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Rosatom to build a nuclear power plant in Belarus in July

Russia and Belarus have signed a contract regarding the construction of the first nuclear power plant in Belarus in July

read more... 25/06/2012

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Daily: Brent up $91 on US storm fears

Brent crude oil traded up above $91/bbl on Monday on support for a weaker output following a threat of a storm which halted nearly a quarter of US offshore crude and gas production and as the main euro zone leaders backed a $156 billion plan to revive growth in the debt-hit region, move that supported prices.

read more... 25/06/2012

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Vestas to halt production at China plant on expected weak demand

Danish wind turbine maker, Vestas Wind Systems has decided to halt production at its factory in Hohhot, China, making redundant 300-350 employees.

read more... 25/06/2012

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Daily: Nordic power prices trade up on drier forecast

Brent crude traded below $90 on Friday, up slightly after sharp losses in the previous session, but settled its biggest weekly loss in a about a year, as pessimistic data from top consumers in the United States and China eclipsed the outlook for demand.

read more... 22/06/2012

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Statoil: global energy demand up 40% by 2040

Global energy demand is expected to increase by more than 40 per cent towards 2040, according to Statoil’s annual outlook for global economics and energy markets – Energy Perspectives 2012, as economic output more than doubles and prosperity expands across a world whose population will grow to nearly 9 billion people. Meanwhile, by 2030, global oil demand is set to reach a plateau level of around 100 million barrels per day, as gas and renewables account for a greater share of the energy mix.

read more... 22/06/2012

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