English Edition

BHP Billiton 4Q Iron Ore Output +16% On Year, Flat Vs 3Q

Τετ, 21 Ιουλίου 2010 - 17:15

BHP Billiton Ltd (BHP) on Wednesday reported a strong performance in its fourth quarter ended June 30, with production of iron ore and metallurgical coal both up 16% on a year before.

Terror Act is Main Version of Explosions at Baksan HPS on Wednesday

Τετ, 21 Ιουλίου 2010 - 14:57

A terror act is the main version of the explosions at the Baksan hydropower station on Wednesday morning, a source at the Kabardino-Balkar Republic’s law enforcement authorities said.

BP Denies CEO Leaving as it Readies Asset Sales

Τετ, 21 Ιουλίου 2010 - 14:56

BP denied a report its embattled chief executive would leave soon, as it lined up $7 billion in asset sales to help pay for the worst oil spill in U.S. history, lifting its shares on Wednesday.

Economic Growth and Carbon Targets at Risk from Government Cuts

Τετ, 21 Ιουλίου 2010 - 14:55

Building a low-carbon economy – the UK’s innovation challenge has been published by a panel of top scientists at the Committee for Climate Change (CCC), formed last year to advise the government on its carbon budgets.

Lack of Transparency Impedes Romanian Wind Energy Development

Τετ, 21 Ιουλίου 2010 - 14:23

Industry and government representatives were told today at a workshop in Bucharest organised by the European Wind Energy Association (EWEA) and the Romanian Wind Energy Association (AREE). Despite this, projects worth 3,000 MW are due to come online in the next three years, and Romania has relatively short lead times and costs in terms of administrative procedures and connection to the grids.

2009 Trade On Global CO2 Markets +80% On Year At 8.7 Bln Tons

Τρι, 20 Ιουλίου 2010 - 17:17

Trade on global carbon markets in 2009 rose 80% compared with the previous year to 8.7 billion metric tons, driven mostly by the European Union cap-and-trade market, according to a report from TheCityUK.

EU Proposes Tighter Rules For State Aid To Coal Mines

Τρι, 20 Ιουλίου 2010 - 17:17

The European Commission Tuesday proposed to end most government aid for coal mines in the European Union. The proposal would limit government aid to mines that are in the process of shutting down, commission spokesman Jonathan Todd said.

China Says IEA Data On Its Energy Use Is Inaccurate

Τρι, 20 Ιουλίου 2010 - 17:17

Data from the International Energy Agency showing that China surpassed the U.S as the world's largest energy consumer last year are not accurate, a spokesman with China's National Energy Administration said Tuesday.

Europe Offshore Wind Sector Grows 1H; 333 MW Installed -Report

Τρι, 20 Ιουλίου 2010 - 17:16

The European offshore wind sector continued to grow in the first half of 2010, with 333 megawatts installed as wind farms in Germany, Denmark and the U.K. were connected to the grid, the European Wind Energy Association said Tuesday in a report.

BP: To Sell Oil,Gas Production, Exploration Assets In Pakistan

Τρι, 20 Ιουλίου 2010 - 17:16

BP PLC (BP) plans to sell its oil and gas production assets and exploration licenses in Pakistan as part of a divestment process aimed at raising $10 billion to cover the cost of the Gulf of Mexico oil spill, a company spokesman said Tuesday.

Eni In Possible Azeri Upstream, CNG Project-CEO

Τρι, 20 Ιουλίου 2010 - 17:15

Eni SpA (E) could resume exploration and production in Azerbaijan and take a central role in a project to ship compressed natural gas from Turkmenistan to the Azeri pipeline network, Chief Executive Paolo Scaroni said Tuesday in a telephone interview from Baku.

Greece PM Set to Talk Bulgaria’s Borisov into Oil Pipeline Project

Τρι, 20 Ιουλίου 2010 - 12:11

Greece's prime minister is planning a diplomatic initiative in order to "revive" the stalled Burgas-Alexandroupolis oil pipeline project in which his country is a partner together with Bulgaria and Russia, media reports say.

Ocean Energy Wants Place in EU's Energy Future

Τρι, 20 Ιουλίου 2010 - 11:40

Wave and tidal energy could provide 15% of Europe's energy needs by 2050, the industry estimates, calling for support measures to realise its potential.