Latest news
Eni to abandon shale gas projects in Poland
Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.
read more... 15/01/2014
US emissions increased 2% last year
Since the combustion of fossil fuel is the largest source of greenhouse gas emissions in the United States, changes in emissions from fossil fuel combustion have historically been the dominant factor affecting total U.S. emission trends.
read more... 15/01/2014
Total to start fracking in UK
The French oil giant Total is on the brink to become the first major oil company which would explore for natural gas and oil in shale rock in UK, as the company has acquired a 40% stake in two shale gas exploration licences in Lincolnshire in the East Midlands.
read more... 13/01/2014
Spain’s wind power sector
Wind was Spain's top electricity generator for the first six months of 2013. Spain has a vigorous and varied renewable energy portfolio that has considerably reduced its dependence on fossil fuels. Currently Spain imports more than 80% of its gas and coal for domestic use from abroad, making energy security a national precedence. Along with significant growth in solar energy and biofuels, wind energy has become a cornerstone of the Spanish renewable energy portfolio.
read more... 13/01/2014
Daily: British prompt gas prices decline on higher temperature forecasts
Crude oil settled higher on Friday, reversing two days of losses, as traders purchased contracts to cover short positions ahead of the weekend and reports of production issues at a major oil field in the UK kept supply concerns.
read more... 13/01/2014