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Daily Market Update, Wednesday, November 24, 2010

Oil increased to near $82 on Wednesday, recovering from the earlier session losses, on expectations of improved demand in top consumer United States.

read more... 24/11/2010

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Indian government gives incentives to electric vehicles producers.

The ministry of new and renewable energy of India decided to offer incentives to electric vehicles producers for the current and next financial year in order to boost sales of environment-friendly vehicles.

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Un accord sur le prix du gaz russe vers la Chine va être trouvé en mi-2011.

Vice-premier ministre russe, Igor Sechin, a annoncé ce mardi qu'un accord avec la Chine concernant les prix du gaz ne sera pas trouvé avant le milieu de l’année 2011.

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Gas price deal between Russia and China to be reached in mid-2011.

Russian Deputy Prime Minister, Igor Sechin, announced this Tuesday that an agreement with China concerning gas price will not be reached before the middle of 2011.

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China National Petroleum Corp in a multi-billion project in Cuba.

State-owned Chinese company, China National Petroleum Corp (CNPC) plans big investments in 2011, intending to build a refinery, a LNG terminal and an electricity generation plant worth a total of $6 billion, which is supposed to be one of the biggest projects in Cuba.

read more... 24/11/2010

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