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Daily Energy Market Overview 10.01.2010
Oil was up back above $80 on Friday. At 06:45 GMT, U.S. crude for November increased $0.63 to $80.60 per barrel, while ICE Brent for November climbed $0.66 at $82.97 per barrel.
read more... 01/10/2010
Exxon started extracting Russian oil.
Oil production has begun from the Odoptu field at the Sakhalin-1 project in offshore northeastern Russia, on schedule and within the projected costs. It is expected to add up to 11 million barrels to oil production in 2011
read more... 01/10/2010
The Norwegian Statkraft planning to invest in South America
Norway's state-owned company, Statkraft announced Thursday that it would invest $400 million in a hydropower plant in Peru with a capacity of 168-megawatt, and announced intentions of further investing in Chile, but it is targeting the Brazilian market as well.
read more... 01/10/2010
Regal considers leaving Ukraine.
The oil British explorer, Regal Petroleum, announced that due to its poor performances in Ukraine, it plans to execute a strategic review, as CEO David Greer quit, and Chairman Keith Henry took over.
read more... 01/10/2010
Daily Energy Market Overview 09.30.2010
Oil increased above $78 per barrel on Thursday, due to weak dollar. U.S. crude oil futures climbed at $78.79 per barrel. At 11:37 GMT, it registered an increase of $0.84 to $78.70. ICE Brent crude futures were up $1.04 to $81.81 per barrel.
read more... 30/09/2010