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UK might produce shale gas within 4 years in urgent situation
The production of shale gas in UK might start in four years if the existing crisis in Ukraine expands so much that a state on national emergency is pronounced, as stated by the chief executive of Cuadrilla Resources.
read more... 03/04/2014
Daily: Brent crude oil drops by about $1 on Libyan ports reopening
Brent crude oil dropped by about $1 to its weakest level in almost five months on Wednesday, dragging down U.S. crude with it, as Libyan government declared that they could reach to a deal with rebels to reopen the ports after months of closures. Brent crude oil closed 83 cents lower at $104.79 a barrel after declining to $103.95, its lowest point since November 8.
read more... 03/04/2014
German research criticize increasing CO2 emissions from coal plants
In 2013, the 30 largest power stations in Germany increased their emissions of carbon dioxide by 4.6% attaining 239 million tonnes, as stated on Wednesday in an analysis made by the Oeko-Institut research institute, criticizing low European carbon prices.
read more... 03/04/2014
Russia’s Rosneft in partnership with US Exxon to start output at LNG plant
Russia’s Rosneft, announced its collaboration with U.S. ExxonMobil in view to initiate production at its first liquefied natural (LNG) plant in 2018-2019, regardless of East-West conflicts over Ukraine.
read more... 02/04/2014
Global solar market to be boosted by China and Japan in 2014
This year, China will surpass Europe due to its major solar market, expanded by a local requirement to develop green energy sources that will increase global demand, according to a research report.
read more... 02/04/2014