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China to suspend new nuclear power projects

China will put its nuclear power plans on hold, following months of debates after the Japanese nuclear disaster at the Fukushima power plant in March which reversed the whole world against nuclear energy.

read more... 16/06/2011

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Daily energy Overview, Wednesday, June 15, 2011

Crude oil futures increased on Tuesday supported by U.S. and Chinese economic data that diminished some worries about oil demand. ICE Brent crude for July delivery traded at 120.16 dollars a barrel, up 1.06 dollars, after a trading range from 118.56 to 120.75 dollars and registering the utmost level since May 4, when Brent crude closed the session at 121.19 dollars.

read more... 15/06/2011

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Daily energy Overview, Tuesday, June 14, 2011

U.S. crude oil futures traded down on Monday for a second consecutive session as a downgrade in credit ratings of Greece sparked worries about global economic growth and demand for oil. U.S. crude for July delivery traded at 97.30 dollars a barrel, down 1.99 dollars after a trading range between 96.13 and 99.32 dollars.

read more... 14/06/2011

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Referendum results could baffle Italy’s nuclear plans

After two days of voting, the anti-nuclear referendum finished overwhelmingly against Berlusconi’s nuclear revival plans, a decision agreed by 90% of voters.

read more... 14/06/2011

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Daily energy Overview, Monday, June 13, 2011

U.S. and Brent crude oil futures traded down on Friday extending losses for a second consecutive week as Saudi Arabia reported a stronger oil supply to Asian buyers and a higher production in July.

read more... 13/06/2011

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