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New power plant in Qatar by 2016.

Qatar plans to build a power plant to meet increasing demand even though it has currently an electricity surplus.

read more... 07/10/2010

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TNK-BP wants to expand further.

The Russian company that is a mixture between BP and Russian investors is looking to acquire BP’s assets in Algeria, after entering negotiations for other BP assets in Vietnam and Venezuela.

read more... 07/10/2010

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Daily Energy Market Overview 10.06.2010

Oil prices have changed a little on Wednesday. At 06:08 GMT, the November contract increased by $0.02 arriving to $82.84 per barrel on Wednesday, while ICE Brent for November dropped by $0.02 at $84.82 per barrel.

read more... 06/10/2010

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China wants emissions talks.

A top Chinese official declared Tuesday that the greenhouse emissions cuts of the wealthy nations do not ensure the prevention of global warming. That said, China's National Development and Reform Commission thinks that the emerging economies should have a larger part in these emissions, thus allowing them to develop.

read more... 06/10/2010

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Strike continues in French port and could cause shortages.

The French port of Fos-Lavera near the Mediterranean port of Marseille remains blocked, as more tankers with crude and oil products wait.

read more... 06/10/2010

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