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A blast hits Iranian oil refinery during president Ahmadinejad’s visit

Iranian state media agency has reported that an explosion rocked at Abadan Refinery on Tuesday during the visit of Iran’s president Mahmoud Ahmadinejad, even at the moment he was holding a speech at the plant inauguration ceremony.

read more... 25/05/2011

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Daily energy Overview, Tuesday, May 24, 2011

Crude oil futures decreased on Monday as worries about the debt crises in the euro zone raised the dollar to a two-month high level against the euro, spreading risk aversion across markets. U.S. crude for July delivery traded at 97.70 dollars a barrel, down 2.40 dollars, while ICE Brent for July delivery settled at 110.10 dollars a barrel, down 2.29 dollars, after a trading range between 108.58 and 112.23 dollars.

read more... 24/05/2011

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China Offshore Wind Power Summit 2011

MERISIS, a leading energy company focused on organizing summits, conferences and public trainings is opening the annual energy event called China Offshore Wind Power Summit 2011 with several wind energy strategies, policies and techniques to be included into the Summit Agenda.

read more... 24/05/2011

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Russia and China to boost energy cooperation

China National Petroleum Corp (CNPC) and the Russian energy giant Rosneft agreed to build a Sino-Russian oil refinery in Tianjin, northern China, until the end of this year. The refinery will be built by the Russian-Chinese joint venture and is estimated to cost about 4.62 billion U.S. dollars.

read more... 24/05/2011

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EU intensifies sanctions against Iran following nuclear program

The European Union tightened its restrictive measures against Iran, following the concerns about its nuclear program, after Iran refused to enter constructive talks with the United States and E.U.

read more... 24/05/2011

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