Latest news
Shell and Qatar Petroleum joined in a $6 billion petrochemical Project
Shell, the biggest investor in Qatar and Qatar Petroleum signed today a contract for $6 billion concerning a petrochemical project. The project involves the building of a 1.5 million-metric-ton monoethylene glycol plant by 2016 in the industrial city Ras Laffan.
read more... 21/12/2010
India and Russia in a common privatization program.
Indian companies want to participate in the Russian privatization program which will take place from 2011 till 2013.
read more... 21/12/2010
Russia and China collaborate in an oil deal.
Russia, the world’s biggest energy producer, and China, the world’s largest energy consumer plan to meet next year in order to discuss the possibility of creating energy joint ventures in third countries.
read more... 20/12/2010
Solar energy subsidies to raise in China
The main energy user in the world, China, lifted solar subsidies in 2010 as to encourage the expansion of its domestic solar market, according to the director of the energy and transport division of the high-tech department in China’s Ministry of Science and Technology, Zheng Fangneng.
read more... 20/12/2010
Daily Energy Market Overview, Monday, December 20, 2010
Oil prices for January delivery, which expires at the end of trading on Monday, rose 15 cents to $88.20 a barrel by 07:48 GMT on Monday on cold weather, renewed tensions in the Korean Peninsula and positive U.S. economic data.
read more... 20/12/2010