French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
The UK government has given the green light for the construction of an unprecedented nuclear power plant in 20 years - the Hinkley Point C project in southwest England.
read more... 22/10/2013
U.S. crude oil prices settled at the lowest level in more than three months on Thursday as inventories in the Cushing, Oklahoma, started to reverse a months-long drop, and as signs of progress in negotiations over Iran's nuclear program also added pressure on prices. Meanwhile, front-month December Brent crude settled $1.48 lower at $109.11 per barrel and U.S. oil closed $1.62 per barrel lower at $100.67, the lowest settlement price since July 2.
read more... 18/10/2013
According to a report called 'Small and Medium Wind Market Report 2013', the UK installed about 3,743 small and medium wind turbines amounting 37.52MW capacity in 2012, posting a boost of 71% compared to 3,086 turbines totaling 21.92MW at the end of 2011.
read more... 18/10/2013
The U.K. government and Electricite de France SA are close to announcing a great deal that would see France's EDF Energy building the country's first new nuclear power station since 1995. The project could have a total cost of more than 22.4 billion dollars and would be built on the west coast of England.
read more... 14/10/2013