Latest news
Russia started oil deliveries to China
After last week, Russia state-owned oil giant Rosneft has announced that it has received the first tranche of advance payment from China National Petroleum Corporation (CNPC), Russia has started delivering crude oil to China, as established by the contract signed by the two countries during the St Petersburg International Economic Forum in June last year, in a move which aims to diversify China’s energy imports.
read more... 22/01/2014
Daily: UK day-ahead gas drops on oversupplied system
Crude oil prices registered modest gains on Tuesday after a recent rally encouraged by optimistic global demand forecast and fresh concerns about Libyan oil exports.
read more... 22/01/2014
UK: because of its high coal consumption, carbon emissions increased considerably
According to a report published by the Environmental Research Letters journal, based on size of population, and if global carbon dioxide emissions are allocated using per capita calculations, UK is more responsible for global warming than the USA, Canada, Russia or even China, because of its historic consumption of coal.
read more... 21/01/2014
Bhlaraidh wind farm obtained the go-ahead
The Scottish government has recently granted planning consent for the proposed Bhlaraidh wind farm near Invermoriston in the Highlands. The wind farm is to have a total of 32 turbines, with a generating capacity of up to 108 MW, enough to power about 50,900 homes in the area, having a total cost of about 166.3 million pounds.
read more... 21/01/2014
Daily: Brent crude slips below $106 per barrel on China figures, Iran nuclear deal
Brent crude dropped below $106 per barrel on Monday, dragged down by figures showing China's oil demand growth eased out further in 2013 and by news Iran had started implementing a nuclear deal with world powers, which could eventually enable more oil exports.
read more... 21/01/2014