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The DANISH ENERGY STRATEGY 2050 is unveiled

The Danish government has disclosed its “Energy Strategy 2050” which is aimed to achieve the country’s independence from coal, oil and gas by 2050 and significantly reduce its greenhouse gas emissions.

read more... 23/05/2011

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Daily energy Overview, Thursday, May 20, 2011

Oil increased on Friday driven more by a weaker dollar and firmer stock markets in Europe and Asia than by supply and demand fundamentals. Oil prices consolidated this week after both crudes lost between $15 and $20 in the prior two weeks. By 10:00 GMT, U.S. light crude oil futures for June, which will expire later on Friday, traded at $99.08 per barrel, up 64 cents, after hitting an intra-day high of $99.60. Meanwhile, Brent crude for July traded at $111.87, up 45 cents.

read more... 20/05/2011

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EU's new Agency for the Cooperation of Energy Regulators

The EU’s Agency for the Cooperation of Energy Regulators was launched in Ljubljana, Slovenia, during a ceremony at which have participated high officials such as the EU energy commissioner, Gunther Oettinger and the prime minister of Slovenia, Borut Pahor.

read more... 20/05/2011

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Gazprom and Total to jointly explore Bolivian energy fields

According to the head of Bolivian energy company, YPFB, declarations, Bolivia and Gazprom may sign an agreement within the next weeks to allow Gazprom to explore of hydrocarbons.

read more... 19/05/2011

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Rosneft is looking for new partners

The Russian oil giant Rosneft announced on Wednesday that it will cease the cooperation with BP and will seek for other partners in exploring Arctic blocks, after the British company hesitated to honor its $16 billion share swap.

read more... 19/05/2011

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