English Edition

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.

Greek Electricity Union Calls 48-Hour Strike Over Reforms

Πεμ, 13 Μαΐου 2010 - 18:06

The Greek electricity workers union has decided that it will strike for 48 hours on May 18 to protest new pension reform and austerity measures, adding to the long list of planned strikes.

Cnooc To Sign Iraq Missan Field Deal Mon-Official

Πεμ, 13 Μαΐου 2010 - 18:06

A consortium led by Cnooc Ltd. (CEO), the Hong-Kong-listed unit of China National Offshore Oil Corp., will sign a final deal with Iraq to develop the 2.5 billion-barrel Missan oil field complex in southern Iraq, a senior Iraqi oil ministry official said Thursday.

Venezuela Gas Rig Sinks; No Environmental Risk

Πεμ, 13 Μαΐου 2010 - 18:05

A natural gas exploration rig sank off the coast of Venezuela early Thursday, but the nearly 100 workers aboard were safely evacuated and the accident poses no environmental risk, officials said.

Turkish Agency: 67 Firms Pre-qualify For Power Grid Tenders

Πεμ, 13 Μαΐου 2010 - 18:05

Turkey's privatization agency OIB said Thursday that 67 firms have met the pre-qualification criteria to bid in the tenders of four state-owned power distribution grids, the Ihlas News Agency, or IHA, reported.