Latest news
EIB guarantee deal of €100 million with Landesbank Saar covers 10 projects
The European Investment Bank (EIB) has inked a €100m guarantee agreement with Landesbank Saar (SaarLB) to offer the latter further scope to invest in clean energy.
read more... 19/07/2016
Scotland gives £3 million to develop wave energy
The Scottish government gives £3 million to projects which develop wave energy in Scotland.
read more... 19/07/2016
Daily: POKEMON GO could lead to increased oil demand
Crude oil prices lost ground on Monday, down over 1 percent after increasing inventories of crude and refined fuel intensified concerns about another oversupply. An attempted coup in Turkey has only briefly supported the market. The application Pokemon GO is the potential for a substantial increase in car use which could lead to higher oil consumption to the level of hundreds of thousands of barrels a day.
read more... 19/07/2016
Closure of British Rough gas storage facility extended into 2017
The closure of British largest gas storage facility, Rough, was prolonged into March or April 2017 on Friday, increasing fears that Britain could enter winter season with record low inventories and soaring gas prices.
read more... 18/07/2016
China’s fossil fuel consumption will drop in 2050: CNPC
China’s renewable energy consumption will raise in 2050 since country is to consume less fossil fuel, as stated in a report by China National Petroleum Corporation. China’s total energy consumption will hit its peak of 3,750 million tons of oil equivalent (mtoe) around 2035, according to the China National Petroleum Corporation’s (CNPC) latest report.
read more... 18/07/2016