Latest news
Spain hydropower and irrigation reserves increased.
Spain's hydropower production capacity and irrigation ability increased last week. Water reserves still are over the average levels, despite little decreases during summer period, thanks to an unusually wet winter and spring.
read more... 15/11/2010
Hydropower output has declined in Spain
Spanish water reserves, needed to reduce the country's dependence on gas imports, had notice a decrease, according to official data showed on Tuesday, however the levels are above the average, being helped by very heavy rainfall in winter and spring time.
read more... 27/10/2010
Iraq increases estimate oil reserves.
The oil minister of Iraq declared that it has increased its estimate of the oil reserves to 143.1 billion barrels, a 24 percent rise. Although many analysts think that this number may be inflated for a variety of reasons.
read more... 05/10/2010
ARMZ of Russia might become the third uranium producer
ARMZ, the state-controlled miner in Russia, the country with 1/10 of the world’s uranium reserves, intends to expand outside the country, aiming to become one of the third major producers in the world. It signed a transaction on Tuesday of acquiring the majority of shares in proportion of 51% in Uranium One, Canada.
read more... 11/06/2010
Israel reports higher than expected gas reserves
Israel might become a gas exporter in the coming years, as gas reserves found on Israel Mediterranean coast are 15% higher than expected.
read more... 04/06/2010