Latest news
Bulgaria gives up on connecting to Nabucco
According to the declaration of the Bulgarian Economy Minister, Traicho Traikov, the country has dropped its plans to link the future gas interconnection with Turkey to the Nabucco pipeline.
read more... 28/06/2011
Daily energy Overview, Monday, June 27, 2011
Brent crude prices fell on Friday as Europe’s debt crisis supported the dollar index recovery, extending the drop in oil prices for a second day after the announcement of the International Energy Agency about tapping oil from strategic reserves. Brent’s premium to US crude dropped under $14 a barrel intraday, from above $19 on Wednesday.
read more... 27/06/2011
Google to invest another 102 million dollars in Alta Wind
Google is investing its second investment of 102 million dollars in the California’s 1.55 GW Alta WindEnergyCenter. The project consists of a five-phase of Alta Wind project in the Tehachapi Mountains, which is one of the largest wind farms in the world.
read more... 27/06/2011
Iran to keep opposing any rise in OPEC production quotas
Iran, OPEC's second biggest crude producer continues opposing an increase in oil production and favoring high oil prices, according to Iranian oil minister statements on Sunday.
read more... 27/06/2011
France may extend the operation of its oldest nuclear plant
According to an article in the French daily, Le Figaro, the oldest and the most controversial nuclear reactor in France, called Fessenheim, in operation since 1977, is in the next few days expected to receive permission to extend its life span for another 10 years by the Nuclear Safety Authority of France (ASN).
read more... 27/06/2011