Latest news
Daily Energy Overview, Friday, February18, 2011
U.S. crude futures rose for a second day in line on Thursday, as civil protests keep up and could have a negative impact for oil producers and cause supply perturbations. Crude for March delivery ended 1.67 percent up at 86.36 dollars a barrel on the NYMEX market.
read more... 18/02/2011
Max Petroleum provides a production test of UTS-1 well in Kazakhastan
Max Petroleum, an oil and gas exploration company, based in UK, will provide a production test at its UTS-1 well, at the Uytas field in western Kazakhstan.
read more... 01/02/2011
Daily Energy Market Overview, Tuesday, January 25, 2011
U.S. crude oil stockpiles increased last week as imports rose and refinery use had little changed after dropping the week before. The latest increase was caused by the continuing downturn in refinery use and the return to normal work of the Alaskan pipeline. Allowances for U.S. refined petroleum products increased last week by almost 12 percent on average.
read more... 25/01/2011
Huge natural gas reserves discovered in Israel
According to the U.S. company Noble Energy, a recent test drilling confirmed huge natural gas reserves at Israel's Leviathan gas deposit in the Mediterranean Sea, containing 450 billion cubic meters of gas, which are supposed to guarantee the country's energy independence.
read more... 04/01/2011
US to become competitive in the world LNG market
One of the latest reports on the LNG market called “Global LNG Market Analysis” which analyzes the evolution of the Liquefied Natural Gas (LNG) market, as well as the factors which contributed to an increase of the level of LPG industry.
read more... 03/01/2011