Russia filed a lawsuit against Bulgaria’s National Electric Company (NEK) in order to accelerate the construction of the Belene nuclear power plant, the first in the EU that is totally dependent on Russian technology.
read more... 25/07/2011
U.S. crude oil futures increased to above 100 dollars on Thursday, having hit the utmost level in more than four weeks on weaker dollar as the Philadelphia Federal Reserve released report on business conditions. NYMEX crude for September delivery traded at 99.84 dollars a barrel, up 1.44 dollars, after registering the utmost level of 100.10 dollars a barrel since June 10.
read more... 22/07/2011
U.S. and Brent crude oil futures increased again on Wednesday on rising optimism that the euro zone and US debt issues would be resolved. NYMEX crude contract for September delivery traded at 98.40 dollars a barrel, lifting 54 cents after a trading range between 96.93 and 99.37 dollars, while ICE Brent crude for September delivery settled at 118.15 dollars a barrel, up 1.09 dollars, after trading from 117.06 to 118.86 dollars.
read more... 21/07/2011
EDF, France’s electricity giant, announced on Wednesday that it is slowing down the building of a new generation nuclear reactor in France by two years and at a nearly double cost than the estimated one, following a couple of deadly accidents and safety reviews requested after the Fukushima disaster.
read more... 21/07/2011
U.S. crude oil futures pared gains in the post-settlement trading on Tuesday after industry data indicated a huge drop in domestic crude inventories last week. By 20:35 GMT, U.S. crude for August delivery settled at 98.05 dollars a barrel, up 2.12 dollars.
read more... 20/07/2011