English Edition

Turkey’s Gas Deal with Azerbaijan Fuels Hopes in EU

Δευ, 17 Μαΐου 2010 - 13:50

Turkish Prime Minister Recep Tayyip Erdoğan, on a visit to Azerbaijan today (17 May), is due to sign a EU-backed gas deal that is expected to unlock Azeri gas reserves for the West and eventually trim Europe's energy dependence on Russia, the press in the region reports.

Iran, Brazil, Turkey Sign Nuclear Swap Deal

Δευ, 17 Μαΐου 2010 - 13:47

Iran, Brazil and Turkey signed a nuclear fuel swap agreement on Monday designed to allay international concern over the Islamic Republic's atomic ambitions and avert fresh U.N. sanctions against Tehran.

Nigeria, China Pen $23 Billion Refining Deal

Παρ, 14 Μαΐου 2010 - 18:01

Nigeria and China have signed a tentative deal to build three oil refineries in the West African state at a cost of $23 billion to boost badly needed gasoline supply in Nigeria and position China for more access to the country's coveted high-quality oil reserves.

Belgium Denies It Wants GDF Suez To Pay More For Nuclear Power

Παρ, 14 Μαΐου 2010 - 18:00

The Belgian government Friday denied press reports it wanted to slap an additional charge on French group GDF Suez SA (GSZ.FR) for extending the life of GDF's nuclear plants in Belgium.

UK Energy Secretary:Low-CO2 Economy Priority For New Government

Παρ, 14 Μαΐου 2010 - 18:00

Climate change, the speedy shift to a low-carbon economy and energy efficiency will be key priorities for the new coalition government, the U.K.'s new Energy and Climate Change Secretary Chris Huhne said Friday.

Brent and WTI Slide on Euro Concerns

Παρ, 14 Μαΐου 2010 - 17:59

Oil futures are falling sharply Friday after the euro tumbled to a 17-month low against the dollar of $1.2432. At 1114 GMT, the front-month June Brent contract on London's ICE futures exchange was $1.85 lower at $78.26 a barrel. Earlier Friday, the contract fell to a low of $77.77 a barrel.

Royal Dutch Shell Likely To Bid In Colombia Oil Round In July

Παρ, 14 Μαΐου 2010 - 17:58

Royal Dutch Shell PLC (RDSA) will likely bid for the oil and gas exploration rights to be awarded in July, the oil company's top official in Colombia said Thursday.

Clean Energy Seeks Congressional Support

Παρ, 14 Μαΐου 2010 - 17:58

U.S. renewable-energy and clean-technology industries are pressing for proposals not included in the energy and climate bill released this week, changes they say are vital to keeping their markets afloat and creating jobs.

Gazproms Push for Ukraine Merger Meets Resistance

Παρ, 14 Μαΐου 2010 - 14:19

Russia's gas export monopoly Gazprom, which is seeking a merger with Ukraine's state energy firm, yesterday (13 May) rejected Kiev's idea of inviting firms from the European Union to join potential talks. In the meantime, Ukrainian President Viktor Yanukovich rejected the Gazprom takeover.

Bulgaria Suspended from CO2 Emissions Trading

Παρ, 14 Μαΐου 2010 - 14:18

Bulgaria will be suspended from carbon emissions trading under the Kyoto Protocol as a result of poor transparency and untrustworthiness, the country's environment minister said on 13 May. The decision represents a heavy blow for the government in Sofia, which expected to receive €250m in revenue from the scheme this year, according to Dnevnik, EurActiv's partner publication in Bulgaria.

Gazprom-Naftogaz Merger Absolutely Pragmatic Idea - Miller

Παρ, 14 Μαΐου 2010 - 14:16

The chief executive officer of Russia’s gas giant Gazprom Alexei Miller and Ukraine’s Fuel and Energy Minister Yuri Boiko have had a meeting at Gazprom’s head office in Moscow on Thursday.

Obama, Medvedev Discuss Progress on Iran Sanctions

Παρ, 14 Μαΐου 2010 - 14:15

President Barack Obama and Russian President Dmitry Medvedev on Thursday called for the speeding up of six-nation negotiations on a U.N. sanctions resolution against Iran over its nuclear program.

Obama Wants $80 billion to Upgrade Nuclear Arms Complex

Παρ, 14 Μαΐου 2010 - 14:15

President Barack Obama sent a landmark arms-reduction treaty with Russia to the Senate on Thursday for ratification and called for $80 billion in nuclear funding, which could help win opposition support.