Latest news
Germany's dependence on coal to continue for a long time
Germany intends to reduce reliance on imported oil and has started the phase-out of aging nuclear power stations, meanwhile the German government has adopted a target of achieving 20% of the country's energy share from renewable sources by 2020.
read more... 11/07/2013
Daily: British gas prices drop on oversupply, warm weather
Brent crude dropped towards $107 on Wednesday on worries about weakness in the recovery of China, the world's second biggest oil consumer, while U.S. crude traded higher after data showed a bigger-than-expected fall in crude oil stockpiles.
read more... 11/07/2013
Spain’s oldest nuclear power plant officially closed
Spain’s oldest nuclear power plant Santa Maria de Garoña, in the north-central province of Burgos, has been officially shut down on 6 July after 42 years in operation.
read more... 11/07/2013
Daily: Crude oil prices register moderate gains sunk by dollar
Crude oil prices ended with moderate gains on Tuesday, backed by a stock market advance and concerns over Egypt. However, the gains were capped by a strong U.S. dollar and supplies brought back online. Brent crude oil futures closed the day 38 cents higher at $107.81 per barrel. Meanwhile, U.S. crude oil futures rose 39 cents at $103.53, after trading as low as $102.31.
read more... 10/07/2013
EU and Algeria to take steps towards deeper gas cooperation
The European Union appreciates the value of Algeria as a key player in gas sector and supports its role in the region, according to European Commission president Jose Manuel Barroso.
read more... 10/07/2013