English Edition

Turkey-Azeri Pipe Deal Pushed Back

Τετ, 2 Ιουνίου 2010 - 14:47

Specific commercial and investment aspects of a deal, which will lay the terms for export of the Caspian gas through pipelines leading to Europe, will be decided in 6 months to 8 months, said Murad Heydarov, adviser to Azeri President Ilham Alyiev.

EU Energy Strategies Overlook Heat Losses

Τετ, 2 Ιουνίου 2010 - 13:50

EU energy strategies are currently overlooking significant energy savings that could be achieved with an integrated approach that allows the use of waste heat, according to Fiona Riddoch, managing director of Cogen Europe, and Sabine Froning, managing director of Euroheat&Power. They spoke to EurActiv ahead of their joint annual conference today (2 June).

EU Starts Defining Energy Strategy for Next Decade

Τετ, 2 Ιουνίου 2010 - 13:49

EU ministers yesterday (31 May) gave their first views on the upcoming EU energy strategy for 2011-2020, agreeing that it should be ready for endorsement by EU leaders in March 2011.

Russia, Ukraine Sign Nuclear Fuel Contract

Τετ, 2 Ιουνίου 2010 - 13:48

Russia’s TVEL and Ukraine’s Energoatom have signed a long-term contract on the delivery of nuclear fuel to Ukrainian nuclear power plants after 2010.

Azerbaijan To Boost Energy Production - President

Τρι, 1 Ιουνίου 2010 - 18:43

Energy-rich Azerbaijan expects to boost oil and gas production this year and is seeking to expand its energy export markets, President Ilham Aliyev said Tuesday.

Cost Of Insuring BP Debt Rockets 75% On Top Kill Failure

Τρι, 1 Ιουνίου 2010 - 18:42

The cost of insuring debt issued by BP PLC (BP.LN) hit a record high Tuesday, shooting up 75% on the news that the oil company has failed in its efforts to plug a leaking oil well in the Gulf of Mexico.

Iraqi May Crude Exports +8% On Month At 1.9M B/D - SOMO

Τρι, 1 Ιουνίου 2010 - 18:42

Iraq exported 1.9 million barrels a day of crude oil in May, up 8% on the 1.76 million barrels a day exported in April, the head of the State Oil Marketing Organization said Tuesday.

Qatargas Appoints Sheikh Khalid Al-Thani As New CEO

Τρι, 1 Ιουνίου 2010 - 18:41

State-controlled liquefied natural gas producer Qatargas said Tuesday it had appointed Sheikh Khalid Bin Khalifa Bin Jassim Al-Thani as its new chief executive.

Iran Troops Fighting Kurdish Rebels Inside Iraq - Official

Τρι, 1 Ιουνίου 2010 - 18:41

Iranian troops were operating three kilometers inside Iraqi territory Tuesday amid clashes with Kurdish rebels in the Qandil mountains near the border, a security official said.

Obama To Remark On Oil Spill As Investors Cut BP's Market Value

Τρι, 1 Ιουνίου 2010 - 18:40

President Barack Obama on Tuesday will deliver remarks on the catastrophic Gulf oil spill as frustration builds about the government's response and investors shave billions off BP PLC's (BP, BP.LN) market value in response to a once-promising attempt to plug the leak that failed over the holiday weekend.

Austria’s OMV talks Turkey

Τρι, 1 Ιουνίου 2010 - 13:51

Austrian integrated oil firm OMV aims to cut costs and restructure operations, while putting Turkey at the core of its three-pronged growth plan.

PPC to Invest 1.8 bln euros and Hire Workers

Τρι, 1 Ιουνίου 2010 - 13:51

Public Power Corporation (PPC) is planning to make investments of 1.8 billion euros in western Macedonia by 2015 and hire 1,600 employees by the year's end, the listed power company's chairman and chief executive officer, Arthouros Zervos, announced yesterday.

UK Energy Minister Softens Opposition To Nuclear Power-Sunday Times

Δευ, 31 Μαΐου 2010 - 18:42

U.K. Energy and Climate Change Secretary Chris Huhne told the Sunday Times in an interview that new nuclear power plants will be built, despite the government's opposition to subsidize the industry.