Latest news
Energy demand will increase by 25% by 2040
Global energy demand will rise by 25% by 2040, according to a new report by ExxonMobil which added China and India will account for approximately half of the projected growth during the same period.
read more... 26/01/2016
Russian gas exports to Germany through Nord Stream increase 10% in 2015
Russia increased its natural gas exports to Germany through the Nord Stream twin pipelines that traverse the Baltic Sea by 10 percent in 2015, as stated by its operator on Friday.
read more... 26/01/2016
China's solar capacity exceeds Germany in 2015, industry data
China is likely to have surpassed Germany in the fourth quarter since the country with the most solar capacity, despite missing its goal for 2015, as shown by industry data on Thursday.
read more... 25/01/2016
Daily: Crude oil rebounds as cold spell spurs fuel demand
Crude oil prices rebounded on Friday, as cold weather across in the United States and Europe spurred energy demand. Brent crude oil, which declined in recent weeks on concerns about supply glut, ended 10 percent higher and above $32 a barrel in one of the biggest daily increases ever. Brent crude boosted 10 percent to close at $32.18, well above this week's low of $27.10, while WTI crude climbed 9 percent to settle at $32.19.
read more... 25/01/2016
Iran to strike its first post-sanction oil supply deal with Greece
The National Iranian Oil Company of Iran inked a deal to supply oil to Greece’s main oil refiner, Hellenic Petroleum, following removal of sanctions.
read more... 25/01/2016