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Daily energy Overview, Monday, June 06, 2011
Crude oil futures were mixed on Friday after a volatile trading, with Brent crude up supported by a weaker dollar and the turmoil in the Middle East countries, and U.S. crude futures down weighed down by disappointing US unemployment data.
read more... 06/06/2011
20 MW wind turbine likely to be developed
A recently released project, known as “The UpWind Project” developed under the European Union eye, pointed to the possibility of achieving the EU’s renewable goals through developing a revolutionary design of wind turbines as large as 20 MW.
read more... 06/06/2011
Four dead in an explosion at a British refinery
A storage tank belonging to Chevron blasted at a British oil refinery in western Wales, killing four workers and seriously injuring another, this being the U.K.’s worst refinery disaster since 1974.
read more... 06/06/2011
OPEC to decide on oil production quotas on June, 8
The Organization of the Petroleum Exporting Countries (OPEC) oil cartel will meet on June, 8 at Vienna to decide on production quotas amid a volatile market and the civilian unrest in the Middle East that hit Libyan oil production.
read more... 06/06/2011
Daily energy Overview, Friday, June 03, 2011
Crude oil futures went up on Thursday in volatile trading as the dollar weakened and the euro surged on news about a new program for debt-laden Greece. U.S. crude for July delivery traded at 100.40 dollars a barrel, up 11 cents, after a trading range between 98.46 and 100.90 dollars, while ICE Brent crude for July delivery settle at 115.54 dollars a barrel, up 1.01 dollars, trading from 113.74 to 115.83 dollars.
read more... 03/06/2011