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Energy Market Overview, Friday, December 10, 2010

Oil continued to increase on Friday, nearby $89 following growing Chinese imports and the International Energy Agency raise of global oil demand forecast.

read more... 10/12/2010

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New biofuel breakthrough.

Dynamic Fuels opened a plant with a capacity of 75 million gallons that turns animal fat into renewable diesel.

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5bn USD investment in Argentinean unconventional gas.

The Argentinean energy company YPF, owned by Spain's Repsol, announced the investment of about $5 billion along with its partner, the Brazilian company, Vale.

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GE Hitachi Nuclear Energy seeks renewal of its license for the ABWR.

GE Hitachi Nuclear Energy (GEH) submitted before the U.S. Nuclear Regulatory Commission (NRC) a request to renew its license for the Advanced Boiling Water Reactor (ABWR) technology.

read more... 10/12/2010

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Energy Market Overview, Thursday, December 09, 2010

Oil prices increased on Thursday on lasting cold weather in Europe and renewed optimism about global economic growth, but later lost some of its gains as the dollar recovered from an earlier weakness.

read more... 09/12/2010

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