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Venezuela to Nationalize U.S. Firms Oil Rigs

Venezuela to Nationalize U.S. Firm's Oil Rigs

Πεμ, 24 Ιουνίου 2010 - 10:35

Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.

Conclusions of Business Breakfast on RES in Bulgaria

Conclusions of Business Breakfast on RES in Bulgaria

Τετ, 23 Ιουνίου 2010 - 18:39

Investors in renewable energy sources (RES) remain dissatisfied with the proposed amendments to the Law on Preservation of Agricultural Land, it became clear during a business breakfast, organized by representatives of the business, Focus news agency reporter announced.

OECD Gas Demand To Reach 1578BCM By 2013, 2% Above 08 -IEA

OECD Gas Demand To Reach 1578BCM By 2013, 2% Above '08 -IEA

Τετ, 23 Ιουνίου 2010 - 18:37

Recovery for gas demand will hinge on the pace the global economy emerges from recession, but it is expected to hit 1578 billion cubic meters by 2013, the International Energy Agency said in its medium-term outlook for energy markets Wednesday.

Iran Must Respond To Nuclear Concerns - Brazil

Iran Must Respond To Nuclear Concerns - Brazil

Τετ, 23 Ιουνίου 2010 - 18:35

Sanctions may not have closed the door for talks over Iran's nuclear program, but the ball is now in Tehran's court to allay international fears, Brazil's foreign minister said here Wednesday.

Roofs Could Technically Generate up to 40% of EU’s Electricity Demand by 2020

Roofs Could Technically Generate up to 40% of EU’s Electricity Demand by 2020

Τετ, 23 Ιουνίου 2010 - 14:44

With a total ground floor area over 22,000 km2, 40% of all building roofs and 15% of all facades in EU 27 are suited for PV applications. This means that over 1,500 GWp of PV could technically be installed in Europe which would generate annually about 1,400TWh, representing 40% of the total electricity demand by 2020.

Gazprom Cuts by 60% Gas Supplies to Belarus

Gazprom Cuts by 60% Gas Supplies to Belarus

Τετ, 23 Ιουνίου 2010 - 13:02

Gazprom has cut supplies of gas to Belarus by 60 percent, but gas transit through Belarus to Europe is effected in full, Gazprom CEO Alexei Miller said.

EU To Meet With Oil, Gas Industry On Drilling Safety July 14

EU To Meet With Oil, Gas Industry On Drilling Safety July 14

Τρι, 22 Ιουνίου 2010 - 18:37

The European Commissioners for Energy and Environment will meet on July 14 with representatives of the oil and gas industry, as well as national surveillance authorities, to discuss the possible need to review European rules about platform drilling, in the wake of the Gulf of Mexico accident.

Belarus President: Gazprom Has Started Gas War

Belarus President: Gazprom Has Started Gas War

Τρι, 22 Ιουνίου 2010 - 18:36

The dispute over gas payment debts between Russian gas monopoly OAO Gazprom (GAZP.RS) and Belarus has turned into a "gas war," Russian news agency RIA Novosti reports Tuesday, citing the Belarusian president.

BP CEO Cancels Speech At Oil Conference

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

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.