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Gulf States Warn of Steps Against Lebanons Hezbollah

Gulf States Warn of Steps Against Lebanon's Hezbollah

Δευ, 3 Ιουνίου 2013 - 17:30

Arab states of the Gulf could take measures against the Lebanese Shiite movement Hezbollah, openly involved in the Syrian conflict, the head of their six-member bloc said on Sunday.

Libya to Take Steps to Tighten Security in South

Libya to Take Steps to Tighten Security in South

Δευ, 3 Ιουνίου 2013 - 17:29

Libya announced measures Sunday to tighten security in the south of the country and along its southern borders, after charges from its neighbors that the area has become a source of regional instability.

E.ON Confirms Deal to Import LNG from Canada

E.ON Confirms Deal to Import LNG from Canada

Δευ, 3 Ιουνίου 2013 - 17:29

German utility E.ON SE (EOAN.XE) confirmed Monday it has reached an agreement with Canada's Pieridae Energy involving the delivery of liquefied natural gas, or LNG, from Canada, after The Wall Street Journal and other media agencies reported on the deal.

Greek PPC Renewables Q1 Net Profit Decreases

Greek PPC Renewables' Q1 Net Profit Decreases

Δευ, 3 Ιουνίου 2013 - 12:32

Greek clean energy firm PPC Renewables SA has experienced a drop in first quarter net profit to EUR 400,000 (USD 521,000) from EUR 900,000 a year earlier, its parent, Public Power Corp (ATH:PPC), said yesterday.

Eni Sells 6.7% of Galp for EUR677.6M

Eni Sells 6.7% of Galp for EUR677.6M

Παρ, 31 Μαΐου 2013 - 17:51

Italian energy giant Eni SpA (ENI.MI) Friday said it had sold 6.7% of smaller Portuguese peer Galp Energia SGPS SA (GALP.LB) for 677.6 million euros ($883.1 million).

South Korea Outlines Energy-Saving Measures After Reactor Shutdown

South Korea Outlines Energy-Saving Measures After Reactor Shutdown

Παρ, 31 Μαΐου 2013 - 17:51

It will be a hotter-than-average summer in South Korean offices this summer if companies comply with energy-saving measures the government is implementing to avert power disruptions following the sudden shutdown of two nuclear reactors this week after it was ascertained that they were operating with fabricated certificates for some components.

Gazprom Exec: May Delay Shtokman for A Future Generation

Gazprom Exec: May Delay Shtokman for A Future Generation

Παρ, 31 Μαΐου 2013 - 17:51

OAO Gazprom (GAZP.RS) could delay the development of its flagship Shtokman gas field in the Artic for "a future generation," a deputy chairman of the state gas giant's board was quoted as saying Friday.

Oil Market Shrugs Off OPEC Output Decision

Oil Market Shrugs Off OPEC Output Decision

Παρ, 31 Μαΐου 2013 - 17:50

OPEC's decision Friday to retain its production ceiling of 30 million barrels a day came as no surprise to the oil markets, with the lack of movement having been heavily flagged in the runup to the producer group's meeting.

EU΄s Oettinger: Nuclear Power Part of Bloc Future Energy Mix

EU΄s Oettinger: Nuclear Power Part of Bloc Future Energy Mix

Πεμ, 30 Μαΐου 2013 - 19:47

European Commissioner for Energy, Gunther Oettinger, Thursday said the European Union's goals to reduce carbon dioxide emissions and combat climate change can only be reached with an energy mix including nuclear power. "Without a doubt nuclear energy belongs to the [mix]," Mr. Oettinger said. "In coming years reaching [climate] goals can't be done without nuclear power."

MOL Completes First Phase of Romanian Fuel Terminal

MOL Completes First Phase of Romanian Fuel Terminal

Πεμ, 30 Μαΐου 2013 - 19:45

Hungary-based oil and gas firm MOL Nyrt. (MOL.BU) has completed the first phase of a new fuel terminal next to the River Danube in Giurgiu, southern Romania, the company said in a statement Thursday. MOL is investing 10 million euros ($13 million) in the project, which will have a total storage capacity of 7,000 cubic meters when it is completed. MOL didn't say when that would be