Latest news

Statoil to explore deepwater prospect in Gulf of Mexico

The Norwegian oil firm said on Wednesday that it is buying a stake in a deepwater prospect, called Kakuna in the Gulf of Mexico, operated by Nexen, a global energy leader based in Canada.

read more... 10/06/2011

news

Russia and China against sanctions to Syria over its nuclear programme

Syria’s international reputation suffered on Thursday after the United Nations nuclear watchdog voted to report the country to the Security Council, accusing Syria of a covert nuclear reactor construction and its unwillingness to cooperate with investigators.

read more... 10/06/2011

news

It’s official, no more nuclear in Switzerland by 2034

Switzerland decided on Wednesday to gradually phase out its five nuclear reactors by 2034, a theme debated among politicians and uprising doubts concerning nuclear energy. The act was approved with 101 voters in favor, 54 against and 36 abstentions.

read more... 09/06/2011

news

Daily energy Overview, Thursday, June 09, 2011

U.S. and Brent crude futures increased on Wednesday following OPEC’s failure to increase the output and API inventory data indicating a sharp drop in crude oil stocks last week.

read more... 09/06/2011

news

China exceeds US as world’s largest energy consumer in 2010

China became the world's top energy consumer in 2010, surpassing the USA during a year, according to the report “Statistical Review of World Energy” released by BP.

read more... 09/06/2011

news