Lithuania’s government has approved a deal with Japan’s Hitachi involving the construction of a new nuclear power plant, aimed to reduce the Baltic country’s energy dependence on Russia.
read more... 22/06/2012
Despite the U.S. sanctions China reached the highest level this year in importing oil from Iran. Foreign Ministry Spokesman Hong Lei said China’s imports from Iran are fair and reasonable and does not hurt the interests of the international community.
read more... 21/06/2012
Brent crude slipped to about $92 per barrel, hitting an 18 months low on Thursday, driven down by demand growth woes as China’s factory sector eased down and by U.S. Fed’s modest action which discouraged hopes for more aggressive steps to stimulate U.S. economic growth.
read more... 21/06/2012
Renewable electricity generation from technologies that are commercially viable nowadays, alongside a more flexible electric system, could supply 80% of U.S. electricity needs in 2050, according to a report from the National Renewable Energy Laboratory (NREL).
read more... 21/06/2012
The major energy provider, GDF Suez is likely to withdraw its activity from the European continent.
read more... 21/06/2012