Latest news
BP in negotiations with Chinese for assets sale.
BP is in negotiations with the third largest Chinese oil company over selling its assets in Argentina’s Pan American Energy.
read more... 12/10/2010
Daily Energy Market Overview 10.11.2010
Oil was up at $83 per barrel on Monday. At 06:46 GMT, U.S. crude for November increased at $83.16 per barrel, while ICE Brent climbed to $84.58 per barrel.
read more... 11/10/2010
Potential for wind power in Brazil.
The second ethanol producer in the world, Brazil wants to develop its alternative sector as wind in the northern part of the country shows immense potential.
read more... 11/10/2010
South Africa seeks coal plant alternative.
South Africa wants to reduce the importance of coal in the country, which accounts for almost all of its electricity supply, to 48 percent.
read more... 11/10/2010
Azerbaijan delays decision for Shah Deniz II gas fields.
Nabucco, the pipeline that should ensure supply of natural gas to the EU, will be delayed as Azeri take longer than expected to make a decision in which project should extract gas from the Shah Deniz II.
read more... 11/10/2010