Brent and U.S. crude oil futures turned lower on Thursday in choppy trading following reports indicating that the future economic activity dropped in March and factory activity in the mid-Atlantic region eased in April.
read more... 19/04/2013
French competition authority initiated a call that France should gradually scrap its regulated gas tariffs because of their negative impacts on competition and because they keep prices artificially high, hitting small domestic companies and households.
read more... 19/04/2013
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 18/04/2013
Russia’s gas giant Gazprom allies the American outfit Shell to jointly develop and explore Russian Arctic shelf and a deep-water offshore project outside of Russia.
read more... 18/04/2013
American Wind Energy Association has recently announced that US wind power increased 28% in 2012, bringing its total capacity to over 60 GW, 13 GW of which was added last year.
read more... 18/04/2013