WTI Crude


Brent Crude


Natural Gas




Heating Oil


Rotate device for more commodity prices


Alt Text

Kenya and Saudi Arabia Deepen Energy Ties

Oct 19, 2011 at 18:11 | Joao Peixe

Saudi Arabia is one of the leading oil exporters to Kenya and seemingly unconcerned about recent oil finds there. Regarding the oil discoveries and their potential impact on Kenyan imports…

Alt Text

Spanish Wind Power Companies Distressed by Subsidy Cuts

Oct 19, 2011 at 18:10 | Charles Kennedy

Spain’s Industry Ministry has upset the country’s burgeoning wind power sector by announcing that it intends to slash subsidies by 40 percent.  Wind power companies accuse the Ministry…

Alt Text

Mozambique, South Korea to Construct Solar Power Stations

Oct 19, 2011 at 18:08 | Joao Peixe

The Mozambican and South Korean governments have signed two loan agreements totaling $60 million to underwrite both the establishment of an Emergency Information Management System and the building of three…

Alt Text

German Energy Company Resumes Joint Projects with Gazprom in Libya

Oct 19, 2011 at 18:07 | Charles Kennedy

Germany's Wintershall Holding GMBH has restarted oil production in the Libyan desert in concessions 96 and 97, which it operates together with Russia's state owned natural gas company Gazprom, Wintershall…

Alt Text

Spain's Abengoa Corp. to Construct Bio-Ethanol Plant in Uruguay

Oct 19, 2011 at 18:06 | Charles Kennedy

Spain’s Abengoa Corp. announced that it will construct a bio-ethanol plant in Uruguay’s Paysandu department, for Alcoholes de Uruguay. The $120 million contract includes constructing an adjoining power cogeneration plant.…

Alt Text

Massive Natural Gas Discoveries in Northern Spain

Oct 18, 2011 at 18:14 | Charles Kennedy

Massive natural gas discoveries in northern Spain are reportedly sufficient to supply the country’s requirements for five years. Spain’s Basque regional premier Patxi Lopez says that surveys in Alava province…

Alt Text

German Investors Consider Renewable Energy in the Philippines

Oct 18, 2011 at 18:13 | Joao Peixe

A Swiss-German investor conglomerate Thomas Lloyd Investments Group has expressed interest to invest in the Philippines’ in partnership with Bronzeoak Philippines in Negros Occidental, a province of the Philippines located…

Alt Text

Vietnam Requests Sri Lanka to Stop Offshore Oil Exploration

Oct 18, 2011 at 18:12 | Joao Peixe

Vietnam has asked the Sri Lankan government for a block for oil and natural gas exploration activities in the Indian Ocean Mannar basin and expressed confidence that that Sri Lanka might accede…

Alt Text

First Biodiesel Plant Proposed for Schuylkill, Pennsylvania

Oct 18, 2011 at 18:11 | Joao Peixe

NAGSCO Corp., which is working with Liberty Oil, intends to construct its first biodiesel plant in Schuylkill County, to convert food waste oil into biodiesel fuel. The proposed facility is…

Alt Text

Kenyan Solar Power Projects Scarce Despite Potential

Oct 18, 2011 at 18:10 | Charles Kennedy

Kenyan solar power projects are designed to be available to individual consumers in rural areas, but funding remains scarce despite the market’s potential. Importing a finished solar pack capable of…

Oilprice - The No. 1 Source for Oil & Energy News