Latest news
Galp’s profit increased
Portuguese fuel and oil company, Galp Energia, registered a 32 % increase in adjusted first-quarter net profit because of the fact that refining volume and crude production increased, despite all expectations.
read more... 06/05/2010
A possible merger between Gazprom and Naftogaz
Russian Prime Minister Vladimir Putin proposed at a meeting of the intergovernmental committee, a merger between Russian giant gas company Gazprom and Ukrainian energy company NAK Naftogaz.
read more... 04/05/2010
SunPower will add 40 MW capacity to California Valley Solar Ranch
SunPower agreed with Pacific Gas & Electric (PG&E) to add 40 MW of capacity to Sun Power’s existing contract with PG&E for 210 MW, executed in August 2008, as to develop a 250 MW solar photovoltaic power plant in San Luis Obispo County, CA.
read more... 03/05/2010
Effects after the drop in oil prices
Oil spill out the early gains just to maintain the level of $86 per barrel on Monday, since Euro zone fiscal matters are in force again, while China’s attempts to calm down its economic upsurge, are accompanied by a short- term uncertainty.
read more... 03/05/2010
Gazprom’s activity on the electricity market
Gazprom, Russian’s biggest gas supplier, intends to make modifications in its portfolio by changing its assets with those of energy sector investors, including and those of Finland's Fortum, in order to regroup all its energy units in one big utility.
read more... 30/04/2010