Latest news
Global Carbon Emissions set to reach new record high in 2013
According to new figures from the Global Carbon Project, global emissions of carbon dioxide from burning fossil fuels are set to rise again in 2013 reaching a record high of more than 36 billion tones. An increase of about 2.1% expected for the current year, would mean that global emissions from burning fossil fuel would be 61% above 1990 levels.
read more... 30/12/2013
Poland: coal demand could be reduced by 50% by 2030
Poland is one of the fastest-growing economies in the European Union and the power that drives it comes from the dirtiest of fossil fuels- coal. But, according to a new study made by researchers in Germany and Poland, renewable energy groups and environmental group Greenpeace, Poland could reduce by almost 50% its demand for coal by 2030 shifting to wind, solar, hydro, biomass and geothermal energies.
read more... 27/12/2013
PGNiG and Chevron to explore for shale gas reserves in the southeast of Poland
Poland’s oil and gas company PGNiG, signed a letter of intent with American fuel giant Chevron, on the terms of a possible cooperation on shale gas exploration projects, which would bring together four licences in southeastern Poland.
read more... 17/12/2013
Natural Gas to become world’s second main fuel
According to a new research made by ExxonMobil, the world’s largest oil and gas firm, in about eleven years gas will be the world’s second main fuel on an energy-equivalent basis, only behind oil. Natural gas will surpass coal as a global energy source in part because of the green benefits it offers.
read more... 13/12/2013
Daily: British gas prices increased due to reduced supplies from Norway
Brent crude stay above $109 a barrel on Tuesday ahead of economic data from China, which may confirm signs of stabilizing growth and fuel demand in the world's second largest oil consumer. Brent crude for January increased 14 cents to $109.53 per barrel by 03:15 GMT, while the U.S. crude futures for January delivery increased 18 cents to $97.52 per barrel. Brent's premium to WTI lessened about $7 in almost two weeks as TransCanada Corp has begun filling a 700,000 barrel-per-day pipeline, which will transport crude oil from Cushing to Gulf Coast refiners.
read more... 11/12/2013