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Daily – power down at a 6 week low level
NYMEX and Brent crude oil futures decreased on Friday in volatile trading as new worries over the euro zone crisis supported the economic obscurity that has driven prices down.
read more... 26/09/2011
GDF Suez pledges for fracturing improvement
The biggest European natural gas firm, Paris-based, GDF Suez, agrees with the French government that the hydraulic fracturing practice must be improved to protect environment, according to the head of company declarations.
read more... 26/09/2011
Russia and Ukraine seek a resolution for gas dispute
During a meeting between Russian and Ukrainian Presidents, Dmitry Medvedev and Viktor Yanukovych late on September 24, the countries discussed about a prior gas deal between the two partners, at which Ukraine tried to persuade Russia to change the terms of a gas supply deal between the two ex-Soviet nations, saying that it is paying too much under the current deal.
read more... 26/09/2011
Daily- EU carbon permits hit new 6-week low on economic worries
U.S. crude plunged 7 cents to $80.44 a barrel, after a hike of as much as $81.71, down a bit more than 7 percent for the week, being the first weekly downfall in five week, while Brent crude traded higher to $106 on Friday, following a plunge in the previous session which encouraged investors to buy on dip.
read more... 23/09/2011
Scottish and Southern Energy chooses renewables
The energy giant, Scottish and Southern Energy (SSE) has confirmed its intention to exit from nuclear power, as the company seeks to focus on renewable energy.
read more... 23/09/2011