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Go-Ahead for Bulgaria Gorna Arda Hydro Project

Πεμ, 3 Σεπτεμβρίου 2009 - 15:20

Bulgaria's new government has sealed a letter of approval for the construction of the long-delayed hydropower project at Gorna Arda river, the energy and economy minister announced. The move is a requirement for the wrapping up of the sale of a 30.1% stake, owned by Turkey's CCG, part of the Ceylan conglomerate, to an Austrian consortium between energy firm EVN and construction company Alpine Bau

EU Piebalgs:Gas Problems With Ukraine,Russia In Sep Unlikely

Τετ, 2 Σεπτεμβρίου 2009 - 18:41

The European Union is unlikely to face new gas problems with Ukraine and Russia in September, E.U. Energy Commissioner Andris Piebalgs told the European Parliament Wednesday.

Gazprom May Invite Foreign Partners To New Sakhalin Projects

Τετ, 2 Σεπτεμβρίου 2009 - 18:40

Russian gas firm OAO Gazprom (GAZP.RS) may invite foreign partners to develop the Sakhalin-3 and Sakhalin-4 projects in Russia's Far East, the company's Deputy Chief Executive Valery Golubev said Wednesday.

Russia August Oil Output 9.966M B/D, Up 0.6% On Month

Τετ, 2 Σεπτεμβρίου 2009 - 18:39

Russia produced an average of 9.966 million barrels a day of crude oil and gas condensate in August, up 0.6% from July, the news agency Interfax reported Wednesday, citing Ministry of Industry and Energy statistics.

Croatia Wants S Stream Gas Pipe Through Its Territory

Τετ, 2 Σεπτεμβρίου 2009 - 18:37

Croatia has proposed to Russia that the massive South Stream gas pipeline to Europe also passes through its territory, Prime Minister Jadranka Kosor was quoted as saying Wednesday.

Rosneft May Increase 2009 Capex By $300 Mln To $500 Mln

Τετ, 2 Σεπτεμβρίου 2009 - 18:36

Russia's No. 1 oil producer OAO Rosneft (ROSN.RS) may increase 2009 capital spending by between $300 and $500 million, the company's Chief Financial Officer Peter O'Brien said Wednesday.

Bulgaria To Decide On Energy Projects By November

Τετ, 2 Σεπτεμβρίου 2009 - 18:35

Bulgaria is currently reviewing its participation in several major Russia-backed energy projects and will decide by November whether to go ahead with them, premier Boyko Borisov said Wednesday.

EU Hasn't Received New Offer From Iran On Nuclear Talks

Τετ, 2 Σεπτεμβρίου 2009 - 18:33

The European Union hasn't received any new proposal from Iran regarding fresh talks with the world's top powers over its nuclear program, foreign policy chief Javier Solana said Wednesday.

Berlusconi to Visit Bulgaria in October at Borisov's Invitation

Τετ, 2 Σεπτεμβρίου 2009 - 17:37

Italy's Prime Minister, Silvio Berlusconi, is coming to Bulgaria for an official visit in October 2009. This became clear after he met with Bulgaria's Prime Minister, Boyko Borisov, in Gdansk, Poland, during the events dedicated to the remembering the 70th year since the start of World War II

Putin Wants from Borisov Quick Decisions on Russia-Bulgaria Energy Projects

Τετ, 2 Σεπτεμβρίου 2009 - 14:09

Russia's Prime Minister, Vladimir Putin, has called upon his Bulgarian counterpart, Boyko Borisov, to make a decision on the realization of the joint energy projects as soon as possible. Putin and Borisov met Tuesday night in Poland's city of Gdansk after the remembrance ceremonies for the 70th year since the start of World War II. The main topic of the first meeting of the two black-belt Prime Ministers was the future of the three joint energy projects - the Burgas-Alexandroupolis oil pipeline, the South Stream gas transit pipeline, and the Belene Nuclear Power Plant

Clean Power From Africa

Τετ, 2 Σεπτεμβρίου 2009 - 11:00

Along with other industrial companies, Siemens Energy is participating in the Desertec initiative to provide sustainable power to Europe, the Middle East and North Africa. A corresponding Memorandum of Understanding was signed today in Munich. Environmentally friendly power generated at solar thermal power plants in the Sahara and wind farms in North Africa is to be transported to the load centers where the power is needed. A technical and financial concept will be developed.