English Edition

GDF Suez 1H Ebitda Seen +7.3%

Παρ, 5 Αυγούστου 2011 - 14:53

GDF Suez's first-half earnings should be boosted by the consolidations of Agbar and International Power as well as higher oil and gas prices, in spite of adverse weather conditions over the period.

E.ON: To Hike UK Gas, Power Tariffs As Wholesale Energy Costs Rise

Παρ, 5 Αυγούστου 2011 - 14:53

E.ON said Friday it is raising its domestic gas and electricity tariffs for U.K. consumers by 18.1% and 11.4% respectively from Sept. 13, citing higher wholesale energy costs and becoming the fourth big U.K. supplier to hike prices.

Ernst & Young: Crude Oil Prices To Rise in Q3

Παρ, 5 Αυγούστου 2011 - 11:13

Crude Oil demand is set to rise in the third quarter of 2011 but there is uncertainty with regards to supplies. Therefore prices should continue to rise in the third quarter of 2011 according to indicators, even with ongoing uncertainty with respect to the economic recovery, deficit reduction initiatives in the US and the debt crisis in Europe, Ernst & Young said.

International energy price Reporting Service Argus Extends Coverage of Electricity Markets to Include Turkey

Παρ, 5 Αυγούστου 2011 - 11:12

International energy price reporting service Argus is extending its coverage of electricity markets to includeTurkeyfrom today. The expansion comes in response to growing demand for unbiased and independent information on wholesale prices, regulation and market developments inTurkeyas investment in power generation and involvement in spot trading gather pace in the country's liberalising energy sector.

Gadhafi's Son Claims Pact With Rebel Libya Islamists

Πεμ, 4 Αυγούστου 2011 - 15:21

A high-profile son of Libyan leader Moammar Gadhafi said Wednesday his family had forged an alliance with Islamist rebels to drive out the secular opposition to his father's 40-year rule.

Iran Claims Progress Speeding Nuclear Program

Πεμ, 4 Αυγούστου 2011 - 15:21

Moves by Iran to deploy more-advanced centrifuge machines for the production of nuclear fuel are raising new concerns that Tehran could significantly shorten the time it would need to produce nuclear bombs.

Iberdrola, EDF, EON Interested In Portugal's EDP

Πεμ, 4 Αυγούστου 2011 - 15:20

Spain's Iberdrola SA (IBE.MC), Electricite de France SA (EDF.FR) and Germany's E.ON AG (EONGY) have expressed their interest in purchasing a 25.8% stake in Energias de Portugal SA (EDPFY) from the Portuguese government, reports Cinco Dias in its Thursday Internet edition, citing sector sources.

Vietnam Needs $48.8 Bln For Power Projects In 2011-2020

Πεμ, 4 Αυγούστου 2011 - 15:20

Vietnam will need to invest $48.8 billion in its power industry between this year and 2020, the Ministry of Industry and Trade said Thursday.

US Oil Giant Says China Spill Worse Than First Thought

Πεμ, 4 Αυγούστου 2011 - 15:13

A massive oil spill off northeast China may be worse than first thought, the U.S. energy giant behind the leak said, after authorities ordered it to clean up the sea bed by Sunday.

Indian Oil Chairman: Expect To Make Payments To Iran This Month

Πεμ, 4 Αυγούστου 2011 - 15:13

Indian Oil Corp. (530965.BY) expects to make payments to Iran for crude oil purchases later this month, the chairman of the state-run refiner said Thursday.

Pendeli Monastery Investing in RES

Πεμ, 4 Αυγούστου 2011 - 13:40

With the support of the Church of Greece, Pendeli Monastery is planning an investment that is seen reaching as much as 1 billion euros in energy production through a photovoltaic park.

Croatian-Hungarian Interconnection Gas Pipeline Put Into Operation

Πεμ, 4 Αυγούστου 2011 - 11:11

Croatia's gas transportation system operator Plinacro and the Hungarian gas transportation operator on Wednesday transported the first quantities of natural gas via a newly-built interconnection gas pipeline.

Bulgaria Selects 5 Companies for N-Plant Stress Tests

Πεμ, 4 Αυγούστου 2011 - 11:10

Bulgaria has picked five companies to prepare the stress tests at the country's sole nuclear power plant in Kozloduy, a public procurement notice shows.