The French energy major, Total, announced on Wednesday that it has suspended its production capacity in Libya because of the deadly protests against the regime of Muammar Gaddafi.
read more... 24/02/2011
Oil prices went up as much as 6 percent on Monday with Brent crude traded in London at almost 109 dollars a barrel at one point for the first time since 2008. Brent crude for April delivery added 4 cents being traded at 105.78 dollars a barrel, while U.S. crude for March delivery, which expired on Tuesday, rose to 93.57 dollars a barrel. Oil prices stayed strong on Tuesday, but very close to 106 dollars.
read more... 23/02/2011
On February 22, 2011, NANOGEN Power Systems announced the Nano CSP Portable Solar Power Plant. The new system will mark the beginning of a new “renewable industry” global development.
read more... 23/02/2011
In 2010 China's electricity consumption sharply rose, up 14.56 percent to well over 4.19 trillion kWh, the China Electricity Council said.
read more... 23/02/2011
Iraq is considering an auction for the Nassiriyah oil field later in 2011, a senior Iraqi government official declared on Tuesday.
read more... 23/02/2011