The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.
read more... 03/04/2014
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014
In 2013, the 30 largest power stations in Germany increased their emissions of carbon dioxide by 4.6% attaining 239 million tonnes, as stated on Wednesday in an analysis made by the Oeko-Institut research institute, criticizing low European carbon prices.
read more... 03/04/2014
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
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