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Daily Energy Market Overview, Wednesday, January 19, 2011
Oil prices rose on Wednesday supported by a lower dollar hitting eight-week dips and on a better than expected 2011 demand growth. Though, milder weather and signs over healthier supplies are likely to limit oil gains.
read more... 19/01/2011
OPEC criticizes IEA for inconsistent oil supply view
The International Energy Agency (IEA) accused the OPEC of intentionally hesitated to boost the output of oil in order to maintain a higher level of oil prices. At the same time, OPEC criticizes the agency for providing inconsistent oil price view.
read more... 19/01/2011
Shell follows the exploration of South Africa’s Karoo basin
Bulgaria has to meet the EU target of 1250MW (which represents 16 %) of energy generation from renewable sources by 2020.
read more... 19/01/2011
Bulgaria to meet EU’s renewable energy target of 16% by 2020.
Bulgaria has to meet the EU target of 1250MW (which represents 16 %) of energy generation from renewable sources by 2020.
read more... 19/01/2011
Russia and Japan sign a cooperation deal in a LNG project
Russia and Japan have signed an agreement of cooperation to jointly develop a feasibility study for the construction of a liquefied natural gas (LNG) plant near the Russian city of Vladivostok.
read more... 18/01/2011