Latest news
Rosneft envisages doubling China oil deliveries in exchange for an oil-for-loan deal
The Russian oil major Rosneft is eyeing a $30 billion loan from China and is in talks with state-owned China National Petroleum Corp in exchange for doubling oil supplies to Beijing, in a move that could divert supplies away from Europe.
read more... 14/02/2013
EU: The 20% target of reducing emissions would be insufficient to prevent global warming
The EU is presently committed to reduce emissions 20% by 2020, but the European Commission President Jose Manual Barroso, declared this would be not enough to prevent dangerous levels of global warming. Barroso added that green growth is a path out of the five-year-old Eurozone crisis, saying that 4.8 million new jobs could be created if the EU meets its 2020 energy efficiency targets. Meanwhile, the EU has started talking about setting climate and energy targets for 2030.
read more... 13/02/2013
Daily: UK gas increases on weaker pipeline flows, higher heating demand
Brent and U.S. crude oil futures boosted on Tuesday following OPEC’s monthly released report showing an optimistic outlook for the amount of crude that group experts have to produce in 2013 in order to keep supply and demand in equilibrium.
read more... 13/02/2013
Global PV capacity surpassed 100 GW in 2012
According to preliminary data collected by the European Photovoltaic Industry Association (EPIA), global installed PV capacity reached 100GW in 2012 for the first time, up from 71GW in 2011 and 40GW in 2010. The world’s solar capacity can now produce as much electricity in a year as 16 coal power plants or nuclear reactors of 1 GW each.
read more... 13/02/2013
Ukraine to diversify its gas supplies away from Russia
Ukraine is envisaging importing natural gas from Europe via Hungary and Slovakia in the first quarter of 2013, as it is trying to diversify its supplies away from Russia’s Gazprom.
read more... 13/02/2013