English Edition

Italy Set to Cut Solar Incentives

Δευ, 12 Ιουλίου 2010 - 13:22

Italy's new, long-awaited solar incentive plan includes gradual cuts in feed-in tariffs of up to 30 percent next year and 6 percent in both 2012 and 2013, two industry sources told Reuters on Friday.

EU Mulls Beefing Up Energy Savings Policy

Δευ, 12 Ιουλίου 2010 - 13:20

Günther Oettinger, the EU's energy commissioner, said last week (8 July) that he would assess the need for stronger EU regulation on energy efficiency in the context of a new policy "action plan" to be presented in 2011.

Uranium Bottoming as China Boosts Stockpiles

Δευ, 12 Ιουλίου 2010 - 13:19

China is buying unprecedented amounts of uranium, signaling that prices are poised to rebound after three years of declines. The nation may purchase about 5,000 metric tons this year, more than twice as much as it consumes, building stockpiles for new reactors, according to Thomas Neff, a physicist and uranium- industry analyst at the Massachusetts Institute of Technology in Cambridge.

Russia's Sakhalin Gas Companies Raise H1 Output by 60 pct

Δευ, 12 Ιουλίου 2010 - 13:16

Oil companies on Russia's Pacific island of Sakhalin in the first six months of this year extracted 12.740 billion cubic meters of gas, or 61% more than in the same drilling period last year, an official from the Natural Resources and Environmental Protection Ministry said on Monday.

Iran Plans to Begin Production of Own Nuke Fuel by Autumn 2011

Δευ, 12 Ιουλίου 2010 - 13:15

Iran plans to begin production of its own fuel in late August-early September of 2011, vice-president and the head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi, told Iran’s news agencies on Monday.

Siemens To Invest EUR200M In Africa Within Next 2 Years

Παρ, 9 Ιουλίου 2010 - 18:57

Siemens AG (SI) said Friday it wants to make an additional investment of roughly EUR200 million in Africa within the next two years to strengthen its sales in the continent.

Iberdrola Renovables Output +17% In 2Q On US Wind

Παρ, 9 Ιουλίου 2010 - 18:56

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Friday said its electricity output surged in the second quarter amid surging wind power production in the U.S.

Yingli May Borrow Up to $5.31B From China Development Bank

Παρ, 9 Ιουλίου 2010 - 18:56

Yingli Green Energy Holding Co. (YGE) and its affiliates potentially could borrow up to RMB36 billion ($5.31 billion) under an agreement with China Development Bank to support the solar-panel maker's expansion.

EU Sets CO2 Allowances Cap For 2013 ETS At 1.93B

Παρ, 9 Ιουλίου 2010 - 18:56

The European Commission has set the maximum number CO2 emission allowances that will be traded in 2013 at a little less than 1.93 billion units, it said Friday.

BP-led Consortium Awards Contracts For $6 Bln Caspian Project

Παρ, 9 Ιουλίου 2010 - 18:55

A consortium led by BP PLC (BP) that is operating the massive Azeri-Chirag-Gunashli oil field in the Azeri sector of the Caspian Sea has awarded six contracts totaling $814 million for development of the Chirag project, the consortium said Friday.

Ecuador's Jan-May Oil Exports Rise 100% On Year To $3.6B

Παρ, 9 Ιουλίου 2010 - 18:55

Ecuador's crude oil export revenue totaled $3.6 billion for the January-May period, a 100% increase from $1.8 billion a year earlier, due to higher oil prices, the central bank reported Friday.

Obama Will Urge Boosting Clean Energy Tax Credit

Παρ, 9 Ιουλίου 2010 - 14:48

President Barack Obama will urge the U.S. Congress on Friday to extend a manufacturing tax credit by $5 billion to foster private investment in clean energy, a White House official said.

Russian Sub Could Stop Oil Leak

Παρ, 9 Ιουλίου 2010 - 14:46

Russian-owned submersibles would be able to cap the oil leak in the Gulf of Mexico, the captain of one of the vessels has said. The skipper was speaking as two of the subs - which can dive to 6,000m - started a campaign of exploration at the bottom of Lake Baikal in Siberia.

Gazprom Neft May Buy 200 Filling Stations From Bulgaria's Petrol-Paper

Πεμ, 8 Ιουλίου 2010 - 19:03

Bulgarian fuel distributor Petrol AD (5PET.BG) is in advanced talks to sell 200 gasoline stations to Russia's OAO Gazprom Neft (SIBN.RS), the Dnevnik daily reported Thursday on its website, citing unnamed sources.

Oil, Gas Drillers Raise Voices As Debate Over Ban Intensifies

Πεμ, 8 Ιουλίου 2010 - 19:03

Crew members of the Danny Adkins, a drilling rig owned by Noble Corp. (NE), watched new paint dry as they waited for the resolution of the Gulf's biggest drama: whether the temporary ban on offshore drilling imposed by the Obama administration will stick.

China Begins Operating Country's First UHV DC Power Line

Πεμ, 8 Ιουλίου 2010 - 19:02

China's first ultra-high voltage direct current power transmission line began operating Thursday, linking eight provinces from Xiangjiaba in Sichuan province to Shanghai city, the Shanghai city government said on its official website.