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EIB agrees to invest about €7bn in renewables

The European Investment Bank has authorized approximately €7billion of new loans for investment in green energy, water infrastructure and other strategic infrastructure projects at a meeting in The Hague.

read more... 24/09/2015

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Coal industry tries to find equal backing for cleaner coal vs renewables

The World Coal Association (WCA) intends to press governments to offer equal support for technology to make coal-fired power plants less polluting as they do for green energy in approaching U.N. climate meetings in Paris, as stated by its chief executive.

read more... 22/09/2015

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Dutch electricity plants employ record quantity of coal this year

Dutch electricity plants employed a record quantity of coal in the first five months of 2015, as shown by data released on Thursday, accentuating the difficulty the Netherlands will have in meeting greenhouse gas emission goals.

read more... 28/08/2015

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Ukraine suspended gas supply from Russia on failure to agree on gas prices

Ukraine's state gas transport monopoly, Ukrtransgaz unveiled it has suspended its gas purchases from Russia from July 1, after energy officials did not agree on a pricing plan for the next quarter at a meeting in Vienna.

read more... 01/07/2015

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Daily: Oil losses ground again before OPEC meeting

Crude oil prices declined almost by 3 percent for a second consecutive day on Thursday ahead of an OPEC decision to maintain the market oversupplied and on concerns that spiking European bond yields could tighten the speculative money and depress oil. The highly expected OPEC meeting on Friday isn't expected to lead to easing of a glut of global-crude supplies or take into account the prospect of growing output from Iran. OPEC is expected to hold output target of 30 million barrels per day, ignoring calls from some producers to cut supply and support prices.

read more... 05/06/2015

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