English Edition

EU Approves Allocation of EUR405M Worth of Free Greenhouse Gas Emission Allowances for Poland

Τετ, 22 Ιανουαρίου 2014 - 17:59

The European Commission Wednesday approvedPoland's plan to allocate free of charge 404.6 million carbon emission allowances to the country's coal-reliant electricity sector.

Oil Tanker Suspected Hijacked Off West Africa

Τετ, 22 Ιανουαρίου 2014 - 17:58

An oil tanker that has disappeared off the coast ofWest Africamay have been hijacked by pirates, potentially marking the most southerly such attack to date in increasingly dangerous waters off African oil hubs Nigeria and Angola.

China Reforms Hydro-Electricity Prices

Τετ, 22 Ιανουαρίου 2014 - 17:57

Chinaon Wednesday said it would reform the price that power-grid operators pay to hydropower plants for electricity to encourage investment in the industry.

Gazprom to Sign Gas Deal With China in May

Τετ, 22 Ιανουαρίου 2014 - 17:57

Russian state-owned gas major OAO Gazprom (GAZP.RS) has proposed a gas supply deal with China National Petroleum Corp. be signed in May when the Russian president Vladimir Putin visits China.

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

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

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

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.

China's Iraq Oil Imports Surge as Beijing Diversifies Crude Sources

Τρι, 21 Ιανουαρίου 2014 - 18:41

China is trimming dependence from some top oil suppliers such as Saudi Arabia in favor of Iraq and others, as greater availability of global oil helps Beijing diversify its sources of foreign crude.

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

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

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.