Latest news
French GDF Suez to make a first step in UK’s shale gas exploration
French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
EIA: Wind power could provide 18% of global electricity in 2050
A new report was presented by the International Energy Agency (IEA), according to which in 2050, wind power could increase almost eight to ten fold from current levels (2.6%), providing almost 18% of global electricity demand.
read more... 22/10/2013
Eni CEO: EU economies could face a long-term structural challenge to compete with industrial operators in the US
The shale gas revolution in the US is frequently mentioned as one of the major highlights of the world’s energy industry in the last 10 years. The growth in shale gas production in the US since 2001 has led to significant changes in the national energy market.
read more... 22/10/2013
Daily: British gas soars on weak North Sea supply
Brent crude oil futures traded steady above $110 a barrel on Monday on hopes the U.S. Federal Reserve would delay reducing its massive economic stimulus programme until next year, which could help encourage oil demand in the world's largest oil consumer. Brent crude futures for December delivery rose 10 cents to $110.04 a barrel by 03:43 GMT, while U.S. crude oil futures for November delivery increased by 3 cents to $100.84, after earlier boosting as high as $100.95.
read more... 22/10/2013
UK government gives unprecedented go-ahead for £16 billion nuclear deal
The UK government has given the green light for the construction of an unprecedented nuclear power plant in 20 years - the Hinkley Point C project in southwest England.
read more... 22/10/2013