It was on January 2009, when it was first announced the finding of Natural Gas caches off the shores of Israel that is estimated at roughly 250 BMC, or an expected worth of 15 billion USD. Ever since, there is…
Category: News by Region
Crude oil and natural gas prices update for 11th of November
Energy Prices Crude oil price of (futures for December 2010), as of 10.47AM GMT, on the New York Mercantile Exchange (Nymex), is at 88.35 USD per barrel, which represents a 0.54 dollar increase or a 0.61% incline. The WTI spot price settled yesterday at…
China’s coal dependency – 30th of October
I found an interesting article in Scientific American, which is a part of a book written by Jonathan Watts – When a Billion Chinese Jump: How China Will Save Mankind–or Destroy It. The article describes a gut wrenching experience of…
News update about China’s energy plan and daily summary
The market of energy didn’t create much news items today as the daily crude oil prices didn’t change much. Here are, however, the main scoops of the day: Main News China raised its price of retail gasoline according to Bloomberg…