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Daily: Brent crude plunges at 9-month low on robust supply, low demand
Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.
read more... 06/08/2014
US- Germany strategic joint venture eyes UK solar market
California-based SPI Solar, a vertically-integrated photovoltaic solar developer, unveiled that it has entered into a joint venture agreement with Wircon GmbH, a Germany-based diversified renewable energy company, targeting initial 55 MW PV projects in the UK.
read more... 06/08/2014
Turkey says “no” to Israeli gas amid Gaza conflict
Turkey’s Minister of Energy and Natural Resources, Taner Yildiz, speaking at a press conference in Ankara on Monday said that natural gas exports from Israel’s Leviathan reservoir to Turkey will be banned as long as the Israel-Gaza conflict continues.
read more... 06/08/2014
Beijing to prohibit coal use in six districts
Chinese capital unveiled it will ban the coal use in its six main districts by the end of this decade, as Beijing is increasing efforts to fight air pollution.
read more... 05/08/2014
UK: Four solar firms to complain about early halt of subsidies
Four of the biggest solar firms in the UK have called for a judicial review of a government proposal to halt the subsidies for solar energy earlier than planned.
read more... 05/08/2014