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Milestone climate talks between China and U.S

U.S. and China, the two most polluting countries in the world, started a new phase of talks on reducing their carbon dioxide emissions, in a move called as “the most promising development in nearly 20 years of climate change negotiations”.

read more... 30/04/2014

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Daily: Crude oil prices get support from geopolitical concerns

Crude oil prices increased on Tuesday as tensions increased in eastern Ukraine and obtaining further support from a sudden violence in Libya, raising questions when oil flows will restart. Brent crude futures for June delivery closed at $108.98 per barrel, increasing 86 cents, or 0.8 percent, after having hovered much of the day above $109 per barrel. Meanwhile, U.S. crude for June delivery gained 44 cents to settle at $101.28 per barrel, up 0.44 percent.

read more... 30/04/2014

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Romanian PM: No shale gas production in the next 5 years

Despite the fact that Romanian shale gas sector is its early stages, with the American oil giant Chevron having started the exploration of shale gas, Romanian Prime Minster Victor Ponta declared on Thursday that Romania will not exploit shale gas at least in the next five years.

read more... 30/04/2014

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Czech Cabinet approves deal for NWR coal mine to remain open

The Czech government has approved an accord consenting New World Resources to keep on running its unprofitable Paskov hard coal mine to end-2017, which would maintain 1,800 jobs, according to Industry Minister Jan Mladek.

read more... 29/04/2014

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France: hydropower sector to be opened to competition

France has settled to bring in its hydropower sector to competition after years of postponements and against the desires of many Socialist deputies, as stated by former energy minister Delphine Batho on Monday.

read more... 29/04/2014

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