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Gazprom Sees No Delays To Nord Stream Construction - Report

Gazprom Sees No Delays To Nord Stream Construction - Report

Russian gas monopoly OAO Gazprom isn't expecting any changes to the construction of the Nord Stream gas pipeline project between Russia and Germany, Interfax news agency reported Monday, citing Chief Executive Alexei Miller.

Athens under Pressure from US and Russia over Energy

Athens under Pressure from US and Russia over Energy

Greece is trying to reconcile its political and defense commitments to the USA with the cooperation it is pursuing with Russia in the energy sector. It is no easy task, as it is being brought up against the often conflicting interests between West and East which, at the dawn of the 21st century, are largely focused on energy.

EU Denies Double Counting Of CO2 Credits Reports

EU Denies Double Counting Of CO2 Credits Reports

The European Commission Friday denied reports that some carbon credits had been used twice to cover carbon dioxide emissions under the E.U. emissions trading scheme.

CEZ Proposed Building Carbon Capture And Storage Plant

CEZ Proposed Building Carbon Capture And Storage Plant

CEZ AS , the Czech electricity utility with operations across central and eastern Europe, said Friday it proposed that the Czech state use proceeds from the sale of surplus emissions credits to finance a carbon capture and storage, or CCS, facility.

Experts, Greens Warn EU Against Bulgarian Nuclear Plant - AFP

Experts, Greens Warn EU Against Bulgarian Nuclear Plant - AFP

A Bulgarian nuclear expert and environmental groups urged the European Commission Friday not to approve the construction of the Belene atomic plant in Bulgaria, warning the site was in a seismic zone

Russias Yamal Gas Development to Last Over 50 Years

Russia's Yamal Gas Development to Last Over 50 Years

The development of the oil and gas fields in Russia's Yamal Peninsula and the neighboring Kara Sea will last over 50 years and cost several hundreds billion dollars, a Dutch natural gas trading company said in a presentation.

Breezy Valuations For Wind Assets

Breezy Valuations For Wind Assets

It's not easy to second-guess politicians' moods. But that's what you have to do to value wind-energy assets which are being priced as if there was absolute certainty regarding future environmental policy.

Russias South Stream Gas Supplies To Begin In 2013 -Report

Russia's South Stream Gas Supplies To Begin In 2013 -Report

Gas supplies under the project South Stream will begin in 2013, Itar-Tass reported Friday. The decision was made during a working meeting of OAO Gazprom chief of the board of governors Alexei Miller and the chief of ENI SpA concern, Paolo Scaroni on Friday.

Imperial Holds Gazprom Cooperation Talks Post Bid Rejected-FT

Imperial Holds Gazprom Cooperation Talks Post Bid Rejected-FT

Imperial Energy Corp. PLC is already holding discussions with Russian gas monopoly OAO Gazprom to find other ways to cooperate after it rejected an offer by the banking arm of Gazprom to acquire a 25% stake in the company, The Financial Times reports citing a source close to the U.K. firm.

IEAs Birol:Oil Becoming Political Weapon Is Dangerous-Report

IEA's Birol:Oil Becoming Political Weapon Is Dangerous-Report

Crude oil and natural gas are increasingly becoming tools for political pressure for producing countries, said Fatih Birol, chief economist of the International Energy Agency, in an interview published Friday in Germany daily Die Welt.

Italian Watchdogs Start Fact-finding Probe In Gas Storage

Italian Watchdogs Start Fact-finding Probe In Gas Storage

Italy's energy regulator and the antitrust watchdog late Thursday said they have started a fact-finding investigation into the country's natural gas storage to determine if there are obstacles to new capacity.

Homeowners are Urged to Switch over to ‘Green’ Light Bulbs and See the Difference

Homeowners are Urged to Switch over to ‘Green’ Light Bulbs and See the Difference

Lighting is one of the least energy-efficient practices in the home, with a mere 10 percent of energy used providing actual light, the remainder providing unwanted, unnecessary heat. One of the three main greenhouse gases, carbon dioxide (CO2) is emitted whenever a light is turned on. And given that lighting generally accounts for about a 10th of a homeowner’s energy bill, lighting is one of the least environmentally sound aspects of modern living.

Turkey Approves Petkim Sale

Turkey Approves Petkim Sale

Turkey’s privatization board said yesterday that it approved the sale of a 51 percent stake in the state-run petrochemicals company Petkim to the second-highest bidder.