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Power Cuts

Τρι, 18 Μαΐου 2010 - 15:11

The union representing workers at the Public Power Corporation (PPC) is to join a general strike this Thursday, which could result in power cuts. PPC workers are also due to join rolling 48-hour strike action from the evening of Tuesday, May 25. Their union is protesting austerity measures and plans to reform the country’s creaking pension system.

Harnessing the Inexhaustible Energy of the Sun

Τρι, 18 Μαΐου 2010 - 14:50

The sun is an inexhaustible source of energy. A concentrated solar power plant covering just a small percentage of the surface area of the Sahara Desert (300 km x 300 km) could theoretically generate enough power to meet the needs of the entire earth. Electricity from solar thermal plants also has the advantage that it generates no harmful CO2 emissions.

Siemens Wins Order for Heating Power Plant in Bulgaria

Τρι, 18 Μαΐου 2010 - 14:49

Siemens Energy has received an order from Bulgaria for erection of a combined cycle district heating power plant, the company announced.

Austria's Alpine Bau Withdraws from Bulgarian Hydro-Power Project

Τρι, 18 Μαΐου 2010 - 14:48

Austrian construction company Alpine Bau withdrew from the consortium that was slated to buy a 30 per cent stake in a Bulgarian 500 million euro hydro-power plant project, its partner in the consortium, Austrian utility company EVN, said in a statement.

EU Boiler Efficiency Negotiations Drag On

Τρι, 18 Μαΐου 2010 - 14:47

The European Commission has delayed tabling planned energy-efficiency standards for central heating boilers commonly used by households, after its attempts to put together a proposal repeatedly bounced back due to technical difficulties.

Ukraine wants Parity in Energy Cooperation with Russia - Energy Minister

Τρι, 18 Μαΐου 2010 - 14:22

Ukrainian Fuel and Energy Minister Yuriy Boyko said on Tuesday cooperation with Russia in energy could be acceptable only on a parity basis.

New Iran Nuclear Swap Accord Potentially Good -NATO Chief

Δευ, 17 Μαΐου 2010 - 18:42

NATO's supreme commander said Iran's agreement Monday to swap the bulk of its enriched uranium for nuclear fuel in Turkey was "a potentially good development."

Rosneft Lifts 1Q Net Profit On Higher Output, Prices

Δευ, 17 Μαΐου 2010 - 18:42

Russia's largest oil producer OAO Rosneft (ROSN.RS) Monday said it is on track to increase full-year output by 4.5% as it ramps up production at the key Vankor field in East Siberia.

Venezuela Wants To Assign Oil Block This Year

Δευ, 17 Μαΐου 2010 - 18:41

Venezuela's Oil Ministry has three offers from private interests for help developing an oil block in the eastern Orinoco region and may choose one of them by the end of this year, an official said.

Yingli Green Energy to Power Largest PV Solar Power Plant in France

Δευ, 17 Μαΐου 2010 - 18:41

Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which holds the brand "Yingli Solar," today announced it has signed a sales contract with MAESSA TELECOMUNICACIONES, INGENIERIA, INSTALACIONES Y SERVICIOS, S.A.

Areva To Pitch For Tanzania's 1st Nuclear Power Plant - Report

Δευ, 17 Μαΐου 2010 - 18:39

Areva South Africa, part of France's Areva SA (CEI.FR), will bid to construct a nuclear power plant in Tanzania, The EastAfrican newspaper reports Monday.

Venezuela's Chavez To Nationalize More Metals Companies

Δευ, 17 Μαΐου 2010 - 18:39

Venezuelan President Hugo Chavez has announced plans to seize aluminum, iron and other firms in the raw materials-rich region of Guayana, part of a years-long effort to convert the area into one of his cradles of socialism.

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.