Latest news
German nuclear phase out will cause intensified CO2 emissions
According to analyst’s points of view, the Chancellor Angela Merkel's ruling coalition decision to phase out all Germany's nuclear reactors by 2022 will contribute to bigger CO2 emissions by an estimated 40 million tones, as Germany will switch to fossil fuels.
read more... 02/06/2011
Russia and China to complete gas deal before Chinese president visit
Russia declared that it will complete a 30-year deal with China to supply 68 billion cubic meters of gas annually by June, 10th.
read more... 02/06/2011
Daily energy Overview, Wednesday, June 1, 2011
Crude oil futures increased on Tuesday on the closure of a pipeline transporting crude from Canada to US and on dollar decrease on renewed hopes for a debt bailout plan for Greece. NYMEX crude for July delivery settled at 102.70 dollars a barrel, up 2.11 dollars, while ICE Brent crude increased by 2.05 to 116.73 dollars a barrel, after a trading range between 114.50 and 116.73 dollars.
read more... 01/06/2011
Japan - 18th in the global new wind power in 2010
The last year was marked by a notable increase in the wind industry, with China leading position in the global rating with 16.5 million KW new wind capacity, according to an international trade association.
read more... 01/06/2011
Crippled Fukushima nuclear plant hit by an explosion
According to Tokyo Electric Power Co (TEPCO) declarations an oil leak and a small explosion occurred on Tuesday at the Fukushima nuclear power plant, crippled already by the earthquake and tsunami of March, 11th.
read more... 01/06/2011