English Edition

Peak Oil Alarm Revealed by Secret Official Talks

Δευ, 23 Αυγούστου 2010 - 16:10

Speculation that government ministers are far more concerned about a future supply crunch than they have admitted has been fuelled by the revelation that they are canvassing views from industry and the scientific community about "peak oil".

Analysts Warn of Threat to Oil Price Stability

Δευ, 23 Αυγούστου 2010 - 16:08

The deteriorating global economic outlook and weakening OPEC discipline could force oil prices as low as US$50 per barrel within the next year, analysts say.

Nabucco Pipeline Confirms Feeder Lines to Iraq, Georgia

Δευ, 23 Αυγούστου 2010 - 16:07

The Nabucco pipeline project has taken another step forward by ordering engineering work for two feeder lines from Turkey to Iraq and Georgia. However, a third planned feeder line from Turkey to Iran has been put on the back-burner due to political considerations, the consortium announced.

Bjork Takes On Magma in Drive to Give Iceland Voters Final Say

Δευ, 23 Αυγούστου 2010 - 16:06

Singer-songwriter Björk Gudmundsdottir is spearheading a push that one poll shows is backed by 85 percent of Icelanders to put foreign energy takeovers to referenda if enough people oppose the deals.

US Tells Israel Iran Is One Year From Atomic Bomb

Παρ, 20 Αυγούστου 2010 - 18:25

The U.S. has persuaded Israel that Iran would take a year or longer to build a nuclear weapon, dimming the prospects of a preemptive strike on Iran's nuclear facilities, The New York Times said late Thursday.

Iran Says Will Enrich Uranium To Make Fuel For Bushehr Plant

Παρ, 20 Αυγούστου 2010 - 18:25

Iran said Friday it will press ahead with its controversial uranium-enrichment program so it can provide fuel for the Russian-built Bushehr nuclear plant due to go online this weekend.

Gazprom Denies Talks On European Gas Export Pricing

Παρ, 20 Αυγούστου 2010 - 18:24

Russian state-controlled gas producer OAO Gazprom (GAZP.RS) Friday denied it is holding talks on price reductions for European companies, following a report that German utility E.ON Ruhrgas AG is seeking lower prices.

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.