Latest news
UK nuclear power plants to pass a “stress test”
In the wake of German nuclear energy phase out, British nuclear power plants have to pass a “stress test” starting next month. European safety regulators have agreed on the assessment of all nuclear plants against risks caused by natural disasters starting June 1st.
read more... 03/06/2011
Daily energy Overview, Thursday, June 02, 2011
U.S. and Brent crude futures continued to fall on Wednesday in post settlement trading following revealed API data that indicated an unexpected increase in American crude stockpiles last week. By 20:45 GMT, NYMEX crude for July delivery traded at 99.68 dollars a barrel, down 3.02 dollars, while ICE Brent for July delivery traded at 114.10 dollars a barrel, down 2.63 dollars.
read more... 02/06/2011
German nuclear phase out will cause intensified CO2 emissions
According to analyst’s points of view, the Chancellor Angela Merkel's ruling coalition decision to phase out all Germany's nuclear reactors by 2022 will contribute to bigger CO2 emissions by an estimated 40 million tones, as Germany will switch to fossil fuels.
read more... 02/06/2011
Daily energy Overview, Wednesday, June 1, 2011
Crude oil futures increased on Tuesday on the closure of a pipeline transporting crude from Canada to US and on dollar decrease on renewed hopes for a debt bailout plan for Greece. NYMEX crude for July delivery settled at 102.70 dollars a barrel, up 2.11 dollars, while ICE Brent crude increased by 2.05 to 116.73 dollars a barrel, after a trading range between 114.50 and 116.73 dollars.
read more... 01/06/2011
Crippled Fukushima nuclear plant hit by an explosion
According to Tokyo Electric Power Co (TEPCO) declarations an oil leak and a small explosion occurred on Tuesday at the Fukushima nuclear power plant, crippled already by the earthquake and tsunami of March, 11th.
read more... 01/06/2011