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OPEC maintains output quotas

The Organization of Petroleum Exporting Countries (OPEC) decided on Saturday at an extraordinary meeting in Quito to maintain current quotas for its production.

read more... 13/12/2010

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Chevron’s $26 billion budget for 2011.

Chevron Corporation announced its $26.0 billion budget for the upcoming year.

read more... 13/12/2010

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Energy Market Overview, Friday, December 10, 2010

Oil continued to increase on Friday, nearby $89 following growing Chinese imports and the International Energy Agency raise of global oil demand forecast.

read more... 10/12/2010

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Energy Market Overview, Thursday, December 09, 2010

Oil prices increased on Thursday on lasting cold weather in Europe and renewed optimism about global economic growth, but later lost some of its gains as the dollar recovered from an earlier weakness.

read more... 09/12/2010

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Gazprom – Shell cooperation.

The Deputy Chairman of Gazprom, Alexander Medvedev, announced on Monday the mutual cooperation between Gazprom and Royal Dutch Shell.

read more... 09/12/2010

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