Latest news

Uganda to satisfy in-house market oil demand.

Uganda is set to build a refinery in order to meet the local oil demand of an estimated 25,000 barrels per day (bpd) and eventually afterwards supply up to 200,000 bpd for export.

read more... 01/12/2010


Daily Energy Market Overview, Tuesday, November 30, 2010

Oil dropped on Tuesday, on worries that China may raise interest rates and limit energy demand growth, while a slowdown in Japanese and South Korean factory production added to evidence of a slowdown in Asia.

read more... 30/11/2010


Daily Market Update, Wednesday, November 24, 2010

Oil increased to near $82 on Wednesday, recovering from the earlier session losses, on expectations of improved demand in top consumer United States.

read more... 24/11/2010


Italy's coal market has overcome the crisis.

Italy's imports of steam coal for power generation is expected to increase by 3% in 2010, while imports of coal for producing steel will increase by 37%, thanks to a recovery in industrial demand.

read more... 22/11/2010


Natural gas demand in Spain drops again.

Spanish gas demand dropped for the fifth consecutive month in October as gas-fired plants have produced less of the country's electricity needs, according to the grid operator, Enagas.

read more... 17/11/2010