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Enel Green Power 2011 Ebitda Rises 23%, Net Debt At EUR4.1 Bln

Παρ, 27 Ιανουαρίου 2012 - 18:33

Enel Green Power SpA (EGPW.MI), one of the world's biggest renewable energy companies, said Friday that its preliminary Ebitda for 2011 jumped 23% on the year on higher revenue and growth of power generating assets.

Brazil 2011 Power Use Climbs 3.6% On Low Industrial Growth

Παρ, 27 Ιανουαρίου 2012 - 18:33

Brazilian power consumption climbed 3.6% last year as surging commercial and residential demand was offset by slower industrial demand, the government energy research corporation, EPE, said Friday.

Chevron 4Q Net Falls 3.2%; Refining Arm Posts Loss

Παρ, 27 Ιανουαρίου 2012 - 18:32

Chevron Corp. (CVX) said Friday fourth-quarter earnings fell 3.2% as its refining arm swung to a loss, widely missing Wall Street expectations and overshadowing a large addition of new oil and gas reserves.

Petroplus Files For Insolvency In Switzerland, Belgium

Παρ, 27 Ιανουαρίου 2012 - 18:32

Petroplus Holdings AG (PPHN.EB) said Friday insolvency proceedings have been filed for the troubled Swiss-based independent refiner and its subsidiaries in Switzerland and Belgium.

Poland Welcomes EU Report On Shale Gas Regulation

Παρ, 27 Ιανουαρίου 2012 - 18:32

Poland welcomes a study by the European Union's Directorate General for Energy, which concludes there is no need for new legislation to regulate shale gas exploration, an official at Poland's Ministry of Foreign Affairs said Friday.

TAP Begins Italian Surveying

Παρ, 27 Ιανουαρίου 2012 - 12:55

The Trans-Adriatic Pipeline (TAP) continues to move ahead, with the commencement of seabed surveying near San Foca, Lecce in Italy. The initial survey is expected to be completed by the middle of February if favourable weather conditions persist.

Tamar Partners Sign $750M Contract With Israeli Paper Company

Πεμ, 26 Ιανουαρίου 2012 - 18:21

U.S. energy company Noble Energy Inc. (NBL.TV) and its local partners in Israel's Tamar natural gas field said Thursday that they have signed a $750 million contract to supply natural gas to Hadera Paper Ltd. (HAP.TV) for 15 years.

European Union Takes UK To Court Over Tax, Gas Rules

Πεμ, 26 Ιανουαρίου 2012 - 18:20

The European Union is taking the U.K. to court in two cases involving its tax system and the application of the regional bloc's natural gas rules.

E.ON Confirms Talks To Sell Stake In Regional Energy Provider

Πεμ, 26 Ιανουαρίου 2012 - 18:20

E.ON AG (EOAN.XE)--Germany's largest utility by market value--said Thursday it has begun "exploratory talks" to discuss the possibility of a sale of its majority stake in a regional energy provider to local municipalities.

Russian Court Hands BP Win In Case Against TNK-BP Minorities

Πεμ, 26 Ιανουαρίου 2012 - 18:20

A Siberian arbitration court Thursday rejected an appeal by minority shareholders in BP PLC's (BP) Russian joint venture, OAO TNK-BP Holding (TNBP.RS), in a multi billion-dollar lawsuit, marking a small victory for the U.K. oil major.

Electric Car Battery Maker Ener1 Files For Bankruptcy Protection

Πεμ, 26 Ιανουαρίου 2012 - 18:19

Electric car battery maker Ener1 Inc., whose subsidiary received a $118.5 million grant from the U.S. Department of Energy, on Thursday filed for Chapter 11 bankruptcy protection.

Saudi Aramco CEO: Oil Demand Will Be Somewhat Sluggish In 2012

Τετ, 25 Ιανουαρίου 2012 - 18:38

Oil demand this year will be "somewhat sluggish" and global economic conditions will likely remain as turbulent as they were in 2011, the chief executive of state giant Saudi Arabian Oil Co., or Saudi Aramco, said Wednesday.

E.ON's Job Cut Plan Could Cost Over EUR1 Bln

Τετ, 25 Ιανουαρίου 2012 - 18:38

E.ON AG's (EOAN.XE) restructuring program, which includes a massive reduction of its global workforce, could cost the German utility in excess of EUR1 billion, two people familiar with the matter told Dow Jones Newswires Wednesday.