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Daily energy Overview, Friday, May27, 2011
U.S. crude oil prices went down more than 1 percent on Thursday on released data about a less increase in the US economy in the first quarter as it was expected on renewed concerns about oil demand. U.S. crude for July delivery traded at 100.23 dollars, down 1.09 dollars.
read more... 27/05/2011
The impact of the North Sea tax hike
According to a survey performed by Oil & Gas UK and released on May, 10th, the recent tax hike imposed by George Osborne, the UK Chancellor may jeopardize 15,000 jobs and £12b of investment in the North Sea.
read more... 27/05/2011
A $7bn LNG plant near Vladivostok
Gazprom and a consortium of Japanese companies will invest $7 billion in the construction of a LNG plant in the Far Eastern Russia, near the Pacific port of Vladivostok, as the Russian giant plans to boost its natural gas supplies to Europe.
read more... 27/05/2011
Daily energy Overview, Thursday, May 26, 2011
Crude oil futures increased on Wednesday having hit the highest level over the last two weeks as released report of the US government indicated a huge and unexpected drop in distillate stockpiles last week which pushed US heating oil futures up.
read more... 26/05/2011
Japan’s potential in geothermal resources
The geographical position of Japan opened new opportunities for investors to commit capitals in the development of geothermal projects as the result of devastating earthquake and tsunami produced on March 11th that left behind colossal devastations for the country and the society.
read more... 26/05/2011