Latest news
Petroleum activities on the Norwegian continental shelf
The Norwegian oil adventure started with the discovery of Ekofisk in 1969 with the exploration activity that was concentrated on the North Sea. Ekofisk is the largest field on the Norwegian continental shelf, considered in terms of daily oil production and serves as a hub for petroleum operations in this region, with several fields utilizing the infrastructure at Ekofisk for further transport in the Norpipe system.
read more... 26/08/2013
Daily: German power prices up on lower solar power production
On Thursday, Brent crude remains above 110 dollars per barrel on optimistic data from China, the world's second largest oil consumer after the U.S. The U.S. crude oil benchmark, WTI, was traded at a discount to Brent of $5.50 after signs that US firms were diverting oil to Cushing, Oklahoma storage hub for the first time in the last year
read more... 23/08/2013
Coal- a strategic energy source for Ukraine
Coal production in Ukraine has reached its pre-crisis levels, has announced Ukrainian president Viktor Yanukovych yesterday. Coal production has increased by about 15 million tons in comparison to 2009 levels.
read more... 23/08/2013
China’s coal production declined in the first 7 month of the year
China is the world’s largest producer and consumer of coal, with official data showing its coal production at 3.66 billion tons in 2012. According to the IEA, China is responsible for 47 percent of global coal consumption, becoming a net importer in 2009.
read more... 20/08/2013
IEA: Coal demand will continue to grow in the next years to come
According to a new report recently released by the International Energy Agency (IEA) coal could become the world's top energy source by 2017 along with oil. The IEA expects an increase in coal demand all over the world except the US, where natural gas is replacing the black mineral as feedstock for the production of electricity.
read more... 09/08/2013