Latest news
Government announces “radical” reforms on the British energy market.
The reform arises from the advice of Committee on Climate Change which expressed its concerns about excessive carbon emissions.
read more... 17/12/2010
Caspian Pipeline Consortium (CPC) approved the expansion of the Caspian pipeline.
The shareholders and governing bodies of the Caspian Pipeline Consortium (CPC) approved the budget for expansion of the Caspian pipeline, announced Chevron Corporation.
read more... 16/12/2010
OPEC expects increase in global oil consumption in 2011.
OPEC forecasts an increase in the global oil consumption by 1.2 million bpd to 87.11 million bpd in 2011.
read more... 16/12/2010
Daily Energy Overview, Thursday, December 16, 2010
Crude oil futures continued to drop on Thursday, with January contract down 37 cents to $88.25 a barrel by 13:37 GMT, after mixed U.S. economic data and euro zone debt concerns overshadowed the large drop in crude stocks last week.
read more... 16/12/2010
Civilian nuclear deal enables U.S., Russia to develop nuclear reactors.
One of the practical application of a new civilian agreement between Russia and United States could be the common development of nuclear reactors, sustained a Russian lawmaker on Tuesday. The so-called 123 agreement which focuses on closer cooperation on nuclear research, production and trade entered into force on 9th of December.
read more... 15/12/2010