UK Could Gain a Lot from Marine Energy
According to new reports, the UK may have more to gain from marine energy than what was first thought. In fact, the marine energy market could be generating some £76 billion for the UK by 2050, according to the Carbon ...
by Justin Becks May 4th, 2011
Crew Energy is to Acquire Caltex Energy for $622 Million
Apparently a big deal is going down in the energy industry. The company Crew Energyis now set to acquire privately held Caltex Energy. This is a deal that is estimated to cost about $622 million. Pretty much, this is a ...
by Samantha Donovan May 3rd, 2011
Scottish Windfarms Get Paid to be Shut Down for Producing Too Much Energy
There has been a lot of talk recently on whether windfarms could produce enough energy to be worth building. Well, according to new reports, they may be producing too much. Just recently six Scottish windfarms had to be paid £300,000 ...
by Emma Young May 2nd, 2011
Energy Companies Forced to Give a 30-day Notice for Price Increases
Well it has finally happened. Ofgem has finally placed the power back in the hands of the public. This is all thanks to a new rule that requires a 30-day notice from gas and electric companies before they are allowed ...
by Jenson Brayshaw April 29th, 2011
Scottish First Minister Shows Support for Renewable Energy Targets
Regardless of whether people think that Scotland will be able to reach its renewable energy target or not, the Scottish first minister says that he is 100 percent behind the targets. In fact, he went on to say that he thinks that reaching their goal of getting a 100 percent
by Lynnette Adamson April 28th, 2011
Active Energy sees Shares Jump by 43%
According to new stock reports, shares in Active Energy have just recently jumped almost 43 percent. This big jump comes just after the company announced that it has acquired the engineering service group called Red Line Engineering for just £492,250. For ...
by Tessa Clarke April 27th, 2011
Iraqi Oil Ministry Announces 4th Round of Energy Auctions
According to new reports, the Iraqi Oil Ministry has just recently launched its 4th round of energy actions. The auction is being made up of 12 oil and gas exploration concessions during January, 2012. Abdul-Kareem Luaybi, who is the Minister of Oil, has invited a number of interested international energy
by Beth Williams April 26th, 2011
Turkey Not Prepared to Give up on Nuclear Energy
According to the Turkish energy minister, Turkey is not about to give up on nuclear energy. In fact, he went on to defend nuclear energy in Turkey as a whole. The minister, Taner Yildiz, said that Turkey is the only ...
by Jason Drew April 25th, 2011
International Energy Agency Speaks Highly of Biofuels
According to some brand new reports from the International Energy Agency, biofuels could account for more than a quarter of transport fuel usage by the year 2050. This study, which was called the Biofuels for Transport Study, suggests that ...
by Justin Becks April 22nd, 2011
Italy to Cut Back On Nuclear Energy Support
A lot of people expected nuclear energy to make a big comeback in Italy by 2013. However, it now seems that the Italian government has different plans. In fact, due to what happened in Japan, Italy is reconsidering what kind ...
by Samantha Donovan April 21st, 2011
Helius Energy Gets Funding for New Project
It is a great day for Scotland in terms of biomass energy development. That is because well-known biomass energy development company Helius Energy has just recently confirmed to the media that it has secured funding for a £60.5 million Helius ...
by Emma Young April 20th, 2011
