English Edition

India Loses to China in Africa-to-Kazakhstan-to-Venezuela Oil

Τετ, 30 Ιουνίου 2010 - 13:04

Indian Oil Minister Murli Deora traveled to Nigeria, Angola, Uganda, Sudan, Saudi Arabia and Venezuela this year, leading a record number of delegations to gain oil for the world’s third-fastest-growing major economy.

No Consensus as Obama, Senators Discuss Energy Bill

Τετ, 30 Ιουνίου 2010 - 12:59

U.S. President Barack Obama on Tuesday urged lawmakers to put a price on carbon pollution in an upcoming Senate energy bill, but a meeting at the White House ended with no consensus, according to some senators and congressional aides.

Russia Presses Bulgaria on Nuclear Plant

Τετ, 30 Ιουνίου 2010 - 12:57

Moscow is pressing Sofia to give its green light to a new nuclear power station to be built by Russian firm Atomstroyexport, with Russia's EU ambassador hinting that Bulgaria's participation in the South Stream pipeline project depends on its decision. Dnevnik, EurActiv's partner in Bulgaria, reports.

Carbon Offset Auditors Get Poor Grade

Τετ, 30 Ιουνίου 2010 - 12:56

Reviewers of carbon-offsetting projects in developing countries under the UN's Clean Development Mechanism (CDM) were given poor grades for the second year in a row by green group WWF.

IENE Seminar to Focus on «Oil and the Economy»

Τετ, 30 Ιουνίου 2010 - 10:26

The strong interdependence between oil and the economy will be the subject of a seminar to be organized by IENE which will be held on Thursday, July 1st 2010 in the Auditorium of the National Research Foundation (NHRF) in Athens (48 Vassileos Constantinou Ave., 11635 Athens, Greece). Through «Oil and Economy 2010» Seminar, the Institute of Energy for SE Europe provides the opportunity of discussion between key players of the Greek oil market including senior company executives, analysts, academics as well as representatives of professional and consumers associations, in an effort to examine all aspects of the oil market and its functioning

Russia Calls On Bulgaria To Decide On South Stream

Τρι, 29 Ιουνίου 2010 - 18:12

Russia has urged Bulgaria to decide whether to commit itself to the South Stream gas pipeline project and Belene nuclear power plant, Bulgaria's Novonite news agency reports Tuesday.

Romania To Get Over 40% In Rompetrol If Debt Not Paid-Minister

Τρι, 29 Ιουνίου 2010 - 18:11

Romania will gain a 40% stake in oil refinery Rompetrol Rafinare (RRC.RO) if Kazakhstan's KazMunaiGas chooses to repay only $100 million of a $684 million outstanding debt to the state, news agency Mediafax cites Finance Minister Sebastian Vladescu as saying Tuesday.

E.ON May Swap Gazprom Stake For Upstream Assets - Source

Τρι, 29 Ιουνίου 2010 - 18:11

German energy group E.ON AG (EOAN.XE) is considering swapping its 3.5% stake in Russian gas giant OAO Gazprom (GAZP.RS) for upstream assets in Russia, a person familiar with the matter said Tuesday.

Iraq Cabinet Approves Shell Gas Deal In S Iraq-Official

Τρι, 29 Ιουνίου 2010 - 18:10

The Iraqi cabinet Tuesday approved a deal with Royal Dutch Shell PLC (RDSA) and Mitsubishi Corp. (8058.TO) to develop a gas-structure project in southern Iraq, paving the way for a final signature of the multibillion deal, a government spokesman.

Turkey Calls For Immediate Talks On Iran's Nuclear Program

Τρι, 29 Ιουνίου 2010 - 18:10

Turkey Tuesday urged Iran and Western powers to implement a nuclear fuel-swap deal and launch talks as soon as possible before the standoff over Tehran's atomic program worsens.

China To Boost Nuclear Power Generating Capacity -Report

Τρι, 29 Ιουνίου 2010 - 18:10

China is expected to have installed nuclear power generating capacity of 70-80 gigawatts by 2020 and 200 GW by 2030, the China Securities Journal reported Tuesday citing a senior energy expert.

Mr. Borisov’s Tightrope Game

Τρι, 29 Ιουνίου 2010 - 17:16

For those who follow the progress and inclinations of Bulgaria’s centre right populist government ever since it came to power last July, the announcement made on June 11th by prime minister Boyko Borisov, over his intention to pull out of the much touted Burgas-Alexandroupolis oil pipeline project did not come as a total surprise.

Russia Must Limit Reliance on Hydrocarbon Revenues - Medvedev

Τρι, 29 Ιουνίου 2010 - 13:14

Russia must limit reliance on revenues from its key oil and gas industries and balance the budget with other funds, President Dmitry Medvedev said on Tuesday.

Analysis: Doing Nothing Might Have Been Best for Oil Spill

Τρι, 29 Ιουνίου 2010 - 13:13

It might have been better for the environment to have done nothing about the enormous oil spill in the Gulf of Mexico except to keep the oil out at sea, British scientists said on Monday.

Russia Calls for U.S.-IAEA-Iran Meet on Fuel Delivery

Τρι, 29 Ιουνίου 2010 - 13:12

Russia's Foreign Minister called for a meeting between Iran, the United States, Russia and the IAEA on nuclear fuel delivery for the Islamic Republic's medical reactor, Itar-TASS news agency reported.

Efforts to Reduce Waste of Natural Gas Flaring

Τρι, 29 Ιουνίου 2010 - 13:09

In an effort to reduce greenhouse gas emissions and increase access to electricity, the World Bank-led Global Gas Flaring Reduction partnership (GGFR) today officially welcomed Wärtsilä as the first associated partner to join the global effort to reduce the flaring or burning of natural gas associated to oil production.