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Daily: Brent dragged down by uncertainty over Fed’s stimulus
Brent crude traded above $100 per barrel on Thursday, after a hike of more than 2 percent in the last session, dragged down by the uncertainty if U.S. Federal Reserve would launch more stimulus measures, move that diminished investors' appetite for riskier assets.
read more... 12/07/2012
EDF: New UK nuclear power plants could boost economy
Government policy to promote a new generation of nuclear power plants could boost the UK economy by more than £ 5 billion and add more than 32,000 jobs, as well as creating new export markets if the country continues the development of nuclear, according a report commissioned by EDF Energy.
read more... 10/07/2012
IEA: Renewable power will grow by 40% in next 5 years
According to a new report released by the International Energy Association (IEA), solar, wind, hydropower and other renewable sources will boost to more than 40%, to about 6,400 TWh, and the emerging markets will become the main driver of the increase in renewable power capacity over the next five years.
read more... 09/07/2012
Energy giants call for the removal of 1.4 bln EU carbon permits
A group of the most influent energy companies have written to top EU officials prompting them to withdraw at least 1.4 billion emission permits from the bloc’s carbon-trading system (ETS) in order to strengthen the low prices of carbon allowances and the green investment.
read more... 29/06/2012
Turkey and Azerbaijan to build the TANAP gas pipeline
Turkey and Azerbaijan signed an agreement for the construction of a new pipeline, called Trans-Anatolia Gas Pipeline (TANAP), which would transport gas from Shah Deniz II fields in the Caspian Sea across Turkey and would become part of the basis of a new Southern Corridor gas route to European markets.
read more... 28/06/2012