The French lower house of parliament adopted on Wednesday a ban on the controversial technique for extracting shale gas, following the concerns about ground water contamination.
read more... 12/05/2011
The Bulgarian Energy Ministry stated on Tuesday that his country is analyzing the possibility of signing a short-term natural gas contract with Russian energy giant Gazprom.
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Iberdrola Renewables, with headquarter in Portland, Ore, USA, plans to double its wind power capacity by extending an existing power purchase contract (PPC) with South Texas Electric Cooperative (STEC), an American wholesale electricity provider.
read more... 11/05/2011
U.S. and Brent crude futures recovered for a second consecutive day on Tuesday after a sharp drop in the previous week supported by a surge in gasoline futures and strong trade data from China. U.S. crude for delivery in June was traded at 103.88 dollars a barrel, up 1.3 percent, after a trading range between 100.12 and 103.95 dollars. ICE Brent for June delivery valued 117.63 dollars a barrel, up 1.49 percent, after a trading range from 113.58 to 117.95 dollars.
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British Gas, the company which supplies gas and electricity to UK residential and business customers, has recently launched a new online energy tariff, called OnlineSaver 4, which guarantees a 4% discount compared to their standard tariff, until 31st October 2012.
read more... 11/05/2011