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Berlusconi South Stream deal claim exaggerated, Turkey says

Πεμ, 13 Αυγούστου 2009 - 12:23

Italian Prime Minister Silvio Berlusconi’s claim to have sealed this week’s Russian-Turkish energy deal was exaggerated and surprised the Turkish government, a senior government source told Reuters yesterday.

Eni Says It Has Signed Exploration Deal With Congo

Τετ, 12 Αυγούστου 2009 - 17:25

Eni SpA (E) said Wednesday it has signed an exploration deal with the Congo in a move to further strengthen its operations in the African country.

UK Jobless Hits 14-Year High And Sets Recovery Agenda

Τετ, 12 Αυγούστου 2009 - 17:23

More evidence of rising unemployment, particularly among young people, has highlighted the next economic challenge facing U.K. policy makers going into next year's election.

E.ON Raises 2009 Guidance, Confirms Thuega Sale

Τετ, 12 Αυγούστου 2009 - 17:21

E.ON AG (EOAN.XE) Wednesday said profits wouldn't fall in 2009 by as much as it had feared, and confirmed it will sell its Thuega unit by the end of the year.

Gas Natural To Install 52.7MW Wind Capacity In Canary Islands

Τετ, 12 Αυγούστου 2009 - 17:16

Spanish energy company Gas Natural SDG SA (GAS.MC) Wednesday said it has won bids to install 52.7 megawatts in new wind power capacity in 11 wind parks across the Canary Islands.

NKorea Official, In Rare Interview, Defends Nuclear Weapons

Τετ, 12 Αυγούστου 2009 - 17:13

A North Korean official Wednesday insisted that his country's communist regime needed to develop nuclear weapons to defend itself against a U.S. nuclear threat, Kyodo News reported.

Power station progress will help meet demand

Τετ, 12 Αυγούστου 2009 - 11:30

Development Minister Costis Hatzidakis (far left) visited the offices of power grid operator DESMIE yesterday. Demand for power consumption so far this summer has peaked at 9,870 megawatts. Construction plans for two new power plants in central and southern Greece are moving ahead as the government scrambles to meet an expected rise in electricity demand in coming years by adding energy production units.

BP Enters Biofuels Joint Devt Pact With Martek Biosciences

Τρι, 11 Αυγούστου 2009 - 15:04

BP (BP.LN) and Martek Biosciences Corporation, Tuesday announced the signing of a joint development agreement, or JDA, to work on the production of microbial oils for biofuels applications. The partnership combines a broad technology platform and operational capabilities to advance the development of a step-change technology for the conversion of sugars into biodiesel.

OPEC July Output Up 4th Straight Month On Saudi Rise

Τρι, 11 Αυγούστου 2009 - 15:01

The Organization of Petroleum Exporting Countries Tuesday said its members' oil production increased for a fourth straight month in July above the group's production target.

Positive OECD Momentum To Boost Oil -Goldman

Τρι, 11 Αυγούστου 2009 - 14:58

Recent "positive surprises" in OECD data - US ISM, European PMI, US employment - is likely the beginning of good news coming on stream for the oil market from the OECD, say analysts at Goldman Sachs.

Ukraine Gas Issue Highlights Russia Risk - Alfa

Τρι, 11 Αυγούστου 2009 - 14:52

The strained relationship between Ukraine and Russia over gas is unlikely to be fully resolved any time soon, says Alfa, following news Ukraine plans to lower its Russian gas imports by one-third next year.

Nigerian Army:Shell Nigeria Gas Pipe Attacked By Locals

Τρι, 11 Αυγούστου 2009 - 14:49

A natural gas pipeline serving a plant operated by Royal Dutch Shell PLC (RDSB.LN) has been attacked by locals in the Niger Delta, the Nigerian army said Tuesday, underscoring the risk of violence flaring up again in the region despite a ceasefire.

US Energy Secy: Oil Imports Could be Replaced By Alternatives

Τρι, 11 Αυγούστου 2009 - 14:41

U.S. Energy Secretary Steven Chu said Monday the U.S. could "offload our total dependence on foreign oil" by using cars that rely on a next-generation of biofuels and turning to electric vehicles.

Germany REpower: Wins Wind Turbine Supply Deal For EDF UK Proj

Παρ, 7 Αυγούστου 2009 - 16:41

German wind turbine manufacturer REpower AG Systems AG (RPW.XE) said Friday it has won a contract to supply, install and service onshore wind turbines for EDF Energy Renewables' first U.K. wind farm.

RWE Says Continues To Pursuing Bulgaria Nuclear Project Belene

Παρ, 7 Αυγούστου 2009 - 16:36

German utility RWE AG (RWE.XE) is still pursuing a project for the construction of a nuclear power plant in Bulgaria, a company spokesman said Friday, following a report earlier in the day that said the project is on the brink of failing due to lack of financing.

California CO2-Capture Project Aims High

Παρ, 7 Αυγούστου 2009 - 16:30

The developers of a proposed $2 billion power-plant project in California that would capture and store carbon-dioxide emissions hope to succeed where the U.S. government has, so far, failed.