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IEA: China is close to a “Golden Age” of natural gas
China is set to enjoy a “Golden Age” of natural gas since its demand for natural gas is expected to nearly double within five years, according to a report released by the International Energy Agency.
read more... 12/06/2014
Daily: British spot gas prices plunge on supply glut
Brent crude boosted on Monday, adding over $1 to trade greater than $110 a barrel for the first time since June, while WTI crude gained about $2, as upbeat figures from China and the U.S. underlined a strong economic growth and higher demand for oil from the both countries, the two largest consumers in the world.
read more... 10/06/2014
Daily: Brent crude holds steady, WTI climbs on positive economic data
Brent crude held steady and U.S. crude pared earlier losses to trade higher on Tuesday, as economic data from the United States and China spurred prices which were depressed by increasing global oil production. Brent crude for July delivery dropped by 1 cent to close at $108.82 a barrel, ending above its 50-day moving average of $108.56. WTI prices for July delivery boosted 19 cents to trade at $102.66, hitting $102.86 at 5 p.m. EDT (2100 GMT) in post-settlement trading.
read more... 04/06/2014
Chinese firm proposes lowest price for Montenegro power plant
Montenegro's power utility, EPCG announced on Thursday that China's Hubei Electric Power Survey & Design Institute has proposed the lowest bid to construct a new coal-fired unit of 250 MW at its Pljevlja power plant.
read more... 30/05/2014
Daily: Brent, U.S. crude oil trade higher on geopolitical worries in Ukraine, unrests in Libya
Brent and U.S. crude futures traded higher on Friday, buoyed by geopolitical worries in Ukraine and civilian unrests in Libya, as well as by upbeat economic figures in the United States and China. Both Brent and U.S. crude registered weekly gains for a second consecutive week.
read more... 26/05/2014