Latest news
UK to generate 11% of its energy from biomass by 2020
The recently released strategy by the National Centre for Bio-renewable Energy Fuels and Materials indicates that biomass sector could deliver up to 11% of the UK’s primary energy demand and create 50,000 jobs by 2020.
read more... 03/05/2012
Daily – oil down on inventory increase
Crude oil futures decreased on Wednesday driven down by a report indicating a sixth straight weekly increase in U.S. crude oil inventories and by low economic data from the United States and Europe that renewed concerns over demand for petroleum.
read more... 03/05/2012
German solar industry continues to shock, despite plans to cut incentives
Despite the German solar sector struggle against the government plans to cut sharply feed- in tariff incentives, Germany continues to shock by installing nearly double the amount of solar power in the first two months of the year, compared to the same period in 2011, according to country’s grid regulator.
read more... 03/05/2012
Iranian oil output at the lowest level in 20 years, hit by sanctions
Iran’s oil output has dipped to the lowest level in 20 years, as the international sanctions imposed on Teheran started to show their impact, according to independent data released on Wednesday.
read more... 03/05/2012
China envisages more investment in shale gas
According to the Ministry of Land and Resources data, China invested $222 million (Yuan 1.4 billion) in its shale gas sector last year.
read more... 02/05/2012