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Daily: British gas prices down on an oversupplied system

Brent crude oil futures fell on Wednesday below $110 per barrel on reports that some Libyan oil exports might soon start again, while the Seaway crude oil pipeline had close, halting shipments from the U.S. Midwest to the Gulf Coast.

read more... 22/08/2013

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UK oil and gas industry received record levels of investments

Trade body Oil & Gas UK, has recently released a new report according to which investments the North Sea are the highest in the last 30 years and continues to rise. It has revealed that investments in the UK Continental Shelf projects reached little more than £11 billion last year, and this figure is likely to rise by a further £2 billion this year.

read more... 22/08/2013

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Germany: Europe’s largest solar rooftop project has been completed

Germany’s largest rooftop solar power plant was officially inaugurated in Philippsburg. The project realized by PV julist and juwi is located on the roof of Goodyear Dunlop’s European logistics center and produces annually about 7.3 million kWh of clean energy, which is enough to meet the annual energy requirements of about 1,800 households, while avoiding the emission in the atmosphere of up to 5,171 tons of CO2.

read more... 22/08/2013

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China to have its first floating terminal for LNG imports

China National Offshore Oil Corp (CNOOC) has announced it has obtained the permit to build its first floating terminal for liquefied natural gas in the northern port city of Tianjin. China, being the world biggest energy consumer, intends to increase the share of natural gas in its energy mix to 8% in the next two years, from the current 5 % in a move which aims to cut emissions from coal-fired power stations and reduce the reliance on oil imports.

read more... 22/08/2013

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Fukushima once again in the spotlight

Japan's nuclear watchdog has said today it is really worried after more than 300 tons of highly radioactive water leaked from a steel tank around the wrecked Fukushima Daiichi plant.

read more... 21/08/2013

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