Latest news
Equatorial Guinea signs five oil concession deals.
One of Africa’s largest oil producers, Equatorial Guinea, signed five concession deals, two of which were with Russia's Gazprom Neft that declared in June that they were hoping to sign a production-sharing agreement with the African nation for two oil offshore blocks.
read more... 29/09/2010
Norway worried about power supplies for winter to come.
Last year has proven to be a difficult one for Nordic countries as prices for power reached all-time highs as temperatures were lower than usual and Swedish nuclear reactors had outages concerns.
read more... 29/09/2010
Daily Energy Market Overview 09.28.2010
Crude was down at $76 per barrel on Tuesday. At 06:46 GMT, U.S. crude for delivery in November decreased $0.65 to $75.87 per barrel, while ICE Brent fell $0.67 to $77.90 per barrel.
read more... 28/09/2010
A new solar plant in California.
The solar photovoltaic facility will be constructed in three projects that will start this month with a capacity of 45 megawatt and for a total sum of $220 million. This project appears as California regulators voted last week to raise the state’s renewable energy objective to one third by 2020.
read more... 28/09/2010
Russia and China make a 150 billion dollar deal.
The number one producer of crude makes a deal with the number two consumer worth about $150 billion over the next 20 years. This deal comes as the pipeline ESPO (East Siberia to Pacific Ocean Pipeline) was finished, which has a capacity of 300,000 barrels per day and a length of 925 km.
read more... 28/09/2010