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E.ON Sells Stake in Finnish Nuclear Project

E.ON Sells Stake in Finnish Nuclear Project

Παρ, 15 Φεβρουαρίου 2013 - 17:56

Finland's Voimaosakeyhtioe SF said Friday it has purchased German utility company E.ON AG's (EOAN.XE) 34% share of Fennovoima, which owns a nuclear power plant project in Pyhaejoki.

The EUs Broken Emissions Scheme

The EU's Broken Emissions Scheme

Παρ, 15 Φεβρουαρίου 2013 - 17:56

The European Union's Emissions Trading Scheme should be the world's biggest and best legislative action against climate change. Instead it is a broken, dying scheme that has the confidence of neither the affected companies nor environmental campaigners.

N.Korea Tells China of Preparations for Fresh Nuclear Test

N.Korea Tells China of Preparations for Fresh Nuclear Test

Παρ, 15 Φεβρουαρίου 2013 - 17:56

North Korea informed China of its plans to hold one or even two fresh nuclear tests this year with the aim of forcing the United States into diplomatic talks, Reuters reported Friday, citing a person with direct knowledge of the exchange.

Bulgaria: Yuliana Ivanova to Be Head of SEWRC

Bulgaria: Yuliana Ivanova to Be Head of SEWRC

Πεμ, 14 Φεβρουαρίου 2013 - 13:03

The government named Yuliana Ivanova as chair of the energy regulator, succeeding Angel Semerdzhiev who was dismissed a fortnight ago.Ivanova has worked at the mining complex Mini Maritsa East and the Bulgarian unit of German engineering company Fichtner, ACE. Over the past nine years, she has acted as consultant to Germany's RWE.

Iberdrola Net Profit Up on Foreign Operations Contribution

Iberdrola Net Profit Up on Foreign Operations Contribution

Πεμ, 14 Φεβρουαρίου 2013 - 12:56

Spanish utility Iberdrola SA (IBE.MC) said Thursday that net profit rose 1.3% last year as the contribution of its foreign operations offset continued weakness in its home market, where a year-long recession is weighing on energy demand.

Rosneft Signs $14.2Bln Loan Agreement on TNK-BP Deal

Rosneft Signs $14.2Bln Loan Agreement on TNK-BP Deal

Τετ, 13 Φεβρουαρίου 2013 - 17:47

Russia's state-controlled oil giant OAO Rosneft (ROSN.RS) said Wednesday it has signed a $14.212 billion financing deal with a group of international banks for the purchase of 50% of TNK-BP (TNBP.RS) from a consortium of Soviet-born tycoons.

Yamal LNG Holds Talks With Five European Companies To Sell 50% Of Its LNG

Yamal LNG Holds Talks With Five European Companies To Sell 50% Of Its LNG

Τετ, 13 Φεβρουαρίου 2013 - 17:46

Yamal LNG, Novatek (NVTK.RS), Russia's largest independent natural gas producer's joint venture with France's Total S.A. (TOT), is in talks with five European companies to sell half of its volumes of liquefied natural gas, or LNG, Christoph Thomas, Total's LNG expert in Russia, said on the sidelines of the conference "Shelf of Russia - 2013," Interfax reported Wednesday.

Greek Operator LAGIE Projects Less Renewable Capacity and More Deficit in 2013 and 2014

Greek Operator LAGIE Projects Less Renewable Capacity and More Deficit in 2013 and 2014

Τετ, 13 Φεβρουαρίου 2013 - 15:18

Greek electricity market operator, LAGIE, published comprehensive data about the renewable energy installations in 2012 and also about the cost of RES for the country. LAGIE also made detailed projections about new installations in 2013 and 2014 and suggested that the government needs to implement new measures in order to reduce the deficit that is created by the rising renewable capacity.