Latest news
Rio +20: CO2 emissions increase dangerously
The meeting in Rio had the goal to ensure that economic growth will not lead to a disastrous environmental degradation. Environmentalists consider that the efforts taken at the meeting in Rio to prevent the environment collapse, finished with a failure.
read more... 28/06/2012
Daily: Nordic power down on weaker carbon and wetter weather forecast
Brent crude slipped below $93 per barrel on Wednesday over intensified worries that European leaders will not be able to solve the euro zone debt crisis at a key meeting this week, but a lower North Sea output due to a workers' strike in Norway was expected to offset losses.
read more... 27/06/2012
Gazprom strikes a deal with Israel to develop gas reserves
During a meeting between Russian President Vladimir Putin and Israeli Prime Minister Benjamin Netanyahu on Monday, the Russian gas giant, Gazprom agreed to open a subsidiary in Israel that will help to develop large offshore gas reserves.
read more... 27/06/2012
Daily: Brent crude close to 17-month lows on Spain worries
Brent crude oil declined under $96 a barrel on Wednesday, settling close to 17-month lows recorded the previous session, as concerns over Spain’s debt crisis persisted ahead of the outcome of the U.S. Federal Reserve's policy meeting.
read more... 20/06/2012
OPEC agrees to keep its output quota unchanged
The world’s largest cartel, OPEC, at its quarterly meeting in Vienna on Thursday, decided to keep its production quota steady at 30 million barrels a day, maintaining its status quo in order to fade out strong disagreements between members.
read more... 18/06/2012