English Edition

Crucial Day for Decisions About Lignite Plant Sale

Πεμ, 8 Σεπτεμβρίου 2011 - 18:28

The process of selling Public Power Corporation lignite plants - which the government has agreed to as part of its deal for a bailout by its international creditors - could face serious challenges on Thursday, as the Spartakos regional union of Public Power Corporation workers is holding an event in the northern city of Kozani, to which Energy Minister Giorgos Papaconstantinou, also a local deputy, has been invited, and unionist reactions could determine the pace of the whole procedure.

Germany Needs 10GW of New Power Capacity – BNE

Πεμ, 8 Σεπτεμβρίου 2011 - 17:46

Germany needs to introduce a capacity market to create incentives for the construction of 10GW of new gas-fired power generation capacity by the time country shuts down its last nuclear reactors in 2022, German new entrants association BNE has said.

European Commission to Negotiate Deal for Trans-Caspian Gas Pipeline

Πεμ, 8 Σεπτεμβρίου 2011 - 15:13

European Commission will negotiate agreement for legal framework with Azerbaijan and Turkmenistan for Trans-Caspian gas pipeline system. EU Council adopted of a mandate to authorize the European Commission to negotiate an agreement for the legal framework with Azerbaijan and Turkmenistan for a Trans-Caspian gas pipeline system

Edison Chairman Says Talks On Company's Future Are Starting Now

Τετ, 7 Σεπτεμβρίου 2011 - 17:42

The chairman of Edison SpA (EDN.MI) said Wednesday that talks about the future of the Italian utility company are starting now, Italian wire MF-Dow Jones reported.

EU Proposes Rules To Boost Say On International Energy Deals

Τετ, 7 Σεπτεμβρίου 2011 - 17:42

The European Commission Wednesday proposed new rules that would dramatically increase its oversight of energy agreements between European Union members and Russia and other non-EU governments.

Trina Solar Announces World Record Based on Honey Technology

Τετ, 7 Σεπτεμβρίου 2011 - 17:41

Trina Solar Limited (NYSE: TSL) ("Trina Solar" or the "Company"), a leading integrated manufacturer of solar photovoltaic (PV) products from the production of ingots, wafers and cells to the assembly of PV modules, announced today that it has achieved what is believed to be a new world record for its laboratory-tested multicrystalline module power output.

BP: Significant Resource Extension Of Mad Dog Field In Gulf Of Mexico

Τετ, 7 Σεπτεμβρίου 2011 - 17:41

BP PLC (BP.LN), a producer of oil and gas, Wednesday announced the drilling of a successful appraisal well in a previously untested northern segment of the Mad Dog field in the U.S Gulf of Mexico, adding that pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the complex are now estimated to be up to four billion barrels of oil equivalent.

Gazprom Expands Energy Search In Kyrgyzstan With $100M Investment

Τετ, 7 Σεπτεμβρίου 2011 - 17:40

The world's largest gas producer OAO Gazprom (GAZP.RS) said Wednesday it will invest at least $100 million in newly-discovered gas and oil deposits in the mountainous Central Asian republic of Kyrgyzstan

Iraqi Prime Minister Calls For Quick Projects To Meet Power Needs

Τετ, 7 Σεπτεμβρίου 2011 - 17:40

Iraqi Prime Minister Nouri al-Maliki met with an executive from U.S. company Caterpillar Inc (CAT) on Wednesday, emphasizing that Iraq needs quick solutions to its power woes, a statement from the premier's office said.

Trans Adriatic Pipeline submits Third Party Access Exemptions in Albania, Greece & Italy

Τετ, 7 Σεπτεμβρίου 2011 - 17:08

The Trans Adriatic Pipeline (TAP) has submitted its Third Party Access Exemption (TPA) applications in all three host countries – Albania, Greece and Italy. Third Party Exemption will allow TAP AG to enter into long term ship-or-pay Gas Transportation Agreements (GTAs) with the shippers of Shah Deniz II gas.