Latest news
Nord Stream might be expanded
The expansion of the Nord Stream pipeline infrastructure should be considered as to meet the EU’s rising demand for imports of natural gas over the next decades as well as to secure gas supplies under existing contracts.
read more... 17/05/2012
How the tariff on Chinese solar panels could influence the U.S. solar market?
The United States Department of Commerce has recently announced that it will impose tariffs of 2.9 to 4.73% on solar panels imported from China, move which will offset alleged subsidies that Chinese manufacturers receive.
read more... 24/04/2012
UK renewable sector could reach £50bn by 2020
According to a recently released report by the Renewable Energy Association (REA) shows that achieving the UK’s green target of generating 15% of its energy from renewable sources could lead the country on the top of global renewable industries and save £60bn in oil and gas imports and bring £12.5bn and£ 50bn by the end of the decade.
read more... 24/04/2012
EU and Japan cut Iranian oil imports in April
European buyers of Iranian oil are making significant cuts in supply months in advance of European Union sanctions on Iran crude effective from July, trimming their April imports by 75,000 barrels per day (bpd).
read more... 20/04/2012
Daily – U.S. crude ends at 8-week low on China data
Crude oil futures decreased on Tuesday for the second day in line as data indicated a drop in Chinese imports of major commodities in March and raised concerns over oil demand. WTi crude oil futures for May delivery traded at 101.02 dollars a barrel, down 1.44 dollars, and settling the lowest settlement since February 14, while ICE Brent crude for May delivery valued 119.88 dollars, down 2.79 dollars, the lowest settlement since February 17. The contract traded between 119.67 and 122.67 dollars.
read more... 11/04/2012