Latest news
Daily: Nordic power declines on rainy weather
Brent crude increased to $99 a barrel on Monday after the failure of the second round of talks with Norwegian offshore oil and gas sector workers, intensifying worries of a total output shutdown, while expectations that China would ease monetary policy and improve fuel demand offset oil prices.
read more... 09/07/2012
IEA: Renewable power will grow by 40% in next 5 years
According to a new report released by the International Energy Association (IEA), solar, wind, hydropower and other renewable sources will boost to more than 40%, to about 6,400 TWh, and the emerging markets will become the main driver of the increase in renewable power capacity over the next five years.
read more... 09/07/2012
Norway’s oil strike
About 700 Norwegian offshore oil and gas sector workers were to continue their strike, after a second round of talks with employers failed last Wednesday. The strike has shut down five oil and gas fields on the Norwegian continental shelf and has already cut Norway's oil production by around 13 percent and gas output by 4 percent.
read more... 09/07/2012
A new wind energy record in Spain
The wind turbine built in April 2009, in Zaragoza hit a new record for energy output on July 1st. The turbine generated 107,82 MWh of electricity and the previous record was set by the same turbine in March.
read more... 06/07/2012
Daily: Brent declines as central banks stimulus failed to alleviate investor concerns
Brent crude futures eased more than $1 on Friday to below $100 per barrel as stimulus actions by central banks hesitated to alleviate investor concerns about the demand outlook for commodities.
read more... 06/07/2012