Latest news
Saras Spa registers drop of earnings
Saras SpA, Italy's third major refiner, registered an accentuate drop of its basic earnings in the first quarter, as consequence of its weak refining margins and maintenance activity.
read more... 14/05/2010
Solar electricity could reach 22 percent of global power supply by 2050
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
The oil price decreases bellow $76 per barrel
On Wednesday, the oil price dropped again, this time bellow $76 per barrel, due to the worries concerning the incapacity of the emerging economies to compensate the cuts of the oil consumption during the debt crisis initiated in Europe.
read more... 12/05/2010
The oil price drops to $76 per barrel
On Tuesday, the oil price dropped to $76 per barrel, as consequence of dollar recovery and E.U. debt crisis, while China’s inflation may cause monetary tightening measures.
read more... 11/05/2010
Swedish Vattenfall cancels the sale of Germany’s Gasag
Swedish utility Vattenfall and German peer E.ON announced that they cancel the sale process of their joined participation in Gasag, the eastern German gas supplier, as consequence of its weak bid.
read more... 10/05/2010