English Edition

Alstom Announces Deal to Build Israeli Power Storage Plant

Πεμ, 9 Ιανουαρίου 2014 - 18:31

French engineering group Alstom SA (ALO.FR) has won a contract valued at 120 million euros ($163 million) to build Israel's first hydroelectric storage facility, the company said Thursday.

Oil-Tanker Charter Data Show Shift to China

Τετ, 8 Ιανουαρίου 2014 - 18:28

Steady energy demand in the world's second-largest oil-consuming country has been a saving grace for the oil-tanker market, with much of the credit going to one Chinese oil trader: China International United Petroleum & Chemicals Co., better known as Unipec.

A Rusty Outlook for Iron Ore

Τετ, 8 Ιανουαρίου 2014 - 18:28

Iron ore may have outperformed other commodities last year with record exports from Australia, but the price of the metal used to make steel looks set to decline this year as China's growth slows.

Brazil's Petrobras Raised About EUR3.8 Billion in Bond Sale

Τετ, 8 Ιανουαρίου 2014 - 18:27

Brazil's state-run oil firm Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Tuesday evening it raised the equivalent of EUR3.8 billion through the sale of bonds denominated in euros and pounds sterling.

Libya Rebel Group Calls on Tankers to Load Oil from Occupied Port

Τετ, 8 Ιανουαρίου 2014 - 18:27

A Libyan rebel group is escalating a standoff with Tripoli by calling on tanker owners to lift oil at a port it has occupied and ignore a central government ban on such loading.

Turkey Says Halkbank to Keep Mediating Iran Oil Payments

Τετ, 8 Ιανουαρίου 2014 - 18:26

Turkey said Wednesday that the state-owned Halkbank, whose chief executive was rounded up in a sweeping corruption investigation, would continue to handle payments for energy imports from neighboring Iran.

Energy Regulator Gives Nod to NEK, ESO Split-up

Τετ, 8 Ιανουαρίου 2014 - 13:31

The Bulgarian energy regulator has given its approval to the split-up of state-owned electricity company NEK and Electricity System Operator (ESO), a notice on the watchdog’s website indicated.

EDF's 2013 French Nuclear Power Output Falls Slightly

Τρι, 7 Ιανουαρίου 2014 - 19:14

French state-owned power utility Electricte de France SA (EDF.FR), or EDF, said its nuclear energy output in 2013 was slightly lower than in the previous year as its power plants were closed for more days for maintenance.

Rouhani Defends Iran Nuclear Deal Against Hardliners

Τρι, 7 Ιανουαρίου 2014 - 19:13

Iran's President Hassan Rouhani Tuesday defended a landmark nuclear deal with world powers that promises modest sanctions relief, saying his government didn't fear "the few" domestic critics.

Japan, Turkey Agree on Trade, Nuclear Power Tie-Ups

Τρι, 7 Ιανουαρίου 2014 - 19:13

Turkish Premier Recep Tayyip Erdogan met his Japanese counterpart Shinzo Abe for free trade talks Tuesday, as pressure mounted at home over a corruption scandal in which hundreds of police officers were fired.

TAP and Greece Bulgaria Interconnector ICBG Signed MOUC Establishing Technical Cooperation

Τρι, 7 Ιανουαρίου 2014 - 15:29

The Trans Adriatic Pipeline AG (TAP) and Interconnector Greece-Bulgaria (ICGB) – the company in charge of the development, financing and construction the Interconnector Greece-Bulgaria (IGB) – have signed a Memorandum of Understanding and Cooperation (MOUC) aimed at establishing the technical cooperation in order to further develop strategic infrastructure in the region.

Shell Completes Repsol Deal

Δευ, 6 Ιανουαρίου 2014 - 13:37

Oil major Royal Dutch Shell PLC said Thursday it has completed the acquisition of Repsol SA's liquefied natural gas portfolio outside North America for $3.8 billion net, slightly lower than the $4.4 billion originally agreed on last February.

Egypt Death Toll Rises After Security Forces Break Up Rallies

Δευ, 6 Ιανουαρίου 2014 - 13:36

At least 11 people were killed when security forces broke up several protests throughout Egypt against the military regime's designation of the Muslim Brotherhood as a terrorist organization, state media reported on Friday.