Latest news
Lukoil - the winner of three Siberian oil fields auction
Lukoil, the country's second-biggest oil producer by output, won at an auction for three Siberian oilfields.
read more... 26/12/2012
Scotland breaks renewable generation record in first three quarters of 2012
Scotland broke the renewable electricity output record for the first three quarters of 2012, according to data released by the Department of Energy and Climate Change.
read more... 24/12/2012
OPEC ready to cut oil production in 2013 amid oil prices drop
The Organization of Petroleum Exporting Countries (OPEC) announced this week that it will keep its oil output limit at 30 million barrels per day, with production running about 1 million barrels a day above the level of supply that OPEC expects the world will need from it next year. This decision was taken in reaction to higher output from the major consumer United States and a decrease of energy demand which will cause a fall of prices as predicted by some analysts.
read more... 14/12/2012
EIA: U.S. oil production to hike at a record level in 2012
U.S. crude oil production is hiking at the fastest pace in history, according to data released by the U.S. Energy Information Administration (EIA), marking the largest rise in annual output since the beginning of U.S. commercial crude oil production in 1859.
read more... 12/12/2012
CEZ expects record nuclear power output in 2012, 2013
Czech Republic’s largest power producer announced on Tuesday that both of its nuclear power plants are on the way to hit new record power generation this year and next, as it cuts fossil fuel-generated power production.
read more... 11/12/2012