Latest news
UK exports gas cheaper than it pays for imports
According to the Guardian newspaper, the UK is exporting gas at a lower price than it is importing the fuel. In the period between December 2011 and October 2012, gas was being exported to continental Europe when it would have carried a higher price in the UK, at the same time as the UK exported 15 times more gas through the gas interconnector running between the UK and Belgium than it imported.
read more... 08/02/2013
Daily: UK prompt gas drops on forecasts for warmer weather
Brent crude futures boosted on Wednesday, increasing the premium to U.S. crude, while gains were capped by data showing soaring inventories in the U.S. Meanwhile, Brent March crude boosted 21 cents, or 0.18 percent, to settle at $116.73 a barrel, having traded from $115.72 to $117.05.
read more... 07/02/2013
Ukraine could become Eastern Europe’s energy hub
The US State Department's Special Envoy and Coordinator for International Energy Affairs, Carlos Pascual, during a meeting with Ukraine’s Prime Minister Mykola Azarov, stated that Ukraine has the potential to become an energy hub of Eastern Europe.
read more... 07/02/2013
UK wind energy injects a record amount of electricity into National Grid
Wind energy generated a record amount of electricity in Great Britain, according to information released by National Grid.
read more... 07/02/2013
EWEA: Eastern Europe could power 9 million homes by the end of this decade
The European Wind Energy Association has launched a new report at Europe’s premier wind energy event held in Vienna- EWEA 2013 which studies the emerging wind power markets in Central and Eastern European countries, and other countries like Turkey, Ukraine and Russia.
read more... 06/02/2013