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Daily: European coal futures plunge to five-year lows on cheaper oil, gas and pessimistic economic data in China
WTI crude oil increased on Monday spurred by U.S. economic figures, while Brent rebounded after getting closer to a two-year low last week. U.S. crude for November delivery boosted $1.03 to close at $94.57, while Brent increased 20 cents to settle at $97.20 a barrel.
read more... 30/09/2014
Solar energy might dominate power by 2050
Solar energy might be the main source of electricity by 2050, supported by plunging costs of the equipment to generate it, as stated on Monday in a report from the International Energy Agency (IEA), the West's energy supervisory body.
read more... 30/09/2014
Rosneft and Exxon strike oil discovery offshore Arctic oil
Russia’s first crude oil producer Rosneft and the major Exxon Mobil Corp. unveiled an oil discovery at the controversial offshore Arctic field amid Western sanctions against Moscow.
read more... 29/09/2014
European Union could find an interim solution to Russia-Ukraine gas row
The European Union, Ukraine and Russia are likely to sign a binding interim agreement by the end of next week, aiming to propose a temporal solution to the gas row between Russia and Ukraine.
read more... 29/09/2014
IRENA: Biomass could have a promising future by 2030
Renewable energy from biomass (from wood to agricultural waste) could supply a fifth of the global energy needs by 2030, according to the new report released by the International Renewable Energy Agency (IRENA).
read more... 29/09/2014