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Daily – power prices down on bearish prompt prices

U.S. and Brent crude oil futures were mixed on Wednesday on released report about a decrease in U.S. gasoline stocks last week and low North Sea crude supplies.

read more... 01/09/2011

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Daily energy Overview, Friday, June 10, 2011

Brent crude oil futures increased on Thursday, having hit a five-week high as OPEC’s failure to increase oil production spurred more worries on supplies. ICE Brent crude oil for July delivery valued 119.57 dollars, up 1.72 dollars, having hit the utmost level since May 4.

read more... 10/06/2011

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A $7bn LNG plant near Vladivostok

Gazprom and a consortium of Japanese companies will invest $7 billion in the construction of a LNG plant in the Far Eastern Russia, near the Pacific port of Vladivostok, as the Russian giant plans to boost its natural gas supplies to Europe.

read more... 27/05/2011

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Swiss government votes to phase out nuclear power by 2034

Nuclear power supplies 40% of Switzerland’s electricity, but under the pressure from the largest anti-nuclear protest of the last 25 years, at which participated about 20,000 people, the Swiss government has proposed a complete decommissioning of nuclear power by 2034.

read more... 26/05/2011

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Ukraine wants smaller prices for Russian natural gas delivery

Alexei Miller, Gazprom Chief Executive Officer visited Kiev on Tuesday, May 24 for talks with Energy and Coal Industry Minister Yuriy Boiko to negotiate prices for natural gas supplies to Ukraine.

read more... 25/05/2011

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