Latest news
Google to invest $94 million in 4 solar projects
Google, the American multinational internet and Software Corporation, has recently announced a major investment in clean energy sector. The investment of $94 million will be allocated for the construction of four solar photovoltaic projects near California, Sacramento, bringing the company’s portfolio of clean energy projects to almost $1 billion.
read more... 26/12/2011
Gazprom to slash by 60% its 2012 investment program
The Russian energy giant Gazprom announced on Tuesday that it has decided to slash its 2012 investment program by 64% to 776.648 billion rubles ($24.232 billion) year-on-year, while it will double its dividends.
read more... 21/12/2011
EDF Energy to increase its nuclear investment in UK
While the majority of energy companies are phasing out the nuclear energy, EDF Energy announces that it will increase its current 300 million pound investment on UK nuclear plants in order to adopt extra safety rules imposed by the British energy watchdog, following the Fukushima nuclear disaster.
read more... 16/12/2011
EIB accused of disadvantaging renewable energy in favor of fossil fuels
The European Investment Bank (EIB), the world's biggest lender to energy and climate action projects has been accused that it have doubled the funds given to fossil fuels between 2007 and 2010, while it has been allocated a slimmer support for the alternative energy.
read more... 09/12/2011
Centrica and Qatar sign a strategic alliance on oil and gas projects
The British energy company, Centrica, the owner of British Gas and the state-run oil company Qatar Petroleum International (QPI) have recently teamed up in an effort to collaborate on pursuing international energy investments. On Monday they signed a memorandum of understanding to invest in a set of new or existing oil and gas projects. The deal includes investments in liquefied natural gas, gas power turbines, and gas storage.
read more... 07/12/2011