Latest news
Cantabria to be the first region in Spain to ban hydraulic fracturing
Lawmakers in Spain’s northern Cantabria region, rich in shale gas, are expected to draft the first regional ban on producing natural gas using hydraulic fracturing following environmental groups concerns that the technique will pollute drinking water.
read more... 09/04/2013
Daily: Crude oil prices down on U.S jobless claim
Brent crude oil prices hit a five-month low, touching near $105 a barrel on Thursday following a U.S. jobless claim, prompting a second day of widespread selling in oil markets. Brent crude settled down 77 cents at $106.34 a barrel, while U.S. crude oil futures settled at $93.26, down $1.19 but also more than a dollar above the day's low. U.S. gasoline futures settled down almost 2 cents at $2.90 a gallon.
read more... 05/04/2013
Europe: Renewables share in power generation set to increase by 40% in 2020
The renewables’ contribution in Europe’s generation capacity is expected to increase to at least 40% by 2020, overtaking the capacity supplied by coal, natural gas and oil, declared the region’s grid operators group Entsoe.
read more... 05/04/2013
Gazprom to reconsider Yamal-Europe 2 pipeline project
Russian President Vladimir Putin has ordered energy gain Gazprom to return working on a plan to build a second branch for natural gas pipeline from the Yamal region to Europe.
read more... 05/04/2013
Daily: UK gas prices increase slightly on lower temperatures, low storages
Brent crude shed toward $110 a barrel on Wednesday, declining for a second straight day as increasing oil inventories in the United States and recent pessimistic data fuelled worries about demand from the world's top consumer. U.S. crude oil prices were under pressure on worries about a prolonged pipeline outage in the Midwest.
read more... 04/04/2013