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European Commission agreed to extend the Chinese solar PV duties

The European Commission agreed to requests from local solar panel manufacturers to extend curbs on Chinese imports by a year. The restrictions set a minimum sale price and cap the number of Chinese-made solar panels exported in the European Union.

read more... 07/12/2015

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Daily: Crude oil prices decline as OPEC decided to maintain production at record highs

Crude oil prices declined on Friday following the news that the OPEC was planning to keep its production near record highs despite a collapse in oil prices, intensifying worries about an oversupplied market. Brent crude oil futures shed 84 cents, or nearly 2 percent, to close at $43, after a rebound in early trade. The benchmark contract was within cents of Augusts’ 6-1/2-year trough. U.S. crude futures slipped $1.11, or nearly 2 percent, to settle at $39.97.

read more... 07/12/2015

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Google purchases 842 MW green energy

Tech giant Google has acquired 842MW of global green energy to power its data centers.

read more... 07/12/2015

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China to build a milestone wind power project

China has begun the construction of a major wind power project, which will be the country’s largest one, located on an island off Fujian Province.

read more... 04/12/2015

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Eni and Anadarko cooperate on Mozambique gas projects

Italy's Eni and Anadarko Petroleum decided to begin development of neighboring Mozambique offshore gas fields since the East African country struggles to turn into a major global supplier of liquefied natural gas (LNG).

read more... 04/12/2015

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