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UK: new generation of nuclear reactors could recycle radioactive waste into fuel

While many nations around the world are abandoning nuclear energy in the wake of the Fukushima nuclear catastrophe, the UK is planning building new power reactors that will be able to recycle nuclear waste into new-generating fuel.

read more... 03/02/2012

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Construction South Stream project to start in December 2012

Following the authorization from Russian Prime Minister Vladimir Putin, the energy major Gazprom decided to speed up considerably the implementation of the South Stream gas project.

read more... 03/02/2012

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New agreement between Yingly Green Energy and IBC

Yingli Green Energy inked a new agreement with IBC for supplying of up to 200 MW of solar modules in 2012. Under the terms of agreement, the company agreed to provide 180 MW of multi-crystalline and non-crystalline PV modules to IBC during the year of 2012, while IBC will get the option to acquire another 20 MW in 2012.

read more... 02/02/2012

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Daily – U.S. crude futures extend losses

U.S. crude oil futures continued to go down on Wednesday as an earlier government report indicated rising crude oil and gasoline stockpiles which pressured oil prices. NYMEX crude for March delivery settled at 97.63 dollars a barrel, losing 85 cents after a trading range between 97.43 and 99.49 dollars.

read more... 02/02/2012

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Russia cut its gas supplies to Europe by 8-10%

Russia has restricted gas supplies to some European countries as Italy, Poland and Slovakia by 8-10% on Wednesday, a lower level than the usual of 1100 GMT.

read more... 02/02/2012

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