English Edition

Rig Survivor Blames BPs Well Design

Τρι, 24 Αυγούστου 2010 - 18:01

BP Plc’s ‘screwed-up’ well design caused the Gulf of Mexico explosion that killed 11 workers and created the worst oil spill in U.S. history, a Transocean Ltd. rig supervisor who barely survived the disaster says.

Kuwait Concerned Over Irans Bushehr Nuclear Plant

Τρι, 24 Αυγούστου 2010 - 18:00

Kuwait has expressed safety concerns over Iran's new nuclear reactor on the opposite side of the Gulf, fearing fallout from possible leaks, the official news agency KUNA reported.

Cairn Greenland Gas Development A Long Shot

Τρι, 24 Αυγούστου 2010 - 17:59

If Cairn Energy (CNE.LN) were to continue finding gas off Greenland, commercial development would be unlikely, says Bernstein Research.

China, South Africa Sign Deals To Deepen Ties In Resources, Energy

Τρι, 24 Αυγούστου 2010 - 17:58

China and South Africa on Tuesday signed a raft of commercial deals in mining, finance, nuclear energy and other sectors during a visit by South African President Jacob Zuma, as Beijing strengthens its commercial ties with Africa's largest economy.

Venezuela Sets 5-Year Plan To Reduce Reliance On Hydropower

Τρι, 24 Αυγούστου 2010 - 17:57

Venezuela plans to sharply reduce its reliance and hydropower over the next five years while increasing its use of thermoelectric power to take advantage of its hefty reserves of oil and gas.

Bulgaria Needs Different Sources for Gas Price Drop

Τρι, 24 Αυγούστου 2010 - 14:43

The price of natural gas might drop by 16% but only if Bulgaria managed to diversify its sources, according to the Balkan and Black Sea Oil and Gas Association.

Russia May Build Chinese Pipeline Before South Stream

Τρι, 24 Αυγούστου 2010 - 13:40

Russian energy giant Gazprom may build a gas pipeline from Russia to China before it implements the South Stream project, planned for gas transportation across the Black Sea, a business daily said on Tuesday.

China July Coal Imports Ease To 13 Mln Tons

Δευ, 23 Αυγούστου 2010 - 18:25

China's coal imports in July fell 5.9% on year to 13.09 million metric tons, data issued Monday by the General Administration of Customs showed.

Cairn India Finds Oil, Gas At Krishna-Godavari Basin Well

Δευ, 23 Αυγούστου 2010 - 18:25

Cairn India Ltd. (532792.BY) said Monday unit Cairn Energy India Pvt. Ltd. has found oil and gas at an onshore block in the Krishna-Godavari basin in eastern India.

Belarus Eyes Latvia As New Route For Venezuelan Oil - Minister

Δευ, 23 Αυγούστου 2010 - 18:24

Landlocked Belarus is eying Latvia as its latest possible route to import oil from Venezuela, Foreign Minister Sergei Martynov said Monday, as it seeks to reduce its reliance on neighboring Russia.

Iraq-Turkey Oil Flow On Hold Since Thursday -Shippers

Δευ, 23 Αυγούστου 2010 - 18:24

The flow of crude oil from Iraq's Kirkuk oil fields to Turkey's Mediterranean export terminal of Ceyhan has been on hold since Thursday, two Middle East shipping agents said Monday.

UK PM To Lobby Russia,Others To Give UK Energy Cos Deals-Paper

Δευ, 23 Αυγούστου 2010 - 18:23

U.K. Prime Minister David Cameron and other ministers are to lobby Russia and other oil-rich countries to give U.K. energy companies new business, Energy Minister Charles Hendry tells The Daily Telegraph in a story published Monday.

The Source; Investigators Home In On What Could Be Worlds Deepest Crime Scene

Δευ, 23 Αυγούστου 2010 - 18:01

BP has begun work that will eventually lead to the removal of the blowout preventer from the sea bed of the Gulf of Mexico. The huge device, which failed to prevent the biggest oil spill in U.S. history, will then pass into the custody of the Department of Justice for close forensic examination as a potential crime scene.