Latest news
Strike continues in French port and could cause shortages.
The French port of Fos-Lavera near the Mediterranean port of Marseille remains blocked, as more tankers with crude and oil products wait.
read more... 06/10/2010
German utilities conclude a risky deal.
The four operators of nuclear power in Germany made a deal, last month, with the government, agreeing to extend the life of the plants by a 12 year average.
read more... 06/10/2010
Daily Energy Market Overview 10.05.2010
Oil prices were up on Tuesday. At 07:46 GMT, U.S. crude for November climbed $0.20 arriving to $81.67 per barrel. ICE Brent for November increased up to $83.43 per barrel.
read more... 05/10/2010
Sarnia – world’s biggest solar plant.
The largest operational photovoltaic power-generating station on the planet was built by First Solar and is owned by Enbridge. It is located just outside of Sarnia, just southwest of Ontario and it is composed of about 1.3 million panels on a surface of 1150 acres.
read more... 05/10/2010
Further tensions with Iran’s nuclear activity.
Tensions over bomb making nuclear activity continue between Teheran and the U.S. as more companies abandon their activities in Iran each day due to pressure. Although earlier this year European major oil companies said they would not renounce to their activity in the country, four of them will retreat from Iran, announced Thursday the U.S. Deputy Secretary of State James Steinberg.
read more... 05/10/2010