Latest news
Daily: British gas soars on weak North Sea supply
Brent crude oil futures traded steady above $110 a barrel on Monday on hopes the U.S. Federal Reserve would delay reducing its massive economic stimulus programme until next year, which could help encourage oil demand in the world's largest oil consumer. Brent crude futures for December delivery rose 10 cents to $110.04 a barrel by 03:43 GMT, while U.S. crude oil futures for November delivery increased by 3 cents to $100.84, after earlier boosting as high as $100.95.
read more... 22/10/2013
UK government gives unprecedented go-ahead for £16 billion nuclear deal
The UK government has given the green light for the construction of an unprecedented nuclear power plant in 20 years - the Hinkley Point C project in southwest England.
read more... 22/10/2013
Merkel supports the EU plans to lift carbon prices
German Chancellor Angela Merkel expressed its sustain for EU plans to prop up carbon prices by temporarily removing some of the surplus allowances. German support for the plan for backloading 900 million permits is crucial for the law to pass.
read more... 21/10/2013
Sofia to build a Bulgaria-Greece gas grid interconnector by 2016
Sofia intends to build a Bulgaria-Greece gas grid interconnector in the middle of 2016, according to the declarations made by a company official on Friday.
read more... 21/10/2013
The China-Myanmar gas pipeline was completed and is fully operational
China National Petroleum Corp. has announced that the China- Myanmar gas pipeline was completed on Sunday and has gone fully operational. The project, extending more than 2500 km from western Myanmar to southwest China, will help the world's second-largest economy to supply its growing energy requirements.
read more... 21/10/2013