English Edition

GDF-Suez CEO Confirms Full Year Outlook

Παρ, 19 Νοεμβρίου 2010 - 19:08

GDF Suez (GSZ.FR) Chief Executive Gerard Mestrallet Friday said the company confirms its outlook for this year and next year.

Yingli Green 3Q Profit Nearly Quadruples On Strong Demand

Παρ, 19 Νοεμβρίου 2010 - 19:07

Yingli Green Energy Holding Co.'s (YGE) third-quarter earnings soared as the Chinese solar-panel company's revenue and margins rose sharply amid an ongoing rebound in the sector.

Kazakhstan Suspects Agip Of $110 Mln Fraud At Kashagan -Report

Παρ, 19 Νοεμβρίου 2010 - 19:07

Agip KCO, an Eni SpA (E) subsidiary and operator of Phase I of the giant Kashagan offshore oil field development, is suspected of a $110 million fraud, Kazakh state news agency Kazinform reports Friday, citing a spokesman for financial police.

Azerbaijan Jan-Oct Oil Output Up 1.6% On Year At 42.9 Mln Tons

Παρ, 19 Νοεμβρίου 2010 - 19:07

Azerbaijan produced 42.925 million metric tons of crude oil from January to October, up 1.6% from the same period last year, Azerbaijan's state statistics agency said Friday.

TNK-BP To Double ESPO Shipments To Pacific Coast Next Year

Παρ, 19 Νοεμβρίου 2010 - 18:52

BP PLC's (BP) Russian joint venture TNK-BP Ltd. plans to double shipments of the new ESPO crude to the Asia-Pacific region next year and hopes to send more crude to U.S. refiners, company executives said in an interview.

Malaysia: Total Acquires Interest in a Deep Offshore Exploration Block

Παρ, 19 Νοεμβρίου 2010 - 18:52

Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. Under the terms of the agreement, Total will operate the Block alongside its partner Petronas Carigali holding the remaining 15% interest.

India Launches Renewable Energy-Based Market Instruments

Πεμ, 18 Νοεμβρίου 2010 - 19:10

India Thursday launched a scheme that allows power utilities to purchase renewable energy certificates to meet their obligations of buying part of their electricity requirement from green energy sources.

Iran Nuclear Drive Must Be Peaceful, Medvedev Tells Ahmadinejad

Πεμ, 18 Νοεμβρίου 2010 - 19:10

Russia President Dmitry Medvedev Thursday stressed the importance of Iran having a peaceful nuclear program, the Kremlin said, in his first meeting with President Mahmoud Ahmadinejad since a breakdown in ties.

Russia's Gazprom Sells $1 Bln 2015 Bond Offering

Πεμ, 18 Νοεμβρίου 2010 - 19:09

Russia's OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, said Thursday that it has sold a $1 billion bond maturing Nov. 29, 2015.

Sales Of German Oil Products Rise 7.9% On Year In Oct - MWV

Πεμ, 18 Νοεμβρίου 2010 - 19:09

Total sales of oil products in Germany rose 7.9% on year in October to 7.12 million metric tons, according to provisional data from industry group MWV Thursday.

Oil Prices To Trade At Around $80 A Barrel In 2011 -Deutsche

Πεμ, 18 Νοεμβρίου 2010 - 19:09

Oil prices are likely to trade at around $80 a barrel next year, helped by the weak dollar and the global financial recovery, Adam Sieminski, chief energy economist for Deutsche Bank, says in an energy conference in Houston. Oil prices will remain strong as long as the dollar is weak, but it's likely that the Federal Reserve will increase interest rates in a year or so, a move that could make oil prices go lower, he says.

NATO Has No Future, Poses No Threat to Iran - President Ahmadinejad

Πεμ, 18 Νοεμβρίου 2010 - 14:03

The possible deployment of elements of a NATO missile defense system in Turkey poses no threat to Iran, Iranian President Mahmoud Ahmadinejad said on Thursday at a press conference in Baku, Azerbaijan.

China to Use Own Uranium Resources to Meet Growing Nuclear Demand

Πεμ, 18 Νοεμβρίου 2010 - 14:03

China will rely on its own resources of uranium to meet a mounting demand for nuclear power, the Xinhua news agency quoted a senior official as saying on Thursday.