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OPEC Sees Demand For Its Oil Stronger Than Expected In 2011

Δευ, 17 Ιανουαρίου 2011 - 19:09

The Organization of Petroleum Exporting Countries Monday said demand for its oil in 2011 will be stronger than it had expected, a reassessment that may fuel further pressure on the producers' group to formally increase its production ceiling.

Morocco May Export Energy To Europe From 500MW Solar Power Plant

Δευ, 17 Ιανουαρίου 2011 - 19:09

Morocco will start building by the end of the year a 500 megawatt solar power plant which it may use to export energy to Europe, the North African country's minister of energy said in Abu Dhabi Monday.

Rosneft, BP To Drill First Arctic Well In 2015

Δευ, 17 Ιανουαρίου 2011 - 19:09

U.K. oil major BP PLC (BP) will solely finance the around $2 billion for the first development stages of its joint Arctic project with Russia's OAO Rosneft (ROSN.RS), which will begin drilling in 2015, Rosneft Vice President Peter O'Brien said Monday.

IEA Warns $100 Crude To Return EU, US Oil Bill To 2008 Level

Δευ, 17 Ιανουαρίου 2011 - 19:08

A crude price at about $100 a barrel will bring the oil burden on developed economies to around levels last seen in the crisis of 2008, the chief economist of the International Energy Agency said Monday.

BP Regaining Credibility, But Still Faces Near-term Problems

Δευ, 17 Ιανουαρίου 2011 - 19:07

Two significant deals signed over the weekend for BP PLC (BP) to explore for oil and gas offshore Russia and Australia show that the company's recovery from the Gulf of Mexico oil spill is strengthening, said analysts and investors Monday.

Kozloduy N-Plant: China Said to Eye New Unit

Δευ, 17 Ιανουαρίου 2011 - 15:18

China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.

Turkey Becoming More Aware of its Wind Power Potential Says Report

Δευ, 17 Ιανουαρίου 2011 - 15:17

Wind power in Turkey should benefit from a 72-point plan announced by the government that is designed to increase the nation’s competitiveness in global markets.

Theoretical Biomass Potential from EU Forests Amounted to Almost 1.3 billion c.b. for 2010

Δευ, 17 Ιανουαρίου 2011 - 15:16

Doubling the share of renewable energy in Europe by 2020 is high on the EU agenda, when green power should account for 20% of the region's total energy consumption. Under this plan, the demand for wood will increase.

Alstom Signs EUR950M Contract To Build Power Plant In Estonia

Παρ, 14 Ιανουαρίου 2011 - 17:29

French engineering firm Alstom SA (ALO.FR) Friday said it has signed a contract worth up to EUR950 million to build a power plant for a unit of Estonia's state-owned utility Eesti Energia.

Barroso: Turkmenistan May Open Large Gas Reserves To Europe

Παρ, 14 Ιανουαρίου 2011 - 17:29

Turkmenistan may open up "very large" natural gas reserves to Europe, as the continent seeks new supply routes from the Caspian region, the president of the European Commission, Jose Manuel Barroso, said Friday.

EU Invites Comments On Greece's Offer To Open Electricity Market

Παρ, 14 Ιανουαρίου 2011 - 17:29

The European Commission said Friday it wants interested parties to share their opinions on Greece's offer to grant access to 40% of lignite-fired electricity generation to competitors of state-owned electricity incumbent Public Power Corp. SA (PPC.AT).

Enel Green Power To Build 90mw Wind Farm; Its Biggest In Italy

Παρ, 14 Ιανουαρίου 2011 - 17:28

Enel Green Power SpA (EGPW.MI) said Friday it received authorization to build a wind farm in Sardinia, which will be the company's biggest in Italy.

Iran Says Ready To Build Trust On Nuclear Issue

Παρ, 14 Ιανουαρίου 2011 - 17:28

Iran's atomic chief Ali Akbar Salehi said Friday that Tehran was ready to adopt "any confidence-building measure" on its atomic programme as it opens two nuclear facilities to foreign dignitaries.

German Govt, Solar Industry In Talks On Extra Subsidy Cut

Παρ, 14 Ιανουαρίου 2011 - 17:27

Germany's government is in "very constructive" talks with the solar industry and government parties about additional cuts in solar energy subsidizes this year, environment ministry spokeswoman Christiane Schwarte said Friday.

China To Approve 10 New Nuclear Projects 2011-2015 -State Radio

Πεμ, 13 Ιανουαρίου 2011 - 16:53

China will approve 10 additional nuclear power projects as part of its 12th five-year plan--from 2011-2015, state radio reported Thursday, citing outgoing national energy administrator Zhang Guobao.

Turkey Wants To Privatize Botas Contracts on Blue Stream - IHA

Πεμ, 13 Ιανουαρίου 2011 - 16:53

Turkey wants to privatize the state-owned pipeline and gas company Botas's 6 billion cubic meters natural gas contracts with Russia on the Blue Stream pipeline, Turkish Energy Minister Taner Yildiz said Thursday, the Ihlas News Agency, or IHA, reports.