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Oil prices next to 72 dollars in Asia on economic concerns

Prices of oil in Asia dropped to $72 per barrel on Tuesday, local markets seeing a decrease following the worries concerning the tempo of the global economic recovery.

read more... 25/08/2010

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Daily Energy Market Overview 08.23.2010

Oil price fell sharply on US weak economical data. The price for crude fir September was at $73.70 per barrel, a 6-week low.

read more... 23/08/2010

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ENI takes share in Congo oil operations

ENI is expanding its oil operations in Africa buying shares in some Congo oil blocks.

read more... 18/08/2010

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US oil inventories data shows higher distillates stocks, slight drop in crude oil stocks.

US distillates inventories continue to rise, even if they kept above the normal level for more than a year.

read more... 13/08/2010

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Statoil’s contract for pipeline construction won by Technip

The French offshore oil engineering group Technip won the contract to link two Statoil offshore platforms through an oil pipeline.

read more... 11/08/2010

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