Latest news
Investments into renewables to reach 260 billion dollars
According to Bloomberg New Energy Finance, renewable energy investments increased 5 percent to a record 260 billion dollars in 2011. Supportive governmental programs in U.S. sustained investments into solar power which rose by a third to 55.9 billion dollars, beating China with 47.4 billion dollars investments.
read more... 13/01/2012
Daily – oil up on EU deal to ban Iranian crude
Crude oil futures increased on Wednesday on news that European Union came to a preliminary agreement to ban imports of Iranian crude oil, rising tensions between Tehran and the West over Iran’s nuclear program.
read more... 05/01/2012
Gazprom to slash by 60% its 2012 investment program
The Russian energy giant Gazprom announced on Tuesday that it has decided to slash its 2012 investment program by 64% to 776.648 billion rubles ($24.232 billion) year-on-year, while it will double its dividends.
read more... 21/12/2011
Daily – oil up on strong drop in the US unemployment rate
Crude oil futures increased on Friday as a strong drop in the U.S. unemployment rate supported demand and as geopolitical pressures over Iran’s nuclear program increased fears of supply disruptions.
read more... 05/12/2011
EIB to loan 235 million Euros for grid updates
European Investment Bank (EIB) has approved a loan worth 235 million Euros for the Irish network operator, Energy Supply Board (ESB) which constitutes half the investments required for the two-year program.
read more... 21/11/2011