English Edition

BP Investors Spooked by Oil Spill Lawsuit

Πεμ, 16 Δεκεμβρίου 2010 - 13:46

Oil giant BP was the biggest faller on Britain's blue-chip board on Thursday, as investors fretted that a U.S. government lawsuit may mean the cost of its oil spill will be far higher than earlier expected.

Gazprom Gets 50% of Bulgarian South Stream Gas Pipeline JV

Πεμ, 16 Δεκεμβρίου 2010 - 13:45

Russian gas giant Gazprom has received a 50% stake in South Stream Bulgaria AD, the joint venture operating the Bulgarian sector of the South Stream pipeline project, which will pump gas to Southern and Central Europe, the company said in a statement on Thursday.

EU Gets Draft to Improve the Fuel Efficiency of Vans

Πεμ, 16 Δεκεμβρίου 2010 - 13:44

The European Union struck a provisional deal on Wednesday to improve the fuel efficiency of vans and curb emissions blamed for climate change.

E.ON, Vattenfall Look To Improve Nuclear Plants' Performances

Τετ, 15 Δεκεμβρίου 2010 - 17:45

German utilities E.ON AG (EOAN.XE) and Vattenfall Europe said Wednesday they have agreed on talks to improve the operational performances and safety record of two nuclear power plants that have been offline since 2007.

Acting Iran Foreign Minister's 1st Foreign Visit To Be To Turkey

Τετ, 15 Δεκεμβρίου 2010 - 17:44

Iran's new acting foreign minister Ali Akbar Salehi is to accompany President Mahmoud Ahmadinejad to a regional summit in Turkey next week, his first foray abroad since taking up the job, the Mehr news agency reported Wednesday.

Jordan To Tender In Jan For 1-2 Nuclear Power Plants

Τετ, 15 Δεκεμβρίου 2010 - 17:44

Jordan is expected to issue a final tender in January to build one or two nuclear power plants in the kingdom to reduce its high oil imports bill, a senior Jordanian energy official said Wednesday.

Alstom To Sign EUR340M Of Contracts For EDF Nuclear Maintenance

Τετ, 15 Δεκεμβρίου 2010 - 17:44

French power and transport engineering company Alstom SA (ALO.FR) Wednesday said it has secured EUR340 million of contracts to rehabilitate and maintain part of the nuclear fleet of French state-controlled power group Electricite de France SA (EDF.FR).

Eskom Says High Radioactivity Level Prompts Shutdown Of Nuclear Unit

Τετ, 15 Δεκεμβρίου 2010 - 17:43

South Africa's state-owned power company said Tuesday it will suspend a unit at its nuclear power station near Cape Town because of higher-than-normal levels of radioactivity.

Russian Deputy PM: Russian Cos May Take 25% Of Samsun-Ceyhan Pipe

Τετ, 15 Δεκεμβρίου 2010 - 17:43

Russia's Deputy Prime Minister Igor Sechin and Turkey's Energy Minister Taner Yildiz announced a deepening of energy sector collaboration Wednesday, underlining the rapidly expanding economic and political ties between Ankara and Moscow.

Unpaid Power Bills a Growing Problem

Τετ, 15 Δεκεμβρίου 2010 - 16:52

Money owed to Greece’s Public Power Corporation (PPC) in the form of unpaid electricity bills stands at an estimated 700 million euros. This amount represents more than 10 percent of the company’s total turnover and is mainly the result of the economic crisis which is hitting small and medium-sized businesses hard.

Alstom Paying for Lost Years of Focus on Coal Rather Than Wind

Τετ, 15 Δεκεμβρίου 2010 - 16:48

Alstom SA is seeking to reverse the worst stock return of any major French company this year with a push into renewable energy as the maker of trains and turbines seeks to narrow the gap with German rival Siemens AG.

U.S. Wants U.N. to Lift Ban on Iraq Nuclear Imports

Τετ, 15 Δεκεμβρίου 2010 - 16:46

The United States hopes the U.N. Security Council will lift restrictions on the import of nuclear technology to Iraq, even though Baghdad has not ratified a U.N. agreement on tough atomic inspections.

French Energy Min: De Juniac's Move On Areva Not Official

Τρι, 14 Δεκεμβρίου 2010 - 18:15

French industry and energy minister Eric Besson Tuesday said that Alexandre de Juniac's application to take the helm of French state-controlled nuclear engineering firm Areva hadn't been "validated" by the government, in an interview with French radio Radio Classique