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EDF, UK Seen Agreeing Price For Nuclear Power By Year End -FT

Πεμ, 29 Νοεμβρίου 2012 - 18:10

Electricite de France SA (EDF.FR) and the U.K. government are expected to agree a "strike price" for electricity generated at Hinkley Point, the new nuclear power station the company plans to build, by the end of the year, the head of its U.K. subsidiary said, according to the Financial Times Thursday.

EU: Studying Implications of German Energy Law for State Aid

Πεμ, 29 Νοεμβρίου 2012 - 18:10

The European Union's antitrust authorities are looking into a new German energy law to assess its compatibility with EU state aid rules after receiving a complaint, a spokesman said Thursday.

EDF: Court Decision on Electricity Prices Won't Impact Earnings

Πεμ, 29 Νοεμβρίου 2012 - 18:10

French power company Electricite de France SA (EDF.FR) Thursday said the ruling of the country's highest administrative court, the Conseil D'Etat, on electricity prices won't have any impact on the company's earnings as it doesn't imply they will be any refund to the company's millions of customers in the country.

Cheniere: US LNG Export Terminal Construction Ahead of Schedule

Τετ, 28 Νοεμβρίου 2012 - 16:20

Cheniere Energy Inc. (LNG) told federal regulators Tuesday that construction is ahead of schedule on what would be the first liquefied natural gas export terminal in the lower U.S.

Swedish Utility Vattenfall Sets New Targets

Τετ, 28 Νοεμβρίου 2012 - 16:20

Swedish utility Vattenfall Group Wednesday said it has set new financial and sustainability targets.

Greek Company Says It Refused to Refuel Iranian Tanker

Τετ, 28 Νοεμβρίου 2012 - 16:19

An Iranian tanker with a Tanzanian flag was turned away when it sought to refuel at an island offshore Athens after its real nationality was discovered, a Greek fuel supplier said Wednesday, illustrating how Western sanctions against Iran continue to impede the Islamic Republic's efforts to keep trade flowing.

Greek Wholesale Power Price Unrepresentative

Τετ, 28 Νοεμβρίου 2012 - 11:37

Greek state-controlled utility PPC continues to suffer from distortions in the power market which mean that the system marginal price (SMP) is increasingly unrepresentative of actual power costs.

BP Sells its LPG Assets and Petgaz Business in Turkey to Oteko Group

Τετ, 28 Νοεμβρίου 2012 - 11:13

British oil major BP’s Turkish unit said it had sold its liquefied petroleum gas (LPG) assets and Petgaz business in Turkey to Russia’s Oteko Group, which transports crude oil and oil products within Russia.

70 MW of new RES Capacity Await the Completion of the Licensing Procedure in Bulgaria

Τετ, 28 Νοεμβρίου 2012 - 11:12

Around 70 MW of new renewable energy capacity await the completion of the licensing procedure at Bulgaria's State Commission for Energy and Water Regulation (DKEVR), according to DKEVR Chair Angel Semerdzhiev.

Nigeria to Export at Least 2.2M B/D of Oil in January

Τρι, 27 Νοεμβρίου 2012 - 17:57

Nigeria, one of Africa's key energy producers, is set to export at least 2.2 million barrels a day of crude oil in January, largely in line with the volumes originally scheduled to load in December, according to provisional loading programs seen by Dow Jones Newswires this and last week.

Poland's PGNiG Seeks Lower Regulated Gas Prices after Gazprom Deal

Τρι, 27 Νοεμβρίου 2012 - 17:57

Polish gas firm PGNiG SA (PGN.WA) has asked the Polish energy regulator to approve a cut in the regulated prices of natural gas after Russia's OAO Gazprom (GAZP.RS), its main supplier, agreed to lower its prices, the company said Tuesday.

Lukoil to Increase Share of Gas in Overall Output to 27%

Τρι, 27 Νοεμβρίου 2012 - 17:57

Russia's largest independent oil producer, OAO Lukoil Holdings (LKOH.RS), will increase the share of natural gas in its production to 27% from 16%, Deputy Chief Executive Andrey Gaidamaka said Tuesday, without giving a timeframe.

BP in Early Talks Over Nord Stream Link to Bring Russian Gas to UK

Δευ, 26 Νοεμβρίου 2012 - 17:58

BP PLC (BP) is in early talks with the OAO Gazprom (GAZP.RS)-led Nord Stream pipeline consortium, that ships Russian natural gas into Europe, over an extension of the link to carry the gas straight into the U.K., a spokesman said Sunday.