Latest news
Suzlon to enlarge its presence on the international renewable energy market
Suzlon will develop renewable projects around the world in collaboration with Chinese companies, a move focused on to bring more benefits to both companies. Suzlon seeks the development of projects mainly in Brazil and Australia, where it holds strong market share.
read more... 20/06/2011
Spain’s Repsol to create a joint venture with Russia’s Alliance Oil Company
The Spanish energy company, Repsol signed a Memorandum of Understanding to enter in a joint venture with the Moscow-based Alliance Oil Company Ltd to jointly seek for growth opportunities in exploration and production in the Russian Federation.
read more... 20/06/2011
Rosneft is reviewing new partners for the Arctic deal
According to the Rosneft CEO, Eduard Khudainatov, Russia's top crude producer, Rosneft, decided to chose a new partner for the Arctic deal by the end of the year, following an earlier failure to secure the deal with the British giant, BP.
read more... 20/06/2011
No changes in Portuguese renewable incentives
Portuguese renewable sector was scared last month as IMF recommended to the local government to reduce its support for renewable sector after bailing out the overbalanced European economy, in addition to a fresh released report by Portuguese banking major BPI, which recommended softening support for renewables as to lessen country’s debt.
read more... 17/06/2011
Daily energy Overview, Friday, June17, 2011
U.S. crude oil futures traded down on Friday on persistent concerns about oil demand and a slowing global economic growth. By 12:42 GMT, U.S. crude for July delivery traded at $94.03 a barrel, down 92 cents.
read more... 17/06/2011