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New Law Shatters Bulgaria's Renewable Energy Sector

Πεμ, 5 Μαΐου 2011 - 15:23

Bulgaria's newly adopted Renewable Energy Act contradicts the Constitution and EU law, and will shatter the country's energy future, according to the Bulgarian Wind Energy Association.

Turkey Produced 17 Mbpd of Oil in 2010

Πεμ, 5 Μαΐου 2011 - 15:23

Natural gas and oil exploration activities conducted in 102 wells in Turkey yielded positive results last year.Of the total 205 wells opened in different regions of the country in 2010, crude oil was found at 57 exploration wells, natural gas was discovered at 44 locations, while both oil and natural gas were found at 1 well, a report released by the Directorate General for Petroleum Affairs said on Wednesday.

130-200 GW of Globally Installed PV Systems by 2015 Projected -EPIA

Πεμ, 5 Μαΐου 2011 - 15:22

Photovoltaic power well on the way to contributing an important share of the future energy mix; the European Photovoltaic Industry Association (EPIA) presents its Global Market Outlook until 2015. Over the past decade, the photovoltaic (PV) market has experienced unrivalled growth among all energy generating technologies.

Achieving Carbon-Free Electricity Throughout Europe Will Require a Broad Mix of Energy Sources

Τετ, 4 Μαΐου 2011 - 17:03

Achieving a carbon-free electricity sector throughout Europe will require a broad mix of energy sources, the International Energy Agency’s (IEA) Executive Director explained at a meeting of European Union Energy Ministers in Hungary.

Act Now on Peak Oil or Curtail Mobility, says Commission

Τετ, 4 Μαΐου 2011 - 17:02

The European Commission's director-general for transport and mobility policy has warned at a conference on peak oil that it would be a "fatal mistake" for the EU to postpone measures to reduce oil dependency.

French President Supports Shale Gas Ban Draft Bill

Τετ, 4 Μαΐου 2011 - 16:59

French President Nicolas Sarkozy supports the draft bill to ban shale oil and gas extraction and to cancel the exploration permits already granted, daily Le Figaro reports Wednesday, citing comments made by Sarkozy to members of the UMP ruling party Tuesday.

Tepco To Improve Conditions For Workers As Nuclear Crisis Drags On

Τετ, 4 Μαΐου 2011 - 16:59

Workers toiling to fix the stricken Fukushima Daiichi nuclear power plant now have something to look forward to--fresh meals and more frequent showers.

Vestas Hit By Weak Orders

Τετ, 4 Μαΐου 2011 - 16:58

VESTAS WIND SYSTEMS AS (VWS.KO), the Danish wind turbine maker, Wednesday said its net loss widened on the year to EUR72 million from EUR26 million in the traditionally weak first quarter, despite solid sales growth, and reiterated its full-year results guidance.

Romania Shuts Cernavoda Reactor For Planned Overhaul

Τετ, 4 Μαΐου 2011 - 16:58

Romanian state-owned energy producer Nuclearelectrica will shut down the second reactor at its nuclear power plant in Cernavoda Friday for a 25-day scheduled overhaul, news agency Mediafax reported.

Chevron Widens Footprint In US Shale Natural Gas

Τετ, 4 Μαΐου 2011 - 16:58

Chevron Corp. (CVX) is doubling down on a big natural-gas bet by expanding its reach into a large swathe of Pennsylvania.

OPEC April Output Up, But Well Below Pre-Libya Conflict Level

Τετ, 4 Μαΐου 2011 - 16:55

The Organization of Petroleum Exporting Countries' total oil production rose slightly in April, but only because of a significant downward reappraisal to Saudi Arabia's March output, a Dow Jones Newswires survey shows. The group's production remained well below the level from prior to the Libyan civil war.