English Edition

China Uranium Imports Down In 1st Half; Industry Awaits Nuclear Plan

Τετ, 3 Αυγούστου 2011 - 14:44

China's uranium imports fell 13% from a year earlier in the first half of the year after Beijing halted approvals of new nuclear-power plants in March following Japan's Fukushima nuclear crisis, the state-run China Daily reported Wednesday.

Tepco Compensation Support Plan Passes Japan Parliament

Τετ, 3 Αυγούστου 2011 - 14:43

A bill to help utility Tokyo Electric Power Co. (9501.TO) meet expected massive claims over the Fukushima Daiichi nuclear accident became law Wednesday, with both ruling and opposition party support.

Gazprom Neft Posts Surge In Net Profit

Τετ, 3 Αυγούστου 2011 - 14:43

OAO Gazprom Neft (SIBN.RS), Russia's No. 5 oil producer, Wednesday said net profit for the second quarter totaled $1.17 billion, a 56% increase from a year earlier, driven by increased sales volumes and higher crude and petroleum prices.

China Set To Explore Indian Ocean Seabed

Τετ, 3 Αυγούστου 2011 - 14:43

China has won the right to explore for minerals in part of the Indian Ocean as the energy-hungry country scours the world for resources to fuel its fast-growing economy, state media said Wednesday.

Suzlon Energy Expects Robust Demand For Wind Projects In India

Τετ, 3 Αυγούστου 2011 - 14:42

Suzlon Energy Ltd. (532667.BY) expects robust demand for wind power projects in India for the next few years and is ramping up its project execution capabilities to meet the demand, its chairman said Wednesday.

DEPA Pretax Profits Soar 87 Percent

Τετ, 3 Αυγούστου 2011 - 13:51

DEPA, Greece’s natural gas supplier, said Monday first half pretax profit jumped 87% as sales increased amid higher demand. Pretax profit reached 129.3 million euros, from 69,2 million in the first six months of 2010, the Athens-based company reported.

French Regulator OKs EDF Energies Nouvelles Delisting On Aug 16

Τρι, 2 Αυγούστου 2011 - 16:57

The French market regulator Tuesday said it has authorized French state-controlled power company Electricite de France SA (EDF.FR) to delist the shares of renewable energy company EDF Energies Nouvelles (EEN.FR) on Aug. 16.

Tokyo Gas: To Sell Up To 400,000 Tons/Year LNG To Hokkaido Gas

Τρι, 2 Αυγούστου 2011 - 16:56

Tokyo Gas Co. (9531.TO) said Tuesday it will supply up to 400,000 metric tons a year of liquefied natural gas to Hokkaido Gas Co. (9534.TO) for 11 years starting in 2012.

Siemens, Prysmian Erect Windfarm Cable Link For Over EUR500M

Τρι, 2 Αυγούστου 2011 - 16:56

German industrial conglomerate Siemens AG (SI) and Italian cable manufacturer Prysmian S.p.A. (PRY.MI) are erecting a power cable link for a North Sea offshore windfarm, worth more than EUR500 million, Siemens said Tuesday.

Operations At EDF's Nuclear Reactor Saint-Laurent Plant Resume

Τρι, 2 Αυγούστου 2011 - 16:56

French state-controlled power group Electricite de France SA (EDF.FR), or EDF, Tuesday said a nuclear reactor at its Saint-Laurent plant resumed operations.

Russia Still Top Oil Producer As Saudis Narrow Gap

Τρι, 2 Αυγούστου 2011 - 16:55

Russia remained ahead of Saudi Arabia as the world's top oil producer in July, producing 10.26 million barrels a day to match a post-Soviet oil output record reached in May, according to new government data published Tuesday by the Prime news agency.

Research on Chevron Corp. and BP plc - High Oil Prices Fueling Gains for Oil Majors

Τρι, 2 Αυγούστου 2011 - 16:55

Many large companies in the Integrated Oil and Gas sector have seen profits take off in the second quarter as several different factors have caused oil prices to continue rising. Companies in the sector such as Chevron Corp. and BP plc have both made significant gains in their stock prices this year.