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Shareholders of Burgas-Alexandropoulis Pipeline Project Company Discuss Financial, Eco Issues in Oct

Παρ, 10 Σεπτεμβρίου 2010 - 15:03

The shareholders of the Trans Balkan Pipeline (TBP) project company that will build the Burgas-Alexandroupolis oil pipeline will discuss in October the financial and environmental aspects of the project, Russia's oil pipeline monopoly Transneft said.

Greek Eurobank Invests In Green Technology, Food Export Firms

Πεμ, 9 Σεπτεμβρίου 2010 - 18:40

Greece's EFG Eurobank Ergasias SA (EUROB.AT), the country's No. 2 lender, said Thursday it has made two separate investments in companies in the food export and green technology sectors.

Chevron CEO: Gas Prices To Remain Depressed

Πεμ, 9 Σεπτεμβρίου 2010 - 18:39

Chevron Corp. (CVX) believes natural gas prices will remain depressed because of excess supply and weak industrial demand, but in the longer term, prices will improve because of increased demand, mainly from electricity generation at the expense of coal, due to environmental reasons, the company's Chief Executive John Watson told analysts from Oppenheimer & Co. in a meeting, according to a note from the bank.

EU To Approve Eni Pipeline Stake Sale By End Sept

Πεμ, 9 Σεπτεμβρίου 2010 - 18:39

The European Commission is expected to finally approve Italian energy giant Eni SpA's (E) sale of stakes in three natural gas pipelines by the end of September, a person familiar with the situation said Thursday.

China's Energy Goals Prompt Scramble

Πεμ, 9 Σεπτεμβρίου 2010 - 18:38

Some local governments in China are rationing power to factories, homes and hospitals--and even shutting down traffic lights--in a scramble to fall into line with Beijing's unyielding energy-efficiency targets that also underscores the challenges in finding apt and lasting measures.

Hyundai Unveils its First Electric Car

Πεμ, 9 Σεπτεμβρίου 2010 - 12:50

Hyundai Motor, South Korea's No.1 carmaker, unveiled its first pure electric car on Thursday, with a goal of commencing mass production of the vehicles in 2012.

EU Next Energy Savings Plan to Focus on Buildings

Πεμ, 9 Σεπτεμβρίου 2010 - 12:46

Buildings will be at the centre of the EU's new energy savings plan, which the European Commission plans to present by the end of the year, the EU energy commissioner has said.

EU to Define Vulnerable Energy Customers

Πεμ, 9 Σεπτεμβρίου 2010 - 12:44

The EU is set to draft a definition of energy poverty in a bid to put consumers on the bloc's energy policy agenda. During an informal meeting of EU energy ministers, the European Commission agreed to produce a report presenting adefinition of vulnerable energy customers.

Iberdrolas Windfall Profits Face Attack From Spanish Greens

Πεμ, 9 Σεπτεμβρίου 2010 - 12:44

Spanish environmentalists are starting to campaign for a levy on “windfall profits” earned by Iberdrola SA and Endesa SA, the country’s biggest utilities.

Chevron To Explore For Oil In Deep Waters Off Liberia's Shore >CVX

Τετ, 8 Σεπτεμβρίου 2010 - 18:52

Chevron Corp. (CVX) said Wednesday it will explore for oil off the shore of Liberia--a nation that doesn't yet produce crude, but holds promising acreage in a region that has yielded rich new oil deposits.

Renewable Energy Bill Likely To Disappoint -FBR

Τετ, 8 Σεπτεμβρίου 2010 - 18:52

Any US energy bill popular enough to pass is unlikely to have impact on demand for renewable generation, FBR Capital says.

Iraq's West Qurna-2 To Produce 92M Tons/Year In 2017

Τετ, 8 Σεπτεμβρίου 2010 - 18:51

The supergiant West Qurna phase 2 oil field in southern Iraq will reach peak production of 92 million metric tons a year in 2017, Leonid Fedun, deputy chief executive at Russian oil producer OAO Lukoil Holdings (LKOH.RS) said Wednesday.

Transocean: BP Report On Deepwater Horizon Oil Spill Self-Serving

Τετ, 8 Σεπτεμβρίου 2010 - 18:51

Transocean Ltd. (RIG) said Wednesday that BP PLC's (BP, BP.LN) internal investigation of the Deepwater Horizon incident is a "self-serving report" that attempts to conceal the role BP's decisions played in the event.

Rosneft Awards Urals Tenders To Shell, Gunvor, Statoil

Τετ, 8 Σεπτεμβρίου 2010 - 18:51

Russian oil company OAO Rosneft (ROSN.RS) has awarded the tender for 1.5 million to 3.5 million metric tons of Urals oil for the fourth quarter loading from the Baltic Sea port Primorsk to Royal Dutch Shell PLC (RDSA), traders said Wednesday.

Poland Wants Flexible Russian Gas Deal, Has Eyes On Shale Gas

Τετ, 8 Σεπτεμβρίου 2010 - 18:50

Poland wants a flexible long-term agreement for natural gas deliveries from Russia in order to be able to reduce its gas imports from the east should it identify shale gas deposits or gain access to natural gas from other suppliers, Polish Treasury Minister Aleksander Grad said Wednesday in an interview with TVN CNBC.

Smart Meters: Study Shows Initial Energy Savings Decrease Over Time

Τετ, 8 Σεπτεμβρίου 2010 - 18:39

Smart meters to boost energy efficiency in homes do not automatically achieve a significant reduction in energy demand, research showed on Wednesday.