Both, the strengthening of U.S. dollar and large U.S. crude and fuel stocks, have influenced the oil price on Tuesday which fell below $86 per barrel, after reaching $87.15 per barrel on Monday, the highest level for the last 19 months, when the price for oil crude reached $89.82, in October 9, 2008.
read more... 04/05/2010
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
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
National grid operator, REE, announced that the electricity demand in Spain increased by 5.8% in April compared with the same month in 2009, after a 4.5% rise in March.
read more... 03/05/2010
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