Latest news
China to double natural gas consumption by 2015
The Chinese government has announced last month a new plan which deals with the air pollution problem. China intends to reduce the consumption of fossil fuels in its energy mix to below 65% by 2017, while in 2012 it recorded 66.8%.
read more... 30/10/2013
French GDF Suez to make a first step in UK’s shale gas exploration
French energy major GDF Suez has struck a deal with Australia-listed Dart Energy to explore 13 onshore licences prospective for unconventional gas in the UK. This will represent the first step for the GDF into the shale revolution despite a ban on exploration in France.
read more... 23/10/2013
UK government gives unprecedented go-ahead for £16 billion nuclear deal
The UK government has given the green light for the construction of an unprecedented nuclear power plant in 20 years - the Hinkley Point C project in southwest England.
read more... 22/10/2013
Daily: Crude oil settles higher on upbeat U.S. budget deal outlook
Crude oil futures increased on Wednesday as Congress was on the way to close an 11th-hour deal to increase the government’s debt ceiling and avoid nonpayment.
read more... 17/10/2013
Daily: Brent drops below $111 on Iran’s nuclear proposals at Geneva
Brent crude decreased below $111 per barrel on Tuesday after Iran’s proposal over its nuclear programme at talks in Geneva, while the possibility of a U.S. debt deal in Washington added some support. Brent dropped 54 cents at $110.50 a barrel at 09:56 GMT, after settling down in the two previous sessions, while U.S. oil was down 58 cents at $101.83 a barrel, after closing 39 cents higher.
read more... 16/10/2013