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Daily energy Overview, Friday, May, 06, 2011
Crude oil futures plunged on Thursday settling at lowest level since mid-March on worries over economic growth and tighter monetary policies.
read more... 06/05/2011
New Colorado Legislative Act cuts permit fees for solar systems
A new Legislative act was yesterday passed by the state Senate of Colorado called Fair Permit Act (HB-1199) that reconsiders permit fees to clients installing solar or solar thermal equipments. The act averts local government agencies from charging excessive permit fees and aims a better transparency of the whole permits issue process.
read more... 06/05/2011
RWE discovers an immense potential of natural gas in Egypt
RWE Dea, the German energy company which operates in Egypt, announced its successful exploring activities for natural gas in its North El Amriya concession, offshore northern Egypt.
read more... 06/05/2011
Rosneft and BP become partners in a German Joint Venture
The British energy giant BP announced Rosneft as its new partner in its German refining joint venture, Ruhr Oel GmbH (ROG). Their partnership started in October last year, when the Russian company bought the stake of 50 per cent from PdVSA of Venezuela, BP’s former partner.
read more... 06/05/2011
Daily energy Overview, Thursday, May, 05, 2011
U.S. crude oil futures traded down for a third consecutive day on Wednesday on higher than expected increase in crude stockpiles and worries over U.S. economic growth.
read more... 05/05/2011