Latest news
UK: Shale gas could improve energy security but could not reduce energy bills
The UK has decided along with other countries, to follow the example of the United States on what concerns the shale gas production. MPs has criticized the government for delaying development of shale gas instead of encouraging companies to come up with more precise estimates of recoverable reserves.
read more... 26/04/2013
Daily: Crude oil trade higher on Syria concerns, commodities rally
Crude oil prices increased as much as $2 on Thursday on new reports stating that Syria may use chemical weapons, raising fears over stability in the Gulf region, while a strong increase in commodity and equity markets encouraged buying.
read more... 26/04/2013
France advocates the EU 2030 renewables targets
The European Union proposals to establish new renewable energy targets for 2030 received a support, after the French energy and environment minister, Delphine Batho, confirmed that her government will advocate the plan.
read more... 26/04/2013
The UK's emissions are actually increased by around a fifth
According to the Committee on Climate Change, carbon emissions have dropped about 20% in the last 20 years, limiting this way the growth in the UK’s carbon footprint. So formally, UK carbon emissions have been falling for last years, but increased imports of goods from overseas, which create emissions during their manufacture in other countries, are pushing up the overall total of greenhouse gases, so the UK's emissions have actually increased by more than a fifth.
read more... 26/04/2013
China to lower fuel prices due to declines of global oil prices
China, the world’s second-biggest oil consumer has announced it intends to lower oil prices in its first change under a new fuel price mechanism that is more tightly linked to the cost of crude oil.
read more... 25/04/2013