1. English Edition

English Edition

Gazprom May Buy Back Its Shares

Gazprom May Buy Back Its Shares

Παρ, 24 Ιανουαρίου 2014 - 17:49

Russia's gas monopoly Gazprom (GAZP.RS) mulls a buyback of its own shares on the market, Interfax news agency says, citing a source at the gas giant.

Chinas LNG Imports Hit Record in December -CIMB

China's LNG Imports Hit Record in December -CIMB

Παρ, 24 Ιανουαρίου 2014 - 17:49

China's liquefied natural gas imports touched a record in December and are expected to keep growing as the country builds more regasification plants, CIMB analysts say in a note.

E.ON to Curb Power Output in U.K. Despite Warnings

E.ON to Curb Power Output in U.K. Despite Warnings

Πεμ, 23 Ιανουαρίου 2014 - 18:52

Utility E.ON (EONGY, EOAN.XE) will close one gas-fired power station and expects to reduce output at three others despite continued warnings from the U.K.'s National Grid and others that Britain faces a capacity crunch and potential blackouts, The Guardian reported Thursday.

Russia Shows Interest in Buying MOLs Stake in INA

Russia Shows Interest in Buying MOL's Stake in INA

Πεμ, 23 Ιανουαρίου 2014 - 18:52

Russian officials showed interest in buying Hungarian oil and gas firm MOL Nyrt's (MOL.BU) stake in its Croatian subsidiary INA d.d. (INA.ZG), Hungarian business weekly Figyelo reports Thursday.

Irans President Seeks Constructive Engagement With World

Iran's President Seeks Constructive Engagement With World

Πεμ, 23 Ιανουαρίου 2014 - 18:51

Iranian President Hassan Rouhani told business leaders Thursday that his government seeks "constructive engagement" with the world to promote economic development as well as peaceful coexistence.

Bulgarian Power co NEK end-Oct Debts Total 1.2 Bln Euro

Bulgarian Power co NEK end-Oct Debts Total 1.2 Bln Euro

Πεμ, 23 Ιανουαρίου 2014 - 14:19

The debts of Bulgarian state-owned electricity company NEK added up to 2.35 billion levs ($1.63 billion/1.2 billion euro) at the end of October, the economy and energy ministry said.

Oil Tanker Suspected Hijacked Off West Africa

Oil Tanker Suspected Hijacked Off West Africa

Τετ, 22 Ιανουαρίου 2014 - 17:58

An oil tanker that has disappeared off the coast ofWest Africamay have been hijacked by pirates, potentially marking the most southerly such attack to date in increasingly dangerous waters off African oil hubs Nigeria and Angola.

China Reforms Hydro-Electricity Prices

China Reforms Hydro-Electricity Prices

Τετ, 22 Ιανουαρίου 2014 - 17:57

Chinaon Wednesday said it would reform the price that power-grid operators pay to hydropower plants for electricity to encourage investment in the industry.

Gazprom to Sign Gas Deal With China in May

Gazprom to Sign Gas Deal With China in May

Τετ, 22 Ιανουαρίου 2014 - 17:57

Russian state-owned gas major OAO Gazprom (GAZP.RS) has proposed a gas supply deal with China National Petroleum Corp. be signed in May when the Russian president Vladimir Putin visits China.

EU Shies Away From Legislation on Shale Gas

EU Shies Away From Legislation on Shale Gas

Τετ, 22 Ιανουαρίου 2014 - 17:56

Britainscored a victory Wednesday, when the European Commission shied away from earlier plans to put forward legislation on the exploration of shale gas.

European Commission: The 2030 Climate and Energy Goals

European Commission: The 2030 Climate and Energy Goals

Τετ, 22 Ιανουαρίου 2014 - 14:49

A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at least 27%, renewed ambitions for energy efficiency policies, a new governance system and a set of new indicators to ensure a competitive and secure energy system. These are the pillars of the new EU framework on climate and energy for 2030 presented today by the European Commission.

New CEO Appointed at Mini Maritsa Iztok Coal Mines

New CEO Appointed at Mini Maritsa Iztok Coal Mines

Τρι, 21 Ιανουαρίου 2014 - 18:42

The board of state-owned Bulgarian Energy Holding (BEH) has appointed Georgi Zlatev as the executive director of the Mini Maritsa Iztok coal mines, the Bulgarian national radio reported.

GDF Suez Looks Further Away From Europe

GDF Suez Looks Further Away From Europe

Τρι, 21 Ιανουαρίου 2014 - 18:41

Utility GDF Suez SA's (GSZ.FR) sees its prospects in Europe limited by a lingering economic crisis and competition from heavily subsidized renewable sources, its chairman and chief executive Gerard Mestrallet said Tuesday.