Crude oil futures dropped on Tuesday on expectations that U.S. crude stockpiles boosted again countered supportive news of Libyan oil fields being closed by a power cut. Brent crude for April delivery eased 24 cents to close at $58.66 a barrel, after hitting $60.30. U.S. crude for April delivery dropped 17 cents to settle at $49.28, off a $50.33 intraday peak.
read more... 25/02/2015
The Welsh parliament has voted against the utilization of shale gas fracking in Wales, just one week after Scotland passed a fracking moratorium, accentuating increasing dissatisfaction with the British government's ambition to blow shale gas resources.
read more... 05/02/2015
Sweden's most important opposition party, which is likely to win the major share of the vote in an election next week, could vend several of the non-Nordic business of state-owned energy conglomerate Vattenfall if it comes to electricity, according to a senior party official.
read more... 05/09/2014
The British government will support a tidal project, described as the major tidal array in the world, in Scotland, which will vote on autonomy from London in September.
read more... 26/08/2014
The Australian Senate voted 39 to 32 to repeal the nation’s controversial tax on carbon emissions after eight years of harsh political debate during which climate policy dominated three election campaigns and contributed to the resignation of two prime ministers.
read more... 18/07/2014