Latest news
The EC has proposed a new plan for ocean energy
The European Commission has revealed a new plan for ocean energy sector in Europe. European leaders have today delivered a new action plan to support the development of the renewable marine energy sector. Its exploitation would contribute to lower carbon emissions across the EU as well as providing Europe with secure and reliable energy sources.
read more... 23/01/2014
U.S.: Oil production surpassed imports for the first time in nearly 20 years
According to federal officials, in October, the U.S. extracted more oil than imported, being an important highlight for a nation which tries to reduce reliance on imported foreign oil. Helped mainly by production from shale reserves and a consumption which remained relatively flat, domestic output hit 7.7 million barrels a day last month, against 7.6 million of imports, a 24-year high.
read more... 15/11/2013
Ukraine and Chevron to collaborate in developing shale gas
Ukraine's government has approved on Tuesday a Production Sharing Agreement (PSA) with Chevron Corp. to explore and develop shale-gas deposits in the Lviv region. The objective is to reduce reliance on Russian gas as they thought that the price they pay for Russian gas is too high. The PSA would be signed on November 5 on the sidelines of an international economic forum in Kyiv.
read more... 31/10/2013
South Stream pipeline project - one of the most ambitious infrastructure projects
Russia is currently one of the most important commercial energy partners for Europe, and has always represented a certain and constant supply of gas for many European countries. At present, an important project combines the interests of both Russia and Europe- the South Stream project. Officially, the South Stream is a method for Russia to improve the reliability of its gas supplies to Europe, its largest export market. It will reach this objective by redirecting Russian gas supplies to Europe.
read more... 30/10/2013
UK: Wind projects and subsidies
The number of turbine projects granted planning permission has more than doubled over the last two years, from 83, in January to August 2011, to 188 during the same period this year, while critics of wind farms say they are inefficient and reliant on public subsidies.
read more... 14/10/2013