Latest news
Rosneft sees its profit doubling in third quarter ahead the TNK-BP acquisition
Russia’s oil giant Rosneft beat expectations by doubling quarterly profits to $5.8 billion prior to its controversial $61 billion acquisition of the private rival TNK-BP.
read more... 09/11/2012
Daily: UK gas prices ease on lower consumption
Brent and U.S. crude oil futures rebounded on Thursday in a choppy trading, even if gains were slashed by concerns about Europe's economy and U.S. fiscal policy. Meanwhile, Brent December crude climbed 43 cents, or 0.40 percent, to settle at $107.25 a barrel and U.S. December crude increased 65 cents, or 0.77 percent, to settle at $85.09 a barrel, having traded from $84.22 to $85.70.
read more... 09/11/2012
UK: Westmill Solar plant goes cooperative
UK-based community group Westmill Solar Cooperative completed its acquisition of the 5 megawatt (MW) Westmill solar photovoltaic (PV) plant, making it the largest collectively-owned PV plant in the world, comprising over 20,000 solar PV panels spread across 30a.
read more... 09/11/2012
Biomass could be the solution to cope with the British energy crisis
Biomass could be the solution the UK is looking for to cope with its energy crisis, according to some energy experts. Biomass could provide cheap, sustainable, reliable energy for the UK.
read more... 09/11/2012
Daily: Bent crude drops on post-election economic worries
Brent crude futures declined nearly 4 percent and U.S. crude futures dropped nearly 5 percent on Wednesday as economic problems facing the United States and Europe hit investor sentiment, pressuring Wall Street equities and oil after the re-election of President Barack Obama.
read more... 08/11/2012