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Total makes a major discovery in the Barents Sea

Total EP Norge AS, operator of production license 535,along with its partners Rocksource, Det Norske and North Energy has announced a gas discovery on the Norvarg prospect in the Barents Sea. This is Norway’s second large gas discovery in the area this year.

read more... 09/08/2011

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Thames Water delivered 450 kW solar panels to British desalination plant

Thames Water, has commissioned 450 KW arrays of solar panels at its water desalination plant (Beckton), as a part of Britain’s biggest on-site solar power producer and industrial user situated on 150,000 m³/d area. According to the 25-year contract and worth £7 million, Ennoviga Solar Ltd, has created an investment company that will own and maintain the solar park, and will recover its investments by selling the green power produced to the water company.

read more... 09/08/2011

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GDF Suez to ink a deal with China Investment Corp

GDF Suez is near to ink a deal in which China Investment Corp. (CIC) would take a 30% stake in the French energy company's exploration and production business for as much as €3billion ($4.3bn).

read more... 09/08/2011

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Daily energy Overview, Tuesday, August 09, 2011

U.S. and Brent crude oil futures pared huge losses on Monday, having hit the lowest level since February after a U.S. credit downgrade sparked financial and commodity markets. U.S crude for September delivery traded at 81.31 dollars a barrel, down 5.57 dollars, registering the lowest level since November 23, 2010, when it closed the session at 81.25 dollars a barrel.

read more... 09/08/2011

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Daily energy Overview, Monday, August 08, 2011

U.S. and ICE Brent crude oil futures increased on Friday after three days of consecutive looses backed by a higher than expected increase in U.S. jobs data for July and a pipeline fire in Iran.

read more... 08/08/2011

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