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Lower fuel prices in Nordic countries

The drop in forward electricity prices in Nordic countries was caused basically by the wet weather and by the drop of the fuel prices.

read more... 15/07/2010

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Coal prices remain stable

European coal prices remain constant this week, despite more trading activity. South Africa, the most important coal exporter to Europe, maintains its prices around $91 per tonne.

read more... 15/07/2010

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Lukoil close to obtaining a tax reduction for Caspian Sea developments

Lukoil applied for a tax reduction for its oil exploitations in Caspian Sea from Finance Ministry of Russia. The tax cut will save Lukoil approximately $460 million for 2011.

read more... 14/07/2010

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Lufkin to build its first plant in Romania

Lufkin, an American oilfield and power transmission products supplier, announced its intention to build a production plant near Romanian oil center, Ploiesti.

read more... 14/07/2010

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Oil export duty in Russia might increase in August

Russia’s export duty might rise in August based on the oil price gains on the world market in June.

read more... 13/07/2010

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