Latest news
Germany abandons coal agreement after months of wrangling
Germany has abandoned plans for a tax on coal-fired power plants but will diminish brown-coal electricity generation to maintain its 2020 carbon-reduction targets, as stated by coalition leaders on Thursday.
read more... 03/07/2015
STA: UK’s solar to supply 15% of power on 3 July
Solar could meet a record of 15% of the UK’s electricity demand on Friday, according to the Solar Trade Association (STA).
read more... 03/07/2015
Daily: Crude oil ends flat as U.S. rig count rise curbs gains
Crude oil prices settled slightly changed on Thursday as the number of drilling rigs boosted by 12 times this week, the first increase since December. The count rise pared previous gains. Brent crude increased by 6 cents to close at $62.07 a barrel, after oscillating from $61.90 to $63.20. Prices turned lower in post-settlement trading. WTI crude plunged 3 cents to settle at $56.93, fluctuating from $56.65 to $57.95. It fell 4 percent in the previous session, the highest decline since April, after unexpected stockpiles build last week.
read more... 03/07/2015
Russia’s Gazprom and Dutch Gasunie will collaborate on small-scale LNG
Russian state gas firm Gazprom and Dutch gas grid operator Gasunie have inked an accord to collaborate on the small-scale liquefied natural gas (LNG) market in Europe, as stated by Gazprom on Thursday.
read more... 03/07/2015
Daily: French prompt power prices firm on hot weather, high demand
U.S. crude prices declined 4 percent on Wednesday, recording their largest daily decrease since April after oil inventories in the United States rebounded for the first time in more than two months. WTI crude fell $2.51, or 4.2 percent, to close at $56.96 a barrel. It is biggest decline since April 8. Brent crude shed $1.58, or 2.5 percent, to settle at $62.01.
read more... 02/07/2015