Latest news
Is the US close to its energy independence?
Looking at the whole U.S. energy picture, which includes natural gas, coal, nuclear, crude oil and renewables, the country is close to being self-sufficient. As a result of the hydraulic fracturing and horizontal drilling, the U.S. is set to become the world’s largest oil and natural gas producer. The American energy boom is also drastically reducing oil and gas imports at a time when much of the world is becoming more reliant on energy imports.
read more... 10/02/2014
Daily: European coal prices tumble on milder weather, weaker demand
Crude oil prices climbed more than $2 to touch one-month highs on Friday, buoyed by a considerable increase in gasoline and heating oil as supplies eased and refiners closed plants for maintenance. Meanwhile, Brent crude oil futures closed $2.38 higher at $109.57, the highest level since January 2. U.S. crude settled up $2.04 to $99.88 a barrel, hitting its highest point since December 27. Brent- WTI spread extended 34 cents to $9.69 a barrel.
read more... 10/02/2014
UK could be the home of world's largest tidal lagoon energy project in Swansea Bay
UK envisages building the world's largest tidal lagoon energy project in Swansea Bay, south Wales.
read more... 10/02/2014
China expected to install record 12 000 MW of solar PV in 2014
Over the course of 2014, China is expected to install a record of 12,000 MW of solar panels, according to a report released by the Chinese Bureau of Energy. This includes the installation of 8, 000 MW of solar PV panels on roofs and other 4,000 MW in the ground-mount segment.
read more... 07/02/2014
UK: Cuadrilla unveils two fracking locations in Lancashire
The controversial shale-gas explorer, Cuadrilla, which hopes to exploit the UK’s shale gas resources, has unveiled two new exploration locations in Lancashire.
read more... 07/02/2014