English Edition

The 24th European Photovoltaic Solar Energy Conference and Exhibition closes with new Record Figures

Δευ, 28 Σεπτεμβρίου 2009 - 15:13

With the official Closing Session, the 24th European Photovoltaic Solar Energy Conference and Exhibition in Hamburg (24th EU PVSEC) ended on Friday after five very busy days. Until Thursday, 943 international manufacturers, suppliers and service providers covering every aspect of photovoltaics took part as exhibitors, attracting over 40,000 visitors. The share of international visitors amounted to more than 50%

Bulgaria Natural Gas Prices to Increase by 20% in January

Δευ, 28 Σεπτεμβρίου 2009 - 14:49

The prices of the natural gas in Bulgaria are expected to increase by 20% in January 2010 if the oil remains around USD 70 per barrel, and mazut stays at USD 400-420 per ton. The forecast has been made by Dimitar Gogov, head of the state owned gas distributing company "Bulgargaz"

Motor Oil takes over Shell network

Σαβ, 26 Σεπτεμβρίου 2009 - 14:14

Refinery Motor Oil Hellas has agreed to purchase Shell’s 700 gas stations in Greece for 219.1 million euros in a deal that will strengthen its position in the market after rival Hellenic Petroleum recently doubled its presence in the retail sector.

China Gov: More Renewable Energy Subsides Not Needed

Παρ, 25 Σεπτεμβρίου 2009 - 18:16

A top Chinese energy policy official said Friday that there is no need for additional renewable energy subsidies, and rejected calls for a minimum wind power price.

Kazakhstan Uranium Output To Reach 26,000 Tons By 2030

Παρ, 25 Σεπτεμβρίου 2009 - 18:15

Kazakhstan's annual uranium output is forecast to reach 26,000 metric tons by 2030 from 14,000 tons expected this year, a senior executive at Kazakh state nuclear fuel company Kazatomprom said Friday.

Turkey To Decide On Nuclear Tender Nov 20-24

Παρ, 25 Σεπτεμβρίου 2009 - 18:14

Turkish Energy Minister Taner Yildiz said Friday that his government will announce its decision on whether to approve or cancel a tender to build the country's first nuclear power plant, between Nov. 20 and 24, the Ihlas News Agency, or IHA, reported.

China To Remain Reliant On Coal In Long Term

Παρ, 25 Σεπτεμβρίου 2009 - 18:13

China will continue to rely on coal for most of its energy needs "for a long time," a senior official said Friday, just days after President Hu Jintao pledged action on its greenhouse gas emissions.

Oil Cos Seek To Curb CO2 Intensity

Παρ, 25 Σεπτεμβρίου 2009 - 18:12

Long targeted by environmentalists for their impact on the climate, oil companies are conjuring ways to cut their emissions - not only to burnish their image, but also to slash costs.

Iran Nuclear Chief: New Enrichment Plant 'Not Secret'

Παρ, 25 Σεπτεμβρίου 2009 - 18:11

Iran's second uranium enrichment plant, whose existence was made public Friday, was not a secret, the chief of Iran's nuclear agency has said.

Belene Nuclear Plant: RWE May Quit

Παρ, 25 Σεπτεμβρίου 2009 - 16:01

The German company RWE may quit the construction projects of the Bulgarian Belene nuclear power plant. The company's plans have been announced by Juergen Grossmann, chief executive officer of Germany's second-biggest utility, the Bloomberg agency reported.

Solar photovoltaic power essential to meet the 20% renewable energy target

Παρ, 25 Σεπτεμβρίου 2009 - 14:12

“The fundamentals of the PV industry are and remain strong, as indicated in our SET for 2020 study,” said Adel El Gammal, Secretary General of the European Photovoltaic Industry Association (EPIA) at the 6th European Photovoltaic (PV) Industry Forum held on 23 September in Hamburg. It needs an ambitious policy support for the next 3 to 9 years, until photovoltaic power is able to compete with conventional electricity on price.

Gazprom CEO: GDF Suez May Join Nord Stream This Year

Πεμ, 24 Σεπτεμβρίου 2009 - 18:48

GDF Suez SA (GSZ.FR) could this year become a shareholder in a project to build a gas pipeline under the Baltic Sea to Europe, Russian news agency RIA Novosti reports on its Web site Thursday, citing OAO Gazprom (GAZP.RS) Chief Executive Alexei Miller.

Naftogaz Outlines $500M Eurobond Restructuring Offer

Πεμ, 24 Σεπτεμβρίου 2009 - 18:47

Ukrainian state-run energy company Naftogaz Thursday outlined long-awaited proposals on the restructuring of a $500 million Eurobond maturing Sept. 30. The company is offering bondholders a new state-guaranteed note, with a five-year maturity and 9.5% coupon. The current Eurobond has a 8.125% coupon.