Latest news
German coalition to reform the renewable energy law in 2014
German Chancellor Angela Merkel’s conservatives and the centre-left Social Democrats (SPD) concluded a coalition deal envisaging curbing the growth of renewables and reforming the current controversial renewable support scheme in order to limit the increase of electricity bills to consumers by next summer, giving big utilities more time to adapt their business models.
read more... 29/11/2013
Russia moves a step closer to liberalize its LNG exports
The Russian Federation made a step closer to its plan to liberalize LNG exports, after the government approved the bill and submitted it to the Duma.
read more... 28/11/2013
IEA: China to register the biggest increase in terms of renewable energy generation by 2035
According to a new report from the International Energy Agency, China is expected to see the largest absolute increase in output from clean energy, building more renewable power plants through 2035 than the U.S., EU and Japan combined.
read more... 28/11/2013
Daily: U.S. crude futures drop on ample inventories, Brent up on Libya unrest
U.S. crude oil futures dropped on Wednesday dragged down by higher-than-expected increase in stockpiles which weighted down prices, while unrest in Libya supported Brent. Brent crude boosted 43 cents to settle at $111.31 a barrel, after trading as low as $110.51 during the session. Meanwhile, U.S. oil settled down by $1.38 at $92.30, its weakest close since May 31, after declining to $91.77 earlier in the session.
read more... 28/11/2013
Iran oil insurance sanctions may soon be eased
Now that a nuclear deal has been reached following the breakthrough agreement in Geneva, the west is likely to start easing crippling sanctions on Iran, as it has about $100 billion in investments frozen around the world, and its government runs a deficit of $35 billion a year.
read more... 27/11/2013