English Edition

IENE’s Annual «Energy and Development» to Focus on Sustainable Development and Geopolitics

Πεμ, 7 Νοεμβρίου 2013 - 17:29

As energy markets, especially in Europe, are currently in turmoil, IENE’s 18th National Energy Conference “Energy and Development 2013” (Athens, 3-4 December, 2013) comes at a critical junction to examine latest developments in Greece but also in the broader SE Europe region, thus attracting among its speakers senior executives from the EU Commission, the International Energy Agency, the Centre for Global Energy Studies (CGES) in London and other acknowledged international energy institutes and organizations

Oil Discovered at Shpiragu 2 Well in Albania

Πεμ, 7 Νοεμβρίου 2013 - 17:07

25 years after the latest oil resource discovery, Albania seems to have found another source for the black oil.

EU to Formally Ratify the Second Commitment Period of the Kyoto Protocol

Πεμ, 7 Νοεμβρίου 2013 - 12:49

The European Commission today proposed the legislation necessary for the European Union to formally ratify the second commitment period (2013-2020) of the Kyoto Protocol on climate change.

Vestas Wind Systems Net Loss Narrows, Ups Margin, Cash Flow Guidance

Τετ, 6 Νοεμβρίου 2013 - 16:34

Danish wind turbine manufacturer Vestas Wind Systems A/S (VWS.KO) said Wednesday its third quarter net loss narrowed to EUR87 million as its turnaround efforts continue according to plan, and upgraded its full year Ebit margin and free cash flow guidance.

Centrica Enters New Gas Deal With Qatar Worth GBP4.4 Billion

Τετ, 6 Νοεμβρίου 2013 - 16:33

Integrated energy company Centrica PLC (CNA.LN), said Wednesday it has entered into a four-and-a-half-year 4.4 billion pound ($7.04 billion) contract with Qatar to secure further liquefied natural gas supplies for the U.K. up to 2018.

Amount of Greenhouse Gas in Atmosphere Hits Record, Says UN

Τετ, 6 Νοεμβρίου 2013 - 16:33

The amount of greenhouse gases in Earth's atmosphere hit a record high in 2012, continuing an ever-faster rise that is driving climate change, the U.N. weather agency said Wednesday.

Iraq Vows to Work With BP on Controversial Oil Field

Τετ, 6 Νοεμβρίου 2013 - 16:33

Iraq said Wednesday it would proceed with work alongside British energy giant BP plc (BP) on a controversial northern oilfield, in a move likely to spark anger in the country's Kurdish region.

Iran Ready to Agree Nuclear Program Deal

Τετ, 6 Νοεμβρίου 2013 - 16:32

Iranian Foreign Minister Mohammad Javad Zarif on Wednesday said Iran was ready to reach an agreement on Tehran's nuclear program during upcoming talks in Geneva without offering details on how a deal might be reached.

Subsidies for Nuclear and Fossil Fuels Distort Competition - EC

Τετ, 6 Νοεμβρίου 2013 - 12:36

Subsidies for nuclear and fossil fuels distort competition between different energy sources and increase the overall cost to society of electricity generation, the European Commission states in a series of non-binding documents on state intervention in energy markets.

Carbon Taxes and Emission Trading Systems Most Cost-Effective Means of CO2 Emissions-OECD

Τρι, 5 Νοεμβρίου 2013 - 17:39

Carbon taxes and emission trading systems are the most cost-effective means of reducing CO2 emissions, and should be at the centre of government efforts to tackle climate change, according to a new OECD study.

China May Start More Carbon-Trading Markets by Year-End

Τρι, 5 Νοεμβρίου 2013 - 17:37

China will likely start carbon emissions trading in Beijing, Shanghai and Guangdong province by the end of this year, as part of efforts to control emissions and combat climate change, a senior planning official said Tuesday.

Eni Signs US Unconventional Oil Deal with Quicksilver

Τρι, 5 Νοεμβρίου 2013 - 17:36

Italian energy firm, Eni SpA (E) said Tuesday it has signed an agreement with Quicksilver Resources Inc. (KWK) to explore and develop onshore unconventional oil reservoirs in the U.S.

Gazprom Says Received Less Than 10% of Money Owed by Naftogaz

Τρι, 5 Νοεμβρίου 2013 - 17:35

Russian state gas company OAO Gazprom (GAZP.RS) has received less than 10% of the money it is owed by Ukraine's Naftogaz for August gas supplies, Gazprom spokesman Sergei Kupriyanov was quoted as saying Tuesday.