UK offshore wind industry is on track to double its capacity to 10 GW by 2020, according a report released by the Crown Estate at Global Offshore Wind 2014 conference. This capacity will able to cover about 10% of the country’s energy demand.
read more... 17/06/2014
China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.
read more... 12/06/2014
Britain's power network operator National Grid will initiate a tender this month soliciting large energy users to cut their power demand in periods of peak consumption next winter, according to the company on Tuesday.
read more... 11/06/2014
Brent crude reversed earlier gains to close down on Tuesday, while WTI crude oil also dropped on a stronger dollar and profit taking by traders after solid gains on Monday.
read more... 11/06/2014
Brent crude boosted on Monday, adding over $1 to trade greater than $110 a barrel for the first time since June, while WTI crude gained about $2, as upbeat figures from China and the U.S. underlined a strong economic growth and higher demand for oil from the both countries, the two largest consumers in the world.
read more... 10/06/2014