Japan, the world's third largest oil consumer, announced that it is going to cut sharply its Iranian crude imports under new contracts to be concluded soon, following US and European sanctions over Tehran's nuclear programme.
read more... 09/04/2012
U.S. crude continued to rise on Thursday as investors covered shorts ahead of the Easter holiday weekend after prices fell heavily in the two previous sessions. By 14:53 GMT, WTi crude traded at 102.80 dollars per barrel, gaining 1.33 dollars.
read more... 06/04/2012
The energy provider E.ON UK becomes the fifth energy giant to be investigated by the watchdog Ofgem.
read more... 06/04/2012
Los Angeles City Council approved on Tuesday a feed-in tariff program that will allow the City’s Department of Water and Power to purchase renewable power from projects up to 3 MW.
read more... 06/04/2012
Britain’s Department of Energy and Climate Change (DECC) has announced a £20 million contest for two large scale marine energy demonstration projects, inviting developers to submit until June 1 proposals for new wave and tidal arrays.
read more... 06/04/2012