On Thursday, oil prices hold around $ 80 per barrel, as a consequence of the U.S. worries over Greece’s economic situation.
read more... 06/05/2010
Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.
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According to the Ministry of Environment and Rural Affairs data from Tuesday, hydroelectric reservoirs have risen to the highest levels since 1998, enough to generate 16.671 GWh, having risen 44 GWh since last week.
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Oil prices fell again on Wednesday, descending to $82 per barrel, a steep decline, due to significant oil stocks and dollar increase.
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Swissgrid, the manager of the Swiss electric transport, made public its tariffs for 2011, which increased with 8%, compared to the 2010 rates determined by ElCom.
read more... 05/05/2010