Brent crude oil prices slipped below $49 a barrel and U.S. crude also declined more than $1 on Monday on pessimistic global economic outlook and as Iraqi oil production hit a record.
read more... 20/01/2015
France was the latest European country to unveil a milestone in its wind industry during 2014, as it hit over 1GW of new wind capacity, according to data from France's wind energy trade body, France Énergie Éolienne (FEE).
read more... 20/01/2015
Japan Atomic Power Company is eyeing splitting itself into two regional units, seeking to rebuild its business to focus on the decommissioning of nuclear reactors, according to the Nikkei business daily.
read more... 19/01/2015
Crude oil prices started to recover for the first week in eight after prices received a strong boost from a report by the International Energy Agency (IEA) saying that signs of weaker prices started to reduce production in some regions, including North America. WTI crude rose by 2.44$ to close at 48.69$ a barrel, while Brent futures for March delivery boosted by 1.90$ to settle at $50.17.
read more... 19/01/2015
Shale gas firm Cuadrilla Resources received permits from Britain's Environment Agency to perform exploration at a four-well site at Preston New Road, Lancashire, in northwest England, which could lead to hydraulic fracturing in the area.
read more... 19/01/2015