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IAEA calls for more stringent nuclear safety inspections

The UN nuclear chief is urging worldwide countries to perform international risk assessments on nuclear reactors within 18 months to avoid the recurrence of atomic disasters such as the one at Fukushima.

read more... 21/06/2011

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Daily energy Overview, Monday, June 20, 2011

Crude oil futures traded down on Friday on lasting worries about Greece’s debt and U.S. slow economic growth. U.S. crude oil for July delivery traded at 93.01 dollars a barrel, down 1.94 dollars, having hit the lowest level since the February 18, when it registered a level of 86.20 dollars.

read more... 20/06/2011

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Suzlon to enlarge its presence on the international renewable energy market

Suzlon will develop renewable projects around the world in collaboration with Chinese companies, a move focused on to bring more benefits to both companies. Suzlon seeks the development of projects mainly in Brazil and Australia, where it holds strong market share.

read more... 20/06/2011

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Spain’s Repsol to create a joint venture with Russia’s Alliance Oil Company

The Spanish energy company, Repsol signed a Memorandum of Understanding to enter in a joint venture with the Moscow-based Alliance Oil Company Ltd to jointly seek for growth opportunities in exploration and production in the Russian Federation.

read more... 20/06/2011

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Rosneft is reviewing new partners for the Arctic deal

According to the Rosneft CEO, Eduard Khudainatov, Russia's top crude producer, Rosneft, decided to chose a new partner for the Arctic deal by the end of the year, following an earlier failure to secure the deal with the British giant, BP.

read more... 20/06/2011

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