Michigan power consumers, of the United States could see a 70 percent reduction on their electricity bills already this September that could cost of 54 million dollars every year.
read more... 12/09/2011
NYMEX and Brent crude oil futures traded lower on Friday on the back of economic concerns as turmoil in the European Central Bank has driven the euro down to a more than six-month low level versus the dollar index.
read more... 12/09/2011
EDF Energy, the British arm of France's biggest energy company EDF, is the latest of the “big six” to announce the suspension of its doorstep sales practice, following the similar actions of other energy suppliers as British Gas in August and Scottish and Southern Energy in July.
read more... 12/09/2011
According to the Libyan interim Premier Minister declarations during a press conference in Tripoli, the oil production will resume in the near future, reaching the pre-war levels within a year.
read more... 12/09/2011
U.S. and Brent crude oil futures pared losses on Thursday on increase of the euro index against the dollar supported by rising worries over Europe’s economy and weak equities that sustained crude oil inventories.
read more... 09/09/2011