Latest news
Swiss government votes to phase out nuclear power by 2034
Nuclear power supplies 40% of Switzerland’s electricity, but under the pressure from the largest anti-nuclear protest of the last 25 years, at which participated about 20,000 people, the Swiss government has proposed a complete decommissioning of nuclear power by 2034.
read more... 26/05/2011
Kan discusses nuclear safety with Sarkozy on the eve of Group of Eight Summit
The Japanese Prime Minister Naoto Kan and French President Nicolas Sarkozy met on Wednesday to discuss on nuclear safety issues, on the eve of the yearly summit of Group of eight countries, chaired by the French president, which will take place in Deauville, northwestern France.
read more... 26/05/2011
Daily energy Overview, Wednesday, May 25, 2011
Crude oil futures increased on Tuesday after Goldman Sachs raised its forecasts on Brent crude and as a weaker dollar attracted traders to commodities, while released economic data indicated an increase in sales of U.S. single-family homes. U.S. crude for July delivery traded at 99.59 dollars a barrel, lifting 1.89 dollars after a trading range from 96.61 and 100.09 dollars, while ICE Brent crude for delivery in July settled at 112.53 dollars a barrel, up 2.43 dollars, after a trading range between 109.50 and 112.65 dollars.
read more... 25/05/2011
Stronger energy cooperation between China and US accomplished
A new stage was accomplished at the third round of the China Strategic Economic Dialogues that took place in Washington (USA) on May 10th at which several “energy subjects” were discussed, mainly focused on the joint development of innovative power grids and large scale wind power projects, as well as establishing commercial activities tied to natural gas, shale gas and bio-jet fuel and information share in energy management experience.
read more... 25/05/2011
Ukraine wants smaller prices for Russian natural gas delivery
Alexei Miller, Gazprom Chief Executive Officer visited Kiev on Tuesday, May 24 for talks with Energy and Coal Industry Minister Yuriy Boiko to negotiate prices for natural gas supplies to Ukraine.
read more... 25/05/2011