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UK authorization for China-built nuclear reactor will take 5 years

British nuclear regulators are likely to take five years to finalize the approval process for the construction of China's third-generation "Hualong One" reactor in Britain, the China General Nuclear Corporation (CGN) declared on Friday.

read more... 16/01/2017

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Bosnia's largest utility generates 5% more electricity in 2016

Bosnia's largest power utility Elektroprivreda BiH (EPBiH) declared on Friday it produced 7,245 gigawatt-hours (GWh) of electricity in 2016, more than 5 percent up from a year before on the back of record coal production.

read more... 16/01/2017

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Daily (16.01.2017): Crude oil prices close the week 3% lower on OPEC persisting doubts

Crude oil prices tumbled on Friday and closed the week 3 percent lower on prolonging doubts over the extent of OPEC reductions and after China, the world’s second largest oil consumer, reported the sharpest falls in overall exports since 2009.

read more... 16/01/2017

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Georgia and Gazprom agreed on monetization and reduction of gas price

Georgian government officials on Wednesday agreed on new payment terms for transit of gas across the country by Russian-owned Gazprom.

read more... 13/01/2017

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Daily (13.01.2017): Crude oil gains ground on supply reductions, record demand expectations from China

Crude oil prices boosted over 1 percent on Thursday on news that top crude producers, including Saudi Arabia and Russia, were reducing production to tackle a global crude oversupply and expectations for a record demand in China.

read more... 13/01/2017

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