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Daily Energy Market Overview, Thursday 30, 2010
Oil prices dropped under $91 on Thursday after the U.S. Labor Department data indicated a recovery of the national labor market as jobless claims hit their lowest in 29 months, and ahead of the latest weekly U.S. oil inventory data to be released, likely to indicate a fall of crude inventories for the fourth week in a row.
read more... 30/12/2010
Solar energy subsidies to raise in China
The main energy user in the world, China, lifted solar subsidies in 2010 as to encourage the expansion of its domestic solar market, according to the director of the energy and transport division of the high-tech department in China’s Ministry of Science and Technology, Zheng Fangneng.
read more... 20/12/2010
Reforms on UK electricity market
UK Government together with the Treasure and the Department of Energy and Climate Change (DECC) launched consultations in order to transform the electricity market in the UK. The reform provides to increase the level of certainty for the investors, create fair conditions of competition, reduce the carbon emissions and protect household bills.
read more... 20/12/2010
Shell adds new chief scientists to its thought-leadership group.
Shell appointed today three chief scientists to cover the critical industry departments of exploration, unconventional oil, and in-well technology. This appointment has the role to consolidate Shell’s existing group of six top scientific experts.
read more... 15/12/2010