Latest news
Siemens to invest £160 million in UK wind turbine production and installation facilities
Global engineering giant Siemens has confirmed its plans to invest £160 million in wind turbine production and installation facilities in Yorkshire, England.
read more... 01/04/2014
Spain prompted to tap its oil and gas potential
Spain could be transformed into a gas exporter by 2031 while producing 20% of the oil it consumes, according to a report released by consultancy Deloitte.
read more... 01/04/2014
Daily: Crude oil futures tumble in a choppy end-quarter trading
Crude oil futures declined in a choppy trading at the end-of-quarter trading on Monday, dragged down by news that Russia withdrew some infantry battalion on the Ukrainian border and worries about the struggling U.S. labor market expressed by Federal Reserve Chair Janet Yellen.
read more... 01/04/2014
Japan to build a mega solar power facility
Japan will be home of one of the biggest solar facility of its type in the world. The plant will be built in Setouchi, a city in the western prefecture of Okayama.
read more... 01/04/2014
China: Coal consumption continues to grow
China is dealing with a big air quality problem, so recently the Government has announced that they will reduce their coal consumption share from its current 67 percent to 65 percent by 2017. The country intends to convert coal in syntethic gas, but this will result in more carbon dioxide emissions released because converting coal to make synthetic gas and then combusting the gas to make electricity will double the amount of carbon dioxide emissions released in the atmosphere.
read more... 31/03/2014