Latest news
Duke Energy asks for a 17 % increase on North Caroline households
Duke Energy Corp. addressed a request to the North Carolina regulators asking to increase power prices for households by 17%, and to 11.5 % for its allowed rate of return on shareholder, a change that would add around 19 dollars to the monthly power bills. This move will increase company’s revenue by 646 million dollars.
read more... 04/07/2011
Daily energy Overview, Friday, July 01, 2011
U.S. crude futures increased on Thursday, but closed the month down 7 percent and the quarter down by more than 10 percent registering the lowest level of the quarter since the fourth quarter of 2008. U.S. crude for August delivery rose for a third day and traded at 95.42 dollars a barrel, lifting 65 cents after a trading range from 93.88 to 95.82 dollars.
read more... 01/07/2011
Daily energy Overview, Thursday, June 30, 2011
U.S. and Brent crude oil futures increased on Wednesday, on data indicating a sharp weekly drop in crude stockpiles and as the dollar index stayed weak following the approval of an austerity plan by the Greek parliament. U.S. crude for August delivery settled at 94.77 dollars a barrel, up 1.88 dollars, after a trading range between 92.66 and 95.84 dollars. ICE Brent crude for August delivery increased to 112.40 dollars a barrel, after trading from 108.78 to 112.40 dollars.
read more... 30/06/2011
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
Daily energy Overview, Wednesday, June 29, 2011
U.S. crude oil futures continued to increase in the post-settlement trading on Tuesday on industry data indicating a 2.7 million barrel drop in crude inventories last week. Meanwhile, ICE Brent crude oil futures traded up for a second consecutive day on Tuesday on hopes that Greek Parliament would approve an austerity plan to beat debt crisis, while dollar index weakened pushing investors to buy riskier assets.
read more... 29/06/2011