Latest news
New EU package adopted on the sustainability criteria of biofuels
The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.
read more... 11/06/2010
Mild weather reducing US Henry Hub spot prices
Gas prices are falling down on U.S. gas market, after having registered gains in 5 consecutive sessions. The drop of the spot prices is influenced by gas futures, after expectations of warm weather in US gas consuming regions.
read more... 11/06/2010
ARMZ of Russia might become the third uranium producer
ARMZ, the state-controlled miner in Russia, the country with 1/10 of the world’s uranium reserves, intends to expand outside the country, aiming to become one of the third major producers in the world. It signed a transaction on Tuesday of acquiring the majority of shares in proportion of 51% in Uranium One, Canada.
read more... 11/06/2010
Energy bill in France increased in March
The total energy bill for March in France was 18.6% more comparing to the same month last year.
read more... 10/06/2010
TOTAL chosen to build solar plant near Abu Dhabi
A consortium among the group Masdar from the United Arab Emirates (60%), French Total (20%) and Spanish Abengoa (20%) was established to build the largest solar plant in the world, located south-west of Abu Dhabi.
read more... 10/06/2010