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Daily: Crude oil slips on Iran’s president nuclear talks
Crude oil dropped around $1 a barrel on Tuesday on Iran’s new president initiative to negotiate with West over Tehran’s controversial nuclear program and following a slide of U.S. gasoline prices dragged down by a sell-off in ethanol credits. Meanwhile, U.S. oil declined $1.26 to settle at $105.30 per barrel, hitting a session low of $104.86 a barrel. Brent crude slipped 52 cents to close at $108.18 per barrel, having fallen to a low of $107.46.
read more... 07/08/2013
EDF is turning the page of nuclear in the United States
French energy group EDF, which is a leading energy player and the largest operator of nuclear plants in the world, announced is abandoning nuclear energy in the United States, citing the impact of cheaper shale gas that transformed the market.
read more... 31/07/2013
Daily: European spot power boosts on weak nuclear availability in France
Brent crude oil traded higher on Monday as supply disruptions in Europe offset previous’ week losses, while cautious investors were eager for the results of U.S. Federal Reserve meeting. Supply disruptions in Libya, Iraq and elsewhere have withdrawn over 500,000 barrels per day from the market.
read more... 30/07/2013
Fessenheim- France’s oldest nuclear power plant to close by 2016
French Environment Minister Philippe Martin, in an interview with Le Journal de Dimanche, has announced that the country's oldest nuclear plant of Fessenheim, northeastern France, is expected to be closed by the end of 2016, as promised also by the French president Francois Hollande during the electoral campaign.
read more... 24/07/2013
European Commission to enact potential nuclear power subsidies
The European Commission is set to enact new draft guidelines for subsidies to nuclear power projects.
read more... 23/07/2013