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Spain's power 100% renewable in 2050 as part of draft climate law

Spain will aim to cut its greenhouse gas (GHG) emissions by 90% by 2050, from 1990 levels, and achieve 100% renewable power that same year, according to a draft of the Climate Change and Energy Transition Law, presented to journalists on Tuesday.

read more... 15/11/2018

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Wind to be EU's largest power source well before 2030

Wind energy is set to overtake coal, nuclear and gas to become the EU’s largest power source well before 2030, WindEurope quoted the International Energy Agency's (IEA) World Energy Outlook Report on Tuesday.

read more... 14/11/2018

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Turkey acquires second vessel for oil and gas exploration

Turkey has acquired a second vessel for oil and gas exploration, the Turkish Ministry of Energy and Natural Resources said.

read more... 14/11/2018

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Daily (13.11.2018): NBP spot gas price added almost 8% on Monday, due to stronger demand

Oil prices edged lower on Monday, following OPEC’s reaction to add more supply in order to cover potential losses of Iranian barrels, after sanctions against crude exports from the Islamic Republic were re-imposed on November 4. Brent crude was almost flat at $70.12 a barrel, while WTI crude lost 0.4% to $59.93 a barrel.

read more... 13/11/2018

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Pavilion Energy mulls over role in $25.5 billion Arctic LNG 2 project

Pavilion Energy is mulling over its participation in the US$25.5 billion liquefied natural gas (LNG) project dubbed Arctic LNG 2, to be developed by Russia’s largest independent gas producer, Novatek.

read more... 13/11/2018

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