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Higher competition on solar market.

The solar energy market has proven to be in the last years one of the most prominent registering up to 30 percent of growth. Thereby, countries like China, give loans of billions of dollars to expand their businesses.

read more... 04/10/2010

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Argentina builds second LNG port.

Argentina decided to build its second Liquefied Natural Gas (LNG) port, therefore to double its import capacity, as it’s seeing growing demand and decreasing production. The deal has been made between Excelerate Energy and Argentina's state-owned utility Enarsa.

read more... 04/10/2010

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Nabucco encounters competition for Azerbaijan gas.

The talks with Baku for turn out to be more complicated than first estimated as the Azeri government declared that the contract will go to whoever offers the highest price.

read more... 04/10/2010

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Daily Energy Market Overview 10.01.2010

Oil was up back above $80 on Friday. At 06:45 GMT, U.S. crude for November increased $0.63 to $80.60 per barrel, while ICE Brent for November climbed $0.66 at $82.97 per barrel.

read more... 01/10/2010

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Exxon started extracting Russian oil.

Oil production has begun from the Odoptu field at the Sakhalin-1 project in offshore northeastern Russia, on schedule and within the projected costs. It is expected to add up to 11 million barrels to oil production in 2011

read more... 01/10/2010

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