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Gas imports bill in Germany reduced by 3.2%

Gas imports bill in Germany for the first semester of 2010 reduced by 3.2%, arriving at 12.2 billion euros, comparing to 12.6 billion for the same period in 2009, according to BAFA data on Thursday.

read more... 20/09/2010

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Gamesa will triple investment in China by 2012

The Spain-based company Gamesa, will triple its investment in China in the next 2-3 years, to expand its facilities in the country. The Spanish company already invested around 42 million Euro in 2009 and plans to invest a further 90 million by 2012, to meet the rising demand of China’s growing wind energy industry.

read more... 17/09/2010

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Russian crude export duty might decline 3 percent in October

According to the Finance Ministry data and Reuters calculations, oil export duty for October in Russia may drop about 3 percent to between $265 and $267 per tonne following the decline in crude prices during the second half of August.

read more... 14/09/2010

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Electricity tariffs in Spain

During the first semester of 2010, Spain's deficit between regulated power tariffs and generation costs widened by 2.59 billion Euros, or 20 percent more than anticipated by the regulator CNE, mainly due to the payment of subsidies for renewable energy generation.

read more... 14/09/2010

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Oil production in Norway dropped in August

Oil production in Norway dropped on average from 1.800 million barrels in July to 1.619 million barrels per day in August, as stated by Norwegian Petroleum Directorate on Friday.

read more... 13/09/2010

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