English Edition

Samsung C&T Considers Buying Apollo's Parallel Petroleum

Δευ, 22 Αυγούστου 2011 - 15:03

South Korean trading firm Samsung C&T said on Monday it was considering taking over independent U.S. oil firm Parallel Petroleum, which a media report said might be worth some $1 billion.

Gadhafi Planning To Leave Libya, For Tunisia - Report

Παρ, 19 Αυγούστου 2011 - 16:20

Libya's leader Moammar Gadhafi is planning to leave the country with his family for possible exile in Tunisia, NBC News reports on its website late Thursday, citing unnamed U.S. officials with knowledge of intelligence reports.

Yingli Green Earnings Surge 72% On Strong PV Sales

Παρ, 19 Αυγούστου 2011 - 16:19

Yingli Green Energy Holding Co.'s (YGE) fiscal second-quarter earnings soared 72% as the company benefited from better-than-expected revenue and strong sales of a key product.

Gadhafi Family Members To Be Evacuated From Tunisia By Venezuelan Plane -Xinhua

Παρ, 19 Αυγούστου 2011 - 16:19

A Venezuelan plane has landed on the island of Djerba to evacuate members of Libyan leader Moammar Gadhafi's family, China's state Xinhua news agency reported Friday, citing Tunisian radio, Mosaique FM. The news was announced by the radio's correspondent on the Tunisia- Libyan border.

Turkey Bombs Northern Iraq For Third Day, Rebel Spokesman Says

Παρ, 19 Αυγούστου 2011 - 16:19

Turkish jets bombed bases in northern Iraq used by the separatist Kurdistan Workers' Party for a third straight day on Friday, a rebel spokesman told AFP.

China's Sinopec Starts Up Iranian Refining Unit In Rare Success

Παρ, 19 Αυγούστου 2011 - 16:18

Sinopec Engineering Inc., a unit of refining giant China Petrochemical Corp., started up a refining unit this week at Iran's Arak refinery, a rare example of completion for a recent project involving a foreign company in the sanctions-hit nation.

Tepco Says Power Demand To Hit 75% Of Capacity Aug 20-26

Παρ, 19 Αυγούστου 2011 - 16:18

Tokyo Electric Power Co. (9501.TO) said Friday that it is forecasting electricity demand in its service area will hit 74.68% of available capacity between Aug. 20 and Aug. 26, well below peak usage levels recorded earlier this week.

Consumption of Russian Gas in Europe in Jan-June Grows 20%

Παρ, 19 Αυγούστου 2011 - 13:55

The volume of consumption of Russian gas in Europe in the fist half of 2011 increased by 20 percent, Russian Minister of Energy Sergei Shmatko said in an interview with the TV channel Russia Today (RT).

Efficient Energy: Making Savings at Source

Παρ, 19 Αυγούστου 2011 - 13:55

European efforts to increase energy efficiency have so far primarily focused on measures to improve end-use efficiency, and the potential to reduce huge losses that occur in the production and delivery of power have largely been ignored.

Iran Re-starts Turkey Flows

Παρ, 19 Αυγούστου 2011 - 13:53

Iran resumed natural gas exports to Turkey on Thursday after a week-long halt following an explosion on the pipeline, the Iranian Oil Ministry's website, SHANA, reported on Friday.

Bulgaria Will Draft CCS Law

Παρ, 19 Αυγούστου 2011 - 11:18

Bulgaria will draft a law on capturing and storing carbon dioxide emissions from power plants and other facilities in order to fulfill the requirements laid out in several EU directives, otherwise it may face a 777 000 euro fine from Brussels, according to a bill published on the Economy Ministry's website.

Cyprus Hydrocarbon Exploration to Go Ahead, says Minister

Παρ, 19 Αυγούστου 2011 - 11:17

Plans by the Ministry of Commerce to start the exploration and extraction of possible hydrocarbon reserves in Block 12 “Aphrodite” in Cyprus’ Exclusive Economic Zone are going ahead, according to Minister of Commerce, Industry and Tourism, Praxoula Antoniadou.

China Hopes To Boost Gas-Fired Power Tenfold By 2020

Πεμ, 18 Αυγούστου 2011 - 17:37

China's National Energy Administration will push for a policy to increase gas-fired power capacity to 50 gigawatts by 2020, up from its present 5 gigawatts, the China Securities Journal reported Thursday, citing an unnamed person familiar with the matter.