Latest news
Shale gas in Europe
Unconventional gas is rapidly growing in importance in Europe, with shale gas at the forefront. It is expected that between now and 2035 shale gas could account for about 45% of European gas production, which is the equivalent of 10% of total demand.
read more... 26/11/2013
Coal consumption keeps growing in China
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. China intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 25/11/2013
CO2 emissions at their highest level ever in 2012
According to a new research made by Global Carbon Project, a group of international scientists from the UK, Norway and Germany, global greenhouse gas emissions from burning fossil fuels reached the highest levels in human history last year and are likely to grow even further this year.
read more... 25/11/2013
UK to stop funding coal- fired power plants overseas
Ed Davey, Britain's energy secretary, has announced on Wednesday that the UK, as the US, would stop funding coal projects in developing countries. The objective is to cut greenhouse gas emissions and to encourage low-carbon development. The announcement was made at United Nations climate talks in Warsaw where the fossil fuels have been at the centre of a storm. About 90% of the Poland's electricity comes from coal, and the government has been resistant to EU calls to strengthen emissions reduction targets.
read more... 21/11/2013
Italian Eni sells its 29% stake in Russian gas venture
Italian energy giant Eni has announced on Wednesday that it had decided to sell its 29 percent stake in Russian natural gas producer SeverEnergia to Yamal Development. Yamal Development is a 50/50 Joint Venture between Novatek and Gazprom Neft.
read more... 21/11/2013