International Energy Agency News
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Germany should cut value-added tax levied on energy consumption to help cut household bills as the nation transitions to wind and solar generation from fossil fuels and nuclear, according to BayWa AG.
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Chancellor Angela Merkel’s government should take steps to contain the cost of the German energy switch from nuclear power to renewables, the International Energy Agency said.
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InsideClimateNews.org -- U.S. oil production is suddenly growing so fast that some analysts are questioning how much the country really needs the Canadian tar sands oil that would move through the proposed Keystone XL pipeline.
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European Union leaders urged faster integration of the bloc’s power and natural-gas markets to lower energy prices as the U.S. shale-gas revolution widens the EU’s cost gap with its largest trading partner.
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Oil-tanker owners will struggle to retain crews and maintain ships after losing the most money in four decades, according to the industry’s biggest trade group.
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China’s growing fleet of sport utility vehicles will offset gains in fuel efficiency and continue to drive oil-demand growth, according to Sanford C. Bernstein Research.
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Sachin Ingale slipped out of his family’s two-room, white-painted mud hut about 4 p.m. and walked into their farm field where the 22-year-old took a deep swig of pesticide from a plastic bottle. He died later that evening.
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The premium traders in Asia are paying for the earliest deliveries of fuel oil is poised to slide from an eight-month high as Europe floods the region with excess supplies and Chinese refinery demand wanes.
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Members of Congress from both parties urged Obama administration officials to impose greater economic pressure to curtail Iran’s nuclear ambitions and punish its human-rights violations.
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The International Energy Agency’s reduced forecast for expansion in global refining may temper expectations for an improved market for tankers hauling refined fuels, according to Arctic Securities ASA.
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