Latest news
Daily: UK gas plunges 7% after Norway strike end
Brent crude declined below $99 a barrel on Tuesday on Chinese low crude imports data in June and on the alleviation of worries about supply disruption following the end of labour strike in Norway’s oil industry.
read more... 10/07/2012
Total and Melrose to explore gas reserves in Bulgarian deep waters
Total and Melrose are competing for a permit to explore for natural gas in the deep waters of the Black Sea bloc, called Khan Asparuh.
read more... 10/07/2012
EDF: New UK nuclear power plants could boost economy
Government policy to promote a new generation of nuclear power plants could boost the UK economy by more than £ 5 billion and add more than 32,000 jobs, as well as creating new export markets if the country continues the development of nuclear, according a report commissioned by EDF Energy.
read more... 10/07/2012
UK gives the green light for two major offshore wind farms
The UK government approved plans for two major wind farms off the Norfolk coast which will boost the country’s capacity above 6.6 GW.
read more... 10/07/2012
Coal use continues to increase in Europe
The demand for coal surged 3.3% last year in Europe, while the coal imports from U.S. producers such as Arch Coal Inc. (ACI) has cut prices by 26% in a year.
read more... 09/07/2012