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UK: Carbon capture to reduce energy costs by £45 billion by 2050
According to a research commissioned by the Government, improvement in the expansion of carbon capture and storage (CSS) technology could reduce energy costs in the UK by 45 billion pounds by 2050.
read more... 21/08/2012
IAEA: Nuclear energy will increase significantly in the years to come
Production of nuclear energy worldwide is expected to increase considerably in the years to come. Despite phase-out of nuclear energy of Germany and Japan following the nuclear disaster at Fukushima, China and the United States focus their attention on next- generation reactors.
read more... 20/08/2012
Daily: Brent up to $114 on tight supplies from the North Sea
Brent crude increased to 114 dollars per barrel on Monday on tight supplies from the North Sea due to a UK oilfield closed for maintenance work. Brent oil for October was traded up 66 cents at 114.37 dollars per barrel at 08:50 GMT, after having dropped over 2 dollars on Friday on expectations that U.S. might release some of its reserves. Meanwhile, U.S. crude oil traded up 10 cents to 96.11 dollars.
read more... 20/08/2012
Daily: UK gas prices down on weak demand
Brent crude declined below 114 dollars per barrel on Wednesday and despite a supply disruption, hopes that the central bank will intervene to encourage the global economy kept the prices near three-month highs. Brent crude slipped 10 cents to $113.93 per barrel by 10:53 GMT, while U.S. crude traded down 13 cents to $93.30.
read more... 15/08/2012
Daily:UK gas prices up on low supplies from Norway
Brent crude rose close to $114 a barrel on Tuesday after the European economic data were not as weak as expected and ahead of a U.S. report likely to show a fall in oil stockpiles. By 10:28 GMT, Brent crude climbed 34 cents to $113.94 a barrel, after settling 65 cents up at its highest level since May, while U.S. crude rose 38 cents to $93.11 a barrel.
read more... 14/08/2012