English Edition

Chevron Acquires Interest in Three Deepwater Exploration Blocks in China

Τρι, 7 Σεπτεμβρίου 2010 - 18:02

Chevron Corporation (NYSE:CVX) announced today that its China subsidiary has received final approval to acquire operating interests in three exploration blocks in the South China Sea's Pearl River Mouth Basin.

Gazprom To Sell Stake In Its Enel, Eni Joint Venture

Τρι, 7 Σεπτεμβρίου 2010 - 18:01

OAO Gazprom (GAZP.RS) will sell its controlling stake in SeverEnergia--a natural gas project part-owned by Eni SpA (ENI.MI) and Enel SpA (ENEL.MI)--to a joint venture of OAO Gazprom Neft (SIBN.RS) and OAO Novatek (NVTK.RS), the company said Tuesday.

Financial Appraisal Deal Brings Nabucco Closer to Securing Funding

Τρι, 7 Σεπτεμβρίου 2010 - 17:04

The shareholders and project company of Nabucco have singed a mandate letter with three international financial institutions for the appraisal of the future natural gas transit pipeline, which has been hailed as a key step towards its successful construction.

Bulgaria to Get BGN 41 M Dividend from Power Utility CEZ

Τρι, 7 Σεπτεμβρίου 2010 - 17:03

The Bulgarian government is going to receive a dividend of BGN 41 M from the Czech-owned power utility CEZ Bulgaria.

Turkey Joins Europe, Electrically Speaking

Τρι, 7 Σεπτεμβρίου 2010 - 16:10

Turkey may be frustrated in its bid to become part of the European Union, but by the end of September, it will join Europe’s electric grid.

Rosatoms Subsidiary Uses Stakes in Kazakh Mines in Uranium One Deal

Τρι, 7 Σεπτεμβρίου 2010 - 16:05

Russian state-owned miner Atomredmetzoloto (ARMZ), a subsidiary of Rosatom, has bought a controlling stake in Canada's Uranium One using its stakes in two Kazakh uranium mines as a part of the payment, the head of Rosatom said on Tuesday.

Russia Plans to Explore Gas Deposits in Northwest Siberia

Τρι, 7 Σεπτεμβρίου 2010 - 16:04

Russia plans to exploit its biggest gas reserves on the Yamal Peninsula in northwestern Siberia, but estimates say it will cost up to 8 trillion rubles ($260 billion), a business daily said on Tuesday.

RF, Kazakhstan Agree to Jointly Prospect Imashevsky Gas Field

Τρι, 7 Σεπτεμβρίου 2010 - 16:03

Kazakh Minister of Oil and Gas Sauat Mynbayev and Russian Minister of Natural Resources and Ecology Yuri Trutnev have signed an agreement on joint activities on geological study and prospecting of the Imashevsky trans-border gas and gas condensate field.

Progress Seen on Green Fund for Climate Deal

Δευ, 6 Σεπτεμβρίου 2010 - 18:59

Almost 50 nations made progress on Friday (3 September) towards a 'Green Fund' to help poor countries fight global warming but hosts Mexico and Switzerland said a full UN climate treaty was out of reach for 2010.

Gamesa To Supply Iberdrola With 258 MW In Turbines For Brazil

Δευ, 6 Σεπτεμβρίου 2010 - 18:56

Gamesa Corporacion Tecnologia SA (GAM.MC) Monday said it will provide wind turbines with a capacity to generate 258 megawatts of electricity to Spain's Iberdrola Renovables SA (IBR.MC).

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.