Latest news
Europe and China threatened by a trade war
European Union and China are in a multi-billion-dollar dispute over solar panels, pushing both sides closer to impose tariffs on each others' exports and risking a trade war.
read more... 06/03/2013
German RWE abandons production of crude oil and natural gas
RWE AG has announced on Tuesday it has put its oil and gas exploration and production business up for sale in a move aimed to remove pressure on future capital spending and improve the company’s financial situation.
read more... 06/03/2013
France has 4 GW of installed PV capacity
According to the Ministry of Energy, Ecology and Sustainable Development of the country, France registered a 39 % decrease of installations if compared to 2011, the country has added only 1.08 GW of new photovoltaic capacity with over 34,500 plants in 2012.
read more... 05/03/2013
UK: Gas prices hit 5 year highs
UK gas prices hit a five year high on Monday as unexpected stoppages at North Sea facilities sparked worries about the risk to power supplies. Within-day gas prices traded as high as 120 pence per therm, as the system was undersupplied by roughly 60 million cubic meters per day.
read more... 05/03/2013
Daily: Brent and U.S. crude oil futures drop on slowing growth in China
Brent crude oil futures slipped 31 cents or 0.3 percent, to settle at 110.09 a barrel on Monday, dragged down by demand worries over a factory growth slowdown in China and worsening business sentiment in Europe. Brent contract has fluctuated between $110.89 and $109.58 during the session.
read more... 05/03/2013