1. English Edition

English Edition

Iberdrola 2Q Net Profit Up 15% On Lower Costs

Iberdrola 2Q Net Profit Up 15% On Lower Costs

Τετ, 24 Ιουλίου 2013 - 18:38

Iberdrola SA (IBE.MC) Wednesday reported a 14.6% rise in second-quarter net profit compared with the same quarter a year ago, bolstered by lower operating and financing costs.

Natural-Gas Demand Slips in Japan, Worlds No. 1 Importer

Natural-Gas Demand Slips in Japan, World's No. 1 Importer

Τετ, 24 Ιουλίου 2013 - 18:37

Japan's demand for imported natural gas, which ballooned after the 2011 Fukushima Daiichi nuclear disaster, is falling-- and may deflate a lot further if the government succeeds in getting dozens of idled nuclear reactors restarted.

Alstom Awarded EUR100M Contract With Norways Statkraft

Alstom Awarded EUR100M Contract With Norway's Statkraft

Τετ, 24 Ιουλίου 2013 - 18:36

Alstom SA (ALO.FR) Wednesday said that it was awarded a contract worth around 100 million euros ($132.14 million) by Norway's Statkraft AS, Europe's largest producer of renewable energy to supply six Francis turbine-generator units and auxiliaries to its subsidiary in Albania, Devoll Hydropower Sh.A (DHP), a project company in charge of the construction of new hydropower plants on the Devoll river, in southern Albania.

Brent Regains Premium as US Crude Recedes

Brent Regains Premium as US Crude Recedes

Τρι, 23 Ιουλίου 2013 - 19:01

The price of U.S. WTI crude futures, which lifted briefly above North Sea Brent crude Monday, dropped back Tuesday on short-term profit-taking.

Iraq Resumes Kirkuk Crude Oil Exports - Shipper

Iraq Resumes Kirkuk Crude Oil Exports - Shipper

Τρι, 23 Ιουλίου 2013 - 19:01

Iraq has resumed crude oil exports from northern Kirkuk oil field to the Mediterranean port of Ceyhan in Turkey after a suspension that lasted a day, a Middle East shipping agent said Tuesday.

Greece Hikes Renewable Power Levies in Consumer Bills

Greece Hikes Renewable Power Levies in Consumer Bills

Τρι, 23 Ιουλίου 2013 - 13:35

The Greek Regulatory Authority for Energy (RAE) on Saturday said it had boosted the levy for power generation from renewables by EUR 54 (USD 71) for each household per year.

Iraq To Buy 850 Million Cubic Feet A Day Iranian Gas

Iraq To Buy 850 Million Cubic Feet A Day Iranian Gas

Δευ, 22 Ιουλίου 2013 - 17:27

Iraq has signed a deal with its former Gulf War foe Iran to import Iranian natural gas to feed its power plants near Baghdad in a step aimed at easing the country's electricity shortages, an Iraqi government spokesman said Monday.

Royal Dutch Shell To Increase Production in Brazil

Royal Dutch Shell To Increase Production in Brazil

Δευ, 22 Ιουλίου 2013 - 17:27

Royal Dutch Shell PLC (RDSA.LN) said Monday that it and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas, BC-10, and the Bijupirá/Salema fields in Brazil.

Radioactive Water Leaked Into Sea at Fukushima -Tepco

Radioactive Water Leaked Into Sea at Fukushima -Tepco

Δευ, 22 Ιουλίου 2013 - 17:27

The operator of the crippled Fukushima nuclear plant Monday admitted for the first time that radioactive groundwater has leaked out to sea, fuelling fears of ocean contamination.

Iraq Northern Oil Exports On Hold Since Sunday - Shipper

Iraq Northern Oil Exports On Hold Since Sunday - Shipper

Δευ, 22 Ιουλίου 2013 - 17:26

Iraq's crude oil exports from northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey has been on hold since Sunday. The flow was briefly resumed last week after a suspension that lasted for more than three weeks, a Middle East shipping agent said Monday.

RWE Eyes More Savings to Mitigate Pressure on Power Generation

RWE Eyes More Savings to Mitigate Pressure on Power Generation

Δευ, 22 Ιουλίου 2013 - 17:26

German utility RWE AG (RWE.XE) plans to step up its cost-cutting efforts by "several hundred millions of euros" to mitigate an expected sharp decline in earnings from its fleet of conventional power plants, a person familiar with the matter said Monday.