English Edition

BP CEO Cancels Speech At Oil Conference

Τρι, 22 Ιουνίου 2010 - 18:35

Chief Executive Officer Tony Hayward on Tuesday canceled an appearance at the prestigious World National Oil Companies Congress, where he was scheduled to deliver a speech entitled, "Key roles and responsibilities of international oil companies in an age of economic uncertainty."

Iraq PM Warns Of Two More Years Of Power Supply Misery

Τρι, 22 Ιουνίου 2010 - 18:35

Iraqi Prime Minister Nouri al-Maliki on Tuesday warned demonstrators who have held bloody protests across southern and central Iraq that there was no quick fix to the country's power supply problems.

Spain Photovoltaic Installations Plunge In '09 As Rules Change

Τρι, 22 Ιουνίου 2010 - 18:35

Only 70 megawatts of photovoltaic solar electricity generating capacity was installed in Spain in 2009 as a change in regulation paralyzed the sector, Javier Anta, the president of the Photovoltaic Industry Association, said Tuesday.

Greek Government on Burgas-Alexandroupolis Pipeline

Τρι, 22 Ιουνίου 2010 - 17:26

The Greek government has not changed policy regarding the construction of the Burgas-Alexandroupolis oil pipeline and is worried about recent negative developments on the part of Bulgaria, Deputy Energy Minister Yiannis Maniatis told Parliament on Monday night.

Denmark Moves on Offshore Wind

Τρι, 22 Ιουνίου 2010 - 17:22

Danish player Dong Energy has been granted a concession to build Denmark’s next major offshore wind farm off the Danish island of Anholt in the Kattegat.

China Rare Earth Limits Said to Be Targeted by U.S.

Τρι, 22 Ιουνίου 2010 - 13:30

China’s restrictions on the export of rare earths used in the manufacture of cell phones and radar are being targeted by the U.S. Trade Representative for a potential trade case, according to industry representatives.

Gazprom Slashes Supplies of Gas to Belarus Two-Fold - CEO

Τρι, 22 Ιουνίου 2010 - 13:25

Gazprom on Tuesday slashed supplies of gas to Belarus by two times compared with Monday, and now they amount to 30 percent of scheduled deliveries, Gazprom CEO Alexei Miller said.

Ambitious Energy Plan Unveiled

Τρι, 22 Ιουνίου 2010 - 13:20

Investments in renewable energy sources (RES) are seen reaching 16 billion euros by 2020 in order for the country to meet its energy goals, according to the Environment, Energy and Climate Change Ministry.

PPC's Oldest Lignite Unit Closed Down

Τρι, 22 Ιουνίου 2010 - 10:02

One of Greece’s oldest and most polluting power stations, in the town of Ptolemaida in northern Greece, was shut down yesterday in what Environment Minister Tina Birbili said was a move designed to show the government’s determination to produce cleaner energy. Birbili pressed the button that led to one of the four lignite power plants in Ptolemaida ceasing to produce energy for the first time since it was opened in 1959

Brazil's Petrobras Maintains Aggressive Growth Plans

Δευ, 21 Ιουνίου 2010 - 18:34

Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR) maintained its aggressive growth plans, announcing Monday that the company will invest $224 billion over the next five years.

Algeria Opened Six Gas-Fuelled Power Stations In 2009-Official

Δευ, 21 Ιουνίου 2010 - 18:34

Algeria brought online six gas-fuelled power stations generating 2,000 megawatts of electricity in 2009, the head of the state-owned utility company Sonelgaz said Monday.

Yuan Flexibility Won't Hit Libya Oil Trade - Libya Oil Head

Δευ, 21 Ιουνίου 2010 - 18:34

China's decision to make its exchange-rate regime more flexible won't have a major impact on Libya's oil trade, Libya's top oil official said Monday.

Anadarko To Take Huge Hit If Forced To Pay Into BP Oil Spill Fund

Δευ, 21 Ιουνίου 2010 - 18:33

The strain of mounting costs from the Gulf oil spill has finally shattered the bonds between BP and its main partner in the leaking well.