English Edition

Turkey Sees Energy Investments Of More Than TRY6.7B In 09

Τετ, 4 Νοεμβρίου 2009 - 20:27

Energy investments by the private sector are expected to exceed 6.7 billion Turkish lira ($4.5 billion) in 2009 up from TRY4.8 billion last year, the head of Turkey's energy watchdog EPDK said Wednesday, the Ihlas News Agency, or IHA, reported.

Eni Signing Begins Spate Of Iraqi Oil Agreements

Τρι, 3 Νοεμβρίου 2009 - 19:14

A consortium led by Italian energy giant Eni SpA on Monday signed an initial pact to develop Iraq's Zubair field, one of several deals moving forward this week aimed at boosting the war-torn country's oil output.

Russia Min: Lukoil Won't Lose Caspian License

Τρι, 3 Νοεμβρίου 2009 - 18:58

Russian oil producer OAO Lukoil Holdings (LKOH.RS) isn't at risk of losing the license to its Central field on the Caspian Sea shelf, Interfax reports Tuesday.

EU Commission To Meet Eni On Alleged Gas Market Abuse Nov 27

Τρι, 3 Νοεμβρίου 2009 - 18:57

Italian energy giant Eni SpA (E) will meet the European Commission on Nov. 27 for a hearing about an allegation that the company has restricted rivals from gaining access to its natural gas pipeline network, a commission spokeswoman said Tuesday.

2010 Crucial For Nabucco Pipeline

Τρι, 3 Νοεμβρίου 2009 - 18:55

Next year will be "crucial" for the Nabucco gas pipeline project, which aims to reduce Europe's reliance on Russia, former German foreign minister and Nabucco consultant Joschka Fischer said Tuesday.

Gazprom, GDF Suez To Swap German, Nord Stream Assets

Τρι, 3 Νοεμβρίου 2009 - 18:51

Gazprom OAO (GAZP.RS) and GDF Suez SA (GSZ.FR) are in talks over an asset swap that would allow the Russian gas monopoly to expand its position on the German gas market and open the Nord Stream gas pipeline to the French utility, German daily Handelsblatt reports Tuesday, citing unidentified sources.

Iraq Signs Rumaila Oil Field Deal With BP, CNPC

Τρι, 3 Νοεμβρίου 2009 - 18:50

Iraq signed a final deal Tuesday with U.K. oil major BP PLC (BP.LN) and China National Petroleum Corp. to develop Rumaila, its largest producing oil field, said Iraqi Oil Minister Hussein al-Shahristani.

Metka in deal with RWE to build Turk power plant

Τρι, 3 Νοεμβρίου 2009 - 15:29

Greek engineering firm Metka said yesterday it had signed a deal with RWE and Turcas Guney Elektrik Uretim to build a 450-million-euro 775-megawatt power plant in Turkey. As a contractor for the RWE-Turcas joint venture, Metka, a unit of metals group Mytilineos, will construct an electricity plant fueled by natural gas at Denizli, Western Anatolia.

Joschka Fischer: Next Year Crucial for Nabucco

Τρι, 3 Νοεμβρίου 2009 - 12:53

European Union's Nabucco gas pipeline project will play an important role for Bulgaria's future and the coming year will be crucial for it, former German foreign minister Joschka Fischer said in Sofia. Fischer, now an adviser for partners in the Nabucco consortium, the German and Austrian energy giants RWE and OMV, arrived in Sofia to discuss the project with Bulgarian Prime Minister Boyko Borisov and other officials

China To Double Wind Power Installed Capacity This Year

Δευ, 2 Νοεμβρίου 2009 - 19:09

China will add wind power installed capacity of 12 gigawatts this year, doubling the nation's total wind power capacity, Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission, said Monday.

Czech Nuclear Tender Highlights Geopolitical Rift

Δευ, 2 Νοεμβρίου 2009 - 19:09

Czech power utility CEZ AS (BAACEZ.PR), Central Europe's largest company by market capitalization, just received initial bids in a $30 billion tender, the region's largest ever, to build five new nuclear reactors in Europe. But the utility, majority-owned by the Czech state, faces a strategic dilemma: whether to use western or Russian technology.

Eni Signs Initial Pact To Develop Iraq's Zubair Field

Δευ, 2 Νοεμβρίου 2009 - 19:08

A consortium led by Italian energy giant Eni SpA (E) Monday signed an initial 20-year agreement with Iraq to develop the giant Zubair oilfield in southern Iraq, an Iraqi oil ministry official said.

RWE: Iran Not A Possible Nabucco Partner, Supplier

Δευ, 2 Νοεμβρίου 2009 - 19:07

RWE AG (RWE.XE) doesn't consider Iran as a potential seventh partner in the Nabucco pipeline consortium nor as a possible supplier of natural gas, a company spokesman said Monday.