Latest news
Gazprom Oil to upgrade its refineries before 2018
The Russian giant, Gazprom Oil alongside its Investment Program unveiled its plans to upgrade its refineries before 2018.
read more... 25/10/2011
Daily – Brent down on discords between France and Germany
U.S. crude oil futures increased on Friday on optimism for euro zone debt crisis ahead of the summits in the coming week that spurred worries among investors. NYMEX crude for December delivery traded at 87.40 dollars a barrel, up 1.33 dollars after a trading range from 85.95 to 88.89 dollars.
read more... 24/10/2011
Italian PV market to reach 12.5 GW by the end of 2011
Italian solar power market became one of the largest following the German one, immediately after introducing an incentive system in 2007. In May, the Italian government reduced the feed-in tariffs as to sustain customers. According to the chairman of industry body GIFI, Italy’s total PV installed capacity could rise to 12.0- 12.5 GW by the end of 2011, while the growth will slow next year.
read more... 24/10/2011
BP makes biggest investment in North Sea history
The British oil giant, Europe's second-biggest oil company, was given the green light to perform a huge investment, of £4.5bn, in the North Sea oil field, this being the company’s biggest annual investment made in the U.K.
read more... 24/10/2011
Huge gas discovery marks a new milestone for Eni
The Italian oil giant, ENI announced the company’s largest discovery of natural gas ever as an operator off the coast of Mozambique.
read more... 24/10/2011