Latest news
Bayer to migrate outside Germany over high electricity prices
The German major pharmaceutical company, Bayer warned that it may be forced to leave the country and to migrate its production to other countries, due to the Germany’s decision to phase out nuclear energy by 2022, a move that would push the electricity prices up.
read more... 08/08/2011
Daily energy Overview, Friday, August 05, 2011
U.S. and Brent crude oil futures sharply decreased by more than 5 percent on Thursday, registering its highest one-day percentage loss since June 23 as investors sparked risks on rising worries over slowing economic growth.
read more... 05/08/2011
Good Energy makes power prices more accessible
While the main energy companies in the UK, known as 'big six' will raise its prices for electricity across the board, one of the smaller energy suppliers, called Good Energy, has pledged to hold electricity prices unchanged until at least 2012.
read more... 05/08/2011
Daily energy Overview, Thursday, August 04, 2011
U.S. and ICE Brent crude oil futures paired loses on Wednesday driven down by an increase in U.S. oil inventories and rising worries over slowing economic growth and data indicating low fuel demand that suddenly decreased gasoline futures.
read more... 04/08/2011
UK to close a nuclear plant in the light of Japanese disaster
The sole plant in the UK, known for processing plutonium into new fuel for nuclear reactors is to close as a result of the Japanese tsunami, threatening the loss of hundreds of jobs.
read more... 04/08/2011