English Edition

Will Russia Benefit from Arctic Exploration?

Παρ, 24 Σεπτεμβρίου 2010 - 13:44

Samir Shakhbaz interviews Anatoly Dmitriyevsky, Member of the Russian Academy of Sciences and Director of the Academy’s Institute of Oil and Gas Problems.

Ukraine, Russia Resume Work of Gas Consortium

Παρ, 24 Σεπτεμβρίου 2010 - 13:43

Shareholders of the Ukrainian-Russian company “International Consortium for the Management and Development of the Ukrainian Gas Transportation System” are initiating the lifting of the ban on the participation of foreign companies in the management of the Ukrainian gas pipelines, Anatoly Podmyshalsky, head of the Gazprom department for work with former USSR republics, president of Gazprom Sbyt Ukraine Company, said in his report at the forum entitled “Ukrainian fuel and energy complex: today and tomorrow.”

Central Europe the key factor in EU Energy future?

Παρ, 24 Σεπτεμβρίου 2010 - 13:32

Shale gas deposits exist throughout Central Europe. Initial exploration is already under way in Poland, Sweden and Germany, but additional exploration is needed to determine the extent of the reserves. Conservative estimates place the potential at roughly 5% of existing global supply.

Bulgaria, Greece Move Ahead with 130 Mln Euro Gas Link Project

Παρ, 24 Σεπτεμβρίου 2010 - 13:30

Bulgaria, Greece Move Ahead with 130 Mln Euro Gas Link Project Bulgaria and Greece reached an agreement on all unresolved issues regarding the construction of a 130 million euro ($174 million) gas link between the two countries, the Bulgarian energy ministry said.

Total: No Significant Strike Impact On French Refineries Output

Πεμ, 23 Σεπτεμβρίου 2010 - 18:48

French oil major Total SA (TOT) Thursday said that 50% to 80% of its French refineries' employees had joined a nation-wide strike against the government's pension reform but that there was "no significant impact" on the refineries' output.

UK Wind Power Capacity Exceeds 5GW, 4% Of Total Demand

Πεμ, 23 Σεπτεμβρίου 2010 - 18:48

Total U.K. wind power capacity has risen to 5.1 gigawatts, or 4% of total electricity consumption, following the start up of the world's largest offshore wind farm, said industry association RenewableUK Thursday.

China Denies Limiting Export Of Rare Earth Elements To Japan

Πεμ, 23 Σεπτεμβρίου 2010 - 18:47

China said it hasn't limited export of rare earth elements to Japan, denying a report that it had halted exports of the materials to its neighbor as retaliation in a territorial dispute.

Statoil Confirms Planned Oslo Listing Of Statoil Fuel & Retail

Πεμ, 23 Σεπτεμβρίου 2010 - 18:47

Norwegian oil company Statoil ASA (STL.OS) Thursday confirmed its plans for an initial public offering of its retail unit Statoil Fuel & Retail ASA on the Oslo Stock Exchange.

Brazil Petrobras Shares Jump Ahead Of Share Offer Pricing

Πεμ, 23 Σεπτεμβρίου 2010 - 18:46

Shares of Brazilian state-run energy company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, jumped in early trade Thursday ahead of the pricing of the company's massive share offer.

Cyprus in Talks with Neighbours Over Hydrocarbons - Govt to Launch Licensing Round After Talks end-Minister

Πεμ, 23 Σεπτεμβρίου 2010 - 16:49

Cyprus will open new offshore blocks for hydrocarbon exploration once it has concluded consultations with its neighbours, its trade minister said on Wednesday.

PPC Bids for Hydroelectric Plants in Bosnia

Πεμ, 23 Σεπτεμβρίου 2010 - 16:36

Public Power Corporation (PPC), Greece’s largest power utility, has submitted a formal bid to build four hydropower plants in Bosnia’s Serb Republic, an Energy Ministry official said yesterday.

Putin Identifies Russian Priorities in Arctic

Πεμ, 23 Σεπτεμβρίου 2010 - 15:47

In the Arctic comfortable conditions for life must be created, investment attracted for economic growth and research and environmental infrastructures developed, Russian Prime Minister Vladimir Putin told the International Arctic Forum on Thursday.

Heat is on in Spain's Coal State Aid Case

Πεμ, 23 Σεπτεμβρίου 2010 - 15:46

The European Commission will decide next week whether to authorise Spain's subsidies for its coal sector, amid warnings that giving the green light would scupper the EU's plans to phase out subsidies to unprofitable coal mines.

World's Largest Offshore Wind Farm Opens Off Kent

Πεμ, 23 Σεπτεμβρίου 2010 - 15:45

Chris Huhne, the Energy Secretary, will open Thanet wind farm in the English Channel off Foreness Point. The 100 turbines, each measuring more than 300ft, will power more than 200,000 homes. It will increase the amount of energy generated from offshore wind in the UK by a third to 1,314MW, compared to 1,100MW in the whole of the rest of the world.

Bulgarian, Greek Energy Heads Talk Gas Pipeline Link

Πεμ, 23 Σεπτεμβρίου 2010 - 15:40

The Bulgarian and Greek ministers in charge of energymet in Thessaloniki Wednesday in order to coordinate the project for connecting the natural gas pipeline networks of the two countries.

Strategic View: President Medvedev, and Rosneft, go to China

Πεμ, 23 Σεπτεμβρίου 2010 - 15:40

President Medvedev will visit China for two days from Sunday. Deputy Prime Minister Igor Sechin is already in China and has been holding talks on energy cooperation. It has already been announced that Rosneft and CNPC will jointly build a $5 bln oil refinery in the country. What else is on the agenda and how may this positively affect the strategic view of Rosneft?