Latest news
India expects U.S. support on climate talks.
To break the deadlock in the climate talks, India has a proposal that they expect would attract the attention of the U.S.
read more... 06/12/2010
Energy Market Overview, Friday, December 03, 2010
ICE gas oil futures increased to its highest level in 2 years on Friday because of the very cold weather in Europe, pushing up the global oil complex including European gasoline.
read more... 03/12/2010
Chinese and Israeli companies unite to make the most of their products.
The Chinese company, China Sunergy, and the Israeli from, Pythagoras Solar, will join their forces in order to maximize the potential of the building integrated photovoltaic (BIPV).
read more... 03/12/2010
Oil prices climb again as macroeconomic data show improvement.
Hopes over an improving economy followed oil prices surge on declining jobless claims by 34,000 to 407,000 last week, the new U.S. government data regarding consumer revenues increase of 0.5 percent and consumption growth of 0.4 percent, which added to the bullish trend of the benchmark oil price for January delivery as it gained $2.33 to $83.58 a barrel on the New York Mercantile Exchange.
read more... 03/12/2010
U.S. permits block the exploration of the Gulf of Mexico.
After the BP crisis in the Gulf of Mexico, U.S. authorities have been more restrictive in giving permits that allow companies such as Shell to make further drillings.
read more... 03/12/2010