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Shell’s Alaska plans, BP’s Tiber Appraisal Delayed by Spill

Πεμ, 13 Μαΐου 2010 - 13:52

More and more reports are coming in about delays to oil drilling projects as a result of the Deepwater Horizon accident and continuing oil leak. There is a temporary moratorium on new drilling permits, and a suspension of hearings on Virginia’s offshore development.

Enel 1Q Net Profit At EUR1.05 Bln; Keeps 2010 Targets

Τετ, 12 Μαΐου 2010 - 18:15

Italian utility Enel SpA (ENEL.MI) Wednesday said first-quarter net profit slipped 45%, in line with expectations, after the year-ago figures were flattered by an exceptional gain.

Russia Ready To Discuss Merging Rival Oil Pipelines - Report

Τετ, 12 Μαΐου 2010 - 18:15

Russia plans to propose merging the Kremlin-backed Burgas-Alexandroupolis oil pipeline and the Turkish Samsun-Ceyhan pipeline once Bulgaria clarifies its stance on the first project, Russian news agency RIA Novosti reports on its website Wednesday, citing Russia's energy minister.

Turkish PM:Russia Nuclear Deal To Be Ratified By Parliaments-IHA

Τετ, 12 Μαΐου 2010 - 18:14

Turkish Prime Minister Recep Tayyip Erdogan said Wednesday Russia and Turkey have signed a deal to build Turkey's first nuclear-power plant, a project estimated to cost up to $20 billion, and the deal with Russia will be ratified by the countries' parliaments, the Ihlas News Agency, or IHA, reports.

Pirates Seize Greek Ship In Gulf Of Aden - Coastguard

Τετ, 12 Μαΐου 2010 - 18:14

A Greek-owned freighter was seized by pirates in the Gulf of Aden with a crew of 23 people on board, most of them Filipinos, the ship's operating company said Wednesday. "A group of around 10 pirates on speedboats boarded the vessel," the general manager of Athens-based Eurobulk Ltd. Markos Vassilikos told AFP.

Jordan Targets 100,000 B/D Oil Output By 2020

Τετ, 12 Μαΐου 2010 - 18:14

Jordan is planning to produce up to 100,000 barrels a day by 2020 from the country's vast oil shale-rock formation and other oil exploration blocks from almost nothing now, senior Jordanian energy and company officials said.

Oil Price Likely To Stabilize After Greek Bailout-OPEC Sec Gen

Τετ, 12 Μαΐου 2010 - 18:13

The head of the Organisation of Petroleum Exporting Countries said Wednesday he thought Greece's bailout package would work and could stabilize the oil price. "If this package solves the Greece problem which I'm sure it will then the market will stabilize," Secretary General Abdalla Salem El Badri said on the sidelines of an energy conference in Doha, Qatar.

Energy Rules, Spain

Τετ, 12 Μαΐου 2010 - 13:59

Spain and its Mediterranean neighbors must provide consistent rules for investors if they are to achieve their renewable energy goals, according to a European Union official. “Investors need clarity and predictability as regards a wide range of issues,” Fabrizio Barbaso, assistant director general of the European Commission’s Energy Directorate, told a conference in Valencia, Spain.

Senate Climate Bill Unveiled But Fate Uncertain

Τετ, 12 Μαΐου 2010 - 13:55

A new Senate bill aimed at battling global warming would impose new limits on carbon dioxide pollution from factories, utilities and vehicles, while expanding heavy-polluting domestic oil production and nuclear power generation.

Solar Energy Powers Public Viewings of World Cup in Africa

Τετ, 12 Μαΐου 2010 - 13:52

The World Future Council (WFC) hopes to increase public and political awareness of solar power by enabling public transmission of several World Cup matches in a remote village thanks to solar panels.

Russia Says Bushehr Nuclear Power Plant to Start Work on Schedule

Τετ, 12 Μαΐου 2010 - 13:49

The Bushehr nuclear power plant in Iran will go into operation by the end of the summer, the head of the Russian Federal Atomic Energy Agency (Rosatom) said on Wednesday. "The preparation of the Bushehr nuclear power plant for its launch is going according to plan. The launch has been set for the end of the summer, and we are on schedule," Sergei Kiriyenko said.

South Stream not Depend from Gazprom-Naftogaz Possible Merger

Τετ, 12 Μαΐου 2010 - 13:47

The parameters of the South Stream gas project do not depend from a possible merger of Gazprom and Naftogaz Ukrainy, this issue will depend from the results of a feasibility study, Energy Minister Sergei Shmatko, who is accompanying Russian President Dmitry Medvedev in his ongoing visit in Syria, told reporters on Tuesday.

Medvedev Visits Turkey With Focus On Energy

Τρι, 11 Μαΐου 2010 - 18:48

Russian President Dmitry Medvedev arrived in Turkey Tuesday for a two-day visit expected to focus on energy cooperation, including a plan to build Turkey's first nuclear-power plant.