Latest news
UK has become sunnier than ever
A new study from Carbon Brief reports that the UK has produced more energy from solar panels than from coal-fired power plants in the past six months. The country has generated 6,964 GWh of electricity from solar cells, while electricity generated from coal attained at 6,342 GWh, with solar registering a 10% increase. According to a new analysis, solar panels produced 5.2 per cent of the UK’s electricity demand in the period from April to September, while coal accounted for merely 4.7 per cent of the electricity generated.
read more... 07/10/2016
Daily: Oil price increases after third unexpected weekly U.S. crude draw
Oil prices increased around 3 percent on Wednesday following a third unexpected weekly decline in U.S. crude stockpiles which boosted the demand outlook in the world's biggest oil consumer. The prices were encouraged as well by a weak dollar after the Federal Reserve left U.S. interest rates unchanged.
read more... 22/09/2016
Daily: British gas prices tumble as gas imports recover
Crude oil evolved differently on Tuesday, with WTI recovering from six-week lows on anticipated demand for crude after Colonial Pipeline Co is likely to restart its main gasoline line by Wednesday. The American Petroleum Institute reported a 7.5-million-barrel draw in U.S. crude oil supplies on Tuesday, instead of the increase that many expected. Brent crude for November delivery lost 7 cents to settle at $45.88 a barrel after the release of the API report. U.S. WTI crude for October delivery rose 14 cents to close at $43.44.
read more... 21/09/2016
China solar panel excess destabilizes EU-China agreement
A sharp rise in solar power production in China and a sharp drop in domestic demand have caused an unexpected surge of cut-price exports, undermining a China-EU accord to reduce damage to European producers.
read more... 16/09/2016
Italy: Eni extends in Singapore to seize Asia oil and gas demand
Italy's Eni intends to enlarge its trading office in Singapore since it vends more of its increasing oil and liquefied natural gas production to Asia to satisfy the region's intensifying import necessities, as stated by company officials this week.
read more... 09/09/2016