Latest news
U.K. to intensify the number of oil and gas inspections in the North Sea
The U.K. government said Tuesday it will further enhance the number of inspections of oil and gas rigs operating in the North Sea as a consequence of the oil leak from the Gulf of Mexico.
read more... 12/01/2011
GE completes the wind farm in Fere-Champenoise, France, with a 45MW capacity
A wind farm was completed in Fere-Champenoise, (the most suitable region in France for the development of wind turbines technologies), one of GE’s most important projects that will help France reach its energy generation target of 23 percent from wind turbines by 2020.
read more... 12/01/2011
Japanese giant traders target Russia’s Yamal LNG Project
The Japanese firms, Mitsui and Mitsubishi want to join in the liquefied gas field project on Russia's Yamal Peninsula on the Arctic Ocean. The Yamal Peninsula is situated in the middle of the Russian coast on the Arctic Ocean, a convenient location for exporting liquefied natural gas both to Europe and the Far East.
read more... 11/01/2011
Daily Energy Market Overview, Tuesday, January 11, 2011
Crude oil futures registered a price growth on Monday on supply concerns following a halt of a main national crude output pipeline, Trans Alaska Pipeline, and supported by higher heating oil demand due to colder temperatures forecast. Hence, crude for February delivery, on the New York Mercantile Exchange, added 1.22 dollars to 89.25 dollars a barrel.
read more... 11/01/2011
PetroChina into a refining deal with Ineos Group
PetroChina Co., China’s biggest energy producer, after agreeing to form a venture with U.K. refiner Ineos Group Holdings Plc, one of the UK’s largest private businesses, has acquired a strategic stake in Europe’s refining markets
read more... 11/01/2011