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Daily: Brent up towards $115 despite weak Chinese trade data
Brent crude oil rose towards $115 per barrel on Monday, backed by expectations of economic stimulus measures from the United States, even if the Chinese trade published worse-than-expected data.
read more... 10/09/2012
Germany has installed 543 MW of Solar Power Capacity
According to the data received by the German Federal Network Agency, Germany added 543 MW of new photovoltaic capacity in July 2012, a little less than the 572 MW added in July 2011 , reaching a total of 4.9 GW of Germany’s total installed capacity for the first half of 2012
read more... 10/09/2012
China launched a second shale gas auction
China is supposed to hold the world's largest reserves of shale gas, which are trapped in rocks and require a technology called hydraulic fracturing.
read more... 10/09/2012
EDF to extend the life of two nuclear power stations in UK
The French-owned company, EDF Energy is considering extending the life span of two UK nuclear power stations that are scheduled to shut down in 2016 for another decade.
read more... 10/09/2012
EU’s carbon emissions drop 2.5% in 2011
According to European Environment Agency EEA, in 2011 European greenhouse gas emissions fell 2.5%, despite higher coal consumption. Renewable energy consumption continued to augment in 2011, which contributed to the given decline in emissions, but it was mostly due to a milder winter in the most parts of the EU which resulted in lower heating demand from households and reduced natural gas consumption.
read more... 07/09/2012