English Edition

RWE Plans To Invest Around EUR1B In German Offshore Wind Farm

Παρ, 8 Ιανουαρίου 2010 - 18:33

German utility RWE AG (RWE.XE) said Friday it plans to invest around EUR1 billion in the construction of an offshore wind farm in the German part of the North Sea.

Uganda To Issue Tender For 5 Oil Blocks In 2010 - Official

Παρ, 8 Ιανουαρίου 2010 - 18:32

Uganda is set to issue an international tender for the five remaining exploration oil blocks in the Albertine Graben later this year as it seeks to establish the exact size of its oil reserves, a senior government official said Friday.

RWE: Investment For UK Wind Farms To Be Around EUR12B

Παρ, 8 Ιανουαρίου 2010 - 18:32

German utility RWE AG (RWE.XE) expects a total investment volume of around EUR12 billion for two offshore wind farms for which the U.K. government Friday awarded RWE and its partners construction licenses.

Statoil Executive: UK Offshore Wind Is Clear Extension For Co

Παρ, 8 Ιανουαρίου 2010 - 18:31

Entering the U.K. offshore wind sector is a natural extension for Norwegian oil and gas major Statoil ASA (STO), the world's largest offshore operator, company executive Anne Lycke said Friday.

Aegean Marine Inks Deal to Expand in ARA Region

Παρ, 8 Ιανουαρίου 2010 - 13:53

Aegean Marine Petroleum Network has agreed to acquire Verbeke Bunkering NV, a bunker operator, or supplier of marine fuel, in the Netherlands, for an undisclosed amount.

Rising Energy Prices Drive OECD Inflation

Πεμ, 7 Ιανουαρίου 2010 - 20:04

Rising energy prices confirmed the developed world's emergence from a period of deflation in November, but the prices of most goods and services rose at a slower pace.

Uganda Oil Reserves In 3 Blocks Could Hit 6B Barrels

Πεμ, 7 Ιανουαρίου 2010 - 20:04

Oil reserves in Uganda's three blocks along the Lake Albert basin could be at least 6 billion barrels up from the current estimate of 2 billion barrels once appraisals are completed in around two years time, the energy minister told Dow Jones Newswires Thursday.

Barclays Raises Big Oil '10 Profit Forecast But Cuts Refiners

Πεμ, 7 Ιανουαρίου 2010 - 20:03

Barclays Capital is raising its earnings-per-share forecast for integrated oil companies by an average of 9% in 2010, while reducing its EPS forecast for refiners by an average of 69% in the same period.

Gazprom: Ukraine Naftogaz Fully Paid For December Gas

Πεμ, 7 Ιανουαρίου 2010 - 20:02

Russian energy giant OAO Gazprom (GAZP.RS) confirmed Thursday that it had received payment from Ukraine for gas delivered in December, calming fears of a repeat of last January's gas cuts to Europe.

Grid Issues Second UK Gas Supply Balancing Alert

Πεμ, 7 Ιανουαρίου 2010 - 20:01

Freezing weather and record demand for U.K. natural gas has forced grid operator National Grid PLC (NGG) to issue a Gas Balancing Alert to the market via email Thursday, the second such alert this week.

OPEC Wont Act In March If Oil Below 100 dollars per Bbl

Τετ, 6 Ιανουαρίου 2010 - 17:15

Libya's top oil official said Wednesday the Organization of Petroleum Exporting Countries won't take action in their March meeting in Vienna if crude oil prices remain between $70-90 a barrel.

French Agency: Cold No Threat To French Power Supplies

Τετ, 6 Ιανουαρίου 2010 - 17:13

The current unseasonal cold weather in Northern Europe isn't a threat to French power supplies, Dominique Maillard, the head of France's electricity transport network RTE, said in an interview with French business daily La Tribune Wednesday.

Japan Project Aims To Turn Carbon Dioxide Into Natural Gas

Τετ, 6 Ιανουαρίου 2010 - 17:12

Japanese researchers Wednesday said they hoped to enlist bacteria in the fight against global warming to transform carbon dioxide buried under the seabed into natural gas.