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UK launched 25 billion fund for the construction of new biofuel plants

The Department for transport will present a fund of 25 million pounds which will be offered following a demonstration of the use of municipal waste and forestry residues or other advanced biofuel sources to produce fuels, helping UK to shift from fossil fuels as petrol and diesel.

read more... 05/08/2013

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Gazprom remains out of Greece

Gazprom has decided to stay out of the privatization process for Greek state gas operator DEPA for fear that its finances would worsen before the deal closed. Gazprom’s spokesman Sergei Kupriyanov said that they didn’t receive enough guarantees.

read more... 11/06/2013

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Renewable energy in UK increased in 2012 considerably

The Department for Energy and Climate Change (DECC) released the latest figures on the UK's energy growth in 2012, showing an increase in the share of power produced from renewable energy.

read more... 17/05/2013

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DECC: UK’s oil and gas output down in 2012

New annual statistics offered by the Department of Energy and Climate Change revealed that UK’s oil and gas output dropped by 10.3% in 2012 to 122.9 million tons of oil equivalent.

read more... 29/04/2013

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UK: Offshore wind farms generated a record amount of electricity in 2012

UK renewable power generation hiked by 20% in 2012 due to the contribution of new offshore wind farms in spite of lower than average wind speeds over the year, according to figures released by the Department of Energy and Climate Change (DECC).

read more... 02/04/2013

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