Latest news
Centrica cancels two £1.5bn gas storage plants on weak British economy
Centrica, the owner of British Gas, unveiled that it intends to shelve two huge gas projects, representing a major blow for Britain’s energy security plans.
read more... 23/09/2013
Hollande mulls a carbon tax in France
France urges the European Union members to agree a more stringent target to reduce greenhouse gas emissions and said that the EU-28 should consider implementing an EU-wide carbon tax.
read more... 23/09/2013
Azerbaijan inks major gas deals with European buyers
Azerbaijan inked yesterday major contracts to deliver European buyers with gas, offering them an alternative supply source to Russia.
read more... 20/09/2013
Daily: British wholesale gas at lowest level since March
Brent crude oil prices recorded a six-week low on Tuesday, as the major world powers met to draft a resolution that would require the destruction of Syria’s chemical weapons. Brent crude for November delivery traded $1.88 per barrel lower at $108.19, after trading as low as $107.41, the weakest settlement price since August 8. Meanwhile, U.S. crude for October delivery settled $1.17 per barrel lower at $105.42, below the 50-day moving average of $106.60, after trading as low as $105, its weakest level since September 3.
read more... 18/09/2013
Europe: Renewables share in power generation set to increase by 40% in 2020
The renewables’ contribution in Europe’s generation capacity is expected to increase to at least 40% by 2020, overtaking the capacity supplied by coal, natural gas and oil, declared the region’s grid operators group Entsoe.
read more... 17/09/2013