English Edition

South Stream Says Undersea Construction To Begin in 2014

Δευ, 10 Δεκεμβρίου 2012 - 18:18

Construction of the undersea section of the South Stream gas pipeline linking Russia to European consumers will only begin in 2014, the consortium said Monday after a major ceremony led by President Vladimir Putin launched the project. Mr. Putin on Friday oversaw a ceremonial first welding of the pipeline which is due to be completed in 2015 and start pumping the gas of Russian state giant Gazprom under the Black Sea to Europe

Russia's Rosneft Places $3 Billion in Eurobonds

Παρ, 7 Δεκεμβρίου 2012 - 17:09

Russian state-controlled oil company OAO Rosneft (ROSN.RS) has placed $3 billion in Eurobonds, the company said Friday, as it seeks to finance its $55 billion buyout of competitor TNK-BP.

Romania Power Output Falls in First 10 Months of 2012

Παρ, 7 Δεκεμβρίου 2012 - 17:09

Romanian energy output fell 2.1% on the year to 19 million metric tons of oil equivalent in the first 10 months of 2012 due to declining production in the hydropower and nuclear sectors, official data showed Friday, news agency Mediafax reports.

OMV CEO Confirms RWE to Exit Nabucco Project

Παρ, 7 Δεκεμβρίου 2012 - 17:08

German utility RWE AG (RWE.XE) will be leaving the consortium behind the proposed pipeline Nabucco West, Austrian oil and gas company OMV AG (OMV.VI) Chief Executive Officer Gerhard Roiss said Friday.

Putin Launches Construction of South Stream Pipeline

Παρ, 7 Δεκεμβρίου 2012 - 17:08

President Vladimir Putin on Friday launches construction of the South Stream pipeline that the Kremlin hopes will pump Russia's natural gas to Europe while bypassing its unpredictable neighbor Ukraine.

JinkoSolar Signs US$1 Billion Strategic Cooperation Agreement with China Development Bank

Παρ, 7 Δεκεμβρίου 2012 - 17:07

SHANGHAI and ZUG, Switzerland, Dec. 7, 2012 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that JinkoSolar (Switzerland) AG, its Swiss subsidiary, has entered into a strategic cooperation agreement ("Strategic Cooperation Agreement") with the Guangdong Branch of China Development Bank

Eni To Take 22 BCM of Russian Natural Gas in 2012

Παρ, 7 Δεκεμβρίου 2012 - 17:07

Italy's Eni SpA (E) will take 22 billion cubic meters of gas from Russia's OAO Gazprom (GAZP.RS) this year and won't fulfill its "take-or-pay" commitments, Interfax news agency quoted the company's chief executive, Paolo Scaroni, as saying Friday.

Rosneft, ExxonMobil Sign West Siberia Exploration Agreement

Παρ, 7 Δεκεμβρίου 2012 - 13:30

Russian and US oil majors Rosneft and ExxonMobil signed an agreement Thursday to jointly explore the commercial potential of oil fields in Western Siberia, a Rosneft press release said Friday.

Noble to Deliver 750 MCF of Leviathan Gas Daily

Παρ, 7 Δεκεμβρίου 2012 - 13:13

Noble Energy Inc.(NYSE:NBL) plans delivering up to 750 million cubic feet of gas per day from the Leviathan field in the first phase of development in its 2012, the company told its analysts conference The first gas will be delivered, the company added, via a northern entry point in 2016.

Bulgargaz To Propose 9.0% Cut in NatGas Prices as of January 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:56

Gas monopoly Bulgargaz will most likely propose a 9.0% reduction of natural gas prices as of January 1, the company's executive director Dimitar Gogov said.

French Regulated Gas Tariffs May Rise 2% to 3% Jan 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Regulated gas prices in France may rise between 2% and 3% from Jan. 1, French daily Le Figaro reports Thursday, without citing its sources.

Russia, China May Sign Gas Deal Within Months - Russia Deputy PM

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Russia and China will sign a deal on the price and route of Russian natural gas deliveries within months, Russian Deputy Prime Minister Arkady Dvorkovich said Thursday, even as talks between top officials from both countries in Moscow appear to have yielded no breakthrough.

Swedish Nuclear Reactor Ordered Offline Due to Safety Concerns

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

The Oskarshamn 2 nuclear reactor in southern Sweden will be taken offline Thursday after the Swedish Radiation Safety Authority ordered an immediate shut-down due to safety concerns.

Neon Energy Participates in ELIH MED’s Energy Efficiency in Low Income Housing in the Mediterranean

Πεμ, 6 Δεκεμβρίου 2012 - 15:14

NEON ENERGY CYPRUS LTD. participates in ELIH MED’s strategic initiative “Energy Efficiency in Low Income Housing in the Mediterranean”, offering free Photovoltaic Systems and in so doing, the company makes a significant contribution to the first pilot PV installations that utilize Net Metering in Cyprus.

Estonia Blocks Nord Stream Exploration Request

Πεμ, 6 Δεκεμβρίου 2012 - 14:49

Estonia on Thursday denied Nord Stream’s request to study areas of the Baltic Sea bed falling within the nation’s commercial waters, the Estonian government's press service said.

Russia and China Seal Energy Deals

Τετ, 5 Δεκεμβρίου 2012 - 18:44

Russia and China signed several energy deals Wednesday, but appeared to make little progress on the central issue of sales of Russian gas to China, officials said.