Latest news
US authorises limited crude oil exports to Europe
The U.S. government has approved some new licenses to export crude oil to Europe for the first time after the country banned crude exports following the oil shocks of the 1970s. In December last year, Exxon Mobil Corp. joined Royal Dutch Shell and ConocoPhillips in publicly urging a repeal of the 1970s era federal law that strictly limits exports of domestic oil.
read more... 05/02/2014
Daily: European power prices firm alongside carbon prices
Brent crude oil registered at a three-month low on Tuesday, dragged down by the downturn in emerging markets, while U.S. crude settled higher, spurred by continued demand for heating fuels and the expectation of oil inventory figures to indicate a large draw from storage at the benchmark's delivery point, at Cushing, Oklahoma.
read more... 05/02/2014
Denmark: Wind energy production sets world record
Wind energy capacity is growing quickly in many countries all over the world, despite many disadvantages of using wind energy, most particularly is the intermittent accessibility of wind energy.
read more... 05/02/2014
Gazprom remains the leading natural gas provider in Turkey
Russian energy giant Gazprom is the top provider of natural gas to Turkey, after the energy-hungry Turkey imported more than half of its gas needs from the Russian company last year.
read more... 04/02/2014
Germany: solar PV installations more than halved in 2013
According to the federal solar industry association BSW, Germany’s total installed solar capacity additions plunged 55% in 2013 to 3.3GW, decreasing considerably if compared to 7.6GW in 2012, when it detained the world's top spot in new installations, bringing annual solar PV additions back in line with government expansion targets. Generally, Germany's total installed solar PV capacity has reached around 35.7 GW, having more than tripled over the past four years.
read more... 04/02/2014