Latest news

SunPower will add 40 MW capacity to California Valley Solar Ranch

SunPower agreed with Pacific Gas & Electric (PG&E) to add 40 MW of capacity to Sun Power’s existing contract with PG&E for 210 MW, executed in August 2008, as to develop a 250 MW solar photovoltaic power plant in San Luis Obispo County, CA.

read more... 03/05/2010

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Gazprom’s activity on the electricity market

Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.

read more... 30/04/2010

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Gasoline price unstable

Crude oil cracking margins decreased to $8 per barrel, being influenced by the gains registered as result of gasoline sale, which prices jumped back above $ 800 per ton.

read more... 30/04/2010

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Romania wants to reduce its participation in Petrom

OMV, Austrian major oil and gas group, does not intend to increase its share in its Petrom division, even though the Romanian government would like to vend a part of its 21% stake in order to reduce its participation to 8%, according to OMV’s representative on Tuesday.

read more... 27/04/2010

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Endesa initiates sale of Spanish gas network

Endesa has started the process of selling Spain’s gas distribution and transport network. This deal is estimated at about 760 million euros (1.02 billion U.S. dollars).

read more... 22/04/2010

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