Latest news
EU energy trends to 2030
A new report of the European Commission, in print on Monday, reveals the European Union’s energy trends to 2030. It predicts visibly that wind energy will be ruling the power market for the next decade to 2020.
read more... 21/09/2010
41 oil companies submit applications for exploring oil in Norway
Oil and energy ministry of Norway stated on Thursday that 41 oil and gas companies have applied to explore for petroleum in older regions off the country.
read more... 20/09/2010
Gas imports bill in Germany reduced by 3.2%
Gas imports bill in Germany for the first semester of 2010 reduced by 3.2%, arriving at 12.2 billion euros, comparing to 12.6 billion for the same period in 2009, according to BAFA data on Thursday.
read more... 20/09/2010
Gamesa will triple investment in China by 2012
The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.
read more... 17/09/2010
Russian crude export duty might decline 3 percent in October
According to the Finance Ministry data and Reuters calculations, oil export duty for October in Russia may drop about 3 percent to between $265 and $267 per tonne following the decline in crude prices during the second half of August.
read more... 14/09/2010