Latest news
Daily energy Overview, Friday, July 29, 2011
U.S. crude oil futures went up on Thursday in a choppy trading driving up by encouraging job data and uncertainty over the debt in the USA. U.S. crude for September delivery settled at 97.44 dollars a barrel, after a trading range between 96.51 and 98.01 dollars.
read more... 29/07/2011
Eni to buy Vanttenfall’s Belgian operations
The Italian energy company, Eni has signed an agreement to buy Vattenfall's Belgian operations for about 157 million euros on an enterprise value basis.
read more... 29/07/2011
Daily energy Overview, Thursday, July 28, 2011
NYMEX crude oil futures decreased by 2.2 percent on Wednesday following an expected increase in domestic crude stockpiles and on concerns over the unresolved debt in USA that could drive down the largest global economy.
read more... 28/07/2011
New wind turbines to capture more energy
A recently research made by the specialists at the California Institute of Technology showed that the old design of wind farms needs to be remade as to use maximum efficiency that will lift the power output from the wind farms. The researchers underline that larger and taller wind turbines will increase the capacity of wind farms rather than large dimensions of wind farms.
read more... 28/07/2011
British Gas reveals its profit for first half of 2011
British Gas, the owner of Centrica has disclosed its profits of £518 million in the first half of 2011, or almost £3 million per day, just weeks after announcing big price hikes by 18 % for domestic customers.
read more... 28/07/2011