energy

Oil prices rise to four month high

Tags

Oil

Oil prices hit $65 per barrel for the first time in four months during Monday trading. The rise has been put down to unrest in the Middle East with Saudi Arabia continuing its air strikes in Yemen, and also a slowdown in US shale production.

Experts expect oil to return to levels of $70 per barrel over the next month, which is bad news for the consumers at the pumps. This is a stark comparison to the downward trend seen over the past 6 months, although prices had levelled off throughout March.

Are companies too relaxed over ESOS?

Tags

A recent study has revealed that three out of four companies who require an ESOS audit by the 5th of December, have not yet started to audit their sites. This audit stage is a process that can take a few months to complete so although there is still seven months to the compliance date, it is not as much time as it may seem.

India to overtake China as worlds biggest coal importer

Tags

India are set to become the world biggest importer of coal by 2017 when they are expected to overtake China. This is in part due to Chinas effort to reduce pollution by cutting back on its coal usage, but is also helped by a planned 60% increase in India.

This is expected to make a an impact on coal markets with imports into the country expected to increase. With the worlds largest importer China cutting back on coal, the increased demand in India will not have too large of an effect on global demand.

Energy Reforms Enacted by the Government

The UK’s coalition government over the past five years have been supporters of the shale industry, passing the Infrastructure Act on the 12th of February which made it a lot easier for shale companies to begin drilling and contained a number of key points for the energy se

Glasgow Gets Green Light for LED's

Glasgow has been given the go ahead to convert 10,000 of its street lights to LED's thanks to the government-backed Green Investment Bank. 

The new LED Lights will use at least 50% less energy and will emit a much whiter light than the current bulbs. This will also come as a relief to people living in the countryside, as almost all of the light emitted by LED lights goes downwards, causing less light pollution. Normal street lights lose almost a third of their light upwards into the night sky.

Pages