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Angela Merkel’s coalition supports the acceleration of shale gas fracking
Chancellor Angela Merkel’s coalition is pledging for easing the extraction of natural gas by hydraulic fracturing methods, withdrawing a virtual moratorium on the controversial fracking in some German regions.
read more... 11/02/2013
UK: Ecotricity to build a 66MW wind farm in Lincolnshire
The green energy company Ecotricity has obtained the permission by the Department of Climate Change and the Environment (DECC) to build a 66 MW wind farm in northeast Lincolnshire in east-central England.
read more... 11/02/2013
Gazprom to cut prices for European customers in 2013
Gazprom, the world's biggest gas producer, has announced on Friday that it has set aside 3.5 billion euro for retroactive price concessions to major European customers in 2013. That comes as a reaction to the declining demand because of the Europe’s economic crisis, energy efficiency drives and competition from liquefied natural gas.
read more... 11/02/2013
Daily: Brent crude settles higher on Iran tensions
Brent crude futures boosted on Thursday after Iran strongly rejected proposals for direct talks with the United States about nuclear standoff, while U.S. crude futures dropped and the Brent/WTI spread increased to a 2013 peak above $21 a barrel. Brent crude climbed 51 cents, or 0.44 percent, to settle at $117.24 a barrel, having traded from $116.71 to $117.83.
read more... 08/02/2013
Europe’s dirty secret: it consumes more coal
Europe’s consumption of coal increased last year after a long decline, due to a surge of cheap American coal on global markets.
read more... 08/02/2013