Latest news
Daily: European power drops on higher wind power forecasts
Crude oil prices traded higher on Monday, supported by gains in gasoline futures and strong selling of the spread between Brent and U.S. crude at $11.30 a barrel.
read more... 09/04/2013
Bulgaria to slash electricity production amid weak demand and exports
Bulgarian electricity grid operator ESO ordered producers on April 4 to reduce power generation capacity as a measure to prevent the crippled system from overheating amid sharply dropping consumption and exports and to keep a balance between production and demand.
read more... 09/04/2013
Cantabria to be the first region in Spain to ban hydraulic fracturing
Lawmakers in Spain’s northern Cantabria region, rich in shale gas, are expected to draft the first regional ban on producing natural gas using hydraulic fracturing following environmental groups concerns that the technique will pollute drinking water.
read more... 09/04/2013
China on the track to become Russia’s biggest oil buyer in 2018
China is on the way to become Russia’s largest oil buyer within five years, after the Russian oil giant Rosneft decided to more than double the shipments in exchange for loans.
read more... 09/04/2013
France Geothermal Fracking Energy Polemics
France is pushing ahead with plans to exploit geothermal energy trapped in rocks deep in the earth using hydraulic drilling methods, a technique which was forbidden in 2011.
read more... 08/04/2013