Latest news
Russia’s Rosneft in partnership with US Exxon to start output at LNG plant
Russia’s Rosneft, announced its collaboration with U.S. ExxonMobil in view to initiate production at its first liquefied natural (LNG) plant in 2018-2019, regardless of East-West conflicts over Ukraine.
read more... 02/04/2014
Global solar market to be boosted by China and Japan in 2014
This year, China will surpass Europe due to its major solar market, expanded by a local requirement to develop green energy sources that will increase global demand, according to a research report.
read more... 02/04/2014
Daily: Brent crude dips nearly to 5-month low on China, Europe manufacturing data
Brent crude oil futures dropped on Tuesday to hit almost a five month-low on pessimistic manufacturing figures from China and Europe. WTI oil futures also posted a decline as analysts forecasted an increase in crude stocks for 11th straight week in a row.
read more... 02/04/2014
Russia intensifies pressure on Ukraine with gas price increase
A raise of about 40% in the gas price for Ukraine has been announced on Tuesday by Russian natural gas producer Gazprom, escalating financial pressure on Kiev in its confrontations with Moscow.
read more... 02/04/2014
Siemens to invest £160 million in UK wind turbine production and installation facilities
Global engineering giant Siemens has confirmed its plans to invest £160 million in wind turbine production and installation facilities in Yorkshire, England.
read more... 01/04/2014