Latest news

Daily: Sharply rising temperatures weighs on European spot power prices

Brent crude oil futures dropped to a nine-month low, settling near $101 a barrel on Friday after having declined as much as $3 a barrel, dragged down by a broad investor sell-off in commodities, however a global oil benchmark pared losses in afternoon New York trade.

read more... 15/04/2013

news

Sweden is looking to achieve absolute oil independence by 2020

Sweden is searching to become the first nation absolutely oil-free in the world by 2020.

read more... 15/04/2013

news

UK’s largest solar farm connected to the National Grid

Lark Energy has obtained the approval from Charnwood Borough Council in November 2012, and has built the solar farm in a record time of less than 8 weeks.

read more... 15/04/2013

news

OECD urges China to initiate reforms for greener economy

The Organization for Economic Cooperation and Development (OECD) urged Beijing to initiate reforms in financial and land systems to ensure a more sustainable and greener economy, even if China made huge efforts toward inclusive growth.

read more... 12/04/2013

news

Daily: Crude oil prices fall on IEA forecast

Crude oil prices settled down on Thursday after the International Energy Agency (IEA) slashed its forecast for energy demand growth this year for the third consecutive month. However, Brent prices dropped more sharply than U.S. crude, reducing the spread between Brent and U.S. West Texas Intermediate to a nine-month low of $10.59 at one point on Thursday, before settling at $10.76.

read more... 12/04/2013

news