English Edition

Greece’s Power Generator Tests Euro Fitness Amid Blackout Threat

Δευ, 13 Αυγούστου 2012 - 13:02

In the mountains of northern Greece lies an $800 million power plant whose future may help determine whether the country can salvage its euro status.

Source Says Germany's RWE Presents Plan for up to 2,400 Job Cuts

Παρ, 10 Αυγούστου 2012 - 13:26

Management at Germany utility RWE AG (RWEOY, RWE.XE) presented plans for up to 2,400 additional job cuts at a Thursday board meeting, Reuters reported, citing a person familiar with the situation.

Cheniere Proceeding With LNG Export Facility in Louisiana

Παρ, 10 Αυγούστου 2012 - 13:26

Cheniere Energy Partners L.P. (CQP) is moving ahead with the construction of facilities to liquefy and export natural gas in Louisiana, bringing the U.S. one step closer to becoming a major exporter of the commodity.

IEA: Japan May Need 390,000 B/D More Oil This Year on Nuclear Outage

Παρ, 10 Αυγούστου 2012 - 13:25

Japan will need up to 390,000 barrels a day of additional oil this year if the country keeps the 48 reactors currently offline idle for the rest of the year, the International Energy Agency said Friday in its monthly report.

Refinery Runs To Increase In Q3 From Previous Year -IEA

Παρ, 10 Αυγούστου 2012 - 13:24

Even accounting for faltering oil demand from China, global refinery runs in the period from July to September will be even greater this year than last, the International Energy Agency said in its monthly oil market report Friday.

Bulgaria’s Electricity Exports Below 1,700 MW Capacity

Παρ, 10 Αυγούστου 2012 - 13:03

Bulgaria's power export capacity stands at 1,700 megawatts (MW) but exports rarely exceeded 1,350 MW in the past months, the country's Electricity System Operator (ESO) said.

Greek Regulator Sets Renewable Charge at 7,5 Euros per MWh

Πεμ, 9 Αυγούστου 2012 - 16:22

The greek energy regulator (RAE) decided on Thursday to increase the renewable charge that electricity consumers have to pay through their bills, to 7.50 euros per MWh for the period between August 2012 and June 2013.

Iraq Resumes Kirkuk Oil Flow to Turkey

Πεμ, 9 Αυγούστου 2012 - 15:58

Iraq has resumed oil exports from the northern Kirkuk fields to the Mediterranean port of Ceyhan after a halt of three days, two Middle East shipping agents said Thursday.

BP, Total, Azerbaijan's Socar To Fund TAP Gas Pipeline Project

Πεμ, 9 Αυγούστου 2012 - 15:58

Plans for the Trans Adriatic Pipeline project, aimed to carry Caspian natural gas to Italy, received a boost Thursday, as the pipeline consortium said energy giants BP PLC (BP), France's Total SA (TOT) and Azerbaijan's state oil company Socar have agreed to fund the project.

Azerbaijan January-July Crude Output Down 6.5% On Year

Πεμ, 9 Αυγούστου 2012 - 15:58

Oil output in Azerbaijan fell 6.5% in the first seven months of 2012 compared with the year earlier period, to 25.9 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Thursday.

China Sunergy Deepens Partnership with Bulgarian Developer V2M to Expand in Eastern Europe

Πεμ, 9 Αυγούστου 2012 - 15:57

China Sunergy Co., Ltd., a specialized solar cell and module manufacturer, today announced that it had agreed to supply 50MW in multi-crystalline PV modules to its Bulgarian partner V2M and its affiliates, for projects in Romania and FYROM, in the third and fourth quarters of 2012.

Greece, Italy agree to back the Trans-Adriatic Pipeline

Πεμ, 9 Αυγούστου 2012 - 12:03

The Greek and Italian governments have agreed to back the Trans-Adriatic Pipeline (TAP), which could improve the project’s chances of winning a long contest to become the means of reducing Europe’s reliance on Russia by bringing in Azeri gas.

Greek Regulator Stops Permitting Process for New Renewable Projects in Peloponnisos

Τετ, 8 Αυγούστου 2012 - 15:21

The Greek energy regulator (RAE) decided on Wednesday to stop all new permits for renewables in the region of Peloponnisos, because the local electricity grid has almost reached its limits.