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Daily: Crude oil prices under pressure on concerns about record high in U.S. crude stockpiles
Crude oil prices were under pressure on Tuesday, with Brent ending lower and U.S. crude near flat, as concerns about a record high in U.S. crude stockpiles slashed gains from an early increase on security worries in the Middle East and a weak dollar. Brent crude declined by 19 cents, or 0.3 percent, to close at $64.64 a barrel, after soaring to as high as $65.49. WTI crude rose by 7 cents at $57.06, after trading to as high as $57.83.
read more... 29/04/2015
EU solar producers start new action against Chinese competitors
A group of European solar panel producers has placed a new complaint with EU regulators, blaming Chinese competitors of trying to avoid import tariffs by shipping their products via third countries.
read more... 29/04/2015
Statoil should go ahead with Snorre field expansion
Norway's Statoil should continue with the postponed improvement of the Snorre oil and gas field in the North Sea since it is a time-critical investment, as stated by energy minister Tord Lien on Monday.
read more... 28/04/2015
Global investors initiate a lawsuit of $1.9 billion against Norway
An Oslo court began to hear a lawsuit of $1.9 billion by a group of international investors against Norway on Monday, in a situation that challenges the country's reputation as an expectable place to do business with little political risk.
read more... 28/04/2015
New EU proposal suggests to launch carbon market reform on January 1, 2019
A new proposal from Latvia, holder of the EU presidency, puts forward a date of January 1, 2019 to launch reforms of the Emissions Trading System (ETS), as part of efforts to close a compromise agreement, according to EU sources.
read more... 28/04/2015