Latest news
Daily: WTI crude rallies at four-month high on robust winter demand
Brent crude traded above $110 a barrel on Wednesday, destabilized by internal conflict in South Sudan and oil supply disruption in Libya, while protests in Venezuela raised concerns. Meanwhile, U.S. light crude hit its highest level in four months as stockpiles are expected to decline on winter demand and new pipeline capacity.
read more... 20/02/2014
Daily: European coal prices fall on warm weather outlook
Brent crude oil futures increased on Tuesday, touching the highest level in 2014, since oil supply continued to fall in Libya and South Soudan rebels attacked a key oil town, and because of the protests in Venezuela which destabilized the situation. Meanwhile, U.S. crude oil futures boosted by more than $2 a barrel on Tuesday to attain a fresh four-month high on higher heating oil prices, encouraged by stronger demand amid cold weather.
read more... 19/02/2014
Greek heavy industry on verge of collapse
The Greek heavy industry is experiencing a collapse period as Halyvourgiki and Hellenic Halyvourgia, two of Greece's biggest steelmakers are likely to lose the fight for survival.
read more... 19/02/2014
Germany obtained the green light to issue free carbon permits for 2013
Germany, the strongest economy and biggest emitter of greenhouse gases in Europe, received on Wednesday the green light from the European Commission to begin the issuance of permits to industrial companies in the country, as part of the European Union's efforts to aid heavy industry compete with rivals in countries with less stringent environmental regulations.
read more... 18/02/2014
USA: World’s largest solar plant is now fully operational
The Ivanpah Solar Electric Generating System, the world's largest concentrated solar power plant has become fully operational last week. Ivanpah employs concentrated solar power (CSP), which uses hundreds of thousands of mirrors to reflect the sun toward a tower. This heats a boiler in the tower, which creates steam to drive turbines and make electricity.
read more... 17/02/2014