Latest news
Ukrainian Naftogaz will receive 3.7 billion dollars loan from China
Ukraine’s national energy company Naftogaz will receive a $3.7 billion loan from China to finance a program to substitute natural gas with locally produced coal for a 19 year period.
read more... 27/12/2012
Coal generates 35% of UK’s electricity
Coal still plays an important role in UK’s electricity generation, as in the third quarter of this year, coal generated about 35 % of the UK's electricity, according to Government figures, at the same time as gas provided 28 %of electricity, and nuclear 22 %, while renewable accounted just under 12%.
read more... 21/12/2012
IEA: Coal to overtake oil as leading energy source by 2017
Coal is expected to surpass oil as the world’s top fuel in the next five years, according to a report issued by the International Energy Agency (IEA), posting a threat of more greenhouse gases injection into the atmosphere than ever before.
read more... 21/12/2012
EU carbon market
Carbon trading is a market-based tool to limit greenhouse gases. The EU's emissions trading system (ETS) was launched in 2005 and is the European Commission's flagship mechanism to fight climate change.
read more... 20/12/2012
Gazprom to reduce natural gas prices for Europe in 2013
Gazprom, the leading European supplier of natural gas which supplies nearly a third of its gas, has come under increasing pressure from the supplier opponent, as well as Statoil, so that Russia would change the price of their policies in order to reflect the requirements of the buyer for cheaper gas.
read more... 19/12/2012