Russia, Armenia Sign Deal On New Nuclear Reactor Παρ, 20 Αυγούστου 2010 - 18:24 Russia and Armenia signed an agreement Friday on the construction of a new reactor unit for the ex-Soviet republic's controversial Soviet-era Metzamor nuclear power station.
Gazprom, Naftogaz To Start New Round Of Talks On Joint Venture Παρ, 20 Αυγούστου 2010 - 18:24 Russia's OAO Gazprom (GAZP.RS) and Ukraine's Naftogaz will begin a new round of talks on creating a joint venture, the Russian gas firm said Friday.
GDF Suez, AXA Said Among Bidders for Exxon, Shell Gas Storage Παρ, 20 Αυγούστου 2010 - 16:24 GDF Suez SA and infrastructure investment units of Deutsche Bank AG, AXA SA and Prudential Plc made initial bids for Exxon Mobil Corp. and Royal Dutch Shell Plc natural-gas storage facilities in Germany, according to three people with knowledge of the matter.
KNOC Launches $2.9 billion Hostile Bid for Dana Petrlm Παρ, 20 Αυγούστου 2010 - 16:23 State-run Korea National Oil Corp (KNOC) made a hostile cash bid worth $2.9 billion for Britain's Dana Petroleum Plc on Friday, highlighting a strengthening in South Korea's resolve to secure energy assets overseas.
Cnooc 1st-Half Net Profit More Than Doubles To CNY25.99 Bln Πεμ, 19 Αυγούστου 2010 - 18:22 Cnooc Ltd. (CEO), China's largest listed offshore oil and gas producer by capacity, said Thursday its first-half net profit more than doubled from a year earlier because of rising oil prices and higher oil and gas output.
Yingli Green Posts 2Q Profit After 2009 Charges; Views Topped Πεμ, 19 Αυγούστου 2010 - 18:22 Yingli Green Energy Holding Co. (YGE) recovered from a prior-year loss in the second quarter caused by derivatives impacts and debt-extinguishment losses as the Chinese solar-products maker saw demand rebound sharply.
Greece's PPC Fined For Polluting Practises Πεμ, 19 Αυγούστου 2010 - 18:22 Greek electricity monopoly Public Power Corp. SA (PPC.AT) has been fined EUR449,100 for air pollution following an audit, the Ministry of Environment, Energy and Climate Change said Thursday.
Climate Meet In Switzerland To Discuss Long-term Finance Πεμ, 19 Αυγούστου 2010 - 18:21 Ministers will meet in Switzerland next month to discuss crucial financing to curb the impact of global warming, ahead of the United Nations climate conference in Cancun, Swiss authorities said Thursday.
Lebanon To Auction Offshore Gas Exploration By 2012 Πεμ, 19 Αυγούστου 2010 - 18:21 Lebanon's energy minister Thursday said his country plans to outline its maritime sea borders and auction off rights to explore potential offshore natural gas and petroleum reserves by 2012.
Finland Aims To Build First Ever Green Highway Πεμ, 19 Αυγούστου 2010 - 18:21 Finland wants to build the world's first "green highway," with service stations offering charging points for electric cars and pumps filled with local biofuels, the project manager said Thursday.
Bulgaria to Approach Russia for More Tangible Cut of Gas Price Πεμ, 19 Αυγούστου 2010 - 16:51 Bulgarian Deputy Economy, Energy and Tourism Minister Marii Kossev told journalists on Wednesday that Bulgaria will be seeking additional talks with Russia about a "genuine and more tangible" reduction of the price of natural gas.
Iran Gas Ambition Requires China to Crack LNG Secret Πεμ, 19 Αυγούστου 2010 - 14:27 Iran is unlikely to become a big exporter of natural gas unless China — a crucial partner as international sanctions scare others off — can develop tricky technology to liquefy the country’s massive gas reserves.
Vestas Posts Surprise Loss and Cuts Outlook Πεμ, 19 Αυγούστου 2010 - 14:26 World No.1 wind turbine maker Vestas posted a surprise second-quarter loss and unexpectedly cut its 2010 earnings outlook as customers delayed orders in the wake of the credit crisis.
Shell Says It May Spend as Much as $50 Billion in Australia Over 10 Years Πεμ, 19 Αυγούστου 2010 - 14:25 Royal Dutch Shell Plc plans to spend as much as $50 billion in Australia over the next decade, more than in any other region, as Europe’s largest oil company continues a shift to gas production.
Europe, N America Refiners May Shut 4.3 M B/D Capacity By 2013 Τετ, 18 Αυγούστου 2010 - 17:30 Refiners in North America and Europe could shut down a combined 4.3 million barrels a day of refining capacity by 2013, according to Vienna-based consultancy JBC Energy.
Iraq To Double Missan Oil Fields Output In 2011 Τετ, 18 Αυγούστου 2010 - 17:29 Iraq's state-owned Missan Oil Co. is working hard to double its current crude production from the southern oil fields in Missan governorate next year, MOC's head Ali Maarij told Dow Jones Newswires Wednesday.