Latest news
Nabucco consortium sees 2011 as a key year for final investments decisions
According to an official representative of the Nabucco project, the consortium expects to make a final decision on investing in the project by late 2011, the most important step in the project implementation remains is negotiating with potential gas suppliers.
read more... 20/04/2011
Chevron’s chairman criticizes oil tax hike at North Sea
The head of Chevron, has criticized the recent tax hike on gas and oil production in North Sea saying that the decision could have “unintended consequences”.
read more... 19/04/2011
Daily energy overview, Thursday, April 14, 2011
Brent crude futures ended higher, after a drop in two sessions in a row, supported by the government data indicating a deep fall in gasoline stockpiles and the investors’ worries on lasting turmoil in Libya. ICE Brent May crude traded at 122.88 dollars a barrel, up 1.96 dollars, ahead the expiration of the May contract on Thursday.
read more... 14/04/2011
FuelCell Energy to award two contracts for renewable biogas processing and carbon capture
FuelCell Energy, a developing and manufacturing company of ultra-clean fuel cell power plants which generate electricity with up to twice the efficiency of conventional fossil fuel plants, announced the development of 2 renewable projects worth a total of 1.7 million dollars.
read more... 14/04/2011
EU proposing a tax on carbon emissions
According to the European Commission reports, the European Union proposed a tax floor of 20euros per metric ton on fuels that emit CO2, including gasoline, diesel fuel, natural gas and coal starting from 2013.
read more... 14/04/2011