Latest news
Russia launched its first renewables tender to spur green energy generation
Russia, being an oil and gas giant, has launched its first renewable energy tender, auctioning about 500MW in capacity, mostly to solar projects.
read more... 31/10/2013
Daily: Crude oil prices mixed, spread widens
Crude oil prices were mixed on Wednesday, with Brent trading higher, encouraged by disruptions in Libyan oil exports and with U.S. oil trading lower for a second consecutive day on large inventory data.
read more... 31/10/2013
Norwegian oil giant Statoil saw its profits slip in the third quarter of 2013
Norwegian oil giant Statoil announced a decrease of about 6% in its net income in the third quarter of this year. The company's net profit was 13.7 billion Norwegian kroner ($2.4 billion), compared to the same period of a year before, when it registered with NOK 14.5 billion.
read more... 30/10/2013
Daily: Brent crude prices rocket 2.5 pct on Libya output decline
Brent crude futures rocketed 2.5 percent on Monday following Libya’s oil exports reduction, while the U.S. dollar rose, but held close to a nine-month low against a basket of currencies as Fed policy continued to ascertain the greenback's trend.
read more... 29/10/2013
Daily: European spot power drops on huge wind power output
Brent crude oil dropped below $107 a barrel on Friday on fears about higher supply and shaky demand, even if China posted its faster economic growth.
read more... 28/10/2013