Latest news
Russia and Ukraine failed to reach a gas agreement
Russia and Ukraine failed to reach an agreement after another round of gas talks on Tuesday night, over Kiev’s struggle for a gas price cut.
read more... 23/12/2011
Daily – oil up on possible supply disruptions
Crude oil futures increased for the fourth day in line on Thursday as turbulence in Iraq and upcoming Iranian navy exercises kept possible supply disruptions. U.S. crude for February delivery traded at 99.53 dollars a barrel, up 86 cents after a trading range between 98.51 and 100.05 dollars, while ICE Brent crude for February delivery settled at 107.89 dollars a barrel, up 18 cents after having traded from 107.29 to 108.50 dollars.
read more... 23/12/2011
China eyes natural gas generation to cut down air pollution
China is focusing now on a higher natural gas –fired generation capacity as an alternative to polluting coal for power generation and as its electricity demand is growing sharply, according to Bloomberg.
read more... 23/12/2011
Centrica acquires a biomass heating company Ecoenergy
The British gas company Centrica has recently acquired the Ecoenergy, a leading supplier of biomass heating solutions to the public and private sector. In 2010, Ecoenergy sold 500 projects, characterizing itself as the most accomplished biomass heating company in the UK.
read more... 22/12/2011
Daily – oil up for the third straight session
Crude oil futures ended higher for the third consecutive day on Wednesday as a fall in crude oil stockpiles in the United States previous week and potential threats to global supply helped offset worries over the euro zone.
read more... 22/12/2011