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The UK parliament ratifies the program for building new nuclear plants

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

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Daily energy Overview, Thursday, June 30, 2011

U.S. and Brent crude oil futures increased on Wednesday, on data indicating a sharp weekly drop in crude stockpiles and as the dollar index stayed weak following the approval of an austerity plan by the Greek parliament. U.S. crude for August delivery settled at 94.77 dollars a barrel, up 1.88 dollars, after a trading range between 92.66 and 95.84 dollars. ICE Brent crude for August delivery increased to 112.40 dollars a barrel, after trading from 108.78 to 112.40 dollars.

read more... 30/06/2011

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Daily energy Overview, Wednesday, June 29, 2011

U.S. crude oil futures continued to increase in the post-settlement trading on Tuesday on industry data indicating a 2.7 million barrel drop in crude inventories last week. Meanwhile, ICE Brent crude oil futures traded up for a second consecutive day on Tuesday on hopes that Greek Parliament would approve an austerity plan to beat debt crisis, while dollar index weakened pushing investors to buy riskier assets.

read more... 29/06/2011

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French lawmakers debate the ban on shale gas drilling technique

The French lower house of parliament adopted on Wednesday a ban on the controversial technique for extracting shale gas, following the concerns about ground water contamination.

read more... 12/05/2011

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A new tax for nuclear energy in Germany

German parliament proposed the introduction of a new tax on nuclear energy. The tax would constitute 220 euros/gramme of nuclear fuel, and it would rise as long as plants will continue operating.

read more... 19/07/2010

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