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Lithuania inks non-binding agreement for U.S. LNG

Lithuanian liquefied natural gas (LNG) importer Litgas has inked a non-binding deal to acquire LNG from the United States' first export terminal, as stated by the company on Saturday.

read more... 02/03/2015

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Britain: decline of coal—fired power generation to five-year low in 2014

Britain's coal-fired power generation last year dropped to a five-year low, according to government data showed on Thursday, signifying it was possible that power plant emissions of carbon dioxide (CO2) in the EU's second major carbon polluter also declined.

read more... 27/02/2015

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Daily: Crude oil fell sharply on increasing U.S. stockpiles

Crude oil futures dropped considerably on Thursday as increasing stockpiles in the United States pressured both Brent and WTI and countered expectations for rebounding demand. Brent crude for April delivery decreased by $1.58, or 2.56 percent, to settle at $60.05 a barrel, off a $62.63 intraday peak. On Wednesday, Brent rallied 5 percent. U.S. crude for April delivery declined by $2.82, or 5.53 percent, to close at $48.17, after soaring 3.47 percent on Wednesday.

read more... 27/02/2015

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Bulgaria abandons incentives for new renewable energy installations

Bulgaria's parliament abandoned privileged prices for new renewable energy installations on Thursday since the country is trying to reduce deficits in the energy sector and maintain a cap on consumers' utility bills.

read more... 27/02/2015

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Netherlands distributes 46 million free carbon allowances to industry

The Netherlands has started to hand out this year's quota of free carbon permits to industry, as stated by the Dutch Emissions Authority (NEA) on Thursday.

read more... 27/02/2015

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