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Ferragamo Counts on German Module Manufacturer, Aleo

Ferragamo Counts on German Module Manufacturer, Aleo

aleo solar AG has recorded a high number of repeat-orders in Italy: aleo modules are often re-ordered to expand solar systems or in the case of new projects on the roofs of both private homes and companies as well as on other appropriate surfaces.

Rosneft Net Profit Slightly Down At $3.0 Billion

Rosneft Net Profit Slightly Down At $3.0 Billion

Russian state oil producer OAO Rosneft (ROSN.RS) Friday said fourth-quarter net profit fell 2% from last year partly due to higher taxes on the huge Vankor field and higher transportation costs, but was still supported by higher oil prices and a weaker ruble.

EU: Gas Shortage Hits Eastern Europe, Greece, Italy, Austria

EU: Gas Shortage Hits Eastern Europe, Greece, Italy, Austria

Russian natural gas supplies to Europe were curtailed for a third straight day Friday, as particularly cold winter weather increased Russia's domestic demand and hit flows to a number of European Union countries.

Weighted Average Import Price (WAIP) of Natural Gas in Greece

Weighted Average Import Price (WAIP) of Natural Gas in Greece

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

Subsidies Cut for Solar Power Producers

Subsidies Cut for Solar Power Producers

Cash-strapped Greece cut its subsidies for solar power producers on Wednesday, saying it could no longer afford to pay the current rates and that it had already licensed all the units it needs to meet its renewable energy targets.

Shell Looking At Ways To Improve US Gas Profits

Shell Looking At Ways To Improve US Gas Profits

Royal Dutch Shell PLC (RDSA) is actively looking at ways to improve the profits it gets from U.S. natural gas, including seeking land for potential liquefaction and export terminals.

Greece Seeking Backup Oil Supply Against Iranian Embargo

Greece Seeking Backup Oil Supply Against Iranian Embargo

Greece said Thursday it was looking for alternative options to counterbalance the effects of a planned European Union embargo on Iranian oil imports on its struggling economy.

Alstom, Rosatom Secure EUR875 Million Contract In Russia

Alstom, Rosatom Secure EUR875 Million Contract In Russia

Power-equipment and train manufacturer Alstom SA (ALO.FR) and its Russian partner Rosatom have signed a EUR875 million contract to supply machinery to the Baltic nuclear power plant located in Kaliningrad in western Russia.

Statoil To Sell Its Iraq Oil Field Stake To Lukoil - Official

Statoil To Sell Its Iraq Oil Field Stake To Lukoil - Official

Norway's Statoil (STL.OS) is intending to sell its stake in Iraq's supergiant West Qurna phase 2 oil field in southern Iraq to Russia's Lukoil (LUKOY), a senior Iraqi oil ministry official told Dow Jones Newswires by phone from Baghdad Thursday.

Wind Power Grows 23 pct

Wind Power Grows 23 pct

Wind-powered electricity capacity in Greece rose by 23.18 percent last year, according to data released on Tuesday by the Hellenic Wind Energy Association.