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Nuclear Plant Cancellation

Nuclear Plant Cancellation

Τρι, 4 Αυγούστου 2009 - 16:25

Bulgaria may cancel construction of a 4-billion-euro ($5.5 billion) nuclear power station and sell shares in its state-run energy utilities to plug a widening deficit, according to Deputy Prime Minister Simeon Djankov. Djankov, 39, a former chief economist at the World Bank, is also finance minister in the government of Prime Minister Boyko Borisov, who took office July 27

Bulgaria Will Review Energy Projects

Bulgaria Will Review Energy Projects

Δευ, 3 Αυγούστου 2009 - 18:11

Bulgaria's new Economy, Energy and Tourism Minister said Monday that he will review the justification for big energy projects because of the economic crisis.

Russias Jan-Jul Natural Gas Output Down 20.2% On Yr

Russia's Jan-Jul Natural Gas Output Down 20.2% On Yr

Δευ, 3 Αυγούστου 2009 - 18:09

Russia's natural gas production fell 20.2% in the first seven months of the year to 315.933 billion cubic meters, including 41.418 billion cubic meters in July, the news agency Interfax reported Monday, citing Ministry of Industry and Energy statistics.

Iran OPEC Head: Oil Will Hit $80/Bbl By End Of Year

Iran OPEC Head: Oil Will Hit $80/Bbl By End Of Year

Δευ, 3 Αυγούστου 2009 - 18:02

Iran's OPEC governor Mohammad Ali Khatibi has predicted that oil prices will touch $80 a barrel by the end of this year, amid signs of a recovery in the world economy, Press TV reported Monday on its Web site.

Total, Eni Expect To Raise Energy Output

Total, Eni Expect To Raise Energy Output

Δευ, 3 Αυγούστου 2009 - 18:00

European oil companies Total SA and Eni SpA on Friday posted declines in second-quarter profit as output fell, but said they expect to boost their production during the second half of the year.

German Min: RWE Emsland Nuclear Plant Ready For Restart

German Min: RWE Emsland Nuclear Plant Ready For Restart

Παρ, 31 Ιουλίου 2009 - 18:56

RWE AG's (RWE.XE) Emsland nuclear power plant is ready for restart after a glitch triggered an automatic shut down of the 1.3 gigawatt reactor July 24, the Environment Ministry of the German state of Lower Saxony, where the facility is located, said Friday.

Russian Energy Min To Visit Iraq For Oil Deal Talks

Russian Energy Min To Visit Iraq For Oil Deal Talks

Παρ, 31 Ιουλίου 2009 - 18:50

Russian Energy Minister Sergey Shmatko will travel to Iraq in August to discuss oil contracts signed under Saddam Hussein's leadership, the Interfax news agency reported Friday.

Total, Eni Post 2Q Earnings Declines As Output Falls

Total, Eni Post 2Q Earnings Declines As Output Falls

Παρ, 31 Ιουλίου 2009 - 18:49

European oil companies Total SA (TOT) and Eni SpA (E) Friday posted declines in second-quarter profit as output fell, but said they expect to boost their production in the second half of the year.

S Korea Min To Visit Russia Aug To Discuss Gas Imports

S Korea Min To Visit Russia Aug To Discuss Gas Imports

Παρ, 31 Ιουλίου 2009 - 18:48

South Korea's energy minister will visit Russia in August to discuss details of planned imports of Russian natural gas, the Maeil Business Newspaper reported Friday, citing the ministry and unidentified industry officials.

Belene NPP Project Should Be Frozen

Belene NPP Project Should Be Frozen

Παρ, 31 Ιουλίου 2009 - 09:28

The new Chair of the Parliamentary Committee on Economy, Energy, and Tourism, has called for Bulgaria's second nuclear power plant project at Belene to be frozen. Dimitrov, one of the leaders of the rightist Blue Coalition, and leader of the United Democratic Forces (UDF), stated Thursday that the state should not have to support the Belene NPP project and that instead they should find private investors.

Russia Min: May Return To Question Of Gas Tax Hikes

Russia Min: May Return To Question Of Gas Tax Hikes

Πεμ, 30 Ιουλίου 2009 - 18:28

Russia's government may return to the issue of raising taxes and export duties on natural gas next year, if proposals by state gas firm OAO Gazprom (GAZP.RS) don't generate the expected revenue, the Interfax news agency reported Thursday citing Russian Finance Minister Alexei Kudrin.