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China highlights its progress in carbon emissions reduction
In a climate report released on November 22, China illustrated comprehensively its strategy concerning the promotion of low-carbon development and is calling on the developed countries to assume the responsibility of considerably reducing the carbon emissions.
read more... 23/11/2011
LDK Solar registers third-quarter loss
LDK, a Chinese solar panels manufacturer, released its third-quarter financial results, which indicated a higher-than-expected revenue loss because of lower costs for solar energy equipment, factor that weighed substantially on company’s revenue.
read more... 23/11/2011
Shale gas – a possible game changer in the global energy mix
In the United States, hydraulic fracturing, a recently developed method of shale gas procurement, has the potential to flip the country from a net importer of natural gas to a net exporter. Shale gas now accounts for one quarter of all U.S. gas production, and the Energy Information Administration (EIA) forecasts that this proportion will double by 2035.
read more... 23/11/2011
Daily – oil prices recovered after several days of losses
NYMEX and Brent crude oil futures recovered on Tuesday after several days of losses as new sanctions against Iran increased worries over regional instability that could disrupt oil supplies evoking concerns about global economic growth.
read more... 23/11/2011
Bulgaria pledges for common European legislation for shale gas
Bulgaria initiated the adoption of a common legislation for exploration and production of shale gas in the EU at a forum on non-conventional gas extraction which took place on November 11 in Sofia, organized by the Bulgarian Industrial Association.
read more... 22/11/2011