Latest news
Germany’s renewable energy sector
Germany’s renewable energy sector is currently one of the most flourishing in the world, with solar registering the greatest success. Last year, thanks to strong growth of the renewable, an export surplus of about 22 TWh was reached, with solar PV power plants that produced about 28 TWh a growth of about 44% in comparison to 2011 when they have produced 19.3 TWh.
read more... 08/07/2013
Daily: British prompt gas prices slightly increase as export pipeline resumes
Crude oil futures increased for a fourth consecutive session on Thursday, boosting over $1 a barrel on hope that monetary stimulus measures from major central banks would stay in place for the time being.
read more... 28/06/2013
End of Gazprom’s Russian gas export monopoly approaches
Russian President Vladimir Putin signalled the gradual end of state-controlled Gazprom's monopoly on exports of natural gas, opening the way for rivals Novatek and Rosneft to compete for huge new Asian markets.
read more... 25/06/2013
Russia increase its oil deliveries to China
In a move which aims to reduce oil exports to European market, Russia has recently announced that it intends to increase oil flows to Asia, making Beijing its top customer, which now imports a fifth of oil exports from the major crude oil producer in the world.
read more... 19/06/2013
OPEC to keep oil production target unchanged, with oil at $100
The Organization of the Petroleum Exporting Countries (OPEC), which supplies about 40 percent of the world’s oil, decided to keep its production target unchanged for a third consecutive time, stating that crude prices at about $100 a barrel are relatively strong.
read more... 04/06/2013