Latest news
BP to announce a dramatic fall in profits amid Gulf of Mexico court case and terrorist attacks
The energy giant British Petroleum (BP) is expected to unveil a big loss in its 2012 profits on Tuesday.
read more... 04/02/2013
U.S. carbon emissions plummet to the lowest level since 1994
A new report indicates that CO2 emissions dropped by 13% in the past five years, posting in 2012 the lowest level since 1994.
read more... 04/02/2013
Daily: European power prices settle up on colder weather and higher carbon
Brent crude futures increased on Friday, recording a 3 percent gain for the week, supported by global economic recovery data and heavy trading of the spread with U.S. oil futures. Meanwhile, Brent March crude gained $1.21, or 1.05 percent, to settle at $116.76 a barrel, having traded from $115.40 to $117.07.
read more... 04/02/2013
Daily: UK prompt gas slightly increases on colder weather forecast, lower Norwegian imports
Brent crude oil futures climbed, while U.S. crude traded lower on Thursday in heavy spread trading that boosted Brent’s premium to its U.S. counterpart. Brent March crude gained 65 cents, or 0.57 percent, to settle at $115.55 a barrel, having traded from $114.28 to $115.76. Meanwhile, U.S. March crude slipped 45 cents, or 0.46 percent, to settle at $97.49 a barrel, having traded from $96.84 to $98.04.
read more... 01/02/2013
Germany calls for renewable incentives cap
German Environment Minister, Peter Altmaier is calling for new a system to define and limit costs to German electricity consumers due to the nation’s feed-in tariff.
read more... 01/02/2013