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Daily: Brent dips towards $101 on disappointing manufacturing data in China

Brent crude dipped towards $101 a barrel on Friday, posting the worst month since 2008 in May, driven down by disappointing manufacturing data in the second global oil user China.

read more... 01/06/2012

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New oil discovery in Bohai Sea, China

China National Offshore Oil Corporation (CNOOC) Limited, the listed unit of the country's largest offshore oil producer, has recently revealed that the company has made a new oil discovery in the Bohai Sea, China.

read more... 01/06/2012

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EU’s greenhouse gas emissions up 2.4% in 2010

The greenhouse gas emissions increased by 2.4% in 2010, despite the economic recession and policies aimed to tackle climate change, according to statistics released by the European Environment Agency.

read more... 01/06/2012

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Russia to assist Iran in building another nuclear reactor

Russia is ready to assist Iran in building a second nuclear power plant, as Iran intends to build the second reactor at the Bushehr nuclear power plant with a capacity of 1,000 MW.

read more... 01/06/2012

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Daily- Brent slips below $103 at biggest monthly percentage drop in two years

Brent crude oil slipped below $103 per barrel on Thursday, settling at their biggest monthly percentage drop in two years as buyers moved back in after Wednesday's heavy sell off, but continuing nervousness around an austere demand outlook.

read more... 31/05/2012

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