Latest news
Petroleum activities on the Norwegian continental shelf
The Norwegian oil adventure started with the discovery of Ekofisk in 1969 with the exploration activity that was concentrated on the North Sea. Ekofisk is the largest field on the Norwegian continental shelf, considered in terms of daily oil production and serves as a hub for petroleum operations in this region, with several fields utilizing the infrastructure at Ekofisk for further transport in the Norpipe system.
read more... 26/08/2013
Daily: German power prices up on lower solar power production
On Thursday, Brent crude remains above 110 dollars per barrel on optimistic data from China, the world's second largest oil consumer after the U.S. The U.S. crude oil benchmark, WTI, was traded at a discount to Brent of $5.50 after signs that US firms were diverting oil to Cushing, Oklahoma storage hub for the first time in the last year
read more... 23/08/2013
World largest CO2 recovery plant to be built in Saudi Arabia
Saudi Arabia intends to build the world's largest CO2 purification and liquefaction plant that would compress and purify about 1,500 tons per day of raw CO2. According to Saudi Basic Industries Corporation (SABIC) the plant will be based in the Jubail Industrial City while an estimated 500,000 tons of CO2 emissions will be saved each year.
read more... 23/08/2013
Germany hits a new solar record
Last month, Germany, home to a vast 1.3million photovoltaic installations and the highest solar capacity in the world, has reached a new solar power generation record registering 5.1 TWh, with over 40% of the country’s electricity being generated by solar power on July.
read more... 23/08/2013
Coal- a strategic energy source for Ukraine
Coal production in Ukraine has reached its pre-crisis levels, has announced Ukrainian president Viktor Yanukovych yesterday. Coal production has increased by about 15 million tons in comparison to 2009 levels.
read more... 23/08/2013