Latest news
Italy, Spain blamed by European Commission over failure to comply with renewable energy law
The European Commission has officially drafted two month deadline, requesting that Italy and Spain to complete their commitment to the EU's renewables directive to 2020, otherwise the two countries could be referred to the EU Court of Justice.
read more... 03/10/2013
BP to announce a dramatic fall in profits amid Gulf of Mexico court case and terrorist attacks
The energy giant British Petroleum (BP) is expected to unveil a big loss in its 2012 profits on Tuesday.
read more... 04/02/2013
Daily: Brent crude climbs for a fifth consecutive session ahead of German decision
Brent crude climbed for a fifth consecutive session on Wednesday, trading above $115 a barrel on investors’ cautious optimism that the German court would approve the legality of the euro zone’s bailout fund. The oil prices were also supported by the expectations that the U.S. Federal Reserve would unveil a third round of bond purchasing on Thursday.
read more... 12/09/2012
Huhne against higher feed-in tariffs for solar power
Recently the Energy and Climate Change Secretary Chris Huhne warned that solar PV installers cannot benefit of the current feed-in tariff rate of 43p/kWh, confirming the government projects to appeal against a second court ruling concerning the reduction of solar incentives.
read more... 31/01/2012
UK Government loses solar subsidies court appeal
The UK government lost its appeal on Wednesday against a court's ruling that its cuts to solar power subsidies were illegal, suggesting thousands of homes and businesses will now be able to claim the higher payments.
read more... 27/01/2012