Latest news
Japan’s atomic power to account for 20-22 % of total power mix by 2030
The Japan Natural Resources and Energy advisory committee, a body affiliated with Japan's industry ministry, has backed the controversial government plan for atomic energy to generate 20-22 percent of the country's electricity by 2030.
read more... 03/06/2015
Daily: British gas prices increase on short system, weaker imports
Crude oil prices boosted on Tuesday, spurred by a weak dollar and expectations that U.S. crude supplies could have dropped last week for a fifth consecutive week. Brent crude oil rose by 61 cents, or 1 percent, to settle at $65.49 a barrel. U.S. crude inched $1.06 up, or 1.8 percent, to close at $61.26.
read more... 03/06/2015
Statoil stretched gas supply agreement with Britain's SSE
Norway's Statoil declared on Monday it had extended five-fold a long-term gas sale deal with Britain's second-largest utility SSE.
read more... 02/06/2015
EU desires more flexible household power prices
The European Commission's planned reform of Europe's electricity system will comprise suggestions to make power retail markets and prices more flexible, as stated by Europe's energy chief on Monday.
read more... 02/06/2015
Daily: Crude oil prices shed on robust production from OPEC, firmer dollar
Crude oil closed down as much as 1 percent on Monday, retiring from Friday’s hike on a strong dollar and worries over extremely high supplies from OPEC. The Organization of the Petroleum Exporting Countries pumped a record high of 31.22 million barrels of oil per day (bpd) in May and the group is expected the maintain its current production at its meeting on Friday. Brent crude oil futures declined by 68 cents, or 1 percent, to close at $64.88 a barrel. U.S. crude decreased just by a dime, ending at $60.20 a barrel, after slipped more than 1 percent with Brent earlier.
read more... 02/06/2015