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EU proposal to reduce supply of carbon permits ratified

On Wednesday, a proposal to support EU carbon prices was made known in the journal of European Union, ratifying a measure named backloading which continues the path towards attaining the objective of permitting the withdrawal of a limited number of permits, precisely 400 million.

read more... 27/02/2014

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Daily: European year-ahead coal prices at the lowest level in five years

U.S. oil futures settled higher on Wednesday following the publication of government data indicating an unexpected low increase in crude stockpiles and one more significant drawdown at the American benchmark's delivery hub, at Cushing, Oklahoma. Meanwhile, Brent prices were flat on concerns over slower growth in China, as its debt has reached record levels.

read more... 27/02/2014

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Japan: nuclear - main baseload power source

Japan’s government stated in a final report on Tuesday that nuclear reactors which meet the safety standards fixed by the nuclear regulatory entity should consider resuming their operations.

read more... 26/02/2014

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Canadian Solar deal to supply PV modules in Japan

Canadian Solar has concluded a deal with Hitachi to provide PV modules of 18MW for a solar power project in Japan.

read more... 26/02/2014

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Petronas sells 25% stake in an LNG project

Malaysia-based Petronas has concluded the vending of a 25% equity stake in its Pacific North West LNG project in British Columbia, according to the statement made on Tuesday by Shamsul Azhar Abbas, the Group’s CEO.

read more... 26/02/2014

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