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EDF reiterates its support for Hinkley Point nuclear project despite Brexit

French power utility EDF on Monday reiterated its support for the development of delayed new nuclear power station at Hinkley Point in southern England, declaring that British referendum to quit the European Union will not affect its plans.

read more... 05/07/2016

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Daily: British gas prices ease on Rough outage, EU referendum

Crude oil prices ended 2 percent higher after a volatile session on Thursday, as investors were less preoccupied about the future of global economy after the last pre-vote opinion surveys indicated Britain will not quit the European Union. Brent crude rose $1.03, or 2.1 percent, to settle at $50.91 a barrel. U.S. crude closed at $50.11 a barrel, up 98 cents. Both contracts jumped in the last few minutes of trading.

read more... 24/06/2016

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Daily: European spot electricity prices evolve differently; low wind power output spurs French prices

Crude oil prices declined about 2 percent in prolonged trading on Tuesday as figures indicated an unexpected build in U.S. crude stockpiles last week, adding to the destabilization of global financial markets before the British referendum whether to leave the European Union. Brent and U.S. crude extended losses in post-settlement trading, both falling by more than $1 a barrel each. Prices tumbled for the fourth straight day with Brent down 52 cents to settle at $49.83 a barrel, while U.S. crude lost 39 cents to close at $48.49.

read more... 15/06/2016

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Croatia might go for referendum on Adriatic gas and oil

Croatia might hold a referendum on the planned exploitation of possible gas and oil wells in the Adriatic, as stated by Prime Minister Zoran Milanovic on Monday, replying to increasing criticism from eco-friendly groups.

read more... 17/03/2015

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Scotland: Shale gas reserves may supply 30 years of UK gas

Scotland, heading for a September independence referendum, might possess sufficient shale gas resources to satisfy UK gas necessities for over 30 years, according to a geological report publicized by the British government on Monday.

read more... 06/08/2014

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