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Bulgaria to Get 260 Mln Euro in Grants under Kozloduy Decommissioning Fund

Δευ, 26 Νοεμβρίου 2012 - 14:12

The EU offered to make available to Bulgaria 260 million euro ($335.6 million) in grants under the Kozloduy International Decommissioning Support Fund (KIDSF) by 2020.

Kiev Sets up $856 Mln LNG Terminal Consortium

Δευ, 26 Νοεμβρίου 2012 - 13:21

Kiev signed a deal on Monday creating a consortium of investors for a liquid natural gas terminal, including America's Excelerate Energy and Spain's Gas Natural Fenosa, Ukraine's national projects agency said.

IEA Urges South Korea to Reform Electricity, Gas Markets

Παρ, 23 Νοεμβρίου 2012 - 17:53

The International Energy Agency Friday urged South Korea to loosen state-run companies' grip on the country's electricity and natural gas markets, and received cautious backing from the government.

UK To Increase Renewable Subsidy but Won't Commit on Emissions

Παρ, 23 Νοεμβρίου 2012 - 17:53

The U.K.'s coalition government Friday ended months of wrangling by agreeing details of an energy policy that increases subsidies for the renewables sector but delays any commitment to emissions-free generation.

BP Appoints Lamar McKay as New Head of Upstream

Παρ, 23 Νοεμβρίου 2012 - 17:52

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013.

A Logical Choice: Renewable Energy and Energy Efficiency

Παρ, 23 Νοεμβρίου 2012 - 15:07

The choice of renewable energy and energy efficiency in Europe is logical and mature. There are numerous solutions offered by both that lead to higher economic growth, job creation and energy security as well as better consumer comfort.

Russia Warns Gazprom Probe, Rules May Raise EU Gas Price

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Russian Deputy Prime Minsiter Arkady Dvorkovich said Russia could retaliate if the European Union's antitrust investigation into OAO Gazprom (GAZP.RS) leads to sanctions, and that "regulatory risks" could cut supplies from Gazprom and result in higher gas prices, Kommersant daily reported Thursday.

Saudi Arabia to Adopt Renewable Energy Program Early '13

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Top oil exporter Saudi Arabia will adopt a renewable energy program at the start of 2013 and hopes to have its first nuclear power plant operational by 2020 to meet soaring demand for electricity as its economy expands.

Gazprom Could Increase Gas Transit Via Belarus by 30%

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) could invest $2 billion to increase the volumes of natural gas it sends via Belarus to Europe by 30%, Russian newswires quoted Gazprom's Chief Executive Alexei Miller as saying Thursday.

Enel Green Power Wins Contact For Wind Farm in Mexico

Πεμ, 22 Νοεμβρίου 2012 - 17:38

Enel Green Power (EGPW.MI) has won a $130 million contract with Mexico to build a wind farm in the coastal state of Oaxaca.

PGS MultiClient Enters Greece with GeoStreamer GSTM

Πεμ, 22 Νοεμβρίου 2012 - 15:52

Petroleum Geo-Services has started a MC2D campaign in offshore Greece in cooperation with the Ministry of Environment, Energy and Climate Change of the Republic of Greece. M/V Nordic Explorer will acquire the marine seismic data and gravity-magnetic data from mid-November 2012 to end-January 2013. The energy minister Evangelos Livieratos visited Nordic Explorer with other ministry

Russian Government Approves Rosneft’s TNK-BP Buy Deal

Πεμ, 22 Νοεμβρίου 2012 - 12:26

The Russian government has given all approvals for state-controlled oil giant Rosneft to buy 100 percent of TNK-BP from British oil major BP and the AAR consortium of Russian billionaire shareholders, Deputy Prime Minister Arkady Dvorkovich said on Thursday.

Rise in Electricity Prices Likely in 2013, Says Greek Government

Τετ, 21 Νοεμβρίου 2012 - 18:17

The Greek undersecretary of Energy, Asimakis Papageorgiou, said today, during a press meeting, that a rise in electricity prices is likely for 2013.