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Daily energy Overview, Thursday, August 04, 2011
U.S. and ICE Brent crude oil futures paired loses on Wednesday driven down by an increase in U.S. oil inventories and rising worries over slowing economic growth and data indicating low fuel demand that suddenly decreased gasoline futures.
read more... 04/08/2011
UK to close a nuclear plant in the light of Japanese disaster
The sole plant in the UK, known for processing plutonium into new fuel for nuclear reactors is to close as a result of the Japanese tsunami, threatening the loss of hundreds of jobs.
read more... 04/08/2011
Daily energy Overview, Wednesday, August 03, 2011
U.S. and Brent crude oil futures decreased in the post-settlement trading on Tuesday on rising worries over the U.S. debt and after API data indicated a fall in crude oil inventories of 3.3 million barrels last week against forecasts of an increase in stocks.
read more... 03/08/2011
Poland: first step in nuclear power
GE-Hitachi Nuclear Energy Ltd, a global nuclear alliance created by General Electric and Hitachi, signed a memorandum of understanding with Warsaw-based engineering firm Energoprojekt Warszawa, to start negotiations about building a future nuclear power plant in Poland.
read more... 02/08/2011
Daily energy Overview, Tuesday, August 02, 2011
U.S. crude oil futures eased on Monday registering early gains on indicated weak manufacturing data in the U.S. from the Institute for Supply Management. NYMEX crude for September delivery traded at 94.89 dollars a barrel, losing 81 cents after trading between 93.42 and 98.60 dollars.
read more... 02/08/2011