According to a study realized by Scottish Renewables the UK could deliver 1GW of new onshore wind without pushing up the prices for power which could cover a supplementary annual demand of 600.000 homes.
read more... 13/04/2017
Algeria, member of the Organization for the Petroleum Exporting Countries, mulls the development of renewable energy projects to meet its raising demand for power.
read more... 10/04/2017
Crude oil prices lost ground on Monday despite news that OPEC was supportive of extending a six-month deal to cut output as investors continue to be worried about increasing U.S. oil output and high inventories.
read more... 21/03/2017
The demand for oil is anticipated to decrease from 1.6 million barrels a day in 2016 to 1.4 million barrels a day in 2017 which will add more issues for the producers while they could try to increase prices, as indicated in the International Energy Agency report published earlier this week, based on the early 1st quarter indicators showing slowdowns in Japan, Germany, Korea and India in January 2017.
read more... 16/03/2017
Crude oil prices posted modest changes on Monday, remaining under pressure from U.S. stocks which rose to record levels.
read more... 14/03/2017