Latest news
China to set a cap on its CO2 emissions by 2016
The world's biggest producer of carbon dioxide intends to set a cap on its greenhouse gas emissions for the first time. China is planning an absolute emissions cap for the period 2016-2020, and is also looking at emissions targets for 2030 and 2050.
read more... 18/11/2013
Ukraine: Shale gas potential to bewitch Western companies
Ukraine has inked a $10 billion shale gas production-sharing agreement with U.S. Chevron, driving the country a step closer towards an energy independence from Russia.
read more... 18/11/2013
German government agreed on a temporary ban for shale gas
Germany is probable to have important reserve deposits and is at the forefront of the shale gas disputes in Europe. Public concerns and the conclusions of studies on hydraulic fracturing, as well as stalled legislation going into the federal elections, have slowed the pace of shale gas exploration, but Germany's nuclear phase-out will create a need for energy from other sources.
read more... 15/11/2013
Daily: Brent crude boosted by Federal Reserve expectations
Brent crude oil prices boosted on Thursday, pushed up by disruption to Libyan output, while U.S. crude dropped as gasoline showed the largest gain of the day, but both markets received support from expectations that Federal Reserve would keep stimulus measures in place.
read more... 15/11/2013
Daily: British spot gas boost on short system
Brent crude recovered to about $106 per barrel on Wednesday, encouraged by speculation that the U.S. Federal Reserve may soon start to slash its monetary stimulus.
read more... 14/11/2013