Latest news
Turkey to reduce oil imports from Iran
Turkey announced its intention to reduce oil imports from Iran, replacing them by the Saudi and Libyan oil, in order to avoid US sanctions after official trade data showed very high imports in April.
read more... 13/06/2012
PV record: Germany reaches 10% of electricity production from solar in May
According to data released by a German water and energy trade association, May 2012 was a record month for solar photovoltaics (PV) in Germany.
read more... 13/06/2012
IEA: has predicted in-creased prospect in the coming five years.
According to a new report of IEA(Medium-Term Gas Market Report 2012 ) China will become the third largest gas importer behind Europe and Asia Oceania. While the U.S. will continue to take advantage from the lower prices of unconventional gas revolution.
read more... 12/06/2012
UK offshore wind sector to create 215,000 jobs by 2030
UK offshore wind industry has the potential to add up to 215,000 jobs and boost the UK’s annual GDP by 1 percent, as well as to raise exports by about 22.5 billion pounds ($ 35 billion) by 2030.
read more... 12/06/2012
Oil down as Al-Naimi says OPEC may need higher output quota
Oil plunged for the fourth day in a row after Saudi Arabian Oil Minister Ali al-Naimi announced OPEC may need to increase its production quota and on the news that U.S. would issue more exemptions from sanctions for importers of Iranian oil.
read more... 12/06/2012