The Department of Energy and Climate Change has released new figures according to which a total capacity of 1.3 GW of solar installations was installed nationally at the end of September 2012. The severe cuts in feed-in tariffs for solar power in the UK reduced installations by almost 60 % in April, leaving the government far behind from its goal of 22 GW of PV by 2020.
read more... 26/10/2012
The UK Department of Energy and Climate Change (DECC) has offered 167 new oil and gas licenses to companies under the 27 Licensing Round, following a record level of interest by oil companies.
read more... 26/10/2012
Brent crude prices declined for a seventh straight session and U.S crude futures declined for a fifth straight day on Wednesday in choppy trading on rising U.S. crude inventories and pessimistic euro zone data which offset encouraging signs that Chinese petroleum demand could stage a recovery.
read more... 25/10/2012
China is seeking to steadily resume construction of new nuclear power plants, approving a small number of nuclear power projects by 2015. The government froze new nuclear power projects and ordered a national scrutiny of existing plants after Japan's Fukushima disaster.
read more... 25/10/2012
Brent and U.S. Crude futures continued to decline on Tuesday in post-settlement trading on the American Petroleum Institute declarations that U.S. crude and gasoline stocks posted a gain last week, though less than analysts expected, while distillate stocks dropped along the expectations.
read more... 24/10/2012