Latest news
Italy to invest 140 million Euros in wind power in Egypt
Italgen Group, which already operates already in 22 countries around the world, will invest 140 million euros into the development of wind energy projects in Egypt that will be situated in Gabal El Zeit area and have a total capacity of 120 MW.
read more... 14/06/2011
Global wind energy Outlook 2010
In 2010, the leader in the global wind industry was China accounting more than half of the global wind market. The total global installed offshore wind capacity reached 3117.6 MW, of which 1161.7 MW was added in 2010, representing a growth rate of 59 percent from the previous year.
read more... 31/05/2011
America’s wind industry ICREASED by 15% in 2010
America’s wind power increased by 15% in 2010 with 5,116 MW new installed capacity last year totaling 40,181 MW, enough to supply electricity to more than 10 million American households. The annual report submitted by American Wind Energy Association shows a significant increase in wind power by 35% since 2007 underscoring the role of this industry in the country’s economy following natural gas as basic energy generation source.
read more... 30/05/2011
Total buys a 25% stake in Qatar offshore block
The French energy giant Total announced that it has signed an agreement with CNOOC Middle East (Qatar) to acquire a 25% stake in Qatar's Block BC offshore exploration license. CNOOC Middle East will hold an interest of 75% and will remain the operator of the block.
read more... 30/05/2011
German regulator criticizes petrol station oligopoly
The German regulator criticizes the way in which the five largest oil companies BP, ExxonMobil, Shell, ConocoPhillips and Total set the prices of motor fuel and is accusing them of price manipulation.
read more... 30/05/2011