Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
China and European Union made great concessions on July 27 to solve their trade dispute over the export of underpriced Chinese solar panels.
read more... 30/07/2013
U.S. energy company Hess Corp has signed a co-operation agreement with China National Petroleum Corporation (CNPC) to develop a shale oil block in China.
read more... 30/07/2013
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 29/07/2013