Latest news
Daily – oil up more than 3 dollars on unresolved Euro zone crisis
NYMEX and Brent crude oil futures continued to increase more than 3 dollars on Friday on hopes that European leaders could resolve the crisis and on strong U.S. retail sales numbers.
read more... 17/10/2011
Green policies to push up energy bills by around £300 by 2020
According to a report released by the environmentalist group, Friends of Earth, the UK’s electricity bills could add at least £300 a year per household by 2020, due to the persistent use of the fossil fuels.
read more... 17/10/2011
New feed-in tariffs for anaerobic digestion in UK
The new feed-in tariff scheme for anaerobic digestion in UK was approved by the European Commission that took effect last September 30. Under the new scheme, the projects under 250 kW will receive 14 pence per kWh and 13 pence per kWh for projects with a capacity between 250 and 500 kW, while the anaerobic utilities up to 500 kW will receive 12.1 pence per kWh.
read more... 17/10/2011
Daily – Brent up for the sixth consecutive session
U.S. crude oil futures decreased in post settlement trading on Wednesday on industry released data about a huge drop in domestic crude stockpiles previous week, against forecast about a modest increase. Distillate and gasoline stockpiles also dropped much more than it was forecasted. By 20:33 GMT, NYMEX crude for November delivery traded at 85.01 dollars a barrel, losing 80 cents.
read more... 13/10/2011
BP to invest 800 million dollars in a wind farm
BP, a giant oil company, revealed its plans to invest 800 million dollars in the construction of a wind farm in Kansas (USA), Flat Ridge 2, as to strengthen its position as the major player in America’s rapidly growing renewable industry and boost the local economy by creating thus about 500 jobs.
read more... 13/10/2011