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US LNG imports are tempered by UK high gas prices

US gas prices have seen a decrease this week, which is not really profitable for LNG shippers to import from European countries, as higher as the European prices proposed better netbacks, according to traders and analysts on Thursday.

read more... 09/04/2010

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Italian electricity prices sharply up, following suspension of Enel’s power plant

Enel has stopped for 15 days generation of electricity at one of its most important power plant in Italy, a coal-fired giant at Civitavecchia, after the death of a 34 year old employee during maintenance works on April, 3.

read more... 07/04/2010

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USA showed more than 10% of renewable energy from total energy production in 2009

According to EIA (Energy Information Administration), renewable energy increased by 5.5 percent in 2009 as compared to 2008, and by 16 percent from 2007.

read more... 07/04/2010

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Russian Oil Production established a record in March

Official data show that Russian oil production increased to a record high, from 10.08 billion barrels per day in February to 10.12 billion barrels per day in March. This was conditioned by factors, such as: rising demand and prices on the global market, the recovering global economy, etc.

read more... 02/04/2010

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The largest solar project in Italy in 2010

SunPower, along with Sol.In.Build Srl, a majority owned subsidiary of Veronagest SpA, signed a deal to install 7 photovoltaic plants, of 16.4 GW, on across 63 hectares in Sicilian region of Italy, each plant having amid 1 MW and 3.5 MW.

read more... 02/04/2010

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