Latest news
Daily: British wholesale natural gas hovers near three-year lows on low demand
Brent crude dropped towards $108 a barrel on Thursday, close to its lowest level in more than two weeks, as flat data in China, a possible oil increase in Libya's oil supply and record-high in U.S. stockpiles impacted prices. Brent crude for June delivery slipped 3 cents to $108.04 a barrel by 03:24 GMT, after a 0.8 percent decline in the previous session to end at its lowest settlement since April 11. Meanwhile, U.S. crude for June delivery declined 7 cents to $99.67 a barrel, after having decreased 1.5 percent on Wednesday to settle at its lowest level since April 2.
read more... 02/05/2014
Toshiba and GDF Suez reach agreement on nuclear site
An accord between Japan's Toshiba and France's GDF Suez has been reached on key stipulations with Britain's Nuclear Decommissioning Authority to run the terrain at Sellafield where the firms intend to construct three new nuclear reactors.
read more... 02/05/2014
Ukraine: Gazprom threatened to be sued over high gas prices
Ukraine is threatening to take the Russian gas giant to court, accusing it of having inflated the price it charges Kiev for gas.
read more... 30/04/2014
Milestone climate talks between China and U.S
U.S. and China, the two most polluting countries in the world, started a new phase of talks on reducing their carbon dioxide emissions, in a move called as “the most promising development in nearly 20 years of climate change negotiations”.
read more... 30/04/2014
Daily: Crude oil prices get support from geopolitical concerns
Crude oil prices increased on Tuesday as tensions increased in eastern Ukraine and obtaining further support from a sudden violence in Libya, raising questions when oil flows will restart. Brent crude futures for June delivery closed at $108.98 per barrel, increasing 86 cents, or 0.8 percent, after having hovered much of the day above $109 per barrel. Meanwhile, U.S. crude for June delivery gained 44 cents to settle at $101.28 per barrel, up 0.44 percent.
read more... 30/04/2014