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Daily Energy Market Overview, Tuesday, January 18, 2011

Oil prices dropped on Monday following a stronger dollar and as main Alaskan oil pipeline became entirely operational after supply disruptions during more than a week, while an OPEC report indicated that the market was well supplied.

read more... 18/01/2011


Global wind O&M market is estimated to reach 10.6 billion dollars by 2016.

The recently published report “Growth Opportunities in Wind Operation and Maintenance Services Market 2011-2016” states that the global wind O&M market is estimated to reach 10.6 billion dollars by 2016.

read more... 17/01/2011


Russian-Chinese oil pipeline starts operating

A crude oil pipeline between Russia and China is now in operation which will help Russia in diversifying its oil clients more towards the east and will overturn decades of Russian dependence on European markets. The project costs $25bn and was partially financed by Chinese loans.

read more... 05/01/2011


Vietsovpetro will continue Vietnam-Russia oil cooperation.

Vietnam and Russia will continue cooperating in geological survey and oil and gas production on Vietnam’s continental shelf within the framework of the Vietnamese-Russian oil and gas joint venture (JV) Vietsovpetro after 2010.

read more... 28/12/2010


Russia’s Gazprom and Italy’s Eni extend their strategic agreement until 2012.

Gazprom and Eni have extended their 2006 strategic agreement, which would have expired on December 2010, until 2012. The agreement targets the boost of industrial and commercial operations in Russia and third countries.

read more... 24/12/2010