Latest news
UK accepts investments from gas and oil firms
The UK government has announced a series of investments by oil and gas companies that will develop a new research centre and will create thousands of jobs all over the UK. Six separate announcements include plans for new oil and gas fields in the North Sea in a £1.4 billion project which is supposed to supply around 5% of the UK's gas production from 2015. Each announcement represents a different project that is to be built.
read more... 10/08/2012
Daily: Brent at a 7-week high on Middle East tensions
Brent crude climbed above $106 on Thursday, reaching a 7-week high, pushed up by the Middle East tensions, while the Fed chief comments helped to curb the risk of a double-dip recession in the USA, improving sentiment of oil demand recovery.
read more... 19/07/2012
Daily: Nordic power spot prices decline on high wind capacity
Brent crude oil climbed above $98 a barrel on Wednesday, recovering a little bit from the previous session’ losses, ahead the publication of U.S. inventory data that are expected to show crude oil stocks declining for a third week in the USA. However, the gain was limited by another round of cuts by the EIA to its world oil demand growth forecast for 2012 and 2013.
read more... 11/07/2012
UK Government loses solar subsidies court appeal
The UK government lost its appeal on Wednesday against a court's ruling that its cuts to solar power subsidies were illegal, suggesting thousands of homes and businesses will now be able to claim the higher payments.
read more... 27/01/2012
Tule Wind Power Project approved
The US Department of the Interior gave approval to the construction of a 186 MW Tule Wind Power Project owned by Iberdrola Renewables. The project is the first one approved for public lands among the other five wind projects agreed on by Secretary Ken Salazar and then by the governor Arnold Schwarzenegger in 2009. The wind project will be built in the In-Ko-Pah Mountains of San Diego County, California (USA).
read more... 23/12/2011