Latest news
SMA Solar records 7th straight quarterly operating loss on weak demand in Europe, low costs in China
SMA Solar, the biggest solar group by sales in Germany, recorded its seventh straight quarterly operating loss, suffering a major blow from sluggish demand in Europe and low-cost rivals in China.
read more... 07/08/2014
Bulgaria boosts electricity prices, reduces natural gas
Bulgaria raised electricity prices by an average of 2 percent having as objective to control politically sensitive costs in spite of massive deficits in the Balkan country's energy sector.
read more... 07/08/2014
China revises down its shale gas output estimates by 2020
China has slashed in half the quantity of shale gas it forecasted to produce by 2020, as the exploration to tap the unconventional fuel proved challenging, according to China's National Energy Administration.
read more... 07/08/2014
Daily: UK gas prices increase on concerns about conflict intensification in Ukraine
Crude oil prices declined on Wednesday on ample supplies in the United States which dragged the U.S. contract to the lowest settlement in six months, while Brent prices plunged near nine-month lows. U.S. crude for September delivery dropped 46 cents to close at $96.92 a barrel, its weakest close since February 3. Brent crude oil fell by 2 cents settle at $104.59 a barrel, its lowest close since November 7.
read more... 07/08/2014
Scotland: Shale gas reserves may supply 30 years of UK gas
Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.
read more... 06/08/2014