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Daily – oil higher as markets awaits vote in Greece

U.S. and Brent crude oil futures ended higher on Thursday on news that Greece could avoid a national referendum and unexpected European Central Bank interest cut. ICE Brent crude for December delivery traded at 110.83 dollars a barrel, losing 1.49 dollars after having traded between 107.83 and 111.24 dollars a barrel. NYMEX crude for December delivery settled at 94.07 dollars a barrel, adding 1.56 dollars after having traded from 90.87 to 94.61 dollars.

read more... 04/11/2011

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Daily – power at a 7- ½ month low level

U.S. and Brent crude oil futures decreased on Tuesday settling for the third drop in line following an unexpected proposal of Greece over a referendum vote threatened to derail a European bailout plan regarding the euro zone debt crisis.

read more... 02/11/2011

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Daily – oil down on rising euro zone worries

NYMEX and Brent crude oil futures were dragged down on Wednesday as euro zone worries remained ahead of a German parliamentary vote amid to sustain new countries for the euro zone rescue fund.

read more... 29/09/2011

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Preparatory works for Hinkley C nuclear plant are approved

The preparatory works for the construction of Hincley C nuclear power plant for more than 20 years were approved to begin, after the West Somerset District Council voted in favor of the application, despite strong protests from opponents fearing that it will destroy the coastline.

read more... 29/07/2011

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The UK parliament ratifies the program for building new nuclear plants

On Monday, July 18, the British parliament voted through the Coalition's National Policy Statement for nuclear power, ratifying the program for new generation of British nuclear power stations, following the review of electricity market reform white paper.

read more... 20/07/2011

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