Latest news
UK needs shale gas more than ever
Recent projections made by the government foresee that natural gas demand is estimated to amount to 78.8 billion cubic meters by 2030, with the country’s reliance on imported gas is set to reach 70-75% by that period.
read more... 13/08/2013
IEA: Coal demand will continue to grow in the next years to come
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 09/08/2013
Gas-fired plants face profit squeezes and opportunistic investment
Utilities across Europe have been hit by high gas prices and low power contracts, which have squeezed their profit margins.
read more... 09/08/2013
IEA: CO2 emissions from energy consumption increased in 2012 worldwide
According to a recent report released by the International Energy Agency (IEA) global CO2 emission from energy consumption increased 1.4% last year to 31.6 billion tons. The energy sector accounts for more than two-thirds of greenhouse gas emissions.
read more... 08/08/2013
Daily: Crude oil slips on Iran’s president nuclear talks
Crude oil dropped around $1 a barrel on Tuesday on Iran’s new president initiative to negotiate with West over Tehran’s controversial nuclear program and following a slide of U.S. gasoline prices dragged down by a sell-off in ethanol credits. Meanwhile, U.S. oil declined $1.26 to settle at $105.30 per barrel, hitting a session low of $104.86 a barrel. Brent crude slipped 52 cents to close at $108.18 per barrel, having fallen to a low of $107.46.
read more... 07/08/2013