Latest news
Norway worried about power supplies for winter to come.
Last year has proven to be a difficult one for Nordic countries as prices for power reached all-time highs as temperatures were lower than usual and Swedish nuclear reactors had outages concerns.
read more... 29/09/2010
Daily Energy Market Overview 09.24.2010
Oil price dropped below $75 on Friday. ICE Brent crude fell $0.30 cents to $77.81. At 06:41 GMT, U.S. crude for November dropped $0.33 to $74.85 per barrel. Still, actual prices are considered stable, registering a gain over 1.6% during last six weeks.
read more... 24/09/2010
High oil prices motivate undeveloped countries to use renewable.
As the oil prices have reached $75 a barrel and are likely to stay at this level for a while, the poorest countries should consider turning to solar, wind and other renewable energy.
read more... 23/09/2010
Chevron to extract shale gas in Poland.
As Poland shared interest in developing gas opportunities, like other eastern European countries, thus reducing its reliance on the Russian partner, Chevron, as some other major oil companies, seized the opportunity to extract shale gas at better prices. Still, according to Bobby Ryan, Chevron’s head of global exploration, there is much more work to be done than at first glance.
read more... 23/09/2010
Daily Energy Market Overview 09.20.2010
Prompt South African coal cargo prices increased by 75 cents on Friday, despite a low demand this week in Europe and Asia. However these prices have been traded higher this week in order to maintain the actual level of the market, while new consumers will appear in the next quarter.
read more... 21/09/2010