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Libyan authorities to fight against rebel oil deals

The Libyan government announced on Wednesday that they will take to court any international company which will perform energy agreements with rebels. At this moment, rebels manipulate some oil infrastructure from the eastern Libya.

read more... 01/04/2011

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Daily energy Overview, Thursday, March, 31, 2011

U.S. and Brent crude oil prices went down on Wednesday in thin trading dragged down by unprecedented high stockpiles at the Cushing delivery point for U.S. crude even as uncertainty in the Middle East countries and Libya reduced losses.

read more... 31/03/2011

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Vestas to supply 44 MW wind turbines to Swedish Eolus Vind

The Danish company, currently the world’s leading manufacturer of wind turbines, Vestas, has received an order for the delivery of wind-turbines to Swedish wind power developer Eolus Vind. The wind-turbines will be installed at the Tolvmanstegen wind park in the Stromstad Municipality, Sweden.

read more... 31/03/2011

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Tax hike pushes oil firms to halt its North Sea investment projects

Two more giant energy companies, Scottish Gas, owned by Centrica and Valiant Petroleum have postponed their investment projects in the North Sea following a recent tax hike on oil production in the U.K.

read more... 31/03/2011

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Japan’s nuclear crisis strikes Germany

As worries spread around the world after the detection of plutonium in soil samples that came from crippled Fukushima nuclear reactor, polls in Germany show that 52% of respondents wanted nuclear power phased out completely in the near future, and it was confirmed at recent elections in the German State Baden-Württemberg, where Angela Merkel, head of Christian Democratic Party in Germany, had lost control of this region for the first time in last six decades.

read more... 31/03/2011

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