English Edition

EU Seeks Progress in Doha on Global CO2 Market

Πεμ, 16 Αυγούστου 2012 - 11:56

There needs to be a decision adopting core rules for a global voluntary carbon market at the climate change convention in Doha at the end of this year, Cyprus and the European Commission have said.

Saudi Aramco Computers Hit by Virus

Πεμ, 16 Αυγούστου 2012 - 11:45

Saudi Aramco said its computer systems had been shut down by a virus late on Wednesday, but it added that production had not been affected, according to a report.

Romania Transelectrica Net Profit Falls To RON22.6M In 1H

Τρι, 14 Αυγούστου 2012 - 12:54

Romanian state-run power grid operator Transelectrica (TEL.RO) Tuesday said its net profit dropped 87.4% on the year to 22.58 million lei ($6.13 million) in the first half, hit by higher costs, news agency Mediafax reports.

Romanian Transgaz 1H Net Profit Down 18% To RON210.3M

Τρι, 14 Αυγούστου 2012 - 12:53

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its net profit fell 17.6% on the year to 210.3 million lei ($57.1 million) in the first half, due to higher costs, news agency Mediafax reports.

India Suzlon Stock Hits Record Low on Third Straight Quarterly Loss

Τρι, 14 Αυγούστου 2012 - 12:53

The once high-flying stock of Suzlon Energy Ltd. (532667.BY) fell to a record low of 16.35 rupees Tuesday morning, following a third straight quarterly loss reported late Monday.

Iran Confident Israel Won't Launch "Stupid" Attack

Τρι, 14 Αυγούστου 2012 - 12:53

Iran Tuesday said it is dismissing Israeli threats of an imminent attack against it, explaining that even some Israeli officials realized such a "stupid" act would provoke "very severe consequences."

Bulgaria’s 2011 Natgas Output Soars to 443 Mln Cu M, Imports up 6.0%

Τρι, 14 Αυγούστου 2012 - 11:56

Bulgaria's domestic production of natural gas last year reached 443 million cubic metres (cu m), compared to only 74 million cu m in 2010, data from the country's economy ministry showed.

Greek Energy Regulator Approves the Entry-Exit Tariffs for Access to the National Natural Gas System

Δευ, 13 Αυγούστου 2012 - 15:11

Further to the issuance by RAE of the Tariff Regulation in July 2012, RAE announces the approval of the tariffs for access to the National Natural Gas System (Transmission System and LNG Terminal) set by the TSO, in accordance with the provisions of article 88 of Law 4001/2011.

Iran Needs Higher Oil Price to Balance Budget - Mideast Institute

Δευ, 13 Αυγούστου 2012 - 15:08

Iran needs an oil price of $127 a barrel to balance its budget, amid increased spending needs among all oil producers, an influential Middle Eastern institute says.

China July Diesel Output 13.87 Mln Tons, Down 0.4% on Year

Δευ, 13 Αυγούστου 2012 - 15:08

China produced 13.87 million metric tons of diesel in July, down 0.4% compared with a year earlier, and 7.45 million tons of gasoline, up 10.1%, data from the National Bureau of Statistics showed Monday.

Japan July Power Output Down 1.4% On Year

Δευ, 13 Αυγούστου 2012 - 15:08

Electricity generated by Japan's 10 regional power utilities fell 1.4% on year in July to 81.78 billion kilowatt-hours as temperatures during the month trended a little lower than the previous year, resulting in lower demand for air conditioning, the Federation of Electric Power Companies said Monday.

Gazprom Neft Net Profit Up On Year On Higher Output And More Refining

Δευ, 13 Αυγούστου 2012 - 15:08

Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Monday that net profit for the first half increased 0.4% on last year to 78.7 billion Russian rubles ($2.47 billion), on the back of increased hydrocarbon production and higher oil-refining volumes.

E.ON's Debt Rises Nearly 13% But Is Expected To Fall In Rest Of 2012

Δευ, 13 Αυγούστου 2012 - 15:07

E.ON AG (EOAN.XE) Monday reported a near 13% increase in net debt in the first half of the year compared with the end of last year driven mainly by the company's investment program and dividend payments to shareholders.