Latest news
Nuclear waste found under Fukushima power plant
A heap of melted nuclear waste has been found by an underwater robot inside a damaged reactor at the Fukushima power plant.
read more... 28/07/2017
Daily (28.07.2017): Brent prices soared to 2-month high on Thursday - $51.49 a barrel
Oil prices continued to rise on Thursday with support from a huge slide in U.S. crude inventories. Kuwait, UAE and Saudi Arabia, fellow members of the OPEC, have also promised export cuts. U.S. fuel exports are on track to hit another record in 2017, making foreign fuel markets increasingly important for the profit margins of U.S. refiners. Also, Europe's major energy firms are turning a corner after a 3-year slump, Royal Dutch Shell, France's Total and Norway's Statoil reported sharp rises in cash flow from second quarter operations. Brent crude jumped by 1% to $51.49 a barrel, while WTI price jumped by 0.8% to close at $48.75 a barrel.
read more... 28/07/2017
Vietnam partners with China and India to build fuel storage
Vietnam will partner with China and India to create an oil reservoir in order to broaden commercial storage for crude oil and strengthen energy security, as domestic production falls and crude imports rise.
read more... 28/07/2017
EV charging grid to be installed along the Trans-Canada highway
A grid of 34 electric vehicle (EV) charging stations will be installed along the Trans-Canada highway, to combat range anxiety. The stations will store energy to charge cars faster.
read more... 27/07/2017
Daily (27.07.2017): UK wholesale gas prices jumped by 5.37% on Wednesday
Oil prices continued to rose on Wednesday. The U.S. crude stockpiles fell sharply last week as refineries boosted output. Nigerian output slipped this week as leaks forced Shell to shut oil exporting pipeline. long-awaited oil market rebalancing is underway. Venezuela, an OPEC member, faces deepening economic woes and protests, the US plans to impose financial sanctions to halt dollar payments for the Venezuelan oil. Brent edged up by 1.53% to $50.97 a barrel, while WTI price jumped by 1.8% to close at $48.75 a barrel.
read more... 27/07/2017