Latest news
Daily energy Overview, Monday, July 4, 2011
Crude oil futures decreased on Friday after three days of gains as low Chinese factory data raised concerns over demand, while a report on stronger US manufacturing activity supported the market. U.S. crude oil futures for August delivery traded at 94.94 dollars a barrel, down 48 cents after a trading range from 93.45 to 95.39 dollars, while ICE Brent for August delivery settled at 111.77 dollars a barrel, down 71 cents after a trading range between 109.50 and 112.48 dollars.
read more... 04/07/2011
Duke Energy asks for a 17 % increase on North Caroline households
Duke Energy Corp. addressed a request to the North Carolina regulators asking to increase power prices for households by 17%, and to 11.5 % for its allowed rate of return on shareholder, a change that would add around 19 dollars to the monthly power bills. This move will increase company’s revenue by 646 million dollars.
read more... 04/07/2011
Exxon Mobil says oil leaked into Yellowstone River
Exxon Mobil Corp. announced a leak of about 1,000 barrel of crude oil into the Yellowstone River in Montana on Saturday, with 1 barrel of oil equivalent to 42 gallons (163 liters).
read more... 04/07/2011
US solar market trends for 2010
A recently released report by the Interstate Renewable Energy Council shows a double increase in the US PV installed capacity in 2010 compared to 2009, with over 124,000 new solar heating, cooling an solar electric installations.
read more... 04/07/2011
Statoil makes new discovery near Oseberg
Norway’s Statoil ASA has discovered oil and condensate in the North Sea’s Krafla West prospect. Located around 26 kilometers south-west of the producing Oseberg South find, the discovery well encountered hydrocarbons in two columns with a total thickness of 300 meters.
read more... 01/07/2011