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400 U.S. Marines In Greece For Libya Deployment

Πεμ, 3 Μαρτίου 2011 - 17:09

About 400 Marines have been dispatched to a U.S. base in Greece ahead of deployment on warships off Libya, an American military spokesman said Thursday.

GDF Suez Ups 2011 Forecast After International Power Deal

Πεμ, 3 Μαρτίου 2011 - 17:08

French power operator GDF Suez SA (GSZ.FR) Thursday raised its earnings forecast for 2011 following the merger of most of its international operations with U.K.-based International Power PLC (IPR.LN) and a 3.1% jump in 2010 net profits.

Saudi Charters Ships To Bring Crude To Med Amid Unrest-Shipbrokers

Πεμ, 3 Μαρτίου 2011 - 17:08

Saudi Arabian Oil Co., also known as Aramco, is directing its shipping arm to send crude from the Persian Gulf to the Mediterranean, indicating that the world's largest crude exporter is poised to plug the gap in European supplies left by the disruption to Libyan oil production, shipbrokers based in Europe said Thursday.

IEA Chief Says Libya Oil Outages Starting To Impact Europe

Πεμ, 3 Μαρτίου 2011 - 17:07

Unrest in Libya is starting to affect Europe's oil supplies, although no member country of the International Energy Agency has requested the authorization to release strategic oil stocks, International Energy Agency Executive Director Nobuo Tanaka said Thursday.

Total To Buy $4 Billion Novatek Stake, Join Arctic Project

Πεμ, 3 Μαρτίου 2011 - 17:07

French energy giant Total SA (TOT) secured a $4 billion deal to buy a stake in Russian gas producer OAO Novatek (NVTK.RS) and to join a massive Arctic gas project, in another sign that Russia is opening up foreign investments to its vast energy resources.

Iran's Ahmadinejad Warns West Against Military Action In Libya

Τετ, 2 Μαρτίου 2011 - 16:59

Hardline Iranian President Mahmoud Ahmadinejad Wednesday warned the U.S. against military intervention in Libya, saying such action would create a graveyard for its soldiers.

UAE Oil Pipeline Skipping Hormuz To Start Mid Year - Source

Τετ, 2 Μαρτίου 2011 - 16:59

Abu Dhabi will start pumping first crude oil by mid-year through a new giant pipeline that will enable it to bypass the strategic Strait of Hormuz waterway by exporting as much as 1.8 million barrels a day of crude via the neighboring emirate of Fujairah, where plans for a grassroots refinery are also regaining momentum, a person close to the situation said.

EU Barroso: Must Reshape Relationship With North Africa

Τετ, 2 Μαρτίου 2011 - 16:58

The European Union must reshape its relationship with North Africa, targeting help toward countries that improve the rule of law and making more resources available to the region, European Commission President Jose Manuel Barroso said Wednesday.

China To Connect 20GW Wind Energy To Grid In 2011

Τετ, 2 Μαρτίου 2011 - 16:58

China will connect 20 gigawatts of wind energy capacity to its power grid this year, Xinhua News Agency reports Wednesday citing Chinese power distributor State Grid Corp.

EU Will Propose Binding Measures To Boost Energy Saving

Τετ, 2 Μαρτίου 2011 - 16:58

The European Commission will propose in a few weeks binding measures to boost energy saving in the European Union and set the bloc on track to meet a goal of being 20% more efficient in 2020, the commission's Energy Chief said Wednesday.

Two US Warships Enter Mediterranean En Route To Libya - Suez Canal

Τετ, 2 Μαρτίου 2011 - 16:57

Two U.S. warships carrying marines and equipment Wednesday entered the Mediterranean Sea en route to Libya, the Suez Canal Authority said, as the West weighed up military action.

EDF Can Boost French Nuclear Exports, But Needs To Invest

Τρι, 1 Μαρτίου 2011 - 16:53

French state-controlled power group Electricite de France SA's (EDF.FR) tariffs must enable it to invest in France's 58 reactors, and France can benefit from the company's experience to boost the whole French nuclear industry's export capacity, Chairman and Chief Executive Henri Proglio said Monday.

China: Signed Loan Agreement With Turkmenistan Gas Giant

Τρι, 1 Μαρτίου 2011 - 16:53

Chinese Vice Premier Wang Qishan and his Turkmenistan counterpart, Baymyrat Hojamuhammedov, signed an initial agreement Tuesday for China to provide loans to Turkmenistan gas producer Turkmengaz State Concern.