Latest news
Would the fall in UK gas prices boost gas-fired power generation ?
The NBP UK season-ahead (winter) gas price has dropped over 5% since the end of March, and the contract failed to find support at key technical markets on its way to its current value. Rising supply confidence and bulging inventories have reassured traders that there will be enough gas to meet demand later in the year, leading to a downward price correction after a period of sharp gains.
read more... 17/04/2012
Daily –crude ends up as dollar weakens
U.S. and Brent crude oil futures went up on Thursday as a weak dollar spurred buying of riskier assets and optimism for more stimulus from the U.S. central bank and on prospects that China will announce upbeat economic increase data on Friday.
read more... 13/04/2012
Greece could become Europe’s solar energy hub
Greece, the European country which has been the worst hit by the euro zone crisis, is planning to struggle against its debt deficit by diversifying one of its most valuable assets - solar energy.
read more... 10/04/2012
South African Tourism Minister urges EU to suspend ETS scheme for 2 years
During a speech at the Air Transport Action Group (ATAG) in Geneva, South African Tourism Minister Marthinus van Schalkwyk has urged the European Union to suspend the inclusion of aviation in the European Union Emissions Trading Scheme (EU ETS) for two years, in order to provide the industry with time to come to a multilateral global negotiation under International Civil Aviation Organization (ICAO).
read more... 29/03/2012
Daily – oil futures hold steady after Bernanke comments
U.S. and ICE Brent crude oil futures held steady on Tuesday as comments from the U.S. Federal Reserve showing easy monetary policy would stay in place for some time boosted investor’s appetite for riskier assets.
read more... 27/03/2012