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Finland’s Vacon to boost solar market

The Finnish company is planning to develop its renewable sector and to increase its sales.

read more... 22/09/2010

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Turkey state oil firm plans to invest 4 billion USD in 3 years

The general manager of Turkey’s national oil and natural gas exploration company, TPAO, announced that they’re going to invest 4 billion USD in the forthcoming 3 years and to drill 500 oil wells in the next 5 years.

read more... 22/09/2010

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Alpiq to construct a new block in Bosnia power plant

Elektroprivreda BiH (EPBiH), the state owned company in the energy sector of Bosnia, invited in March a few investors to examine the possibility of building a new block at the coal power plant in Tuzla, of a capacity of 450 MW, in a project worth 1.1 billion USD.

read more... 22/09/2010

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Daily Energy Market Overview 09.20.2010

Prompt South African coal cargo prices increased by 75 cents on Friday, despite a low demand this week in Europe and Asia. However these prices have been traded higher this week in order to maintain the actual level of the market, while new consumers will appear in the next quarter.

read more... 21/09/2010

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Russian joint venture, TNK-BP signed a deal to supply crude oil blend to Vietnam

On Monday, TNK-BP announced it has signed a contract to supply Russian ESPO crude oil blend to Vietnam, as the company is still going to buy BP’s assets in the Asian state.

read more... 21/09/2010

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