Latest news
Natural gas – the fuel of the future?
Natural gas is believed to be one of the most important energy sources for the future. The great quantity of natural gas together with its environmental reliability and numerous appliances across all sectors signifies that natural gas will keep playing an ever more important role in meeting demand in energy. Global demand for natural gas is projected to increase significantly as more states adopt environmentally cleaner fuels to meet future economic growth.
read more... 26/07/2013
Russia increase its oil deliveries to China
In a move which aims to reduce oil exports to European market, Russia has recently announced that it intends to increase oil flows to Asia, making Beijing its top customer, which now imports a fifth of oil exports from the major crude oil producer in the world.
read more... 24/07/2013
China to introduce harsh tariffs on US and South Korean polysilicon imports
The Chinese government announced last week that is planning to introduce provisional anti-dumping tariffs against solar–grade polysilicon imports from the United States and South Korea.
read more... 22/07/2013
Daily: UK gas prices increase on lack of Dutch imports
Brent crude traded around three-month high on Thursday, backed by the expectations that the Federal Reserve will keep its stimulus programme to support the U.S. economy, while a considerable decline in crude stocks pushed U.S. oil to near 16-month peaks.
read more... 12/07/2013
Germany's dependence on coal to continue for a long time
Germany intends to reduce reliance on imported oil and has started the phase-out of aging nuclear power stations, meanwhile the German government has adopted a target of achieving 20% of the country's energy share from renewable sources by 2020.
read more... 11/07/2013