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Bulgaria to sign an important nuclear deal with an American company
Bulgaria, one of the five European States that is totally reliant on Russian nuclear fuel, inked a shareholder agreement with Westinghouse Electric Company, an American nuclear engineering company for the construction of a new atomic reactor estimated to cost $5 billion.
read more... 04/08/2014
UK record: Almost 15% of electricity generated from renewables in 2013
The statistics from the Department of Energy and Climate Change (DECC) showed that electricity generation from renewable sources increased by 30% in 2013 compared to the previous year, and accounted for almost 15% of the electricity mix.
read more... 01/08/2014
EDF: French EPR atomic reactor would become the first connected to the grid
The EDF version of so-called EPR nuclear reactors may be the first connected to the grid, overthrowing others also manufactured by Areva in Finland and China, according Henri Proglio, chief executive of state-controlled French utility EDF.
read more... 01/08/2014
Daily: Brent crude slumps amid strong OPEC oil production
Brent crude slipped on signs of strong OPEC oil production, while U.S. crude also declined on Thursday, going below $98 a barrel, reaching the weakest level since March amid news of an eventual closure for indefinite period at a Kansas oil refinery. Brent crude for September delivery closed down 49 cents at $106.02 a barrel, having declining more than 6 percent in July, on track to hit its biggest monthly fall since April 2013. U.S. crude futures for September delivery slipped $2.10 to settle at $98.17 a barrel, on course for a monthly drop of nearly 7 percent, its largest since May 2012.
read more... 01/08/2014
Poland shale gas now thought to be much less promising
Poland cuts the estimate for shale gas drilling, taking a step back from its efforts to find a cheaper alternative to the natural gas imports from Moscow.
read more... 01/08/2014