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Spain to increase diesel production capacity

Spain's Cepsa officially opened its Huelva refinery on Wednesday, after completed its plant extension, in order to double the oil production capacity to 200,000 barrels per day, according to oil company official.

read more... 28/10/2010

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Norwegian solar energy is beating expectations

Norwegian solar energy group REC reported an 82% increase in third-quarter core earnings on Wednesday, beating all expectations coming from 18 analysts.

read more... 28/10/2010

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Daily Market Update, Wednesday, October 27, 2010

Oil was down below $82 per barrel on Wednesday, because of unstable dollar movements up and down. At 10:46 GMT, U.S. crude for December decreased at $81.86 per barrel, down 3% from a five-month high of $84.43 reached on October 7, while ICE Brent decreased at $83.00 per barrel.

read more... 28/10/2010

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U.K. seems to lose positions face to Asian gas markets

Three liquefied natural gas tankers are expected to deliver to the UK's Isle of Grain terminal before the end of October.

read more... 27/10/2010

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France refineries to resume its activity

Fuel deliveries, restarted at 4 of France’s 12 oil refineries Tuesday, help to consolidate shortages of petrol. Exxon Mobil restarted the refined products deliveries stored at Fos-sur-Mer and Port-Jerome refineries, and at Petroplus' Reichstett plant, after workers decided to end their protests.

read more... 27/10/2010

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