Latest news
Coal power is set to increase in the next 4 years to come
In the next 4 years to come, coal power production is set to increase considerably as at the moment it is the most profitable source of energy in Europe. According to UBS AG, power producers from EON AG to RWE AG (RWE) will open six times more coal-burning plants than gas-fed units by 2015.
read more... 24/09/2012
EU and China sign a deal on greenhouse gases
The European Commission (EC) announced that the EU development commissioner Andris Piebalgs and Chinese commerce minister Chen Deming have signed a financing agreement promoting the environment transition towards a low-carbon economy and a reduction of greenhouse gas emissions in China at an EU-China summit in Brussels.
read more... 21/09/2012
Gazprom and Centrica strike a 3 year gas supply contract
British utility Centrica has announced on Thursday that it has signed a 3 years gas supply contract with Gazprom Marketing & Trading, a UK registered wholly-owned subsidiary of Russian energy giant Gazprom. Under the deal, Gazprom will supply 2.4 billion cubic meters of natural gas starting from 2014.
read more... 21/09/2012
RWE npower opens the Pembroke Power Station
After three years of construction, the control of the final part of the plant was delivered to the station team last week. RWE npower presented the facility as one of Europe's largest and most efficient combined cycle gas turbine plant which will provide a highly flexible and reliable source of energy, besides it will power 3,5 million homes.
read more... 20/09/2012
Eni made important gas discovery in Pakistan
Italian energy group Eni SpA announced it has made a significant gas discovery in Pakistan, in the Badhra Area B exploration concession, situated in the Khirtar Fold Belt region, 350 kilometers north of Karachi.
read more... 20/09/2012