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Exxon Mobil to make a huge investment in German natural gas exploration

According to an interview in the German business daily Handelsblatt published on Monday, Exxon, the U.S. energy corporation, announced that it believes the state of North Rhine-Westphalia has huge amounts of gas to explore and it will invest several million Euros in exploring gas natural reserves.

read more... 25/01/2011

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Valiant Petroleum discovers oil at North Sea well

Valiant Petroleum, the British oil and gas explorer, has found oil reserves at a well it owns in Don Southwest fields in the North Sea.

read more... 24/01/2011

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Eni SpA is planning maintenance inspections at Taranto Refinery

Eni Spa, the Italian oil and gas giant which operates five refineries in Italy, announced that it is planning a set of maintenance inspections at its Taranto refinery. The actions are shared on steps and will start this year.

read more... 24/01/2011

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Infigen Energy builds Solar Farm in Bugendore, New South Wales.

The new Infigen’s Energy PV solar farm project was approved by the New South Wales Department of Planning last week. It will be built on a surface of 100 hectares in Bugendore, next to A.C.T (Australia) and will generate 50 MW of green energy, enough to supply 10.000 homes.

read more... 24/01/2011

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Daily Energy Market Overview, Friday, January 21, 2011

According to the Energy Information Administration on Thursday, the U.S. crude oil inventories increased last week for the first time in seven weeks, pushing oil stocks up. Domestic crude stocks increased by 2.62 million barrels to 335.7 million barrels during the week as compared to expectations of 600.000 barrel, while crude imports went up 104.000 barrels per day to 8.97 million barrels per day.

read more... 21/01/2011

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