Latest news
EU will investigate Gazprom in antitrust probe
The EU Commission said it would investigate into Russia’s major Gazprom with the intention of discovering whether the export monopoly Gazprom had blocked fair competition in the natural gas markets of Central and Eastern Europe. It said it would investigate if Gazprom was obstructing the free flow of gas across the EU countries and whether it erred in charging unfair prices to its customers through its oil-linked gas prices.
read more... 06/09/2012
China surpassed the U.S. as the leader in installed wind power
The U.S. is not the leader anymore when it comes to world installed wind power generating capacity.
read more... 06/09/2012
Daily: Brent declines to $114 on concerns ahead of ECB meeting
Brent crude oil declined to around $114 a barrel on Wednesday on concerns over economic growth before the European Central Bank (ECB) meeting, which was expected to reveal new measures to tackle the region’s debt crisis.
read more... 05/09/2012
British oil and gas production is set to increase
UK energy minister Charles Hendry said that it is expected that UK’s decline in oil and gas production to be less marked this year. British oil and gas production may increase after the worst annual decline in output since the 1960.
read more... 05/09/2012
E.ON to expand in the U.S solar market
German utility E.ON wants to expand in the U.S. solar market and is planning to install a capacity of 120 MW annually from 2015, said Mike Winkel, the CEO of the company’s renewable unit. The first photovoltaic plant that E.ON will build in the U.S. will be located in Arizona and will have a total capacity of 8 MW.
read more... 05/09/2012