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Good Energy makes power prices more accessible

While the main energy companies in the UK, known as 'big six' will raise its prices for electricity across the board, one of the smaller energy suppliers, called Good Energy, has pledged to hold electricity prices unchanged until at least 2012.

read more... 05/08/2011

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Total to sell its 48.83% stake in Spain

The French giant Total has announced the sale of 48.83 percent in Compania Espanola de Petroleos SA, or CEPSA, to International Petroleum Investment Company ( IPIC).

read more... 05/08/2011

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Daily energy Overview, Thursday, August 04, 2011

U.S. and ICE Brent crude oil futures paired loses on Wednesday driven down by an increase in U.S. oil inventories and rising worries over slowing economic growth and data indicating low fuel demand that suddenly decreased gasoline futures.

read more... 04/08/2011

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ABB won 1 billion dollars order

A leading power and automation technology group, ABB, will receive around 1 billion dollars from the TenneT, a Dutch-German transmission grid operator to furnish a power grid that will connect the North Sea wind farms to the German main grid that will have a total transmission capacity of over 900 MW.

read more... 04/08/2011

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UK to close a nuclear plant in the light of Japanese disaster

The sole plant in the UK, known for processing plutonium into new fuel for nuclear reactors is to close as a result of the Japanese tsunami, threatening the loss of hundreds of jobs.

read more... 04/08/2011

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