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Iran Floating Crude Storage Estimated At 35 Mln Barrels-Broker

Iran Floating Crude Storage Estimated At 35 Mln Barrels-Broker

Παρ, 30 Απριλίου 2010 - 18:35

Iran is storing an estimated 35 million barrels of crude oil in floating tankers, according to London-based shipbroker E.A. Gibson. The amount equates to nearly 10 days of Iranian oil production, Gibson said.

Putin Offers To Merge Gazprom, Ukraines Naftogaz - Interfax

Putin Offers To Merge Gazprom, Ukraine's Naftogaz - Interfax

Παρ, 30 Απριλίου 2010 - 18:33

Russian Prime Minister Vladimir Putin proposed to merge the country's state-controlled natural gas giant OAO Gazprom (GAZP.RS) and Ukraine's national gas company Naftogaz, Interfax reported Friday.

Russia: UN To Address Iran Sanction In Near Future - Report

Russia: UN To Address Iran Sanction In Near Future - Report

Παρ, 30 Απριλίου 2010 - 18:32

The United Nations Security Council may take up the issue of sanctions against Iran in the "very near future," Russian Foreign Minister Sergei Lavrov said Thursday according to the RIA Novosti news agency.

Gazprom 4Q Net Profit Soars On Pickup In Output, Demand

Gazprom 4Q Net Profit Soars On Pickup In Output, Demand

Παρ, 30 Απριλίου 2010 - 18:31

Russia's OAO Gazprom (GAZP.RS), the world's largest producer of natural gas, Thursday posted an eightfold increase in fourth-quarter net profit as production and demand recovered, prompting a rise in the company's share price.

IENE’s One-Day Conference in Sofia Underlined the Excellent Prospects for Further Co-operation on Energy Between Greece and Bulgaria

IENE’s One-Day Conference in Sofia Underlined the Excellent Prospects for Further Co-operation on Energy Between Greece and Bulgaria

Παρ, 30 Απριλίου 2010 - 18:08

The ongoing progress and future outlook of the energy relations between Greece and Bulgaria were reviewed in a one-day conference which IENE, in association with the Hellenic Business Council in Bulgaria (HBCB), organized in Sofia on April 29. High ranking government officials, senior executives and eminent engineers and scientists of both countries from major energy companies and organizations took part in this unique bilateral event

Romania Could See up to 2,000 New MW of Wind, Gas and Hydro generation

Romania Could See up to 2,000 New MW of Wind, Gas and Hydro generation

Παρ, 30 Απριλίου 2010 - 16:29

Romania should lower its stake in two nuclear reactor projects at its power plant in Cernavoda to encourage private investors and make the sector more competitive, the economy minister said on Thursday. The European Union state has a 51 percent stake in a deal to build two more reactors by around 2016 in a partnership with major power firms. The required investment is estimated at around 4 bil

Higher Energy Costs Push Producers Prices up 8.7 pct

Higher Energy Costs Push Producers Prices up 8.7 pct

Παρ, 30 Απριλίου 2010 - 14:32

Greek producer prices rose 8.7 percent year-on-year in March, pushed higher by increased energy costs compared to the same period last year, the Hellenic Statistical Authority (ELSTAT) said yesterday.

Spain Pricks Solar Power Bubble as Greek Fate Looms

Spain Pricks Solar Power Bubble as Greek Fate Looms

Παρ, 30 Απριλίου 2010 - 13:52

Spain is lancing an 18 billion-euro ($24 billion) investment bubble in solar energy that has boosted public liabilities, choking off new projects as it works to cut power prices and insulate itself from Greece’s debt crisis.

Germany Raids 50 Firms in Carbon Trading Inquiry

Germany Raids 50 Firms in Carbon Trading Inquiry

Παρ, 30 Απριλίου 2010 - 13:50

German prosecutors said on Wednesday (28 April) they had searched more than 230 sites in a probe based on suspicions of tax evasion in the trading of European Union carbon dioxide (CO2) emissions rights certificates.

Offshore Wind Boom Gathers Pace as Utilities Seek 18% Margins

Offshore Wind Boom Gathers Pace as Utilities Seek 18% Margins

Παρ, 30 Απριλίου 2010 - 13:47

E.ON AG and Vattenfall Europe AG are among utilities leading a worldwide push to develop offshore wind power, overcoming a lack of work ships, stormy seas and higher costs to make almost twice the profit they would on land.

Chevron CEO: $80/Bbl Oil Isnt Great Risk To Economy

Chevron CEO: $80/Bbl Oil Isn't Great Risk To Economy

Πεμ, 29 Απριλίου 2010 - 16:44

Chevron Corp. (CVX) Chief Executive John Watson said Wednesday that oil prices of more than $80 a barrel aren't a risk for the global economy and it isn't likely that they will increase dramatically.