Latest news
DONG Energy to build offshore wind farm in Germany
DONG Energy, a leader in the offshore wind market, will build its first offshore wind farm in Germany with a total capacity of 320 MW, enough to cover the energy demand of 330,000 German households.
read more... 25/02/2011
Centrica sings £2 billion agreement with Qatar
Centrica, one of U.K’s major energy suppliers, declared on Wednesday that it sealed a £2 billion deal with Qatar. The deal provides the delivery of 2.4 million tons of liquefied natural gas a year to the U.K. from Qatar during a period of three years.
read more... 25/02/2011
Daily Energy Overview, Thursday, February 24, 2011
U.S. crude stocks increased by 163,000 barrels previous week, less than Reuters analysts’ expectations for a 1.2 million barrel rise. U.S. crude futures traded 98.84 dollars a barrel on Wednesday, up 3.42 dollars. Prices for crude futures in the earlier trade hit 100 dollars a barrel the first time since October 2008 following the concerns of cuts supply in Libya and the turmoil in the Middle East.
read more... 24/02/2011
BP is looking for buyers as it wants to sell two of its famous lubricant brands.
The oil giant, BP has announced that it is planning to sell Duckhams and Veedol, the engine lubricant brands, both with a long tradition in the U.K.
read more... 24/02/2011
New biomass energy testing laboratory in Canada
The new biomass energy testing laboratory was opened on Tuesday in Fredericton, Canada, with the presence of officials from the University of New Brunswick.
read more... 24/02/2011