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Enel plans to invest in Russian assets by 2015

According to Enel declarations, the Italian group is ready to invest a considerable amount, of 1 billion euros ($1.4 billion), in Russian assets during 2011-2015. This investment envisages enhancing the quality of production capacities.

read more... 17/03/2011

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World officials pledge to help Japanese nation

Describing the nuclear reactor crisis in Japan as “very serious”, the head of the UN agency that coordinates global nuclear safety declared that it is preparing to depart to Tokyo to offer further assistance.

read more... 17/03/2011

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Fushun Petrochemical shut down its oil refinery in China

PetroChina’s Fushun Petrochemical Co. has shut down a 1.2 million ton per year oil refinery as to avoid a potential safety hazard.

read more... 16/03/2011

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Royal Dutch Shell to raise investments in 2011-2014

Royal Dutch Shell will reveal its long-term investment plans on Tuesday on exploration and production amid gloomy oil market outlook due to lasting turmoil in the Arab countries.

read more... 15/03/2011

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Shell reveals a major oil discovery off Brunei

Royal Dutch Shell Plc, Europe’s largest oil company, announced on March 14th a major deepwater crude discovery offshore Brunei.

read more... 15/03/2011

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