English Edition

Greek PM: EIB To Help With Greek Infrastructure Projects

Παρ, 2 Μαρτίου 2012 - 18:24

Greece will get help from the European Investment Bank to make best use of European Union funds still available to it, especially to develop infrastructure projects and boost lending to smaller businesses, the country's premier said Friday.

Germany Urges EU To Negotiate Over Airline Emissions Fees

Παρ, 2 Μαρτίου 2012 - 18:23

Germany urged the European Commission on Friday to negotiate with countries opposed to the European Union's airlines carbon emissions fee to "de-escalate" opposition and avoid trade disputes.

Norway Hoegh Gets 10-year Lease To Build Lithuanian LNG Terminal

Παρ, 2 Μαρτίου 2012 - 18:23

Lithuania and Norwegian company Hoegh LNG Holdings Ltd. (HLNG.OS) Friday signed a deal to build a liquefied natural gas terminal as the Baltic state strives to cut its politically-charged dependence on Russian supplies.

Russia To Cut Export Duty On Super Viscous Oil By 90% -Report

Πεμ, 1 Μαρτίου 2012 - 17:36

Russia plans to cut the export duty on super viscous oil to 10% of the existing rate, which is calculated every month based on crude-oil prices, the Kommersant daily reported Wednesday.

Iran Accepting Gold For Trade Payments - Central Bank

Πεμ, 1 Μαρτίου 2012 - 17:36

Sanctions-hit Iran is to accept gold for trade payments, along with agreed currencies of other nations, the head of the central bank said, according to reports Wednesday.

Brazil's Petrobras Confirms New Pre-Salt Oil Discovery

Πεμ, 1 Μαρτίου 2012 - 17:35

Brazilian oil company Petroleo Brasileiro SA (PBR), or Petrobras, confirmed late Tuesday the discovery of a new hydrocarbon accumulation in the pre-salt layer of the southern Campos Basin.

TNK-BP To Lift Crude Exports Through Baltic, Black Sea Ports

Πεμ, 1 Μαρτίου 2012 - 17:35

Anglo-Russian oil producer TNK-BP Ltd., half-owned by BP PLC (BP), said Wednesday it plans to lift crude oil shipments by between 300,000 and 350,000 metric tons a month through the Baltic and Black Seas when supplies to its Lisichansk refinery in Ukraine are halted March 1.

Saudi Says To Honor $3.7B Aid Pledge To Egypt

Πεμ, 1 Μαρτίου 2012 - 17:35

Saudi Arabia said Wednesday that it would honor a pledge of $3.75 billion in aid to Egypt, after complaints by the Egyptian premier that donor countries were failing to respect their commitments.

Reservoir Targeting Hydroelectric Projects in Montenegro

Πεμ, 1 Μαρτίου 2012 - 17:34

Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) ("Reservoir" or the "Company") is pleased to announce that it has established an office and contracted advisors to investigate potential hydroelectric development sites in Montenegro, focusing particularly on the River Lim, just across the border from the Company's Brodarevo Projects in Serbia.

Eni, Gazprom Reach Agreement On Gas Supply Contracts

Πεμ, 1 Μαρτίου 2012 - 17:33

Italy's Eni SpA (E) said Thursday it has reached an agreement on gas supply contracts with Russian state gas firm OAO Gazprom (GAZP.RS) and discussed with its Russia partner actions for the implementation of the South Stream project.

Gasoline, Oil Prices Jump Across Greece

Τετ, 29 Φεβρουαρίου 2012 - 14:59

Athens is particularly worried by Iran’s threats to halt the supply of oil to the European Union, while the average price of unleaded gasoline has soared to 1.75 euros per liter in Greece.

Launch of DEPA Group Sale Process

Τετ, 29 Φεβρουαρίου 2012 - 14:16

HELLENIC PETROLEUM announces that, within the context of DEPA Group privatization, through an international tender process, the Hellenic Republic Asset Development Fund (HRADF) has published an Invitation for the Expression of Interest, available at the HRADF website, www.hraf.gr.

Gazprom in Talks to Buy Greek Gas Monopoly

Τετ, 29 Φεβρουαρίου 2012 - 12:34

Russian gas giant Gazprom may buy stakes in Greece's DEPA gas monopoly and its transport branch DESFA to provide direct supplies to European consumers, Vedomosti business daily newspaper reported on Wednesday.

EU Lawmakers Back Strengthening Of CO2 Market

Τρι, 28 Φεβρουαρίου 2012 - 18:32

European Union lawmakers backed Tuesday the possible withdrawal of carbon dioxide emissions permits from the EU carbon market, although using softer language than a previous proposal.

CEZ Expects Electricity Price Spike On CO2 Credit Reduction

Τρι, 28 Φεβρουαρίου 2012 - 18:31

Czech utility CEZ AS (BAACEZ.PR) expects electricity prices to rise on a likely European-wide reduction of greenhouse gas emissions credits and as Europe's economy stabilizes, and so is pre-selling future production only in limited quantities, the utility's head of sales said Tuesday.

Rosneft: Gas Production To Exceed 40 bcm/year With Itera JV

Τρι, 28 Φεβρουαρίου 2012 - 18:31

Russian state oil champion OAO Rosneft (ROSN.RS) plans to produce over 40 billion cubic meters of natural gas a year in Russia in a new joint venture with independent gas producer Itera Holding, the company said Tuesday.