Crude oil prices boosted about 2 percent on Wednesday after the U.S. government unveiled a bigger-than-expected fall in crude stockpiles, but profit-taking after the data release kept prices below the $50 a barrel level. Brent crude rose by $1.13, or 2.3 percent, to settle at $49.74 a barrel. Prices jumped as high as $49.96 in post-settlement trading. U.S. crude's West Texas Intermediate (WTI) increased 94 cents to settle at $49.56, after hitting a seven-month high at $49.62.
read more... 26/05/2016
The European Commission established that a power agreement between the Danish transmission system operator and DONG Energy does not break state aid regulations.
read more... 24/05/2016
Crude oil prices declined on Friday as a stronger dollar spurred investors to take profit on a second week of gains and a persistent supply concerns. Global benchmark Brent crude eased 9 cents to settle at $48.72 a barrel, while U.S. crude shed 41 cents to close at $47.75 per barrel.
read more... 23/05/2016
The delivery team for a £14 billion nuclear power station in the UK has been made known.
read more... 23/05/2016
Russia agreed to lend Egyptian government $25bn to finance building and operation of a nuclear power plant in Dabaa on the Mediterranean coast in the northwest of Egypt.
read more... 20/05/2016