Energy Sector

Oil price pose risks for world economy, says Japanese minister

Tokyo - Record high oil prices have reached "abnormal levels", according to Japan's Economics Minister Saturday.

Italy says EU should revise its biofuels targets

Bio Fuel LogoLuxembourg  - Italy on Friday called on the European Commission to revise its biofue

Germany trims solar subsidies, boosts wind and tele-heating

Berlin  - Germany's parliament passed Friday legislation that trims cross-subsidies for the booming solar-power industry while boosting other methods of cutting carbon emissions when generating ele

Strikes over fuel price rise disrupt life across India

New Delhi  - Life in India's eastern state of West Bengal and southern Andhra Pradesh was disrupted Friday after opposition parties called a daylong shutdown to protest a hike in fuel prices, offic

Small rise of OPEC crude price

Vienna  - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) rose only slightly on Thursday, OPEC announced Friday.

Halving CO2 emissions by 2050 would cost 45 trillion dollars - IEA

Tokyo  - Halving greenhouse gas emissions by 2050 would cost 45 trillion dollars in addition, the International Energy Agency (IEA) said Friday.

Pages