Latest news
Daily – Brent crude higher eyeing Iran and supply worries
U.S. and Brent crude oil futures increased on Monday in choppy trading as supply risks and tensions over Iran’s nuclear program sustained oil prices, while gains were limited by concerns over economic increase in China, Europe and the United States.
read more... 06/03/2012
Daily – Brent crude ends higher eyeing Iran tensions
U.S. and ICE Brent crude oil futures continued to increase for the sixth day in line on Thursday as rising tensions over Iran’s nuclear program and the potential supply disruption countered any pressure from rising inventories.
read more... 24/02/2012
Russia reveals an ambitious coal-mining industry development program
Russia has recently revealed its plan to soar its annual coal production by 30% to 430 million tons by 2030, in order to meet the increasing domestic and international demand.
read more... 26/01/2012
Australia to support EU ban on Iranian oil
Australia will adopt the same position as EU concerning the ban of Iranian oil imports, in n a sign of protest against the Islamic republic's unacceptable nuclear program, the Foreign Affairs Minister, Kevin Rudd, says.
read more... 25/01/2012
Wind turbine giant Vestas to slash 2335 jobs
Vestas, the world's largest wind turbine manufacturer based in Denmark, has recently announced its plans to slash 2335 jobs as part of a restructuration and cost reduction program. Over half of the jobs being cut will be in Denmark, where the company is based.
read more... 17/01/2012