Latest news
Czech Republic considerably reliant on nuclear power
The government of the Czech Republic is planning to expand its atomic power at the Temelin nuclear plant, near the Austrian border and at the Dukovany plant and is also planning on building a new string of nuclear plants over the coming decades at three different locations.
read more... 11/10/2011
First Solar inked important agreement for 100MW modules supply
First Solar has inked an important agreement with Reliance Power and Jaisalmer, Indian solar project. Under the new agreement, First Solar will deliver 40 MW of thin film solar modules to Reliance Power by the end of the current year, while the rest 60 MW in 2012.
read more... 07/09/2011
Important step in Indian gas development
British oil giant, BP and India’s Reliance Industries Limited (RIL) announced the acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block.
read more... 02/09/2011
Energy market Trend for 2011-2021
Natural gas is becoming an attractive energy source for its relative low cost and rising trading demand. Due to fast economy growth, natural gas becomes the best alternative to reduce carbon dioxide emissions and be reliant from unpredictably oil price fluctuations and driven global demand. The natural gas and LNG storage market is estimated to worth $18.57bn in 2011.
read more... 22/07/2011
BP to buy a $7.2 billion stake in India’s Reliance Industries
The British oil giant BP declared on Monday that it is interested in buying a stake in oil and gas blocks into India’s Reliance Industries. The total amount of the transaction is estimated to around $7.2 billion and with this acquisition BP hopes to gain a significant position in the Asian country after the Gulf of Mexico oil spill.
read more... 22/02/2011