Latest news
Bulgaria withdraws from major project with Russia and Greece
Bulgaria's outgoing parliament has voted to abandon a 1 billion euro oil project meant to bring Russian oil to Greece via Bulgaria. A total of 115 lawmakers in the 240-seat legislature voted to scrap a 2007 agreement with Russia and Greece for the 280-kilometre pipeline, while twenty-five lawmakers voted against the move.
read more... 11/03/2013
China: energy consumption increased 3.9% last year
According to a recent report released by the National Bureaus of Statistics the country used the equivalent of 3.62 billion tones of coal, corresponding to about 66,4% of the total energy consumed, at the same time as oil and natural gas made up something like 18.9% and 5.5%, respectively.
read more... 25/02/2013
Ireland to create a fund for energy efficiency projects
Pat Rabbitte, the Minister for Communications, Energy and Natural Resources, has announced on this week that the Government has approved his proposal to institute an Energy Efficiency Fund (EEF). The €35 million fund will lend cash to the public and commercial sectors for energy efficiency projects. The Irish Government expects the cash will be matched by the private sector to make a total of €70 million which will be accessible to interested businesses.
read more... 22/02/2013
French Total to explore shale gas in the UK
France’s Total, Europe’s third-largest oil company, is envisaging investing in shale gas exploration in the UK, said the company’s CEO Christophe de Margerie.
read more... 15/02/2013
EDF Energies Nouvelles to acquire the wind energy portfolio of Séchilienne Sidec in France
EDF Energies Nouvelles (EDF EN) has bought the wind energy portfolio for a total of 56.5MW from the independent energy producer Séchilienne-Sidec. The deal is part of Sechilienne- Sidec’s drive to focus on biomass and solar power generation. The achievement is part of EDF's goal to further develop its business while consolidating its presence in France.
read more... 14/02/2013