Latest news
Iran and Armenia to boost energy cooperation
The Iranian newspaper Teheran Times reported that Iran and Armenia will start the construction of a third electricity transmission line between the two countries within two weeks. The project is estimated to cost about $110 million and will have a capacity of 800-900MW between the two countries.
read more... 01/06/2011
Daily energy Overview, Tuesday, May 31, 2011
U.S. crude oil futures were almost steady on Monday, near the two-week high registered last week as American financial markets were closed due to the Memorial Day holiday. By 23:01 GMT, NYMEX crude for July delivery rose 2 cents at $100.61 a barrel. The contract settled at $100.59 a barrel on Friday, up 36 cents.
read more... 31/05/2011
Can Germany afford to decommission all nuclear plants by 2022?
On Monday, the coalition government announced that Germany will decommission all its nuclear plants by 2022 and instead rely on other forms of electricity generation, including renewable energy.
read more... 31/05/2011
Daily energy Overview, Monday, May 30, 2011
U.S. crude oil futures edged slightly up on Friday as weak home sales data sparked economic worries and pared earlier crude gains supported by a weaker dollar. U.S. crude for July delivery traded at 100.59 dollars a barrel, up 36 cents after a trading range from 100.04 to 101.24 dollars.
read more... 30/05/2011
Daily energy Overview, Friday, May27, 2011
U.S. crude oil prices went down more than 1 percent on Thursday on released data about a less increase in the US economy in the first quarter as it was expected on renewed concerns about oil demand. U.S. crude for July delivery traded at 100.23 dollars, down 1.09 dollars.
read more... 27/05/2011