Latest news
China boosts nuclear capacity
China's installed nuclear power capacity in 2015 will reach 42 GW, accounting for 10% of the world's total, according to the official Xinhua news agency.
read more... 17/07/2013
Daily: UK gas prices drop on warmer weather forecast
Crude oil futures registered a slight increase on Monday in thin trade, reversing earlier losses, as the market assimilated mixed economic and industry data from the United States and China, the greatest oil consumers in the world. Brent crude front-month edged up 28 cents to settle at $109.09 a barrel, after earlier dropping below $108 a barrel. The August contract expires on Tuesday. Meanwhile, U.S. crude oil traded 37 cents up to close at $106.32 a barrel after slipping below $105 earlier in the session, following the publication of the U.S. retail sales data.
read more... 16/07/2013
Daily: Brent trades steady below $108 after retreating from three-month peak
Brent crude remained unchanged below $ 108 a barrel on Friday, after retreating from a three-month high in the previous session as the expectations of more supply from non-OPEC producers and concerns about China's demand growth cut gains. Meanwhile, Brent crude for August delivery dropped 8 cents to $107.65 a barrel by 04:58 GMT, after hitting a low of $107.28. U.S. crude traded at $104.84, down 7 cents, remaining on track for a third weekly increase. It registered a considerable decline in nearly three weeks on Thursday after touching a 16-month high at $107.45, following fears of a supply squeeze at the contract's delivery point in Cushing, Oklahoma, eased on a pipeline outage.
read more... 15/07/2013
Daily: British gas prices drop on oversupply, warm weather
Brent crude dropped towards $107 on Wednesday on worries about weakness in the recovery of China, the world's second biggest oil consumer, while U.S. crude traded higher after data showed a bigger-than-expected fall in crude oil stockpiles.
read more... 11/07/2013
India to become world’s largest coal importer in 2014
India could become the world's main importer of coal for power stations by the next year as China burned the fuel in 2012 at the slowest pace since 2008 and is trying to shift to green energy alternatives, meanwhile India is burning coal at the fastest pace in the last 30 years.
read more... 01/07/2013