Civil uprisings in Tunisia, Egypt and Jordan emerged as the main fear factor for volatile oil market that pushed Brent crude oil above 100 dollars a barrel.
read more... 04/02/2011
The Ukrainian Prime Minister, Mykola Azarov met last week with Chevron Corporation officials to discuss a possible investment in shale gas extraction in Ukraine.
read more... 04/02/2011
The Wall Street Journal reports that the British Health and Safety Executive, a British energy regulator, sharply criticized the energy giant, BP for keeping to perform workings in the North Sea without taking into account the considerable operational risks and being unconscious about the safety norms at oil rigs in the North Sea.
read more... 04/02/2011
According to the EWEA data presented last week, wind energy in Europe went down by 10 percent as compared to the last year. Investments in wind power diminished from 13 billion euros last year to 12.7 billion euros this year.
read more... 04/02/2011
Oil prices increased on Wednesday on persisting concerns that the unrest in Egypt could develop across the Middle East and North Africa.
read more... 03/02/2011