English Edition

Transneft: China Owes Russian Cos $180 Mln For 1Q Oil Supply

Πεμ, 21 Απριλίου 2011 - 16:59

China National Petroleum Corp., or CNPC, owes Russian companies $180 million for unpaid oil bills in the first three months of the year, Russia's oil pipeline operator OAO Transneft (TRNFP.RS) said Thursday.

Putin to Save Russian Oil Cash

Τετ, 20 Απριλίου 2011 - 16:31

Russia is to use it position as the world’s largest oil producer to double its Reserve Fund this year, Prime Minister Vladimir Putin has vowed.

Shenhua Energy: Beijing Seeks 5 Mln Tons For National Coal Reserve Phase 1

Τετ, 20 Απριλίου 2011 - 16:24

China aims to stock up 5 million metric tons of coal in the first phase of a proposed national coal reserve, China Shenhua Energy Co. (1088.HK) said Wednesday.

BP Sees $82B Of Value Destruction -Citigroup

Τετ, 20 Απριλίου 2011 - 16:23

One year since the Macondo accident, BP's equity has fallen about 23% in US dollar terms, implying value destruction of $82B, says Citigroup. It thinks $22B is directly attributed to tangible accident costs, so "the debate for investors is whether the other $60B of value loss is an intangible cost of the spill or an investment opportunity."

India Federal Solar Mission To Have Hybrid Projects - Former Suzlon Executive

Τετ, 20 Απριλίου 2011 - 16:23

India's solar program will soon likely include hybrid projects that combine the two systems of solar photovoltaic and solar thermal, said the former chief operating officer of Indian wind turbine maker Suzlon Energy Ltd. (532667.BY).

France, Italy Join UK In Sending Officers To Advise Libya Rebels

Τετ, 20 Απριλίου 2011 - 16:22

France and Italy Wednesday joined the U.K. in sending military advisers to assist Libya's rebel shadow government in its Benghazi stronghold.

Putin Calls US Monetary Policy Hooliganism

Τετ, 20 Απριλίου 2011 - 16:22

Russian Prime Minister Vladimir Putin Wednesday criticized U.S. monetary policy, calling it "hooliganism."

Brussels Warns Italy Against Slashing Solar Energy Incentives

Τρι, 19 Απριλίου 2011 - 17:36

The European Union's energy chief urged Italy to set up a clear and predictable support scheme for the solar energy sector and ensure stability for investors to avoid possible penalties.

Sinopec: Halts Oil Product Exports To Ensure Local Supplies

Τρι, 19 Απριλίου 2011 - 17:35

China Petrochemical Corp., Asia's top refiner by capacity, said Tuesday that it has halted oil product exports to ensure domestic supplies at a time of robust local fuel demand.

Donors Pledge EUR550M For New Shelter Over Chernobyl

Τρι, 19 Απριλίου 2011 - 17:35

International donors have pledged EUR550 million to fund the construction of a new shelter over the stricken reactor at Chernobyl nuclear power plant, Ukrainian President Viktor Yanukovych said Tuesday at a conference marking the 25th anniversary of the world's worst nuclear accident.

EnBW: 3-Month Outage Of Nuclear Plants Hits Adjusted EBIT By EUR150M In 2011

Τρι, 19 Απριλίου 2011 - 17:34

Utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) said Tuesday the temporary closure of two of its nuclear reactors slashes around EUR150 million off adjusted earnings before interest and taxes in 2011.

Kepco Exec: S Korea Nuclear Policy Unchanged After Japan Disaster

Τρι, 19 Απριλίου 2011 - 17:34

South Korea's nuclear policy remains unchanged despite Japan's recent nuclear disaster, an executive at Korea Electric Power Corp. (KEP.N) said Tuesday.

Italy Scraps Further Elements Of Nuclear Power Revival Plan

Τρι, 19 Απριλίου 2011 - 17:33

The Italian government Tuesday scrapped further elements of the country's planned revival of nuclear power, making it increasingly likely that the two-year moratorium on development in the wake of Japan's nuclear crisis will extend further into the future.