Latest news
Daily – Brent crude ends down as U.S. crude stocks increase
U.S. and Brent crude oil futures decreased for a second consecutive session on Wednesday, after a government report indicated a higher than expected increase in crude oil inventories previous week in the United States.
read more... 05/04/2012
Ukraine is ready to join Trans-Caspian Pipeline
The Ukrainian Prime Minister Mykola Azarov declared during a meeting with Azeri president Ilham Aliyev on Wednesday that Ukraine is interested in joining the Trans-Caspian pipeline project, which is studied by Turkmenistan, Azerbaijan and Kazakhstan.
read more... 05/04/2012
Largest German giant Q-Cells to file for bankruptcy
Germany’s largest solar giant, Q-Cells has recently announced that company will file for bankruptcy, after registering net losses of 846 million Euros in 2011. Previously, Q-Cells had experienced difficult times and made several cost-reduction measures to keep the business on track.
read more... 05/04/2012
UK to exceed Poland’s shale gas resources
UK is likely to exceed Poland as the focus of the shale gas industry in Europe, according to the British shale gas company IGas’s estimations.
read more... 05/04/2012
Daily – power prices down across the board
Crude oil futures slightly continued to go down on Tuesday following a report released by the industry group American Petroleum Institute which indicated a stronger than-expected increase in domestic crude stock in the United States previous week.
read more... 04/04/2012