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Abu Dhabi Borouge To Study Phase 3 Petchem Plant Expansion

Δευ, 7 Απριλίου 2008 - 04:25

Abu Dhabi Polymers Co., or Borouge, a joint venture between Abu Dhabi National Oil Co. and Vienna-based Borealis, Monday said it launched a study to determine the feasibility of a third expansion of its petrochemicals complex in the U.A.E.'s largest emirate.

Syria To Get 50M Cubic Feet/Gas A Day From Iraq-Syria Oil Min

Δευ, 7 Απριλίου 2008 - 04:21

Syrian Oil Minister Sufian al-Alao said Monday Syria and Iraq have signed a deal under which Syria will buy 50 million cubic feet a day of gas from Iraq.

Verbund in Turkey

Παρ, 4 Απριλίου 2008 - 04:28

Austria’s leading electricity company Verbund announced yesterday the construction by its Turkish joint venture of a 920-megawatt gas-fired power plant in northeastern Turkey by 2010.

Athens Heat Problem: Overlapping Authorities are Big Obstacle to Solution

Παρ, 4 Απριλίου 2008 - 04:23

In the summer of 2003, the hottest on record since 1757, temperatures rose to 45 degrees Celsius and thousands of people died in France and Italy. In 2005, summer temperatures in Greece were 8 degrees Celsius above average. In Cyprus, measures have just been taken to reduce water consumption down to 30 percent.

Gazprom In Talks To Gain Control Over TNK-BP

Παρ, 4 Απριλίου 2008 - 04:05

Russia's OAO Gazprom (GAZP.RS) is in talks with TNK-BP (TNBP.RS), half owned by U.K. oil major BP PLC (BP), to gain a 51% stake in the joint venture, the RBK Daily said Friday, citing two unnamed sources.

Yukos Paid RUB90 Billion Too Much In Taxes

Παρ, 4 Απριλίου 2008 - 04:04

Now-bankrupt oil major OAO Yukos, formerly Russia's largest oil producer, has paid 90 billion rubles ($3.8 billion) too much in taxes, a Moscow court said, the Vedomosti daily reported Friday.

La Caixa Seeks Govt OK Of GasNat-Iberdrola Tie-Up

Παρ, 4 Απριλίου 2008 - 04:02

La Caixa, Spain's largest savings bank by assets and the controlling shareholder of Gas Natural SDG SA (GAS.MC), is looking for government support for a tie-up between the Spanish natural gas distributor and Iberdrola SA (IBE.MC), ABC daily reports Friday, citing people close to the situation.

British Energy Shares Surge On Possible EdF Bid Plan

Παρ, 4 Απριλίου 2008 - 04:00

British Energy Group PLC (BGY.LN) shares traded up about 6% early Friday following a press report that Electricite de France SA's (1024251.FR) board has given the green light for the French electricity giant to launch a takeover bid for the U.K. utility.

EdF Appealing Bilbao Court Ruling On Iberdrola

Παρ, 4 Απριλίου 2008 - 03:58

Power utility Electricite de France SA (1024251.FR), which has said it wants to expand into Spain, said Friday it is appealing a Bilbao court ruling asking it to clarify its intentions concerning Spanish peer Iberdrola (IBE.MC).

Areva Not Approached By Duvals To Break Eramet Hldrs' Pact

Παρ, 4 Απριλίου 2008 - 03:56

French nuclear company Areva (CEI.FR) Friday said it hadn't been approached by mining company Eramet SA's (ERA.FR) largest shareholder, the Duval family, to break the shareholders' pact.

Blast At Lukoil Chemical Plant Kills Three, Halts Production

Παρ, 4 Απριλίου 2008 - 03:55

Russia's second largest oil producer, OAO Lukoil (LKOH.RS), said Friday a blast at its Stavrolen chemical plant in Southern Russia killed three workers and injured another three.

PPC Sets Halyvourgiki Deal, No Decision Regarding RWE

Παρ, 4 Απριλίου 2008 - 03:48

The Public Power Corporation (PPC) said yesterday its board had approved an energy cooperation deal with steel producer Halyvourgiki to boost capacity, but did not discuss a proposed deal with Germany’s RWE.

Clean Energy from Water and the Sun

Παρ, 4 Απριλίου 2008 - 03:42

“The hydrogen produced can be channeled into a fuel cell to produce energy or to a combustion point. The hydrogen can also be stored, solving the problem of storing and transporting solar energy. Secondly, the reactor can be used to recycle carbon dioxide. The hydrogen, together with carbon dioxide, can produce new fuel (such as methane). So a reactor like this can be set up alongside units producing CO2.