Energy Sector

Thousands Celebrate Christmas in dark in US, Canada

According to a latest report, this time's Christmas was less than merry and far from brightness for thousands of families. This is true as many families who live in the upper Midwest to the far Northeast and Canada have suffered due to natural calamity.

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High Energy Bills may top the Political Agenda in the UK

Since 2010, gas and electricity prices have strikingly increased. The main reason for the increase of prices is the increase in wholesale costs on the support of the tentative global economic recovery and expectations of higher requirement.

OPEC Agrees to keep Group’s Target for Crude Output Unchanged

This week, Energy ministers from Organization of Petroleum Exporting Countries (OPEC) have decided to keep the target of the group for crude output unchanged at 30 million barrels per day.

OPEC's members are Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the UAE and Venezuela.

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OPEC to Maintain the 30 Million-Barrel-a-Day Target

OPEC (Organization of the Petroleum Exporting Countries) is an oil cartel whose mission is to coordinate the policies of the oil-producing countries. The goal is to secure a steady income to the member states and to secure supply of oil to consumers.

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Iran, Six Mediators, IAEA to Meet in Vienna over Intermediary Agreement Signed in November

According to the latest Interfax reports, Iranian representatives, six mediators and the members if the IAEA, are going to meet on the 9th and 10th of December.

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Ukraine and Austria Interested in Developing Cooperation in Energy Sector

Ukrainian President Viktor Yanukovich has given assurance to Austrian officials that his country is willing to maintain close ties with Europe, said the foreign ministry in Vienna. A ministry spokesman said that Yanukovich have told them that they have not at all turned their back on Europe. They are looking forward to continue close operation instead.

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Chiswick Park Becomes Abode to Oilfield Service Companies’ Biggest Concentration

As per the revelations of a recent report, southwest London's Chiswick Park has now become a home to the biggest oilfield service company concentration outside Aberdeen.

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Teams from Central Europe Dominate Scoreboard at 2013 US Solar Decathlon

The US Solar Decathlon of the year 2013 was held at Orange County Calif. Teams from Central Europe rules the score board by grabbing top positions. Though one formidable Southwest candidate, Team Las Vegas is placed at second position.

German-speaking Europeans have come out as a winner for the third time in the history of 11 years of the event.

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