Latest news
Iraq: oil industry experiences a new expansion
Iraq passed an historic milestone in April- with its crude exports hitting the highest monthly figure in more than 20 years, raising hopes for economic development and prosperity.
read more... 11/05/2012
Daily – oil prices mixed on disappointing Chinese data and rising OPEC production
U.S. crude oil futures rose on Thursday, snapping a string of six lower settlements, as supportive labor and trade data from the United States and lower dollar countered disappointing Chinese trade data and growing OPEC output.
read more... 11/05/2012
Daily – Gas prices up on stronger exports to Belgium
U.S. crude oil futures shed on Wednesday on the way to a sixth straight lower index, but settled well above its intraday low. WTi crude for June delivery traded at 96.81 dollars a barrel, down 20 cents.
read more... 10/05/2012
Biggest ever onshore wind farm to be built in South Wales
The UK government gave green light to an expensive and controversial onshore wind farm, which will be the biggest ever in England and Wales, despite campaigners claimed it is “inefficient” and “intrusive."
read more... 10/05/2012
GE to provide wind turbines for Polish wind farms
GE will supply 38 wind turbines for the development of four wind projects in the second phase of Darlowo Wind Energy Center being developed in Northern Poland. For these wind projects will be utilized GE’s 2.5 MW class of wind turbines.
read more... 10/05/2012