Latest news
China and EU reached an agreement on solar panels
The European Union and China have finally reached an agreement over imports of solar panels which should help reduce tensions between two of the world’s largest trading powers.
read more... 29/07/2013
Daily: Crude oil drops on concerns about Chinese demand
Crude oil prices dropped on Friday, prolonging losses amid worries over slipping Chinese demand after the world’s second-largest oil consumer ordered factories to cut production fearing about an excess of capacity. Brent futures for September delivery eased 48 cents to settle at $107.17 per barrel, after registering a 46-cent gain on Thursday. U.S. light crude for September slipped 79 cents to settle at $104.70 a barrel. The North Sea benchmark's premium to West Texas Intermediate was $2.45.
read more... 29/07/2013
UK: Last year coal represented one third of energy generation
According to figures from DECC, last year coal accounted 39% of the country's total generation registering a 10% increase in comparison to 2011 levels.
read more... 26/07/2013
Daily: British gas prices hit 3-week high on summer reduced supply
Crude oil prices increased in quiet trade on Thursday, pushed up by a slightly weaker dollar, while gasoline futures decreased nearly 4 cents per gallon, being hit by a fast dip in the cost of ethanol credits. Meanwhile, Brent crude traded 46 cents up to settle at $107.65 a barrel, off lows of $106.40 a barrel. U.S. crude boosted 10 cents to settle at $105.49 a barrel. The European benchmark's premium to West Texas Intermediate was wider than last week, keeping around $2.23.
read more... 26/07/2013
Natural gas – the fuel of the future?
Natural gas is believed to be one of the most important energy sources for the future. The great quantity of natural gas together with its environmental reliability and numerous appliances across all sectors signifies that natural gas will keep playing an ever more important role in meeting demand in energy. Global demand for natural gas is projected to increase significantly as more states adopt environmentally cleaner fuels to meet future economic growth.
read more... 26/07/2013