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Daily energy Overview, Tuesday, June 21, 2011
Crude oil futures were mixed on Monday on worries about Greek debt crisis. U.S. crude contact for July delivery, which expires on Tuesday, traded at 93.26 dollars a barrel, up 25 cents, after a trading range between 91.14 and 93.49 dollars. Meanwhile, ICE Brent crude for August delivery valued 111.69 dollars a barrel, down 1.52 dollars, after a trading range from 111.23 to 113.38 dollars.
read more... 21/06/2011
Chris Huhne calls for a “green environment”
England’s energy and climate minister, Chris Huhne will meet today the European environmental ministers to discuss on the targets required to meet the EU 2050 low carbon goal.
read more... 21/06/2011
Lithuania and a U.S. Company to strengthen shale gas cooperation
The Ministry of Energy announced on June, 14 in a press release that it led negotiations with an US company concerning the extraction of natural gas from its shale rock layers and starting production of shale gas in Lithuania. But the official refused to reveal the name of the US company, due to a confidentiality request by the US company representatives.
read more... 21/06/2011
IAEA calls for more stringent nuclear safety inspections
The UN nuclear chief is urging worldwide countries to perform international risk assessments on nuclear reactors within 18 months to avoid the recurrence of atomic disasters such as the one at Fukushima.
read more... 21/06/2011
Daily energy Overview, Monday, June 20, 2011
Crude oil futures traded down on Friday on lasting worries about Greece’s debt and U.S. slow economic growth. U.S. crude oil for July delivery traded at 93.01 dollars a barrel, down 1.94 dollars, having hit the lowest level since the February 18, when it registered a level of 86.20 dollars.
read more... 20/06/2011