fbpx

Energy Blast – Aug 19, 2008

Is oil production falling at all of the major Western oil companies because of a loss of influence? Oil prices have fallen as Tropical Storm Fay avoided oil-producing infrastructure in the Gulf of Mexico. The Czech Republic and Poland have signed a deal enabling companies from both countries to explore cross-border coal deposits in the region. Russia’s MRSK Holding, a new blue-chip stock in the electricity sector, has begun trading with an implied market capitalisation of around $6.5 billion.