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Daily: Brent crude rallies to nine-month high on Iraq supply disruption concerns
Brent crude oil rocketed to a nine-month high on Wednesday supported by concerns about potential supply disruptions due to turmoil in Iraq, while U.S. crude dropped after data from the U.S. Energy Information Administration (EIA) showed domestic crude stockpiles declined much less than the industry group American Petroleum Institute (API) had reported.
read more... 19/06/2014
UK offshore wind industry to hit 10 GW by the end of this decade
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
Number of fracking patents globally reached record high in 2013
The number of patents put in place for new shale extraction technology hit a record high in 2013 since oil and gas firms fought for managing intellectual property in the emergent industry, as shown in a research on Tuesday.
read more... 27/05/2014
Global renewable energy jobs increased 14% to 6.5 million in 2013
The number of jobs in the renewable energy industry has registers an increase of about 800,000 last year, attaining a global total to 6.5 million, according to the International Renewable Energy Agency (IRENA).
read more... 13/05/2014
Daily: British gas prices drop amid low demand, LNG ample imports
U.S. crude oil futures ended nearly unchanged on Tuesday, but rebounded after the settlement trade closure after the industry group the American Petroleum Institute unveiled that crude inventories fell the previous week, challenging analysts’ expectations for an increase. Meanwhile, Brent crude prices declined on Tuesday dragged down by the restart in Libyan supply.
read more... 07/05/2014