Latest news
United States and China signed a production sharing contract on shale oil
U.S. energy company Hess Corp has signed a co-operation agreement with China National Petroleum Corporation (CNPC) to develop a shale oil block in China.
read more... 30/07/2013
UK: energy imports at their highest level in 2012
According to figures released by the government, UK’s energy imports reached record levels last year, increasing once more worries of possible blackouts in the future. The closure of old power plants, declining domestic reserves and low-emissions objectives all pose challenges to shift to low-cost sources of power.
read more... 29/07/2013
UK electricity production increased 20% in 2012
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 29/07/2013
China and EU reached an agreement on solar panels
The European Union and China have finally reached an agreement over imports of solar panels which should help reduce tensions between two of the world’s largest trading powers.
read more... 29/07/2013
Daily: Crude oil drops on concerns about Chinese demand
Crude oil prices dropped on Friday, prolonging losses amid worries over slipping Chinese demand after the world’s second-largest oil consumer ordered factories to cut production fearing about an excess of capacity. Brent futures for September delivery eased 48 cents to settle at $107.17 per barrel, after registering a 46-cent gain on Thursday. U.S. light crude for September slipped 79 cents to settle at $104.70 a barrel. The North Sea benchmark's premium to West Texas Intermediate was $2.45.
read more... 29/07/2013