Chinese company signs oil exploration contracts with Ecuador

QUITO – A Chinese-owned consortium has signed two contracts with the Ecuadorian government to explore two oil blocks in the southern province of Pastaza. The contracts with Andes Petroleum marked the start of oil exploration in Ecuador’s southeastern region and showed foreign investors’ trust in the Ecuadorian government, Ecuadoran Minister of Hydrocarbons Carlos Pareja said on Tuesday.

Fracking fears raised by U.K. methane gas study

Research on the amount of gas leaked from onshore oil and gas wells raises “serious questions” over the development of fracking in the UK, Greenpeace has said. Around a third of former onshore oil and gas wells are leaking methane gas, according to the research led by scientists at the University of Durham.

Denmark broke world record for wind power in 2015

Denmark produced 42% of its electricity from wind turbines last year according to official data, the highest figure yet recorded worldwide. The new year-end figures showed a 3% rise on 2014, which was itself a record year for Danish wind energy generation.

Denmark Plans Wind Energy Investment In Iran

Clean Power Another European country has expressed intentions to support the development of the renewable energy sector in Iran. The Iranian Energy Minister recently that Denmark has expressed an interest in developing a wind turbine manufacturing facility in the Middle Eastern country.

Big questions for N.J. on crude oil exports

After the oil industry won a victory by persuading Congress to end a 40-year-old ban on the export of crude, it is far from clear what the impact will be on oil-filled tanker trains traveling through New Jersey.

Rooftop Solar Power To Be Mandatory In Dubai By 2030

Clean Power The political leader of Dubai, Sheikh Mohammed bin Rashid, recently announced the Dubai Clean Energy Strategy 2050, which includes a number of renewable energy targets. Perhaps most notable is that all rooftops in the city will have solar panels by 2030.