Crude oil prices slipped for a sixth consecutive session on Wednesday, with Brent crude dropping below $98 per barrel for the first time since July as increased U.S. fuel supplies weighted on overall concern about world oil demand. Meanwhile, Brent crude dropped $2.22 at $97.69, after declining earlier to $97.26, the lowest level since July 2012. U.S. crude settled down $2.04 to $86.68.
read more... 18/04/2013
Production at the Huntington oil and gas field in the North Sea has successfully started and signs an important step for E.ON's upstream business as the field will significantly increase the company's overall production and contribute to a substantial increase in cash flow.
read more... 17/04/2013
According to a report released by Pew Charitable Trusts clean energy investments worldwide dropped 11% in 2012 to $269 billion from 2011 levels, weighed down by regulatory uncertainty and policy changes in big markets such as the US, India, Spain and Italy.
read more... 17/04/2013
Brent crude dropped below $100 a barrel for the first time in nine months in heavy trading on Tuesday, extending losses, dragged down by data from China and the U.S. that indicated weak growth in global oil demand.
read more... 17/04/2013
European lawmakers rejected on 16 April the European Commission’s draft plan to increase companies’ costs of emitting greenhouse gases, a plan aimed to boost the carbon emission rights trading mechanism.
read more... 17/04/2013