Latest news
Daily – UK gas prices remain firm on North Sea gas leak fears
U.S. and ICE Brent crude futures continued to decrease on Thursday following a report on jobless claims disappointed and the final data on U.S. economic increase in the fourth quarter came in unchanged from the previous estimate and along with consensus expectations. WTi crude for May delivery traded at 105.91 dollars, down 50 cents, while ICE Brent crude for May delivery valued 124.02 dollars a barrel, losing 14 cents.
read more... 29/03/2012
Germany confirms 7.5 GW of new solar installed in 2011
The earlier released reports by the German Federal Network Agency indicated that 3 GW of new solar power were installed in Germany in December alone, defining a monthly record in the Federal country. German Federal Network Agency confirmed earlier appraisal that in 2011, a 7.5GW capacity of solar was installed in Germany. This surpassed even the US total new installed capacity of 1,855 MW in 2011.
read more... 29/03/2012
South African Tourism Minister urges EU to suspend ETS scheme for 2 years
During a speech at the Air Transport Action Group (ATAG) in Geneva, South African Tourism Minister Marthinus van Schalkwyk has urged the European Union to suspend the inclusion of aviation in the European Union Emissions Trading Scheme (EU ETS) for two years, in order to provide the industry with time to come to a multilateral global negotiation under International Civil Aviation Organization (ICAO).
read more... 29/03/2012
China: CNOOC net profit jumps 29% in 2011
China National Offshore Oil Corporation Limited (CNOOC), the country’s top offshore oil producer, announced a 29% jump in its 2011 profit, posting a record-high of 70.26 billion yuan (11.17 billion U.S. dollars), compared with 54.41 billion yuan in the previous year, mainly due to increasing oil and gas prices.
read more... 29/03/2012
Daily – oil down on possible stocks release pressures
U.S. and ICE Brent crude oil futures shed on Wednesday, driven down by a released report in Le Monde newspaper that France had a discussion with the UK and United States about a release of oil stocks.
read more... 28/03/2012