Latest news
Gas demand in Spain drops after 4-months recovery
On Thursday, Spain’s gas grid operator Enagas registered a 3.4% drop in April gas demand, compared to the same period in 2009, after four months recovery.
read more... 14/05/2010
Saras Spa registers drop of earnings
Saras SpA, Italy's third major refiner, registered an accentuate drop of its basic earnings in the first quarter, as consequence of its weak refining margins and maintenance activity.
read more... 14/05/2010
U.S. Renewables Group targets a fund for renewable energy projects in China
U.S. Renewables Group, which has various investments in renewable energies across North America, plans to raise a fund of up to 2 billion Yuan (293 million USD) for renewable energy projects in China.
read more... 13/05/2010
Increase in crude oil inventories
On Wednesday, U.S. crude stocks increased more than forecasted, while gasoline stocks registered a drop, according to Energy Information Administration.
read more... 13/05/2010
Russia and Turkey agreed on nuclear power plant deal
On Wednesday, Russia has signed a nuclear power plant project with Turkey amounting $20 billion, in order to establish a strong partnership after two Cold War-era rivals. Russia will be responsible for this project by owning a controlling stake.
read more... 13/05/2010