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Daily: German power contract continues its downward trend
Brent crude increased by $1 on Thursday, rebounding from a five month low on hopes that eight-month deadlock that depleted oil exports and revenue in Libya would come to the end.
read more... 04/04/2014
CRE suggests GDF Suez to build offshore wind parks
CRE, the energy regulator in France, has advised a group managed by GDF Suez to construct and control two offshore wind parks, as stated on the website on the French newspapers Le Figaro and Les Echos.
read more... 03/04/2014
UK might produce shale gas within 4 years in urgent situation
The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.
read more... 03/04/2014
Daily: Brent crude oil drops by about $1 on Libyan ports reopening
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014
German research criticize increasing CO2 emissions from coal plants
In 2013, the 30 largest power stations in Germany increased their emissions of carbon dioxide by 4.6% attaining 239 million tonnes, as stated on Wednesday in an analysis made by the Oeko-Institut research institute, criticizing low European carbon prices.
read more... 03/04/2014