On Monday, July 18, the British parliament voted through the Coalition's National Policy Statement for nuclear power, ratifying the program for new generation of British nuclear power stations, following the review of electricity market reform white paper.
read more... 20/07/2011
U.S. and Brent crude oil futures sank on Monday following a sudden drop in prices supported by rising worries about a dissonant debt crisis in the euro zone and a hot dispute in the United States. By 14:15 GMT, NYMEX crude for August delivery valued 95.10 dollars a barrel, down 2.14 dollars, having hit in an earlier trading a high value of 97.69 dollars. ICE Brent for September delivery settled at 116.05 dollars, down 1.21 dollars after a trading range from 114.66 to 117.80 dollars.
read more... 19/07/2011
U.S. crude oil futures continued to rise on Friday as weaker dollar sparked more worries and as investors covered short positions before the weekend. NYMEX crude for August delivery settled at 97.49 dollars a barrel, up 1.80 dollars, after having hit earlier a high session level of 97.74 dollars.
read more... 18/07/2011
Yesterday, the U.K. government released its long-awaited Energy Market Reform White Paper which will decide the future of the energy industry for the next 20 years.
read more... 13/07/2011
U.S. crude futures traded higher on Thursday as data about a better than expected situation in the private hiring sector and retail sales reports supported optimism that the economic growth was on the upturn direction.
read more... 08/07/2011