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Daily: Crude oil futures settled down on weak data from China, U.S.
Crude oil futures dropped over 2 percent to end below $100 a barrel on Wednesday on pessimistic data from China which increased fears about world demand outlook and on a record level increase in U.S. crude oil inventories.
read more... 02/05/2013
European top energy companies to launch North Sea Power to Gas Platform
A European consortium composed from eleven top companies have established the North Sea Power to Gas Platform, to jointly develop the concept of Power-to-Gas (P2G) – the conversion of renewable electrical power into a gaseous energy carrier like hydrogen or methane.
read more... 02/05/2013
Gazprom earnings for 2012 down 10%
Russian energy giant Gazprom, the world’s biggest natural gas producer, reported a 10% drop in its earnings amid lower gas sales. Profits for 2012 amounted to 38.17 billion dollars, compared to 42.2 billion dollars in 2011.
read more... 30/04/2013
Eurostat: Europe on track to achieve 2020 renewable energy target
The EU member nations are on track to achieve their 2020 renewable energy target, according to the most recent statistics released by Eurostat.
read more... 30/04/2013
EU launches another fair-trade probe into Chinese solar glass imports
EU announced the latest of a sequence of probes into Chinese solar imports. China is accused of selling solar panel components to European clients at prices below its fair market price, causing material damage to the EU solar glass industry , the European Commission said.
read more... 30/04/2013