Latest news
EU approves stricter rules for nuclear waste storage
The EU Council of ministers has approved new regulations for nuclear fuel and waste storage which will make the conditions on exporting it outside EU borders more stringent.
read more... 27/07/2011
Kazakhstan to boost its oil exports
The construction of an oil pipeline started on Friday in Kazakhstan that will lead to an increase in oil exports from an oil field owned by the major energy company Chevron Corp. It marked the start of work enhancing the Caspian Pipeline Consortium route in the Western part of Kazakhstan.
read more... 05/07/2011
Russia cuts off electricity supply to Belarus in the wave of its financial crisis
Russia's electricity export monopoly Inter RAO cut off electricity supply to Belarus at midnight on Wednesday, following a debt of 1.2-billion ruble ($43 million) accumulated for electricity supplied in March, April and May.
read more... 30/06/2011
IEA announces the proportion of oil release
Last week, the IEA announced that it will release 60 million-barrel of oil from its strategic reserves after consumer nations unsuccessfully exerted pressure on the Organization of the Petroleum Exporting Countries to increase its oil production at a meeting this month.
read more... 28/06/2011
Daily energy Overview, Friday, June 24, 2011
U.S. crude oil futures slipped to a four-month low level on Thursday on news that the International Energy Agency will release 60 million barrels of oil from its reserves to make up for a loss of Libyan exports in global oil markets and on weaker economic data.
read more... 24/06/2011