English Edition

Laconia Power Plant Plan Opposed

Παρ, 18 Ιανουαρίου 2008 - 02:15

An application by a private firm for a permit to build an electricity plant in a protected Natura 2000 area on the southeastern tip of the Peloponnese has mobilized local residents concerned that construction of the 448-megawatt plant at Asproudia will mean the end of their livelihoods and way of life.

Russia-Bulgaria Gas Deal Seen in Doubt as Putin Starts Visit

Παρ, 18 Ιανουαρίου 2008 - 02:04

President Vladimir Putin will seek Bulgarian assent to an ambitious scheme securing Russian expansion of gas deliveries into Southern Europe when he visits Sofia on possibly his last foreign visit before stepping down.

EU rap for Athens Over Emissions

Παρ, 18 Ιανουαρίου 2008 - 01:57

European Environment Commissioner Stavros Dimas yesterday issued a stern rebuke against the government for allegedly inadequately monitoring its carbon dioxide (CO2) emissions, saying that Greece could sabotage efforts by other European Union states to curb global warming.

Albania Suffers Power Cuts from Overload

Παρ, 18 Ιανουαρίου 2008 - 01:54

Albania suffered an “almost total” power cut yesterday as excess electricity imports from Serbia and Montenegro overloaded local circuits, a Greek official said.

Bulgaria, Russia Not Ready To Sign South Stream Deal - AFP

Πεμ, 17 Ιανουαρίου 2008 - 10:37

SOFIA (AFP)--Bulgaria and Russia are discussing a pipeline to carry Russian gas to Europe, but no agreement will be signed this week during a visit here of Russian President Vladimir Putin, Bulgarian Foreign Minister Ivaylo Kalfin said Thursday.

Iraq Official: No Cooperation With Oil Cos Over Kurdish Deals

Πεμ, 17 Ιανουαρίου 2008 - 10:35

BAGHDAD (AP)--The Iraqi Oil Ministry has decided to stop cooperating with international oil companies participating in production-sharing contracts with the Kurdish regional administration in northern Iraq, an official said Thursday.

Kazakhstan $5B Worse Off From New Kashagan Deal -Pressure Grp

Πεμ, 17 Ιανουαρίου 2008 - 10:29

ROME (Dow Jones)--The government of Kazakhstan will lose $5 billion from the agreement settling a dispute with top western oil companies over the Kashagan oil field, according to a study to be published Friday by a pressure group.

CERA's Yergin:New Oil Fields May Offset Output Drop

Πεμ, 17 Ιανουαρίου 2008 - 02:35

Output from the world's existing oil fields is declining at a rate of about 4.5% annually, a new study concludes, depriving the world of the same amount of oil that No. 4 producer Iran supplies in a year. Yet the study's authors, Boston-based Cambridge Energy Research Associates, argue that their assessment supports a generally rosy view of the industry's future.

Kirkuk Oil Stored At Ceyhan Terminal 0.45M Bbls - Shipper

Πεμ, 17 Ιανουαρίου 2008 - 02:30

LONDON (Dow Jones)--Oil shipments from Iraq's Kirkuk oil fields into the Turkish Mediterranean export terminal of Ceyhan are on hold for the fifth consecutive day, a local shipping agent said Thursday at 1100 local time (0900 GMT). Flow along the pipeline stopped Sunday, the agent said after intermittent flow the previous week.

KazMunaiGas: To Increase Involvement In Managing Kashagan

Πεμ, 17 Ιανουαρίου 2008 - 02:24

ASTANA, Kazakhstan (Dow Jones)--Kazakh state energy company KazMunaiGas will increase its involvement in managing Kazakhstan's largest oil field Kashagan following an agreement with Eni SpA-led (E) consortium that a Kazakh stake be doubled, Maksat Idenov, First Vice-President of KazMunaiGas told Dow Jones Newswires.