Latest news
Saipem won a $1bn offshore deal in China and Brazil
Saipem, an Italian oil and gas industry contractor which is a subsidiary of Italian energy company Eni, has been awarded offshore contracts worth more than $1 billion in China and Brazil.
read more... 04/05/2011
BP to pay $25 million penalty following the Alaska oil spill
BP has to pay a $25 million penalty fee and spend other $60 million for improvement measures following the spill of more than 5,000 barrels of crude oil from the company's pipelines in Alaska in 2006, declared on Tuesday the US Department of Justice (DoJ) and the Environmental Protection Agency (EPA).
read more... 04/05/2011
New South Wales State (Australia) to be powered entirely with renewable energy by 2020
According to declarations of the National team of engineers at the Ashfield Aquatic Centre, the New South Wales State (NSW, Australia) can be powered entirely with wind and solar energy within 10 years. The aim may be achieved by implementing a revolutionary technology of concentrated solar thermal power plants.
read more... 03/05/2011
Daily energy Overview, Tuesday, May, 03, 2011
Crude oil futures traded lower on Monday in the wake of al Qaeda leader Osama bin Laden death. U.S. crude for delivery in June settled at 113.52 dollars, down 41 cents, after a trading range between 110.82 and 114.83 dollars, while the ICE Brent crude for delivery in June traded at 125.12 dollars a barrel, down 77 cents after a trading range from 121.67 to 126.54 dollars.
read more... 03/05/2011
Bulgaria asks for fuel guarantees as Russia halts oil exports
Bulgaria's Economy and Energy Minister, Traicho Traikov, has required guarantees from Russia for sufficient supplies of fuel for the country's market following the reports that the Russian Federation is halting oil export.
read more... 03/05/2011