English Edition

EU Rejects Polish, Estonian CO2 Emission Plans

Παρ, 11 Δεκεμβρίου 2009 - 19:26

The European Commission Friday rejected CO2 emissions quotas submitted by Poland and Estonia for a second time. The two countries took court action after the commission rejected the first plans they put forward for 2008-12 and imposed significantly lower caps on their greenhouse gas emissions.

CNPC-Petronas-Total Consortium Awarded Iraq's Halfaya Oil Field

Παρ, 11 Δεκεμβρίου 2009 - 18:36

BAGHDAD (Dow Jones)--A consortium led by China National Petroleum Corp., Malaysia's Petronas and France's Total SA (TOT) was Friday awarded the giant Halfaya oil field in southern Iraq.

Iraq Oil Minister: Two Out Of Five Oil Contracts Awarded

Παρ, 11 Δεκεμβρίου 2009 - 18:35

A consortium comprising Royal Dutch Shell PLC (RDSA) and Malaysia's Petronas has been awarded Majnoon oil field, while the contract to develop the giant Halfaya oil field in southern Iraq was awarded to a consortium led by China National Petroleum Corp., Petronas and France's Total SA (TOT).

OMV, Vienna Bourse Launch Gas Trading Exchange In Austria

Παρ, 11 Δεκεμβρίου 2009 - 18:34

Austrian oil and gas giant OMV AG (OMV.VI) and the Vienna Stock Exchange Friday launched a new gas trading exchange that they see as a first step toward a wider continental European gas trading platform.

Germany's RWE Expects 100,000 Electricity Customers In 2009

Παρ, 11 Δεκεμβρίου 2009 - 18:33

FRANKFURT (Dow Jones)--German energy company RWE AG (RWE.XE) said Friday it will have gained 100,000 new electricity customers in 2009, mainly due to its discount unit Eprimo.

EDF Looks For UK Industry Support On Nuclear Build

Παρ, 11 Δεκεμβρίου 2009 - 18:31

LONDON (Dow Jones)--Electricite de France SA (EDF.FR) is in early stage talks with U.K. industrial groups about forming a consortium to help fund new nuclear power stations, U.K. newspaper The Times reports Friday.

Russia's To Cut Emissions 20%-30% From 1990 Levels By 2020

Παρ, 11 Δεκεμβρίου 2009 - 18:29

MOSCOW (Dow Jones)--Russia will cut carbon emissions by 20% to 30% from 1990 levels by 2020, an official said Friday.

Red Tape Thwarts Greece’s First Private LNG Import

Παρ, 11 Δεκεμβρίου 2009 - 16:20

Greek energy firms Motor Oil and Mytilineos said yesterday they had canceled the country’s first private liquefied natural gas (LNG) import because the natural gas grid operator delayed approving it. The firms said in a statement they could not take delivery of the 65,000-cubic-meter shipment, jointly purchased from Italy’s ENI, because state-controlled grid operator DESFA failed to sign a contract providing access to its network.

Coming Together to Combat Climate Change

Παρ, 11 Δεκεμβρίου 2009 - 16:17

In view of the United Nations Conference on Climate Change in Copenhagen, the foreign ministers of Cape Verde, Costa Rica, Iceland, Singapore, Slovenia and the United Arab Emirates have agreed to strengthen their commitments and call for renewed global action to address climate change.

Russia Eyes New Unit at Bulgaria's Kozloduy Nuclear Plant

Παρ, 11 Δεκεμβρίου 2009 - 12:29

Russia has officially voiced its interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession. "If the Bulgarian government opens a tender for an investor in the new nuclear facility, we will definitely take part in it," Genadij Tepkyan, Vice President of Atomstroyexport told journalists in Sofia

Oil To Average $85/Bbl In 2010 -Barclays Capital

Πεμ, 10 Δεκεμβρίου 2009 - 20:01

Oil prices will average $85 a barrel in 2010, Barclays Capital forecasts. Prices should range between $70-$100 a barrel next year. There will be little potential for the oil price spike of '08 due to spare supply capacity from OPEC, Kevin Norrish, managing director of commodity research told a press conference for its 2010 Global Outlook.

GE Wins $1.4 Bln Turbine Contract For Massive Wind Farm

Πεμ, 10 Δεκεμβρίου 2009 - 20:01

General Electric Co. (GE) won a $1.4 billion contract to supply Caithness Energy LLC with large turbines for a massive wind farm, set to be the world's largest once it's up and running.

Divides Emerge In Search For Copenhagen Deal

Πεμ, 10 Δεκεμβρίου 2009 - 20:00

The 12-day summit, which ends Dec. 18, aims to set bold new targets for cutting greenhouse gas emissions, measures to cope with the consequences of global warming and how the program will be financed.