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Daily: Brent and U.S crude settles lower on demand concerns and fragile economies
Brent and U.S. crude futures declined for a second consecutive session on Tuesday over worries about lower demand in a well-supplied market and the United States and Europe struggling with fragile economies.
read more... 14/11/2012
The Czech Republic to considerably increase the share of nuclear power production
The Czech government is planning to considerably increase the country’s nuclear power production to at least 50 percent of its electrical energy mix by around 2040 from the current 30 percent and to slash coal use to meet greenhouse gas emission targets.
read more... 14/11/2012
Poland extended the deadline for shale gas exploration projects
On Monday, five state-controlled Polish companies announced that they have extended the deadline on shale gas cooperation, to February 4th of next year, after they had originally set an early November date to expose all the details.
read more... 13/11/2012
Daily: Brent and U.S. crude end lower on economic concerns
Brent and U.S. crude oil futures declined on Monday, after settling higher the two previous sessions, dragged down by worries about U.S. fiscal problems, euro zone debt and weak Japanese GDP data showing positive signs of improving Chinese oil demand and by geopolitical fears caused by Middle East violence.
read more... 13/11/2012
IEA: Renewable power to surpass coal by 2035
The International Energy Agency (IEA) has recently released a new report according to which the renewable energy will surpass coal, becoming the main generator of the world's electricity by 2035. It sees great potential for wind farms, solar farms and hydroelectric dams that become increasingly competitive with traditional energy sources, a level close by that of coal, said the Paris-based IEA agency that advises 28 nations on energy policy in its annual outlook.
read more... 13/11/2012