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EU Shies Away From Legislation on Shale Gas

EU Shies Away From Legislation on Shale Gas

Τετ, 22 Ιανουαρίου 2014 - 17:56

Britainscored a victory Wednesday, when the European Commission shied away from earlier plans to put forward legislation on the exploration of shale gas.

European Commission: The 2030 Climate and Energy Goals

European Commission: The 2030 Climate and Energy Goals

Τετ, 22 Ιανουαρίου 2014 - 14:49

A reduction in greenhouse gas (GHG) emissions by 40% below the 1990 level, an EU-wide binding target for renewable energy of at least 27%, renewed ambitions for energy efficiency policies, a new governance system and a set of new indicators to ensure a competitive and secure energy system. These are the pillars of the new EU framework on climate and energy for 2030 presented today by the European Commission.

New CEO Appointed at Mini Maritsa Iztok Coal Mines

New CEO Appointed at Mini Maritsa Iztok Coal Mines

Τρι, 21 Ιανουαρίου 2014 - 18:42

The board of state-owned Bulgarian Energy Holding (BEH) has appointed Georgi Zlatev as the executive director of the Mini Maritsa Iztok coal mines, the Bulgarian national radio reported.

GDF Suez Looks Further Away From Europe

GDF Suez Looks Further Away From Europe

Τρι, 21 Ιανουαρίου 2014 - 18:41

Utility GDF Suez SA's (GSZ.FR) sees its prospects in Europe limited by a lingering economic crisis and competition from heavily subsidized renewable sources, its chairman and chief executive Gerard Mestrallet said Tuesday.

New York Natural-Gas Prices Post Record on Cold Snap

New York Natural-Gas Prices Post Record on Cold Snap

Τρι, 21 Ιανουαρίου 2014 - 18:40

The price of natural gas delivered to New York City climbed to an all-time high on Tuesday as a winter snow storm brought freezing temperatures to the Northeast.

Iran Asks Foreign Oil Companies for Views on Contracts

Iran Asks Foreign Oil Companies for Views on Contracts

Δευ, 20 Ιανουαρίου 2014 - 18:20

Iran is soliciting views from foreign oil companies on how the country may structure new oil contracts to ease cost-recovery and allow booking of reserves, a senior Iranian oil official said.

Areva, Gamesa to Create Wind Power Joint Venture

Areva, Gamesa to Create Wind Power Joint Venture

Δευ, 20 Ιανουαρίου 2014 - 18:20

French energy and nuclear engineering firm Areva SA (AREVA.FR) and Spain's Gamesa Corporacion Tecnologica SA (GAM.MC) are to announce Monday the creation of a joint venture specialized in offshore wind power, French business daily Le Figaro reports, without citing sources.

Iran to Halt 20% Enriched Uranium by Noon Monday

Iran to Halt 20% Enriched Uranium by Noon Monday

Δευ, 20 Ιανουαρίου 2014 - 18:19

Iran's nuclear chief Ali Akbar Salehi said the Islamic republic would halt production of 20% enriched uranium by noon (0830 GMT) on Monday, the official IRNA news agency reported.

Shell Sells Australian Assets for $1.14 Billion

Shell Sells Australian Assets for $1.14 Billion

Δευ, 20 Ιανουαρίου 2014 - 18:19

Royal Dutch Shell PLC said Monday it is selling its stake in an Australian natural-gas project, the oil company's first disposal since it issued a rare profit warning last week.

Pakistan in Talks to Acquire 3 Nuclear Plants From China

Pakistan in Talks to Acquire 3 Nuclear Plants From China

Δευ, 20 Ιανουαρίου 2014 - 18:18

Pakistan is in talks with China to acquire three large nuclear power plants for some $13 billion, Pakistani officials said, in a further blow to international efforts to restrict the trade in nuclear technology.

Bulgaria Gets 34.6 mln euro in KIDSF Grants for Energy Projects

Bulgaria Gets 34.6 mln euro in KIDSF Grants for Energy Projects

Δευ, 20 Ιανουαρίου 2014 - 13:45

The Bulgarian energy ministry said on Friday it has signed four agreements with the donors of the Kozloduy International Decommissioning Support Fund (KIDSF) for grants totaling 34.6 million euro ($47 million) earmarked mainly for energy efficiency projects.

Japan to Start Releasing LNG Spot Price Data in May to Create Asian Benchmark

Japan to Start Releasing LNG Spot Price Data in May to Create Asian Benchmark

Παρ, 17 Ιανουαρίου 2014 - 18:03

Japan is preparing the ground for the launch of the world's first futures contract for liquefied natural gas with two moves slated for May: the establishment of a spot LNG reference price and a joint venture with a Singapore firm to start an over-the-counter market for LNG derivatives.