Latest news
Daily: Brent drops towards $112 ahead of U.S. jobs data
Brent futures declined towards $112 per barrel on Friday, but are on the track to end a choppy week nearly flat pulled down by rising tensions in the Middle East and worries about the global economy and oil demand.
read more... 05/10/2012
TGC Renewables to build the largest solar farm in UK
TGC Renewables, one of the most important renewable energy developers in the UK, has announced that they will commence now the construction of the 6.2 MW solar PV project, at Marley Thatch in South Devon. This will be the largest solar PV project and once completed the solar farm would provide enough electricity to power about 2,500 homes, TGC Renewables said.
read more... 05/10/2012
Europe: Higher prices of natural gas increase demand for coal
Due to higher prices of natural gas, Europe imports of coal from the U.S. have nearly doubled. U.S. coal exports have beaten a new record and reached 66.2 million tons, increasing by about 24% in the first six months of this year. More than half of the U.S. coal exports were directed to Europe.
read more... 05/10/2012
Greece is sitting on offshore gas bonanza
Amid an endless recession and austerity, Greece is likely to hold offshore natural gas resources that could dramatically change country’s fate, according to a study presented to Prime Minister Antonis Samaras.
read more... 05/10/2012
Daily: Nordic spot power trades steady amid colder weather
Brent crude futures rose towards $109 per barrel on Thursday after steep fall in the previous session, while investors were looking forward for further hints from a European Central Bank policy meeting and U.S. jobs data.
read more... 04/10/2012