Latest news
Germany envisages tax concession to improve energy efficiency and reduce emissions
Germany envisages tax concessions of 1 billion euros ($1.3 billion) in order to raise the energy efficiency of buildings and increase sales of electric cars, in a move to aid Europe's largest economy meet CO2 emissions objectives, as indicated in a policy document.
read more... 13/11/2014
Record number of UK electricity consumers switch to small suppliers
Britain's little energy suppliers registered a record number of new electricity users in October, industry data indicated, since households ready for the winter season when utility bills usually increase.
read more... 13/11/2014
Daily: British wholesale gas prices increase on reduced flows, short system
Brent crude dropped below $80 a barrel on Wednesday for the first time since 2010, dragged down by technical selling, pressure from dollar appreciation and after Saudi Arabia’s oil minister hesitated to say if the kingdom supports a production cut at OPEC's meeting on November 27. Brent crude reached a session low of $79.84, its lowest level since September 2010, before closing down $1.29 at $80.38. After settlement, Brent declined below $80 again. WTI crude hit a session low of $76.63, then closed down 76 cents at $77.18.
read more... 13/11/2014
Vestas prepared to produce blades for major wind turbine from next year
Denmark's Vestas will be set to begin producing blades next year for its biggest ever wind turbine, which is still experiencing tests, as stated by the company on Wednesday.
read more... 13/11/2014
BP to invest $240 million in two Egyptian exploration blocks
The oil giant BP Egypt, alongside its partners, is envisaging investing $240 million in two new exploration blocks, Block 3 and Block 8, in Egypt.
read more... 12/11/2014