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Daily energy Overview, Tuesday, July 19, 2011
U.S. and Brent crude oil futures sank on Monday following a sudden drop in prices supported by rising worries about a dissonant debt crisis in the euro zone and a hot dispute in the United States. By 14:15 GMT, NYMEX crude for August delivery valued 95.10 dollars a barrel, down 2.14 dollars, having hit in an earlier trading a high value of 97.69 dollars. ICE Brent for September delivery settled at 116.05 dollars, down 1.21 dollars after a trading range from 114.66 to 117.80 dollars.
read more... 19/07/2011
Suzlon receives 100MW order from Orient Green Power Chennai
Suzlon Energy Limited, one of the largest wind turbine producer, revealed its new order from Chennai-based Orient Green Power Company Limited (OGPL) for more than 100 MW of wind power.
read more... 19/07/2011
Fuel poverty affects more than 5.5 million households in UK
According to the government released report, more than a fifth of all households in the UK are affected by the so called “fuel poverty” since 2009.
read more... 19/07/2011
Russian-British TNK-BP to acquire 45% stake in Brazil deposit
The Russian-British joint venture TNK-BP is in talks with Brazil’s Petro Energia to buy 45% in an oil and gas deposit in Brazil's Solimoes region for $1 billion.
read more... 19/07/2011
Daily energy Overview, Monday, July 18, 2011
U.S. crude oil futures continued to rise on Friday as weaker dollar sparked more worries and as investors covered short positions before the weekend. NYMEX crude for August delivery settled at 97.49 dollars a barrel, up 1.80 dollars, after having hit earlier a high session level of 97.74 dollars.
read more... 18/07/2011