English Edition

Climate Center in Peloponnese

Τρι, 8 Δεκεμβρίου 2009 - 16:05

The Academy of Athens, Greece’s most respected research institution, and the University of Stockholm in Sweden have signed an agreement to create a climate change observatory in the Peloponnese, it was revealed yesterday.

Energy Capital

Τρι, 8 Δεκεμβρίου 2009 - 16:03

The European Union chose Slovenia’s capital Ljubljana as the headquarters of an energy agency that will help spur competition in the EU electricity and natural gas markets, highlighting growing Eastern demand for such rewards.

Uniting to Stop Climate Change

Δευ, 7 Δεκεμβρίου 2009 - 16:17

A climate change demonstrator protests in London on Saturday. Tens of thousands of protesters demonstrated ahead of the United Nations Climate Change Conference that starts today in Copenhagen.

Fiscal Solutions Lean On Crucial Residential Housing Industry

Δευ, 7 Δεκεμβρίου 2009 - 16:14

The residential real estate market has experienced a milder recession in Greece than in other EU countries, such as the UK, Ireland or Spain, but it risks entering into a protracted downward cycle. The Greek economy cannot expect much of a boost from a key sector in the months ahead, increasing the likelihood it will shrink for a second consecutive year.

Measures to cut red tape in RES projects

Δευ, 7 Δεκεμβρίου 2009 - 16:11

Environment and Energy Minister Tina Birbili announced yesterday new measures to reduce the bureaucratic procedures for the licensing of renewable energy source (RES) projects.

Bekaert, Electrabel Sign Industrial Wind Farm Deal

Παρ, 4 Δεκεμβρίου 2009 - 19:55

Belgian steel company Bekaert (BEKB.BT) and utility Electrabel, a unit of GDF Suez SA (GSZ.FR), said Friday they will partner to build wind farms.

Saudi Oil Min: Oil Prices Are OK Near $75 A Barrel

Παρ, 4 Δεκεμβρίου 2009 - 19:53

Saudi Oil Minister Ali al-Naimi said Friday there is no need for members of the Organization of Petroleum Exporting Countries to raise output when they meet this month in Angola.

Shell, Gazprom Appoint Andrey Galayev To Head Sakhalin

Παρ, 4 Δεκεμβρίου 2009 - 19:52

Sakhalin Energy, a joint venture with gas giant OAO Gazprom (GAZP.RS) and oil major Royal Dutch Shell (RDSA) as main shareholders, has appointed a Gazprom-insider Andrey Galayev as its chief executive, the company said Friday.

US Backs Bulgaria's Energy Diversification Effort

Παρ, 4 Δεκεμβρίου 2009 - 19:50

U.S. envoy Richard Morningstar expressed support on Friday for Bulgaria's efforts for higher energy independence, the Bulgarian government said ahead of talks with Russia next week on joint energy deals.

Ukraine Paid Russia In Full For November Gas Supplies

Παρ, 4 Δεκεμβρίου 2009 - 19:48

Ukraine's state gas firm Naftogaz said Friday it paid for Russian gas delivered in November on time, reducing the risk of another cutoff of natural gas to Europe this winter.

Edison Exec: ITGI Best Way For Azeri Gas To Europe

Παρ, 4 Δεκεμβρίου 2009 - 19:32

The planned natural gas pipeline linking the Caspian area with Italy through Turkey and Greece is the quickest and most feasible project to reduce European dependency on Russia and bring Azeri gas, said an executive of the company spearheading the project Friday.

EU Ends Antitrust Case Against GDF Suez; No Fine

Πεμ, 3 Δεκεμβρίου 2009 - 19:09

The European Commission Thursday settled its antitrust investigation into GDF Suez's (GSZ.FR) alleged abuse of its dominant position in the French gas market, accepting the company's promise to dramatically reduce its presence in the country's gas import infrastructure.

Syrian President Defends Iran's Nuclear Plans

Πεμ, 3 Δεκεμβρίου 2009 - 19:05

Syrian President Bashar al-Assad defended Iran's controversial nuclear program Thursday during a visit to Damascus by Iran's chief nuclear negotiator Saeed Jalili, and promised cooperation between the two countries would continue.