Latest news
Daily: German Cal’13 settling at 19-month low
Brent crude futures declined more than a $1 to below $99 a barrel on Friday, dragged down by the uncertainty over whether the U.S. Federal Reserve will impose further monetary stimulus to protect the fragile economic recovery.
read more... 08/06/2012
Iran, Armenia: the construction of Meghri hydro power plant to start soon
Iran and Armenia have signed a deal envisaging the construction of the Meghri hydroelectric power plant over the Aras River, between the two countries.
read more... 08/06/2012
More than 200 nuclear power stations across the world to be closed by 2030
While Europe will phase out almost 150 of its nuclear power plants by 2030, in the meantime U.S. has decided to give life extensions to 71 nuclear power plants and decommission only five, according to GlobalData’s report.
read more... 08/06/2012
China’s gas consumption to triple by 2030
China’s annual gas demand is forecasted to grow to 350 billion cubic meters (33.8 Bcf/d) by 2020 and 550 Bcm by 2030 from 130 Bcm in 2011, according to IEA estimates.
read more... 08/06/2012
Daily: Europe prompt power prices down on German holiday
Brent crude futures declined on Thursday due to a weak demand, but prices were supported around $100 by expectations the United States will introduce measures to boost its economy and by signs that European policymakers would find a way to deal with Spain's banking crisis.
read more... 07/06/2012