English Edition

Russian Min Sees '09 Natural Gas Output At 580BCM

Τετ, 23 Σεπτεμβρίου 2009 - 20:17

Russia's Economic Development Ministry expects the country's natural gas output to amount to 580 billion cubic meters in 2009, according to the draft federal budget for 2010-2012 approved by the Russian government Wednesday.

Gazprom Ups Stake In Gazprom Neft Sakhalin To 100%

Τετ, 23 Σεπτεμβρίου 2009 - 20:16

Russian oil major OAO Gazprom Neft (SIBN.RS) has brought its stake in subsidiary Gazprom Neft Sakhalin to 100%, according to a Gazprom Neft statement seen by Prime-Tass Wednesday.

PPC Pans

Τετ, 23 Σεπτεμβρίου 2009 - 15:19

Public Power Corp, Greece’s biggest electricity company, approved plans to proceed with a 350-million-euro Cycladic interconnection project that will provide improved power supply to the islands of Syros, Paros, Naxos and Myconos. The company will call for bids for the project following a two-month public consultation, according to an e-mailed statement yesterday.

Venezuela Aims For $80 A Barrel Floor On Oil Prices

Τρι, 22 Σεπτεμβρίου 2009 - 17:44

Venezuela aims to build an oil price floor of $80 a barrel to boost its oil production in the coming years, Oil Minister Rafael Ramirez said Tuesday.

Investment In Russia's Shtokman Gas Field Hits $500M

Τρι, 22 Σεπτεμβρίου 2009 - 17:42

Companies developing the Shtokman gas condensate field in the the Barents Sea have invested $500 million, Russian news agency RIA Novosti reports on its Web site Tuesday, citing the project operator.

Lukoil Delays Launch Of Caspian Sea Field Until March 2010

Τρι, 22 Σεπτεμβρίου 2009 - 17:41

Russia's largest independent oil producer by output OAO Lukoil Holdings (LKOH.RS) has postponed the launch of its Yuri Korchagan field in the Caspian Sea by three months to March 2010, the company's Chief Executive Vagit Alekperov said Tuesday.

Deputy PM: Russia Plans Wave Of Privatizations

Τρι, 22 Σεπτεμβρίου 2009 - 17:39

Russia is planning a wave of privatization that could see stakes sold in ports, airports, shipping companies and oil company OAO Rosneft (ROSN.RS) in the second half of 2010, the Financial Times reports on its Web site Tuesday, citing First Deputy Prime Minister Igor Shuvalov.

Ukraine President: Budget-Fighting Biggest Threat To Economy

Τρι, 22 Σεπτεμβρίου 2009 - 17:37

Ukraine has experienced an economic renaissance over the last three years, but the lack of a budget agreement in government is the biggest threat to financial stability, said President Viktor A. Yushchenko Monday at an event in New York hosted by the Council on Foreign Relations.

Aramco CEO:Committed To Gas Exploration To Meet Demand

Τρι, 22 Σεπτεμβρίου 2009 - 17:32

Saudi Arabian Oil Co., the world's biggest oil company, will continue exploring for domestic natural gas resources as it seeks to meet rapidly rising demand in the Middle East's largest economy, its top executive said Tuesday.

Spare Capacity Weakens OPEC's Grip On Oil Prices

Δευ, 21 Σεπτεμβρίου 2009 - 19:21

The Organization of Petroleum Exporting Countries' grip on the oil market has weakened significantly as the group now faces a glut of supply from non-OPEC producers, BP PLC's (BP) chief economist said Monday.

Gas Exporting Forum Ministers To Meet In Qatar Dec 9

Δευ, 21 Σεπτεμβρίου 2009 - 19:19

The ministers of the 15-member Gas Exporting Countries Forum will meet in Doha, Qatar, on Dec. 9, Iranian state-controlled Press TV reports on its Web site, citing Iran's representative to GECF Mohammad-Ali Khatibi.

Ukraine Fin Min:To Guarantee Naftogaz Debt,Sees 5Yr Extension

Δευ, 21 Σεπτεμβρίου 2009 - 19:18

Ukraine's Ministry of Finance said Monday that the government has asked it to provide an absolute sovereign guarantee to the restructured foreign debt of state-run energy company Naftogaz.

Eni Sees Livorno Refinery Returning To Normal Ops By Wed

Δευ, 21 Σεπτεμβρίου 2009 - 19:15

Eni SpA (E) said Monday its Livorno refinery has restarted operations after industrial action at the Tuscan facility ended and that it expects output returning to normal capacity by Wednesday.

Total, GDF SUEZ, and Photovoltech Join IMEC's Silicon Solar Cell Research Program

Δευ, 21 Σεπτεμβρίου 2009 - 19:14

The two major energy companies Total (Paris:FP) (LSE:TTA) (NYSE:TOT) and GDF SUEZ and their common solar cells manufacturing subsidiary Photovoltech join the IMEC industrial affiliation program (IIAP) on next generations of crystalline silicon solar cells. The multi-partner R&D program concentrates on sharply reducing the silicon use, whilst at the same time increasing the efficiency of solar cells. This will substantially lower the cost for solar energy.

EdF Eyes Sale Of 20% Stake In British Energy

Δευ, 21 Σεπτεμβρίου 2009 - 19:12

Electricite de France S.A. (EDF.FR) may sell a 20% stake in British Energy, the nuclear power station operator, after the sale last May of a 20% stake to Centrica PLC (CNA.LN), according to La Tribune on Monday, without citing specific sources.

The 24th European Photovoltaic Solar Energy Conference and Exhibition Οpens Τoday its Doors in Hamburg

Δευ, 21 Σεπτεμβρίου 2009 - 15:17

The 24th European Photovoltaic Solar Energy Conference and Exhibition opens today, 21 September 2009, its Doors in Hamburg, Germany. 943 Exhibitors on 65,000 sqm. 1,300 Plenary, Oral and Poster Presentations. 40,000 Visitors from more than 100 Countries are expected.