Latest news
Google to invest $280 million in a new project financing fund
Recently, Google agreed to invest $280 million into the biggest clean-energy project financing fund for SolarCity Inc., a company which invests in the installation of new solar systems, said Google’ search engine director of green business operations.
read more... 16/06/2011
Italy to see a sharp rise in its energy bills
According to the head of the oil industry body statements, the Italian energy bills are likely to increase by 16.7 percent in 2011, following soaring oil prices on volatile markets.
read more... 16/06/2011
China to suspend new nuclear power projects
China will put its nuclear power plans on hold, following months of debates after the Japanese nuclear disaster at the Fukushima power plant in March which reversed the whole world against nuclear energy.
read more... 16/06/2011
UK pledges for CO2 tax cut for industry
John Cridland, the head of Britain's largest business lobby, CBI has called on Tuesday for carbon tax exemptions for British oil and gas intensive businesses to encourage their ability to compete with companies overseas.
read more... 15/06/2011
Daily energy Overview, Wednesday, June 15, 2011
Crude oil futures increased on Tuesday supported by U.S. and Chinese economic data that diminished some worries about oil demand. ICE Brent crude for July delivery traded at 120.16 dollars a barrel, up 1.06 dollars, after a trading range from 118.56 to 120.75 dollars and registering the utmost level since May 4, when Brent crude closed the session at 121.19 dollars.
read more... 15/06/2011