Latest news
UK solar PV systems may face new subsidy cuts this year
The UK subsidies for household solar PV systems may face a new series of cuts this year and could be slashed to about a third of recent levels, under government changes announced earlier this month. The plan follows two rounds of subsidy cuts announced last year.
read more... 17/02/2012
Daily: Brent crude reverse gains on a potential delay in the second bailout for Greece
Brent crude reversed earlier gains and slipped below $119 per barrel on Thursday after striking multiple-month highs yesterday as concerns of a delay in a second bailout package for Greece weighed down global markets. Brent crude was traded down 27 cents to $118.66 a barrel by 09:44 GMT, after hitting a peak of $119.99 on Wednesday, the highest intraday price since August and settled at $118.93, the highest level since June.
read more... 16/02/2012
ENI makes new deepwater gas discovery offshore Mozambique
The Italian giant, ENI has announced a new major gas discovery in the Mamba North 1 prospect, in Area 4 Offshore Mozambique, being the second significant discovery off Mozambique since October 2011.
read more... 16/02/2012
Iran to cut off oil supplies to six European countries
Iran warned six European countries that it might hit first by immediately cutting them off from Iranian oil, in response to the recent sanctions imposed by the European Union against its energy and banks.
read more... 16/02/2012
Europe hits more than 1 million jobs in green energy
According to the new figures released from the EurObserv’ER State of the Renewable Energies in Europe, more than 1.1 million people worked in Europe’s renewable energy sector in 2010, a 25 % increase on the previous year.
read more... 16/02/2012