23 Nov 2012

LONDON, Nov 20 (Reuters) – A return to rising world coal prices next year would underscore the European Union’s energy dependence, given global gas prices also appear on a long-term upward trend. European coal import prices have this year fallen following a shale gas boom which suppressed U.S. power prices and coal demand. But the […]

23 Nov 2012

LONDON, Nov 23 (Reuters) – British government support for low-carbon electricity generation will triple by 2020 after the energy and finance ministries reached a deal to end months of wrangling over costly reforms. Under the agreed Levy Control Framework, spending on renewable power generation will increase to 7.6 billion pounds a year in real terms […]

23 Nov 2012

LONDON, Nov 20 (Reuters) – Hydraulic fracturing (“fracking”), the technology which revolutionised the U.S. oil and gas industry, has started to make its first cautious forays overseas. FTS International, formerly known as Frac Tech, one of the leading suppliers of hydraulic fracturing equipment and services in the United States, has signed joint venture agreements to […]

20 Nov 2012

By Jonny Hogg KINSHASA, Oct 26 (Reuters) – Officials in Democratic Republic of Congo are colluding with foreign logging firms to support illegal logging, harming local communities and risking the destruction of the world’s second largest forest, a report by a campaign group says. Derelict ports in Congo’s riverside capital Kinshasa are piled high with […]