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UK offshore wind power to become viable by 2020

The costs of offshore wind power generation in the UK could decline 30% by 2020, making this type of renewable energy commercially viable, according to new reports released by wind industry and government.

read more... 15/06/2012

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UK offshore wind sector to create 215,000 jobs by 2030

UK offshore wind industry has the potential to add up to 215,000 jobs and boost the UK’s annual GDP by 1 percent, as well as to raise exports by about 22.5 billion pounds ($ 35 billion) by 2030.

read more... 12/06/2012

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Italy to reconsider 2010 offshore drilling ban

The Italian government is expected to repeal a ban on offshore oil and natural gas drilling enacted in the wake of the 2010 oil spill in the Gulf of Mexico, an official said.

read more... 06/06/2012

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New oil discovery in Bohai Sea, China

China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, has recently revealed that the company has made a new oil discovery in the Bohai Sea, China.

read more... 01/06/2012

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UK’s North Sea could become a green energy hub

UK’s North Sea has all the chances to become a world leader in offshore wind and carbon capture and storage technology, declared the British Prime Minister David Cameron during a speech at the Clean Energy Ministerial summit in London co-hosted by Britain and the US.

read more... 27/04/2012

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