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Daily: UK gas prices dropped to the lowest level since October 2012 on oversupply
Oil crude prices slipped for a second straight day in choppy trade on Friday, with Brent registering its highest two-day decline since September as the U.S. dollar rallied, raising traders’ concerns over slower oil demand in China and reduced investor demand in the Unites States.
read more... 24/06/2013
UK: sixth in the world in terms of renewable energy investments
According to the last edition of PA Consulting Group’s Energy Investment Map which includes 30 countries in Europe, Asia Pacific, the Gulf, BRICS and the US aiming to offer investors an general idea of where they could have the best opportunities.
read more... 21/06/2013
UK electricity production increased 20% in 2012
In 2012, electricity generated from renewables represented 11.3%, increasing in comparison to 9.4% in 2011. Generally, renewable electricity generation increased 20%, to 41.1 TWh in 2012 from 34.4 TWh in 2011, while capacity increased 26% to 15.5 GW.
read more... 20/06/2013
UK: shale gas reserves could quadruple
The IGas Energy Group, one of the UK’s hydrocarbon producers, has announced that its license in north west England could contain over 170 trillion cubic feet (Tcf) of the unconventional gas. According to IGas technical studies the quantity of shale gas in some regions of the UK has been underestimated.
read more... 19/06/2013
Ukrainian imports of natural gas from EU increased significantly
Ukrtransgaz, the Ukrainian gas transit state monopoly, reported that Ukraine has significantly increased its imports of natural gas from EU.
read more... 18/06/2013