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British Gas announces energy price hikes

Today British Gas confirmed that it will augment gas and electricity prices by 6% starting from November.

read more... 12/10/2012

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Global clean energy investment to register a significant decrease in 2012

Global clean energy investment for 2012 is likely to fall short of last year’s 280 billion dollars. According to BNEF, global investment in clean energy came to 56.6 billion dollars in the third quarter of 2012, a 20% decrease in comparison to 2011, being the first annual decline within the last 8 years.

read more... 12/10/2012

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Daily: US crude ends higher on Middle East worries

Brent crude futures climbed on Thursday on intensifying tensions in the Middle East which reinforced worries about supply from the region and as North Sea production continued to be slashed by maintenance.

read more... 12/10/2012

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Norway to nearly double carbon tax on offshore oil industry

Norway envisages doubling carbon tax on its North Sea offshore petroleum industry, boosting its funding for the prevention of deforestation in developing countries and launching a new climate and energy fund of £1bn, according to its draft 2013 budget.

read more... 12/10/2012

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Solarstrom to build 440MW of solar generation capacity

Solarstrom ( SAG), a German developer of renewables, intends to build 4 solar photovoltaic (PV) projects in western Spain ,in the Extremadura region, totaling 440 MW. The four projects will be built by a joint-venture, which includes Valsolar, in which Solarstrom holds a 51% share.

read more... 11/10/2012

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