Oil prices edged higher on Friday. U.S. crude and gasoline inventories fell higher-than-expected and the world's biggest oil exporter Saudi Arabia declared it would further reduce oil production in August. Brent crude jumped by 2% to $52.52 a barrel, while WTI price rose by 1.37% to close at $49.71 a barrel.
read more... 31/07/2017
To make the transition to green vehicles for van drivers, the government has issued legislative changes to driver licensing rules.
read more... 31/07/2017
Work on the largest wind farm in the US has begun. The farm will operate at a 2GW capacity, and is located in Oklahoma.
read more... 28/07/2017
A heap of melted nuclear waste has been found by an underwater robot inside a damaged reactor at the Fukushima power plant.
read more... 28/07/2017
Oil prices continued to rise on Thursday with support from a huge slide in U.S. crude inventories. Kuwait, UAE and Saudi Arabia, fellow members of the OPEC, have also promised export cuts. U.S. fuel exports are on track to hit another record in 2017, making foreign fuel markets increasingly important for the profit margins of U.S. refiners. Also, Europe's major energy firms are turning a corner after a 3-year slump, Royal Dutch Shell, France's Total and Norway's Statoil reported sharp rises in cash flow from second quarter operations. Brent crude jumped by 1% to $51.49 a barrel, while WTI price jumped by 0.8% to close at $48.75 a barrel.
read more... 28/07/2017