On Wednesday, U.S. crude stocks increased more than forecasted, while gasoline stocks registered a drop, according to Energy Information Administration.
read more... 13/05/2010
Russia Federation had massively exported gas to several European countries, through its giant gas company Gazprom, to appease the fears about losing market share to its existing rivals.
read more... 12/05/2010
According to the International Energy Agency(IEA), solar electricity could provide up to a quarter of the world's power by 2050, thus cutting greenhouse gas emissions by almost 6 billion tonnes and reducing the dependence on fossil fuels, though government support is imperative in the next decade.
read more... 12/05/2010
Swedish utility Vattenfall and German peer E.ON announced that they cancel the sale process of their joined participation in Gasag, the eastern German gas supplier, as consequence of its weak bid.
read more... 10/05/2010
According to British consultancy Prospex, German gas trading volume increased more than twice in 2009, reaching 955.2 TWh, up from 407.8 TWh in 2008, mainly due to faster merging of gas transmission zones.
read more... 07/05/2010