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IEA: China is close to a “Golden Age” of natural gas

China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.

read more... 12/06/2014

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British government investment system employed for Islamic solar project

A British government investment scheme might turn into a platform for Islamic financial investments in the country, according to a firm which is employing the scheme to set up a small solar power plant.

read more... 12/06/2014

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Latvia: E.ON desires 220 million euros for stake in utility

Germany's E.ON desires to obtain for its 47.2 percent stake in gas utility Latvijas Gaze about 220 million euros ($300 million), which is considered too much, according to the country's prime minister on Wednesday.

read more... 12/06/2014

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Daily: French electricity prices increase on stronger electricity consumption expectations

Brent crude oil futures increased toward $110 a barrel on Wednesday as tensions in Iraq intensified concerns about the supply perspective, while WTI crude registered a slight boost since a weekly government report indicated a decline in crude oil and gasoline inventories.

read more... 12/06/2014

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UK Grid to pay energy consumers to reduce winter power demand

Britain's power network operator National Grid will initiate a tender this month soliciting large energy users to cut their power demand in periods of peak consumption next winter, according to the company on Tuesday.

read more... 11/06/2014

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