Latest news
Daily energy Overview, Tuesday, April 19, 2011
U.S. crude oil futures decreased on Monday after three consecutive days of gains after the ratings agency Standard & Poor’s revised its long-term credit outlook for the United States from stable to negative, while Saudi Arabia’s cut output because of an oversupplied oil market and a low demand for crude oil.
read more... 19/04/2011
Daily energy Overview, Friday, April, 08, 2011
U.S. crude prices increased more than 1 dollar to a new 2-1/2 year high level on Friday on outlook of long-term supply cuts in Libya. Crude for May delivery increased to an intraday high level of 111.39 dollars a barrel, the utmost level since September 2008.
read more... 08/04/2011
Royal Dutch Shell to raise investments in 2011-2014
Royal Dutch Shell will reveal its long-term investment plans on Tuesday on exploration and production amid gloomy oil market outlook due to lasting turmoil in the Arab countries.
read more... 15/03/2011
World Energy Outlook foresees natural gases prices decrease.
According to the International Energy Agency (IEA) the price for natural gas will decrease in the next years. The main cause of the natural gases price fall is the faster growth of the supply with less performing demand growth.
read more... 24/12/2010
Austrian power utility to review its full-year outlook
Austrian utility Verbund reviewed its full-year profit forecast on Thursday, after transferring 43 million Euros to its French unit, which might reduce group net profit by as much as a third.
read more... 29/10/2010