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Albanian Company Asks For Italy OK To Build 1,000MW Power Link

Τρι, 29 Δεκεμβρίου 2009 - 14:43

Albania's Biopower Green Energy Shpk Tuesday said it had asked the Italian government for permission to build an electricity line, with a capacity of 1000 megawatts, linking the two countries.

China Power Firms May See 2010 Losses On Coal Prices

Τρι, 29 Δεκεμβρίου 2009 - 14:42

China's power generators may face losses next year following hikes in contract coal prices, the China Electric News reported Tuesday.

European Commission Gives Oil Supplies Guarantees to 3 countries

Τρι, 29 Δεκεμβρίου 2009 - 09:18

European Commission on Monday issued guarantees to East-European countries – Slovakia, Hungary and the Czech Republic, in the first place – that it will secure the necessary amounts of crude oil for them if problems emerge with the transits of crude from Russia’s Siberian oilfields via the Ukrainian territory.

Dark Days at the Center of Europe

Τρι, 29 Δεκεμβρίου 2009 - 09:16

Surrounded by forest, a white granite pillar topped by a ring of golden stars near the village of Purnuskes marks "the geographical center of Europe." Things are looking bleak. The Baltic state of Lithuania -- sandwiched between Latvia and the Russian exclave Kalingrad -- faces an economic contraction of 18 percent for 2009.

Heard On The St: Exxon's Chemical Romance

Δευ, 28 Δεκεμβρίου 2009 - 14:40

For fans of the fuel, Exxon Mobil's takeover of XTO Energy, announced recently, signals the dawn of the age of natural gas. That is good news for the U.S. chemicals industry. Some 70% of America's production capacity for ethylene, the most common basic building block of chemicals manufacturing, uses gas as a feedstock.

China's 2009 Power Consumption To Rise 6% On Year –Report

Δευ, 28 Δεκεμβρίου 2009 - 14:39

China's 2009 power consumption is expected to rise more than 6% from 2008 amid accelerating economic recovery, the state-run Economic Information Daily reported Monday.

First Section Of Siberian-Pacific Oil Pipeline Opens

Δευ, 28 Δεκεμβρίου 2009 - 14:39

Russia's Prime Minister Vladimir Putin opened Monday the first section of the Siberian-Pacific oil pipeline network that will ultimately carry crude to China, Russian news agencies reported.

12 Dead, 11 Missing In China Mine Blasts - State Media

Δευ, 28 Δεκεμβρίου 2009 - 14:38

Twelve coal miners have been killed and 11 others trapped in two gas explosions in China, state media said Monday, in the latest accidents to strike the country's notoriously dangerous mining sector.

French Nuclear Body Encouraged By EDF Technical Efforts

Δευ, 28 Δεκεμβρίου 2009 - 14:38

French state-controlled utility Electricite de France SA (EDF.SA) has stepped up efforts to resolve a technical issue with the new nuclear reactors it is rolling out, newspaper Les Echos quotes an unnamed person close to the country's nuclear safety authority as saying Monday.

Iranian Opposition Claims Widespread Arrests

Δευ, 28 Δεκεμβρίου 2009 - 14:35

Iranian opposition Web sites reported Monday the arrest of several prominent reformists, including aides to opposition leaders and a former foreign minister, a day after clashes killed at least eight, the deadliest day of protests since the summer.

Power Line from Kosovo to Albania with German Funds

Δευ, 28 Δεκεμβρίου 2009 - 11:40

Kosovo has received a German loan to finance the construction of a 33,5 million euro transmission line to link with Albania’s power grid, said Kosovo’s Economy and Finance Minister, Ahmet Shala last week. The 400 kilovolt line will be complete in three years time.

Uranium to go to Turkey?

Δευ, 28 Δεκεμβρίου 2009 - 11:34

Iran has said Turkey could be a venue for Tehran to exchange nuclear material with the West, the latest in several counteroffers by the Persian nation that have frustrated US demands it directly accept a key United Nations-drafted deal.

Medvedev Dissatisfied With Copenhagen Climate Summit

Πεμ, 24 Δεκεμβρίου 2009 - 16:01

Russian President Dmitry Medvedev Thursday said he was dissatisfied with the results of the recent climate change conference in Copenhagen, news agency RIA Novosti reports on its Web site Thursday.