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UK decided to keep unchanged its carbon emissions target by 2027 despite strong opposition

The UK government unveiled that it will keep unchanged its goal to curb carbon emissions by 50% across 2023-2027 against 1990 levels, a target that triggered political opposition and criticized that will be hard to meet.

read more... 23/07/2014

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Obama paves the way for East Coast oil and gas exploration

The Obama administration gave the green light o Friday to the Eastern Seaboard to be reopened to offshore oil and gas exploration, a milestone decision in decades.

read more... 23/07/2014

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Daily: European coal prices increase on new wave of sanctions against Russia

Crude oil prices closed down after a nervous trading session on Tuesday as oil supplies remained untouched by continuing violence in Iraq, Ukraine and Gaza. Brent crude for September delivery dropped 35 cents to hit $107.33 a barrel, after having fluctuated between $107.20 and $108.40. U.S. oil for August delivery declined 17 cents to settle at $104.42 a barrel, down from a session high of $105.25.

read more... 23/07/2014

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Denmark: Onshore wind beats all other forms of electricity generation on cost

Onshore wind power is proved to be the cheapest form of electricity generation in Denmark, according to a new research study released by the Danish Energy Agency (DEA).

read more... 23/07/2014

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Cost of South Stream gas pipeline section in Serbia rises by 24%

The cost of planned South Stream gas pipeline section in Serbia has soared as much as 24 percent since November 2013, hitting a total amount of EUR 2.1 billion compared with the cost of EUR 1.7 billion estimated by the Russian energy minister Alexander Novak in November 2011.

read more... 22/07/2014

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