Crude oil futures increased on Tuesday after Goldman Sachs raised its forecasts on Brent crude and as a weaker dollar attracted traders to commodities, while released economic data indicated an increase in sales of U.S. single-family homes. U.S. crude for July delivery traded at 99.59 dollars a barrel, lifting 1.89 dollars after a trading range from 96.61 and 100.09 dollars, while ICE Brent crude for delivery in July settled at 112.53 dollars a barrel, up 2.43 dollars, after a trading range between 109.50 and 112.65 dollars.
read more... 25/05/2011
Gamesa, the major Spanish wind energy company announced the increase of its India operations by 25 per cent of its total sales by 2014 as it expects a double growth in the domestic market over the next few years.
read more... 10/03/2011
BG Group has inked a sales agreement with Tokyo Gas, a Japan-based company for the supply of 1.2 million tones of liquefied natural gas (LNG) per year for 20 years starting from 2015.
read more... 09/03/2011
According to the declarations made on Friday by a top executive of Rosneft, the Russian giant is eyeing China as the destination for its Siberian gas export.
read more... 08/02/2011
Gazprom Marketing & Trading Ltd (GM&T) branch in Singapore and India’s Gujarat State Petroleum Corporation (GSPC) have concluded an agreement for the sale and purchase of Liquefied Natural Gas (LNG).
read more... 12/01/2011