English Edition

Nuclear Power Only Option Despite Fukushima - Industry

Παρ, 23 Μαρτίου 2012 - 17:15

A top industry leader on Friday defended nuclear power as the only realistic way to reduce global warming despite Japan's atomic disaster last year.

Enel Green Power Plans To Invest EUR6.1 Billion To 2016

Παρ, 23 Μαρτίου 2012 - 17:15

Enel Green Power SpA (EGPW.MI), one of the world's biggest renewables companies, said Friday it plans to invest EUR6.1 billion under its new 2012-2016 business plan.

Poland To Start Shale Gas Production 2014-15 -Minister

Παρ, 23 Μαρτίου 2012 - 17:14

Poland will begin commercial production of natural gas from shale rock deposits in late 2014 or early 2015, Treasury Minister Mikolaj Budzanowski said Friday, days after a local institute said Poland had less shale gas than previously thought.

EU Expands Iran Sanctions, Signs Off Oil Embargo Text

Παρ, 23 Μαρτίου 2012 - 17:14

European Union foreign ministers agreed Friday to add 17 Iranians to its sanctions list for human rights abuses, and also signed off on a legal text that details how they will implement an oil embargo on Iran.

EU's CO2 Trade Needs To Be Revitalized

Παρ, 23 Μαρτίου 2012 - 17:14

E.ON AG (EOAN.XE) said Friday the European Union's carbon dioxide emissions trade needs to be "revitalized" and called for a harmonization of the diverse set of rules amongst the individual EU member states.

Obama Says Middle East Tensions Add $20-$30 To Oil Prices

Παρ, 23 Μαρτίου 2012 - 17:13

President Barack Obama said that tension in the Middle East adds about $20 to $30 to a barrel of oil and is helping drive up the price of gasoline.

Enbridge Acquires 50-MW Nevada Solar Project from First Solar

Πεμ, 22 Μαρτίου 2012 - 17:38

Enbridge Inc. (TSX:ENB) (NYSE:ENB) and First Solar, Inc. (NASDAQ:FSLR) announced today that Enbridge has acquired a 100 per cent interest in the 50-megawatt (MW) Silver State North photovoltaic (PV) project that First Solar has developed and constructed in Clark County, Nevada, near the community of Primm. Terms of the transaction were not disclosed.

Iraq, Lukoil Ink $998M West Qurna Oil Deal With Samsung

Πεμ, 22 Μαρτίου 2012 - 17:38

Iraq and Russia's OAO Lukoil Holding (LKOH.RS) signed Thursday a $998 million deal with South Korea's Samsung Engineering Co. Ltd. (028050.SE) to develop the supergiant West Qurna phase 2 oil field in southern Iraq.

Rosneft Vice President Pavel Fedorov Named Deputy Energy Minister

Πεμ, 22 Μαρτίου 2012 - 17:37

Russia largest oil producer OAO Rosneft's (ROSN.RS) First Vice President Pavel Fedorov moved to work as a deputy energy minister Thursday, marking the first government appointment since Vladimir Putin returned as President at March 4 elections.

IMF: Greece Faces Delayed Loan Disbursal If Athens Fails On Milepost

Πεμ, 22 Μαρτίου 2012 - 17:37

Greece faces delayed loan disbursement if Athens fails to meet a key milepost under a new, EUR28 billion International Monetary Fund program agreed upon last week, an IMF spokesman said Thursday.

Egypt Petrol Shortage Causes Long Queues

Πεμ, 22 Μαρτίου 2012 - 17:36

Long queues snaked outside empty petrol stations in Cairo and other Egyptian cities on Thursday, as worried motorists waited for new deliveries amid fears of price hikes and longer-term scarcity.

RES Power Share Grows in Greece

Πεμ, 22 Μαρτίου 2012 - 17:02

The share of renewable energy sources (RES) in electricity production in Greece more than doubled within five years, climbing from 2.1 percent in 2006 to 5.2 percent last year, according to a survey by ICAP that will be presented on April 5.

Tamar Partners to Sell Gas to Gazprom Unit

Πεμ, 22 Μαρτίου 2012 - 13:53

The Tamar partners last night reported that they have signed a non-binding letter of intent to sell liquefied gas to Russian giant Gazprom (RTS: GAZP; LSE: OGZD; DAX: GAZ) unit Gazprom Marketing and Trading Switzerland AG (GM&T).