English Edition

Tokyo Radiation Level In Air Improves, Iodine Not Found In Water

Δευ, 28 Μαρτίου 2011 - 16:36

Radiation levels in the air in downtown Tokyo fell slightly Monday, while no radioactive iodine was detected in samples of the city's water.

Peak Oil Could Come By 2020 Amid Political Forces

Δευ, 28 Μαρτίου 2011 - 16:36

Peak oil may be coming as soon as 2020, but it won't be driven by a lack of oil in the ground, said Suncor (SU) CEO Rick George at a forum on the future of energy at the Inter-American Development Bank meeting in Calgary. "I always think of this peak oil theory as more politically driven than it is physically driven."

EU Energy Chief: Nabucco, South Stream Pipelines Don't Compete

Δευ, 28 Μαρτίου 2011 - 16:35

The European Union's energy commissioner Guenther Oettinger Monday reiterated that the Nabucco and South Stream natural gas pipelines are not competing with each other, adding that the EU could politically support the latter Russian-backed project.

Croatia, Slovenia's Nuclear Plant Safe - Croatian President

Δευ, 28 Μαρτίου 2011 - 16:35

A communist-era nuclear power plant that Croatia shares with Slovenia is safe, Croatia's President Ivo Josipovic insisted Monday during a visit to Lithuania.

Russia to Raise Oil Export Duty on April 1

Δευ, 28 Μαρτίου 2011 - 13:25

Russia will raise its oil export duty from 365 dollars to 423.7 dollars per tonne as of April 1, 2011.

Bulgaria, Russia Strike Moratorium Deal on on Belene Nuclear Project

Δευ, 28 Μαρτίου 2011 - 13:24

Bulgaria and Russia have reached an agreement to sign next week a 3-month moratorium on the project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene.

Russia's Transneft to Invest 161.59 bln rbls in New Facilities in '11

Δευ, 28 Μαρτίου 2011 - 13:24

Russia's state-controlled oil pipeline monopoly Transneft will invest 161.59 billion rubles ($5.69 billion) in the construction of new facilities in 2011, Transneft said on Monday.

Serbia's Participation in the South Stream Pipeline Will Generate $5.7bln in Transit Fees

Πεμ, 24 Μαρτίου 2011 - 18:28

Serbia's participation in the South Stream pipeline will generate billions of dollars in transit fees and turn it into a regional gas hub, Russian and Serbian officials said on Wednesday.

Arab Uprisings Positive In 'Long-run' -Israel Defense Minister

Πεμ, 24 Μαρτίου 2011 - 18:27

Arab uprisings will be positive in the "long-run", Israeli Defense Minister Ehud Barak said Thursday, referring to revolts shaking long-ruling regimes in the region.

EU Extends Asset Freeze On Libya Oil Firms

Πεμ, 24 Μαρτίου 2011 - 18:27

The European Union extended its asset freeze on some Libyan energy companies, aligning its sanctions to those agreed by the United Nations Security Council last week and clarifying doubts about the inclusion of certain firms, its Official Journal showed Thursday.

Gadhafi Aides Told US Firms To Pay Lockerbie Bill -NYT

Πεμ, 24 Μαρτίου 2011 - 18:27

Moammar Gadhafi's aides in 2009 demanded U.S. firms make huge payments to Tripoli to help foot its $1.5-billion settlement for Lockerbie bombing victims or risk losing lucrative contracts in Libya, The New York Times reported Thursday.

OMV: Refinery Operations Unaffected By EU Ban On Libyan Oil

Πεμ, 24 Μαρτίου 2011 - 18:26

Austrian oil and gas company OMV AG (OMV.VI) said Thursday it will adhere to European Union sanctions on business with Libyan state entities, and said its German and Austrian refinery operations will be unaffected as it is able to fully compensate through extra crude purchases from other countries.

Iraqi Kurdistan Building 11 Dams, 28 More Planned

Πεμ, 24 Μαρτίου 2011 - 18:26

Authorities in Iraq's autonomous Kurdistan area are building 11 dams and plan dozens more, the region's agriculture minister said Thursday, in a move that could raise tensions over water.

US: Chevron Gets First Post-Ban Permit To Explore New Field In Gulf

Πεμ, 24 Μαρτίου 2011 - 18:26

U.S. regulators said Thursday Chevron Corp. (CVX) has been approved to conduct new oil-and-gas exploratory drilling in the deepwater Gulf of Mexico, the first authorization since a drilling ban was lifted in the area.

Greece Names Advisers For Privatization Program

Τετ, 23 Μαρτίου 2011 - 17:36

Greece's government Wednesday named advisers for its ambitious EUR50 billion privatization program, which it hopes will help pay down the country's giant public debt and allow the it to return to the capital markets after being effectively frozen out for almost a year.

Conoco Plans To Sell Additional $5B To $10B Of Assets

Τετ, 23 Μαρτίου 2011 - 17:35

ConocoPhillips (COP) unveiled Wednesday plans to sell an additional $5 billion to $10 billion in non-core assets over the next two years as the oil producer and refiner continues efforts to improve its balance sheet.