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EU and Japan cut Iranian oil imports in April
European buyers of Iranian oil are making significant cuts in supply months in advance of European Union sanctions on Iran crude effective from July, trimming their April imports by 75,000 barrels per day (bpd).
read more... 20/04/2012
Italy to introduce carbon tax to fund green energy
Italy is planning to introduce a carbon tax aimed to finance renewable energy production in order to provide further support for currently funded clean power, as it was announced after a cabinet meeting on Monday.
read more... 19/04/2012
US: EPA issues new fracking gas rules
The U.S Environmental Protection Agency (EPA) has released the first-ever national rules to control air pollution from gas wells that are drilled using a method called hydraulic fracking, the practice that revolutionized the domestic gas sector.
read more... 19/04/2012
First Solar to halt 30% of its worldwide manufacturing capacity
First Solar, the United States' largest maker of solar panels, has recently announced its plans to halt one third of its production facilities worldwide in the fourth quarter of 2012 in order to struggle with lower panel prices.
read more... 19/04/2012
Daily – Brent crude futures extended losses to more than 2 dollars
Crude oil futures decreased on Wednesday following released data which indicated a higher increase in crude stocks as expected previous week in the United States. U.S. crude oil futures traded at 102.95 dollars a barrel, down 1.25 dollars after a trading range from 102.87 to 104.51 dollars, while by 15:15GMT, ICE Brent crude oil futures valued 116.98 dollars, down 1.80 dollars, after having traded between 116.75 and 118.85 dollars.
read more... 19/04/2012