Latest news
Daily: EU carbon reaches a 4-day peak on higher energy prices
Brent crude rose to $118 a barrel on Wednesday as supply concerns in the Middle East triggered by tensions over Iran and disruptions in South Sudan offset worries about the health of the global economy.
read more... 15/02/2012
Bulgaria becomes the second country in the world to ban shale gas exploration
The Bulgarian parliament has banned the hydraulic fracturing technique, becoming the second country after France to impose a moratorium on the practice.
read more... 15/02/2012
Egypt to award a contract for a 1, 000 MW wind farm
Egypt’s ministry of electricity has recently announced that is planning to award a contract for the construction of a massive 1,000 megawatt wind farm in the country.
read more... 15/02/2012
European gas market copes with the cold snap
Despite the cold weather at the moment, in most parts of Europe gas storage levels are high because much of the continent has so far seen a mild winter. Europe's gas storage sites were two-thirds full on average versus levels of less than 50 percent at this point last year, data from Gas Infrastructure Europe showed lately.
read more... 15/02/2012
Daily: British spot gas prices declining on a milder weather
Oil prices were steady on Tuesday as the German ZEW survey, which measures analyst and investor sentiment, showed a better-than-expected German economic data and a successful Italian bond auction eased concerns about European demand, while fears about supply disruption due to Middle East tensions continued to support the market.
read more... 14/02/2012