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Daily: Crude oil prices settle up on stronger demand from China
Brent crude oil settled up almost 1 percent on Tuesday, buoyed by figures showing stronger-than-expected China demand and some technical price rebound after weeks of continuous selling. Brent increased by 82 cents to settle at $86.22 a barrel. U.S. West Texas Intermediate (WTI) crude boosted 10 cents, or 0.1 percent, at $82.81, after reaching a session peak at $84.05.
read more... 22/10/2014
Turkey to scrap "take or pay" principle for Azeri gas in 2015
Turkey decided to give up the “take or pay” clause for Azerbaijani gas delivery in the next 14 months, declared the Turkish Minister of Energy and Natural Resources Taner Yildiz.
read more... 22/10/2014
Wind power could hit 2,000 GW by 2030
Installed wind power could hit 2,000 GW globally by 2030 and could meet up 19% of electricity demand, according to a report performed by a trade association and Greenpeace.
read more... 22/10/2014
Scottish government gives the green light to a new wave of offshore wind projects
The Scottish government has given the green light for the development of the four offshore wind power plants, which could generate enough electricity to supply over 1.4 million of households.
read more... 21/10/2014
Wallonia: CWape unveils first half 2015 subvention amounts for Qualiwatt program
CWape, the energy regulator of Wallonia, the Francophone region of Belgium, has unveiled the amount of subventions it will give to PV installations up to 10 kW according to the region’s new residential PV program, Qualiwatt, for the first half of 2015.
read more... 21/10/2014