Latest news
RWE Dea starts the development drilling at Clipper South in UK
RWE Dea's subsidiary in the United Kingdom has announced the delivery of its first gas from its Clipper South field in the UK North Sea. The field is operated by RWE Dea (50% interest) and Fairfield Energy is also a partner in the field (25% interest).
read more... 14/08/2012
Daily: Brent prices to the highest level in 3 months on supplies worries
Brent crude rose above $114 per barrel on Monday, hitting the highest level in more than three months on worries about supplies and hopes that governments will take more stimulus measures trumped signs of weakening fuel demand. Brent crude was trading at $113.80 a barrel at 09:00 GMT on Monday, while U.S. oil rose 74 cents to $93.61, after settling 49 cents lower at $92.87.
read more... 13/08/2012
Germany’s KfW Bankengruppe to invest 100 billion euro in renewable energy
Germany’s KfW Bankengruppe is facilitating renewable energy and energy efficiency investments in Germany and decided to lend 100 billion euro over the next five years. This boost is aimed to decrease investment risk and accelerate the country’s shift to renewable energy.
read more... 13/08/2012
OPEC: World oil demand is likely to stabilize in 2012, downsizing risks for 2013
The Organization of Petroleum Exporting Countries (OPEC) has recently announced a slight boost to its global oil demand forecast for 2012 and 2013.
read more... 13/08/2012
E.ON’s first half profit triples on cheaper gas
E.ON has registered a boost in its first- half profits, pushed up by cheaper gas supplies, after the company secured improved natural-gas-contract terms with Russia's OAO Gazprom, according to new reports.
read more... 13/08/2012