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Merkel supports the EU plans to lift carbon prices
German Chancellor Angela Merkel expressed its sustain for EU plans to prop up carbon prices by temporarily removing some of the surplus allowances. German support for the plan for backloading 900 million permits is crucial for the law to pass.
read more... 21/10/2013
Sofia to build a Bulgaria-Greece gas grid interconnector by 2016
Sofia intends to build a Bulgaria-Greece gas grid interconnector in the middle of 2016, according to the declarations made by a company official on Friday.
read more... 21/10/2013
The China-Myanmar gas pipeline was completed and is fully operational
China National Petroleum Corp. has announced that the China- Myanmar gas pipeline was completed on Sunday and has gone fully operational. The project, extending more than 2500 km from western Myanmar to southwest China, will help the world's second-largest economy to supply its growing energy requirements.
read more... 21/10/2013
Daily: Crude oil prices up on weaker dollar, Chinese economy growth at fastest pace
Crude oil prices settle a little higher on Friday as China unveiled that its economy increased in the third quarter at its fastest pace this year, while the U.S. dollar weakened. On Friday, Brent crude closed 83 cents higher at $109.94 a barrel, while U.S. crude oil boosted 14 cents and settled at $100.81 a barrel.
read more... 21/10/2013
The green energy sector in Italy is the one with the highest potential in Europe
The renewable energy sector in Italy is one with the highest prospective in Europe, being today a leading producer of electricity from renewable sources. The solar PV capacity has seen a great success, growing 3000% over the past three years. The wind market has also seen constant high levels of investment, with the number of installations increasing by almost 40% in 2012.
read more... 18/10/2013