English Edition

Gazprom Sees '10 Europe Gas Price At $325/1,000 Cubic Meters

Δευ, 14 Δεκεμβρίου 2009 - 18:10

Russian gas firm OAO Gazprom (GAZP.RS) expects next year's average gas selling price in Europe to be around $325 per 1,000 cubic meters, the Renaissance Capital brokerage said Monday citing Gazprom's Deputy Chief Executive Alexander Medvedev at a lunch meeting.

China Min: Shocked At US Saying Won't Fund China Climate Fight

Παρ, 11 Δεκεμβρίου 2009 - 19:43

Chinese Vice Foreign Minister He Yafei said he is "shocked" about remarks by the U.S. climate envoy Todd Stern that the U.S. wouldn't provide money to help China face the challenges of climate change.

Suez Environment CEO Eyes Reachable Climate Deal

Παρ, 11 Δεκεμβρίου 2009 - 19:43

An agreement to limit carbon emissions the international community is working towards at a climate summit in Copenhagen must be "reachable" and "reasonably possible," the chief executive officer of French utility Suez Environnement (SEV.FR) said Friday.

Ukraine Asks For 2 Billion Dollar Loan From IMF; Warns of Unrest

Παρ, 11 Δεκεμβρίου 2009 - 19:28

Ukraine has asked the International Monetary Fund to release a $2 billion loan to help it pay for Russian natural gas, external obligations and budget spending. Meeting payments in the next three months will be "extremely difficult" without the IMF funding, Deputy Prime Minister Hryhoriy Nemyria said.

Spanish Cabinet Approves CO2 Storage Law Proposal – Ministries

Παρ, 11 Δεκεμβρίου 2009 - 19:27

Spain's cabinet Friday has approved a law proposal to regulate carbon dioxide storage in the country, the industry and the environment ministries said in a joint statement.

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.