English Edition

Ukraine Wants Russia, EU to Invest in its Gas Transportation System

Δευ, 26 Απριλίου 2010 - 12:42

Ukraine's gas transportation system will give the country some $6 billion in annual revenues if Kiev manages to persuade Russia and the European Union to invest in the modernization of Ukraine's pipelines, Ukrainian Prime Minister Mykola Azarov has told Ukraine's ICTV channel.

E.ON Shortlists 3 Bidders for U.S. Business: Sources

Δευ, 26 Απριλίου 2010 - 12:40

Germany's E.ON (EONGn.DE), the world's largest utility by sales, has shortlisted three bidders for the multi-billion euro sale of its U.S. business, three people with knowledge of the matter said.

Oil Gains on U.S. Economy; Brent Touches 18-mth high

Δευ, 26 Απριλίου 2010 - 12:38

Oil rose on Monday, pushing Brent crude to a fresh 18-month high, as robust manufacturing and home sales data in the United States buoyed hopes of a sustained economic rebound in the world's top energy user.

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

Παρ, 23 Απριλίου 2010 - 19:45

Well known personalities of the energy sector from Bulgaria and Greece are gathering in Sofia on April 29, 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) in Sofia , Bulgaria on April 29th, 2010 .

Eni Board Approves Issue Of Up To EUR3 Bln In Bonds

Παρ, 23 Απριλίου 2010 - 18:38

Eni SpA (E) said Friday its board had authorized the energy company to issue up to EUR3 billion in corporate bonds. The debt may be issued in one or several tranches by April 23, 2011, Eni said in a statement.

IMF Head: Prepared To Move Quickly On Greek Aid Request

Παρ, 23 Απριλίου 2010 - 18:38

International Monetary Fund Managing Director Dominique Strauss-Kahn said Friday that the fund would move quickly on the request Greece has made for financial help.

E.U.'s Biofuel Norms Flawed, Penalize Palm Oil -Executive

Παρ, 23 Απριλίου 2010 - 18:37

Flawed empirical calculations and wrong assumptions on greenhouse gas emissions make the European Union's renewable energy policy biased against non-European biofuel producers, including those of palm-based biodiesel, according to Gernot Pehnelt, director of independent research and consulting institute GlobEcon in Germany.

Russia Drops Charges Against Fugitive Oligarch

Παρ, 23 Απριλίου 2010 - 18:37

The Russian authorities Friday dropped charges of illegal business activity against fugitive oil tycoon Mikhail Gutseriyev, opening the door for the oligarch to return home from the U.K.

Pakistan Approves Privatization Of 3 State-Run Firms

Παρ, 23 Απριλίου 2010 - 18:36

Pakistan Friday gave the go-ahead for the privatization of Jamshoro Power Company and two other state-run firms as the country looks to reduce its heavy debt burden.

Eni 1Q Net Profit Up 17%; Slight 2010 Output Lift

Παρ, 23 Απριλίου 2010 - 18:36

Eni SpA (E), Italy's biggest oil and natural gas company by volume, Friday said first-quarter net profit climbed 17% on higher prices and production, and raised slightly its full-year forecast for output.

South Stream Gas Pipeline to Pass Through Romania

Παρ, 23 Απριλίου 2010 - 14:26

Romania will take part in the Russian-backed South Stream pipeline project, expected to pass through the European Union state's territory, Economy Minister Adriean Videanu was quoted as saying on Thursday.

New EU Wind Farms Held Back by Procedure

Παρ, 23 Απριλίου 2010 - 14:24

The length of time wind farm developers must wait to receive building permits varies wildly from one EU country to another, jeopardising the bloc's chances of meeting its 2020 renewables goal, the European Wind Energy Association (EWEA) said yesterday (22 April).