Brent crude increased on Wednesday as proposals from the European Commission to issue joint bonds recovered investors’ risk appetite on hopes for a resolution to the euro zone debt crisis. Brent crude futures rose 25 cents at $112.14 per barrel, while U.S. crude dropped 63 cents at $89.58.
read more... 14/09/2011
In the wake of disputes between Russia and Ukraine, following Russian unwillingness to reduce prices for gas, Ukraine is looking to import natural gas supplies from Turkmenistan.
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The major industrial gas users in the UK addressed to energy minister Charles Hendry, asking for more investments in UK gas storage facilities to prevent a volatile future and to ensure the integrity of supply.
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The Worldwatch report, focused on green economy, points out that China became the world largest photovoltaic solar power manufacturer in 2008, with about 700 PV companies.
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Japan would have to invest around $280 billion by 2020 after shifting away from nuclear power and switching it with wind and solar energy following the March earthquake and tsunami in Japan that sparked the worst nuclear crisis in 25 years.
read more... 14/09/2011