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Daily – Brent down on discords between France and Germany

U.S. crude oil futures increased on Friday on optimism for euro zone debt crisis ahead of the summits in the coming week that spurred worries among investors. NYMEX crude for December delivery traded at 87.40 dollars a barrel, up 1.33 dollars after a trading range from 85.95 to 88.89 dollars.

read more... 24/10/2011

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French Government draws back three shale gas licenses

The French government decided to cancel three licenses on Monday, which allowed oil companies to explore shale gas in the fields of Southern France.

read more... 05/10/2011

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France envisages new carbon tax in 2012

The French conservative government is envisaging a revival of previously rejected national carbon tax, as a bid to cut the nation’s budget deficit, according to the local newspaper Le Figaro and Les Échos.

read more... 29/09/2011

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French nuclear power plants passed safety tests

According to the French energy utility EDF, all nuclear power plants from France has passed successfully the safety tests, the report being submitted to the country's nuclear regulator ASN. The move came in the wake of Fukushima nuclear accident.

read more... 23/09/2011

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Gazprom joints three major partners in South Stream gas pipeline

Three energy majors, Italy’s Eni, France’s EDF and Germany's Wintershall, have joined Russian energy giant, Gazprom as to build jointly the South Stream gas pipeline, which is aimed to transport Russian gas to Southern and Central Europe via the Black Sea and Bulgaria bypassing Ukraine.

read more... 19/09/2011

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