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Daily Energy Overview, Friday, February18, 2011
U.S. crude futures rose for a second day in line on Thursday, as civil protests keep up and could have a negative impact for oil producers and cause supply perturbations. Crude for March delivery ended 1.67 percent up at 86.36 dollars a barrel on the NYMEX market.
read more... 18/02/2011
EU considers fusion between Nabucco and ITGI gas pipeline projects
EU officials are interested in a fusion between Nabucco, a Turkey-Austria pipeline, and ITGI (Interconnector Turkey-Greece-Italy), two strategic gas projects in order to carry gas from Azerbaijan to Europe and to reduce the Russian dependence on gas supplies.
read more... 18/02/2011
Baltic States want a mutual LNG terminal
During an official meeting in Vihula, Estonia on Friday, the prime ministers of Lithuania, Latvia and Estonia sustained that they would seek European Union (EU) funding for a single LNG import terminal.
read more... 18/02/2011
Gamesa signs arrangements with two Chinese companies
Gamesa signed several arrangements with two Chinese partners to develop wind farms with a total installed capacity of 600 MW.
read more... 18/02/2011
UK could become leader in offshore wind power
The UK could become a leader in the global offshore wind industry due to its favorable geographical position. This means that UK represents an attractive market to produce, commercialize and develop a large range of new green technologies.
read more... 17/02/2011