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Daily Energy Overview, Thursday, December 2, 2010
European power forwards sharply increased early on Thursday, partly due to a demand-driving cold snap which strengthened energy spot prices. Germany's Cal2011 baseload rose 70 cents at 50.25 euros per MWh, reaching a two-month high, while the French Cal2011 rose 50 cents at 51.75 euros, reaching the highest level in six weeks.
read more... 02/12/2010
New oil possibilities on Russian oil and gas market.
Russia is currently working on modifying its legislation and framework to allow foreign companies to operate on their market.
read more... 02/12/2010
Kurds demand oil reforms to join the new administration.
The Kurdistan Regional Government's minister for natural resources , Ashti Hawrami, announced Tuesday that they would only be interested in participating in the new Iraqi administration if these will make new hydrocarbon and revenue-sharing laws by June 2011.
read more... 02/12/2010
E.ON sees future in solar.
The German energy company, E.ON Climate & Renewables, made clear the other day that it would focus its attention on the solar power as they see tremendous growth in this sector for the years to come.
read more... 02/12/2010
Energy Market Overview, Wednesday, December 01, 2010
Oil increased to beyond $85 a barrel on Wednesday as rising factory output in China and API data indicating lower U.S. crude inventories offset persistent worries regarding Europe's debt problems.
read more... 01/12/2010