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UK wind power hits a new record in August

This past Sunday night, at about 10 pm local time, the UK’s wind energy industry set a fresh hourly output record, delivering an average of 5 GW of power over the hour and covering 17 per cent of national demand, according to trade association RenewableUK.

read more... 13/08/2014

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IEA slashes oil demand forecast for 2014-2015

Worldwide demand for oil was expected to escalate by 1.3 million barrels per day in 2015, a 30 percent increase as the economy improves in 2015, the Paris-based IEA said.

read more... 13/08/2014

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Daily: British prompt gas prices climb despite weak demand, supply glut

British natural gas prices for delivery next winter increased by 2 percent Thursday morning, spurred by fears that intensifying tension between Russia and Europe could trigger gas supply disruption later in the year.

read more... 08/08/2014

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SMA Solar records 7th straight quarterly operating loss on weak demand in Europe, low costs in China

SMA Solar, the biggest solar group by sales in Germany, recorded its seventh straight quarterly operating loss, suffering a major blow from sluggish demand in Europe and low-cost rivals in China.

read more... 07/08/2014

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Daily: Brent crude plunges at 9-month low on robust supply, low demand

Crude oil prices declined on Tuesday, with Brent plunging to a nine-month low as robust supplies in Europe and North America offset fears that violence in the Middle East and North Africa could cut production. Brent crude dipped 80 cents to close at $104.61, the weakest settlement since November 2013, while U.S. crude declined 91 cents to settle at $97.38, the lowest settlement since early February.

read more... 06/08/2014

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