Latest news
China to show a huge development in its wind power sector
According to a recently released report of the Chinese Wind Energy Association, China increased its wind power capacity to 44.7 GW in 2010 moving the country to the first globally place followed by USA.
read more... 28/04/2011
Daily energy Overview, Thursday, April 28, 2011
U.S. crude futures increased on Wednesday after the Federal Reserve indicated that the U.S. central bank is in no hurry to tighten its monetary policy saying it will maintain extremely low U.S. interest rates. U.S. crude for delivery in June traded at 112.76 dollars a barrel, up 55 cents.
read more... 28/04/2011
Ukraine is looking for potential investors in the Black Sea shelf
Ukraine officials said they are seeking international energy companies that would offer the optimal deal for developing and investing in the Black Sea shelf, as the country lacks the advanced technology for the exploration of the reserves over there.
read more... 28/04/2011
A Japanese consortium and Gazprom to consider LNG Project near Vladivostok
A Japanese consortium led by Itochu Corp. and Russian gas giant Gazprom have signed an agreement on Tuesday to perform a joint feasibility study for deployment of a LNG plant and a gas chemical complex near Vladivostok.
read more... 28/04/2011
Daily energy Overview, Wednesday, April 27, 2011
U.S. crude oil futures traded down on Tuesday in the post-settlement trading after the American Petroleum Institute data indicated a higher than expected increase in domestic crude inventories in the previous week. U.S. crude for delivery in June traded at 111.83 dollars, down 45 cents. Meanwhile, ICE Brent crude oil futures went slightly up on Tuesday on investors’ expectations for any notification of a change in the monetary policy from the U.S. Federal Reserve. ICE Brent crude for delivery in June valued 124.14 dollars, up 48 cents.
read more... 27/04/2011