During his visit to Serbia on Wednesday, Russian Prime Minister Vladimir Putin assured Serbia that the building of South Stream gas pipeline will start as planned in 2013 and will be put into operation till December 2015.
read more... 25/03/2011
U.S. crude oil futures increased above 105 dollars a barrel at settlement on Wednesday, reaching their highest level in two-and-a-half year, supported by persistent military operations in Libya and unstable situation in the Middle East countries but also by falling U.S. gasoline stocks.
read more... 24/03/2011
ExxonMobil Japan Group declared on Wednesday that it had reopened its Shiogama terminal, affected by the recent earthquake and tsunami, moreover the company restored operations of its four Japan refineries, working above normal rates allowing thus the delivery of more fuel supplies into the Tohoku area of northeastern Japan.
read more... 24/03/2011
Gamesa, the major Spanish wind energy company announced the increase of its India operations by 25 per cent of its total sales by 2014 as it expects a double growth in the domestic market over the next few years.
read more... 10/03/2011
According to China Petroleum Daily reports, PetroChina put into the operation a new pipeline on Wednesday, called Qinhuangdao-Shenyang , which will allow the major energy supplier to diversify its regional productions.
read more... 08/03/2011