Latest news
U.S. hits China with higher solar PV anti-dumping tariffs
U.S. will impose even higher tariffs on imported solar panels from China, as unveiled yesterday by the U.S. Department of Commerce. The US decision follows the requests of the US solar industry and will provide effective restraints against Chinese illegal dumping and export subsidies.
read more... 18/12/2014
German TSOs to develop Ultranet power line
Western and southern German TSOs Amprion and TransnetBW on Wednesday submitted a bid to develop a north-south power transmission line that is a key part of the country's effort to shift from nuclear and thermal energy.
read more... 18/12/2014
Daily: Crude oil recovers on decrease in crude inventories in the United States
Global oil prices surged by as much as 6 percent on Wednesday after weekly oil figures showed a decrease in crude inventories at Cushing, taking traders and analysts by surprise. Brent crude for February delivery increased by $1.17, or 2 percent, to settle at $61.18 a barrel. It jumped by as much as $3.39, or 5.6 percent, during the session. U.S. crude's front-month contract rose by 54 cents, or 1 percent, at $56.47 after mounting earlier to $58.98. Further after the settlement, the market pared gains, plunging into negative territory.
read more... 18/12/2014
Egypt inks its first shale gas deal with Apache, Shell
Egypt has inked its first deal to extract shale gas using fracking technique with Apache and Shell Egypt, announced the Ministry of Oil.
read more... 18/12/2014
Dutch grid company Tennet to support Norway-Germany electricity cable
Dutch stakeholder TenneT declared on Tuesday it had its government's permission to take part in an undersea cable project to connect Norway's hydroelectricity production to the German grid.
read more... 17/12/2014