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Iran Presses For Cut in OPEC Production

Iran Presses For Cut in OPEC Production

Δευ, 13 Μαΐου 2013 - 18:02

Iran will press OPEC to agree a cut in production in order to raise global crude prices when it meets this month, a position that sets it in opposition to other delegates from the Persian Gulf region who don't believe such a move is necessary.

Bulgaria Reviews the Restrictions Placed on the Production of Renewable Energy

Bulgaria Reviews the Restrictions Placed on the Production of Renewable Energy

Δευ, 13 Μαΐου 2013 - 13:05

Caretaker Deputy Prime Minister Ekaterina Zaharieva has ordered Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, to demand an inspection whether the restrictions on the production of renewable energy imposed by the Electricity System Operator (ESO) are in line with Bulgarian and EU law.

New Feed-in Tariffs for Photovoltaics in Greece

New Feed-in Tariffs for Photovoltaics in Greece

Παρ, 10 Μαΐου 2013 - 17:46

The Greek Energy ministry announced today new tariffs for photovoltaics, which will be applied retroactively to p/v rooftop systems installed from February onwards. New tariffs apply to both mounted and rooftop systems after the 1st of June.

Arabs Ask U.S. to Lead on Syria

Arabs Ask U.S. to Lead on Syria

Παρ, 10 Μαΐου 2013 - 17:30

The U.S.'s closest Arab allies are pressing President Barack Obama to take the lead in bridging the Middle East's divisions over Syria, traveling to Washington to drive home their fears some of the region's leaders are strengthening radicals and prolonging President Bashar al-Assad's rule.

Romania January-March Power Output Down 7.7% On Year

Romania January-March Power Output Down 7.7% On Year

Παρ, 10 Μαΐου 2013 - 17:30

Romanian energy output decreased 7.7% on the year to 5.44 million tons of oil equivalent in the first quarter, hurt by falling production in the thermal and nuclear sectors, official data showed Friday, news agency Mediafax reports.

Eni CEO Expects Unrest to Remain in Post-Gadhafi Libya

Eni CEO Expects Unrest to Remain in Post-Gadhafi Libya

Παρ, 10 Μαΐου 2013 - 17:29

Eni SpA (E), Italy's biggest energy company by market value, expects unrest to remain in hydrocarbon-rich Libya following the civil war that ousted Col. Muammar Gadhafi in 2011, said Chief Executive Paolo Scaroni Friday, adding he's optimistic that eventually the situation will improve as the North African country embraces democracy.

Eni CEO Open to Looking at Saipem Exit But Not in a Hurry

Eni CEO Open to Looking at Saipem Exit But Not in a Hurry

Παρ, 10 Μαΐου 2013 - 17:29

Eni SpA (E) Chief Executive Paolo Scaroni Friday said Italy's biggest energy company by market value is open to assessing its options regarding its controlling stake in oil services company Saipem SpA (SPM.MI), which is being investigated for possible corruption in Algeria, but he ruled out buying out Saipem's minority shareholders and added that he is in no hurry.

Shale Gas Could Curb Gazprom Prices - EU Commissioner

Shale Gas Could Curb Gazprom Prices - EU Commissioner

Παρ, 10 Μαΐου 2013 - 17:29

The development of shale gas in Europe could help the continent obtain better deals from its current key supplier, the Russian giant Gazprom, E.U. Energy Commissioner Guenther Oettinger said on Friday.

Pioneer of Cheaper Solar Cells Jörg Horzel Nominated for 2013 European Inventor Award

Pioneer of Cheaper Solar Cells Jörg Horzel Nominated for 2013 European Inventor Award

Παρ, 10 Μαΐου 2013 - 15:29

Only two decades ago, energy generation from sunlight was too costly and inefficient to compete with conventional sources. The industry took a big step towards becoming a viable alternative with the invention of a simplified method for producing selective-emitter solar cells by German scientist Jörg Horzel, patented in 2004.

Nigeria Says Trans-Saharan Gas Pipeline Project Under Review

Nigeria Says Trans-Saharan Gas Pipeline Project Under Review

Πεμ, 9 Μαΐου 2013 - 17:53

The Trans-Saharan Gas Pipeline project is now under review to determine its viability due to recent developments in the global natural gas industry and the collapse of gas prices, Nigerian President Goodluck Jonathan said Wednesday.