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Daily energy Overview, Wednesday, April, 13, 2011
U.S. crude oil futures saw little change on Tuesday in the post-settlement trade, after the American Petroleum Institute data revealed a slightly more than expected increase of oil inventories, while gasoline stocks fell much more as forecasted.
read more... 13/04/2011
Shell and Gazprom discuss more LNG supplies to quake-hit Japan
Gazprom and Anglo-Dutch oil major Shell have consolidated their partnership by discussing joint projects in West Siberia and the modalities to increase liquefied natural gas (LNG) deliveries to quake-hit Japan from the Sakhalin-II project, Gazprom said on Tuesday.
read more... 13/04/2011
Spain on the top among European wind energy producers in 2010
According to the currently released report by the Spanish Wind Energy Association, in 2010, Spain ranked the first place through the European wind energy producers being followed by Germany.
read more... 13/04/2011
TNK-BP plans to sue BP seeking $10 billion in damage
Russia's half of the TNK-BP joint venture intends to take proceedings against BP pretending the giant broke the joint venture's shareholder agreement. According to the sources close to TNK-BP, the company’s management will seek multibillion-dollar damage, equivalent to $10 billion, claiming it lost the opportunity to explore the Russian Arctic because of BP's actions.
read more... 13/04/2011
Daily energy Overview, Tuesday, April, 12, 2011
Oil prices traded down on Monday on demand worries and profit taking after U.S. crude oil prices hit a 30-month high and Brent prices hit a 32-month high. U.S. crude for May delivery traded at 109.92 dollars, down 2.87 dollars, while Brent crude was traded at 123.98 dollars a barrel, down 2.67 dollars.
read more... 12/04/2011