Latest news
Rosneft and Lukoil inked a long-term cooperation agreement
The two largest oil Russian companies, Rosneft and independent producer Lukoil have signed an agreement for long-term cooperation.
read more... 26/04/2011
BP launches a multibillion dollar lawsuit against Transocean and Cameron
The UK giant, BP filed a lawsuit against Transocean, asking for at least US$40 billion in damages and other costs from the owner of the Deepwater Horizon rig, moreover, the British company filed a lawsuit against Cameron International as well, saying a blowout preventer made by Cameron failed to avert the catastrophe.
read more... 26/04/2011
Daily energy Overview, Friday, April 22, 2011
Crude oil futures traded higher on Thursday as the dollar plunged to almost an all-time low. ICE Brent for June delivery traded at 123.99 dollars a barrel, up 14 cents, after a trading range between 123.20 and 124.81 dollars. U.S. crude for delivery in June settled at 112.29 dollars, up 84 cents.
read more... 22/04/2011
National Laboratory for clean energy to be opened in China
A National Laboratory for clean energy is expected to be opened in September in a maritime city in the Northeastern part of the Chinese Province of Liaoning. The laboratory activity will be focused on research of petroleum, natural gas, biomass energy, hydro energy, power storage and other areas.
read more... 22/04/2011
RWE Dea Norge won two new licenses on the Norwegian shelf
German energy company RWE Dea Norge announced it won two licenses awarded by the Oslo government for work on the Norwegian continental shelf.
read more... 22/04/2011