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Daily – U.S. crude at highest settlement since August 4

U.S. and Brent crude oil futures pared gains on Wednesday on released industry data about a deeper decrease in domestic crude stocks previous week and on lasting absence of Libyan oil in the market and bad weather in the Gulf of Mexico.

read more... 08/09/2011

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OSPRAG summit highlights the oil spill prevention in UK

Oil & Gas UK, a representative organization for the country's offshore oil and gas industry will organize a summit in Aberdeen on September 21st, called UK Oil Spill Prevention and Response Group (OSPRAG), which will provide a comprehensive overview of the joint approach taken by the industry and its regulators to further improve the UK’s prevention of and response to a major well control incident.

read more... 23/08/2011

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Statkraft to develop several wind farms

Statkraft announced the start of the development of a new wind farm in Sweden, Stamåsen 1, of 60 MW and worth 108 million euros, which will complete the company’s portfolio with the second wind farm under construction in Central Sweden, thus consolidating its position as the largest energy actor in the European renewable energy industry.

read more... 19/08/2011

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California to boost investments in rooftop power

The California’s Governor, Jerry Brown met solar developers, economists, policymakers and politicians as to discuss over the future strategy of the renewable industry by investing more in rooftop solar panels.

read more... 27/07/2011

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Daily energy Overview, Wednesday, July 27, 2011

U.S. crude oil futures decreased in the post-settlement trading on Tuesday on industry data indicating an increase of 4.0 million barrels in domestic crude stocks last week against forecasts for a decrease. By 20:34 GMT, NYMEX crude for September delivery settled at 99.10 dollars a barrel, losing 10 cents.

read more... 27/07/2011

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