Latest news
Daily: British wholesale gas boost on new gas year start
Brent crude dropped below$108 a barrel on Tuesday, trading near a 7-week low on the expectations for a U.S. government shutdown that could hurt oil demand, while investors also eyed easing tensions in U.S.-Iran nuclear negotiations. Brent crude for November declined by 38 cents to $107.99 a barrel by 02:55 GMT. Meanwhile, U.S. crude settled at $101.95, down 38 cents.
read more... 02/10/2013
IKEA start selling solar panels in UK
IKEA will start selling residential solar panels in UK in the coming months in a move which aims to bring renewable energy to the mainstream market worldwide. The company’s solar panels are made by China’s Hanergy. UK does not have the largest of solar markets if compared with other European countries, but thanks to subsidies offered by the government it has grown progressively, with installations increasing by 25% year on year.
read more... 01/10/2013
The world will continue to depend on coal
According to a report released by the International Energy Agency, coal will be the most used fuel worldwide by 2030 as developing countries are powering the rapidly increasing cities and rural areas where billions of people have had no power.
read more... 01/10/2013
Daily: Coal futures plunge at the weakest level in four weeks
Brent crude oil dropped over $1 to below 108 a barrel on Monday and was headed for its first monthly fall since May, as tensions over Iran attenuated and a potential U.S. government shutdown eclipsed the outlook for demand. Brent declined 83 cents to $107.80 a barrel by 09:50 GMT, set for a 5.5-percent monthly drop. Meanwhile, U.S. crude was down $1.09 at $101.78 a barrel.
read more... 01/10/2013
Alstom and GDF Suez ally in developing a pilot wave energy project in France
The French engineering company Alstom will team up with energy firm GDF Suez in developing a pilot project the government is launching later on Monday to develop wave and tidal energy.
read more... 01/10/2013