English Edition

IENE’s One-Day Conference in Sofia to Promote Hellenic-Bulgarian Energy Co-operation

Τρι, 27 Απριλίου 2010 - 16:22

Well-known personalities of the energy sector from Bulgaria and Greece are gathering in Sofia , Bulgaria on April 29th, 2010 on the occasion of the one-day conference on “ Hellenic-Bulgarian Co-operation in the Energy Sector” organized by the Institute of Energy for SE Europe (IENE) in co-operation with the Hellenic Business Council in Bulgaria (HBCB) . The conference will review the cooperation so far between Greek and Bulgarian energy companies and organizations but will also explore the future prospects for a broader cooperation between Greece and Bulgarian in the energy sector

IENE’s 4th South East Europe Energy Dialogue Emerges as Key Regional Energy Event

Τρι, 27 Απριλίου 2010 - 16:01

The “4th South East Europe Energy Dialogue”, the forum for furthering the idea of a S.E. European energy bridge, involving all the countries of the immediate and broader region, is once more being held in Thessaloniki, at the Hyatt Regency Hotel, on June 3 and 4, 2010, organized by the Institute of Energy for SE Europe (IENE). Following the success of the previous Energy Dialogue conferences, held over the last three years, this important international gathering, which is being organized in association with the World Energy Council (WEC), is expected to attract record participation from speakers, companies and international organizations

Indonesia to Cut Oil Use and Develop Untapped Geothermal Energy

Τρι, 27 Απριλίου 2010 - 15:17

Indonesian government has planned to cut national oil consumption by more than a quarter within five years by turning to Indonesia's vast, untapped geothermal power sources, local media reported in Jakarta on Monday.

Italy's Edison Promotes Cheaper Version of Nabucco

Τρι, 27 Απριλίου 2010 - 15:12

Italian energy company Edison is lobbying the European Commission for more support in upgrading existing infrastructure and building interconnectors from the Caspian to Italy, its representatives said on 26 April. This would allow the Nabucco gas pipeline to take over at a later stage, they claimed.

BP buys Total Norway Oil Interests for $991 million

Τρι, 27 Απριλίου 2010 - 15:10

Oil major BP Plc (BP.L) will pay Total SA (TOTF.PA) $991 million in cash for its French rival's holdings in two oil fields in the Norwegian North Sea as it continues an acquisition spree and Total sheds non-core assets.

Saudi Electricity gets SAR15 BLn Loan From Government

Δευ, 26 Απριλίου 2010 - 19:11

Saudi Electricity Co.(5110.SA) will receive a 15 billion riyal ($4 billion) loan from its main shareholder, the Saudi government, over the next two years, state-run Saudi Press Agency reported Monday.

France's Lagarde: Euro Zone Stands Behind Greece; Response Chaotic

Δευ, 26 Απριλίου 2010 - 19:11

The euro zone will stand behind Greece, which is "under attack" by some investors, French Finance Minister Christine Lagarde said Monday, but the bailout package will require harsh measures "for once" to be adopted by the cash-strapped country.

Russia's Putin: EDF To Get 20% Stake In South Stream In June

Δευ, 26 Απριλίου 2010 - 19:10

French utility Electricite de France SA (EDF.FR) will take a 20% stake in the OAO Gazprom (GAZP.RS)-led South Stream gas pipeline project in June, Interfax news agency reported Monday citing Russian Prime Minister Vladimir Putin.

Saudi's Energy Demand To Surge By 250% By 2028 - Aramco CEO

Δευ, 26 Απριλίου 2010 - 19:10

Saudi Arabia's domestic demand for energy is set to rise by 250% to 8.3 million barrels a day of oil equivalent by 2028, according to the chief executive of the country's state oil company.

Enel, Inter RAO To Build Nuclear Plant In Russia

Δευ, 26 Απριλίου 2010 - 19:09

Italian utility Enel SpA (ENEL.MI) and Russia's state-controlled Inter RAO UES (IRAO.RS) Monday agreed to together build a nuclear power plant in the Russian region of Kaliningrad, among other projects.

Areva, Siemens Consortium Wins Contract In Slovakia

Δευ, 26 Απριλίου 2010 - 19:09

A consortium comprising French state-controlled nuclear group Areva SA (CEI.FR) and Germany's Siemens AG (SI) Monday said it won a contract to supply digital supervision, protection and control systems for the Mochovce nuclear power plant in Slovakia.

Are Policymakers, Economists and Peak Oilists Starting to Speak the Same Language?

Δευ, 26 Απριλίου 2010 - 12:51

A rash of papers, comments and interviews have made us think this recently. It’s not as simple as ‘policymakers are waking up to peak oil’, but that all those groups — and indeed, industry — are increasingly talking about the same issues looming in fossil fuel production, even if they’re using different terminology.

Competition Heats Up Over EU Southern Gas Corridor

Δευ, 26 Απριλίου 2010 - 12:47

Austria joined the Gazprom-sponsored South Stream gas pipeline project on 24 April, marking the beginning of a new phase of competition between the pipeline and its rival Nabucco, which is designed to bring gas to Europe from sources other than Russia.