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North Sea could boost its oil output but it needs a reform

Sir Ian Wood, former chairman of oil services firm Wood Group, said that the UK economy could see 200 billion pounds coming from the North Sea oil and gas industry.

read more... 12/11/2013

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Daily: Brent crude increases on the failure to reach Tehran's nuclear deal

Brent crude oil prices boosted more than $1 per barrel on Monday after Iran and six world powers decided to resume nuclear talks on November 20. Brent settled $1.28 per barrel higher at $106.40, after trading as high as $106.47. Meanwhile, U.S. crude settled 54 cents higher at $95.14 a barrel, after touching a high of $95.38. The contract breached the 10-day moving average of $95.26 in intraday trading for the first time in three weeks.

read more... 12/11/2013

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Croatia inks a deal to establish power exchange

Croatia's energy market operator, HROTE, and the country's transmission system operator, HOPS, signed on 7 November 2013 an agreement on cooperation in establishing Croatia's power exchange.

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Shale gas to cut Poland’s CO2 emissions

The possibility offered by Poland’s shale gas reserves will allow the country to build upon its recent economic development, as well as to reshape its energy sector.

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Japan switched on its first turbine at a wind farm near Fukushima

Fukushima has become synonymous with the nuclear disaster resulting from the earthquake and tsunami that struck Japan in 2011. But it may turn that reputation and become known as home to the world’s largest offshore wind farm.

read more... 11/11/2013

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