English Edition

UN Experts to Check CO2 System

Τρι, 9 Σεπτεμβρίου 2008 - 15:38

A group of seven United Nations experts arrived in Athens yesterday for a one-week visit aimed at assessing whether Greece is fit to re-enter a greenhouse emissions trading program from which it was suspended by the UN in April.

Turkey Moves to Diversify Gas Supply After Russia Tiff

Τρι, 9 Σεπτεμβρίου 2008 - 15:35

Turkey is seeking to diversify its natural gas imports as increased tensions with its main supplier Russia have raised fears of a shortage in winter. Moscow has established a reputation as a reliable supplier to Ankara by increasing gas supplies to Turkey when Iran cuts its exports to meet domestic demand, a near annual occurance.

Inflation Slows on Energy Prices

Τρι, 9 Σεπτεμβρίου 2008 - 15:30

August index decelerates with a further drop-off expected in the coming months, according to economists Greece’s headline inflation rate eased slightly in August, moving away from a 10-year high, due to falling energy prices, with a further slowdown on the cards in coming months, according to economists.

Metka Awarded Syrian Deal; Shares Jump

Τρι, 9 Σεπτεμβρίου 2008 - 15:25

Greece’s biggest builder of electricity plants Metka and Italy’s Ansaldo Energia have been chosen to build a 650-million-euro, 700-megawatt gas-fired power station in Syria. The news helped send Metka’s stock 8.42 percent higher yesterday to 13.14 euros versus a 4.17 percent rise on the Athens bourse’s benchmark general index.

Kazakhstan's New Extraction Tax Won't Apply To TCO, PSAs

Τρι, 9 Σεπτεμβρίου 2008 - 12:28

Kazakhstan's largest oil producer Chevron Corp.-led (CVX) TengizChevrOil and existing oil production ventures under production sharing agreements will be exempt from new natural resource extraction tax, the Kazakh Economy Minister was quoted by Kazakhstan Today news agency as saying Monday.

New EU-Russia Partnership Talks May Start In October

Τρι, 9 Σεπτεμβρίου 2008 - 12:27

Russia and the European Union could start negotiations on a new partnership talk as soon as October, said Monday French President Nicolas Sarkozy.

Ukraine's Place Is In EU, No Option But To Join

Τρι, 9 Σεπτεμβρίου 2008 - 12:25

Ukraine has no option but to join the European Union eventually, and the bloc should say so to help the country's leaders continue long-term reforms, Kiev's ambassador to Moscow said Monday.

Iran Nuclear Reactor Launch Irreversible By Feb

Τρι, 9 Σεπτεμβρίου 2008 - 12:23

The start-up of the first reactor at Iran's Bushehr nuclear plant will be "irreversible" by February next year, a senior Russian nuclear official was quoted by ITAR-Tass news agency as saying Monday.

Some In OPEC See Need For Quota Adherence

Τρι, 9 Σεπτεμβρίου 2008 - 12:22

Members of an OPEC advisory group generally agreed Monday night that OPEC needs to stick to its formal production quotas, Iran's OPEC governor Mohammad Ali Khatibi said Tuesday.

Serbia's Parliament Ratifies Energy Deal With Russia

Τρι, 9 Σεπτεμβρίου 2008 - 12:20

Serbia's parliament ratified an accord with Russia on investment in the Balkan country's oil and gas industry, by a vast majority on Tuesday.

Russia's Gazprom Guilty Of Pipe Access Violations

Τρι, 9 Σεπτεμβρίου 2008 - 12:19

Russia's Federal Antimonopoly Service has found natural gas giant OAO Gazprom (GAZP.RS) guilty of discriminating against gas trader Trans Nafta by hindering access to its gas pipelines, the antitrust agency said Monday, reported Prime-Tass

Russia Aims To Corner Energy Delivery Market

Τρι, 9 Σεπτεμβρίου 2008 - 12:17

Russia is trying to "corner" the energy market, a senior U.S. administration official said Monday as Vice President Dick Cheney held talks with Italian leaders following a tour of ex-Soviet republics.

Turkey Cancels Tender For Afsin-Elbistan Plant Units

Τρι, 9 Σεπτεμβρίου 2008 - 12:16

Turkish state-run electricity producer Elektrik Uretim AS, or EUAS canceled a tender in which two companies had bid for the rights of the construction and operation of the C and D units at the Afsin-Elbistan coal-fired power plant, according to Turkish daily newspaper Sabah, the Ihlas news agency, or IHA, reports Tuesday.