English Edition

Chinese Firms Must Adapt To New Iron Ore Pricing System

Δευ, 6 Σεπτεμβρίου 2010 - 18:56

China's industry participants and financial institutions should study building up a domestic iron ore futures market as part of the effort to adapt to the new quarterly pricing mechanism for the raw material, Feng Guiquan, vice president of China Minmetals Corp., said Monday.

EIB, EBRD, IFC Consider EUR4B Funding For Nabucco

Δευ, 6 Σεπτεμβρίου 2010 - 18:55

International investment institutions Monday signed an agreement to start a process that will potentially lead to as much as EUR4 billion of financing for the planned Nabucco natural gas pipeline

Shell In Talks Over Sale Of Finnish, Swedish Downstream Assets

Δευ, 6 Σεπτεμβρίου 2010 - 18:55

Royal Dutch Shell PLC (RDSB) Monday confirmed that it had signed a letter of intent with Finnish energy company St1 last Thursday, to start exclusive talks over the sale of the company's downstream assets in Sweden and Finland.

China Goes Green, Keeping Bankers And Investors Busy

Δευ, 6 Σεπτεμβρίου 2010 - 18:54

Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are set to reap billions of dollars from public offerings to new investors in coming months.

RWE Welcomes Nuclear Power Decision, Expects Burden

Δευ, 6 Σεπτεμβρίου 2010 - 18:54

German utility RWE AG (RWE.XE) said Monday it welcomes Germany's decision on nuclear power but expects a considerable and "unexpectedly high" financial burden for its nuclear power plants.

Brazil's Petrobras To Seek $64B From Share Sale

Παρ, 3 Σεπτεμβρίου 2010 - 18:43

Brazil's state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, on Friday launched its offer to raise about $64 billion from the world's largest-ever sale of shares to finance a massive investment program over the next five years.

German Nuclear Extension Decision Sunday -Lawmaker

Παρ, 3 Σεπτεμβρίου 2010 - 18:43

The German government is set to agree details of the planned extension of nuclear reactors' operating lives at a meeting Sunday, but any decision is almost certain to face considerable legal challenges, a leading lawmaker told Dow Jones newsletter Energy Daily Friday.

Lukoil Makes $500 Mln Advance Payment On $1.2 Bln Loan

Παρ, 3 Σεπτεμβρίου 2010 - 18:43

Russian oil producer OAO Lukoil Holdings (LKOH.RS) said Friday it has made an advance payment of $500 million on a $1.2 billion loan obtained last year in August.

Enel Confirms Green Unit IPO In Fall; No Discount -Chairman

Παρ, 3 Σεπτεμβρίου 2010 - 18:42

Enel SpA (ENEL.MI) still expects to go ahead with the initial public offering of its renewable unit in the fall, Chairman Piero Gnudi confirmed Friday, adding Enel doesn't plan to sell the shares at a discount to entice investors.

China Should Boost Installed Hydropower Capacity -Official

Παρ, 3 Σεπτεμβρίου 2010 - 18:42

To meet China's goal on energy conservation and emission reduction, the country's installed capacity of hydropower has to reach 380 gigawatts in 2020, according to Zhang Guobao, director of the National Energy Administration and vice director of the National Development and Reform Commission, who spoke in Beijing Aug. 26.

Conergy Finalises an Agreement for 32MW of PV Arrays in Greece

Παρ, 3 Σεπτεμβρίου 2010 - 17:09

Conergy, Germany’s fourth largest PV company, expects construction to begin in the second-quarter of 2011, and will have 18 months to complete the projects for an unnamed local investor.

Facebook Faces Campaign to Switch to Renewable Energy

Παρ, 3 Σεπτεμβρίου 2010 - 14:43

Social networking website Facebook is coming under unprecedented pressure from its users to switch to renewableenergy. In one of the web's fastest-growing environmental campaigns, Greenpeace international says at least 500,000 people have now protested at the organisation's intention to run its giant new data centre mainly on electricity produced by burning coal power.

First Standards Underway for Sustainable Water Use

Παρ, 3 Σεπτεμβρίου 2010 - 14:41

The European Water Partnership (EWP), a non-profit organisation, is in the process of testing draft standards for sustainable water management in industrial production processes. Pilots will soon be launched for the agriculture sector and urban areas.