Latest news
France to make a huge investment in nuclear energy
The French President, Nicolas Sarkozy has announced a major investment of $1.43-billion in nuclear energy on Monday, facing off the trend against nuclear power which has seized France's neighbors, Germany, Switzerland and Italy.
read more... 29/06/2011
Daily energy Overview, Tuesday, June 28, 2011
British gas prices increased on Monday afternoon on higher oil prices, though gains were expected to be short-lived as Euro zone debt worries persisted. By 16:00 GMT, gas for next winter delivery settled at 68.90 pence, up 0.70 pence, while gas for winter delivery in 2012 increased 0.40 pence to 71.40 pence.
read more... 28/06/2011
Daily energy Overview, Monday, June 27, 2011
Brent crude prices fell on Friday as Europe’s debt crisis supported the dollar index recovery, extending the drop in oil prices for a second day after the announcement of the International Energy Agency about tapping oil from strategic reserves. Brent’s premium to US crude dropped under $14 a barrel intraday, from above $19 on Wednesday.
read more... 27/06/2011
France may extend the operation of its oldest nuclear plant
According to an article in the French daily, Le Figaro, the oldest and the most controversial nuclear reactor in France, called Fessenheim, in operation since 1977, is in the next few days expected to receive permission to extend its life span for another 10 years by the Nuclear Safety Authority of France (ASN).
read more... 27/06/2011
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