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Russia to set itself a 2020 carbon emissions target
Russia intends to set itself a 2020 carbon emissions target. According to Alexander Bedritsky, Russia's special representative for climate change, Moscow has begun work on establishing a legally required target. The target would be in the range of 15-25 percent below 1990 levels by 2020, this will mean a rise from actual levels.
read more... 06/12/2012
Daily: UK gas hits 10- month high on increased heating demand
Brent and U.S. crude futures declined on Wednesday on pessimistic economic data from the euro zone and as the U.S. increased concerns about demand for oil. Meanwhile, Brent January crude dropped $1.03, or 0.94 percent, to settle at $108.81 a barrel, having traded from $108.65 to $110.57. U.S. January crude dropped 62 cents, or 0.70 percent, to settle at $87.88 a barrel, having traded from $87.46 to $89.05.
read more... 06/12/2012
Shell expects demand for natural gas to double by 2050
Royal Dutch Shell Plc, Europe’s biggest oil producer, has predicted that global natural gas demand will double by 2050 in comparison with 2010 levels, driven mostly by demand from Asian countries in front with Japan, China and South Korea.
read more... 06/12/2012
Gazprom and China to renew gas supply deal
Russian gas giant Gazprom will renew its gas supply deal with China as a high level Chinese delegation led by Prime Minister Wen Jiabao comes in Russia to progress on natural gas negotiations.
read more... 06/12/2012
The European investment Bank to provide a 155 million euro loan to Bord Gàis
The European Investment Bank (EIB) has granted a 155 million euro loan to Irish energy company, Bord Gàis, to support the construction of six onshore wind farms, in Counties Tipperary, Clare and Kilkenny, with a total combined capacity of 141 MW.
read more... 05/12/2012