Latest news
Daily: UK gas settles higher during cold weather
Brent crude and U.S. crude oil futures eased by more than 1 percent and 2.5 percent respectively on Thursday, dragged down by bearish economic data and the U.S. Federal Reserve’s possibility to slash its economic stimulus program.
read more... 22/02/2013
UK threaten by an imminent energy crisis, Ofgem warns
The UK is on the verge of being hit by an energy crisis that will leave it dependent on imported natural gas, warns Ofgem's chief executive Alistair Buchanan.
read more... 22/02/2013
UK energy bills set to rise
According to Ofgem Chief Executive Officer Alistair Buchanan, UK household energy bills are probable to increase significantly in the coming years, with the share of generating capacity from gas doubling as old oil and coal stations close.
read more... 20/02/2013
Northeast China gets its first nuclear power station since Fukushima disaster
The first nuclear power plant and the largest energy project in Northeast China since the accident at Japan's Fukushima Dai-Ichi plant in 2011 started operation on 17 February.
read more... 20/02/2013
Daily: UK gas drops on milder weather, on oversupply
Brent and U.S. crude oil futures dropped on Friday, dragged down by bearish U.S economic data and worries about euro zone economy. Brent April crude slipped 34 cents, or 0.29 percent, to settle at $117.66 a barrel, having traded $116.28 to $118.11, posting a weekly loss of $1.24, or 1.0 percent. Meanwhile, U.S. March crude eased by $1.45, or 1.49 percent, to settle at $95.86 a barrel, having traded from $95.21 to $97.47 and posting a slight weekly gain of 14 cents.
read more... 18/02/2013