English Edition

Hellenic Petroleum Selling Debut Bond

Τρι, 30 Απριλίου 2013 - 12:17

Hellenic Petroleum SA increased the size of its debut bond while Greek refrigerator equipment supplier Frigoglass SA is also planning its first note sale, as investors seeking riskier assets boost demand for securities from Europe’s most indebted nation.

Syria Rebel Victory Would Threaten Region -Iran

Δευ, 29 Απριλίου 2013 - 17:19

President Mahmoud Ahmadinejad on Sunday reiterated Iran's staunch support for Damascus, insisting that a rebel victory in Syria would threaten the entire region, his office's website said.

Chinese Electric-Bus Maker Turns to U.S. for Growth

Δευ, 29 Απριλίου 2013 - 17:18

A Chinese car maker is setting up shop in the U.S., with small ambitions but a clear goal: Get the federal government to subsidize the sales of the company's American-made electric buses.

EU Launches Anti-Subsidy Case Against China Over Solar Energy Policy

Δευ, 29 Απριλίου 2013 - 17:18

The European Commission has launched an anti-subsidy procedure against China for its solar energy policy, German daily Saechische Zeitung reported Monday, citing the commission's official register. The result could be punitive tariffs, the newspaper said.

Iraq Offers 3-Month Credit for Egypt Oil Deal

Δευ, 29 Απριλίου 2013 - 17:18

OPEC member Iraq has agreed in principle to offer cash-strapped Egypt 4 million barrels of crude a month on a three-month credit term, in a move that could ease the fuel shortage that has recently hit the Egyptian economy, officials from the two countries said Monday.

French Nuclear Watchdog Lets EDF Keep Reactor Operational During Upgrade

Δευ, 29 Απριλίου 2013 - 17:17

French power utility Electricite de France SA (EDF.FR) can keep operating the second nuclear reactor at Fessenheim power plant while it carries out additional security and safety works to the reactor, said the country's nuclear watchdog Monday.

Putin: Gazprom Ready to Invest in Regasification Plant, Pipelines in Japan

Δευ, 29 Απριλίου 2013 - 17:17

Russian gas giant OAO Gazprom (GAZP.RS) is prepared to invest in a regasification plant and pipelines in Japan as part of increased energy cooperation between the countries, Russian President Vladimir Putin said at a press conference with Japan's prime minister Monday.

Sofia Picks Greek Tie-up To Build Waste-to-Biofuel Plant

Δευ, 29 Απριλίου 2013 - 14:51

Sofia's municipality picked Greek tie-up Aktor-Helektor to build a waste-to-biofuel plant with an annual capacity of 410,000 tonnes of waste.

The IENE - WEC/RNC «Energy Trilemma» Conference in Bucharest Focused on the Energy Policies & Strategies of Romania

Παρ, 26 Απριλίου 2013 - 18:48

The Institute of Energy for SE Europe (IENE), in co-operation with the World Energy Council's Romanian National Member Committee (WEC/RNC) organized on Thursday, April 25, 2013, the “Energy Trilemma” conference, in the capital of Romania, Bucharest . Within the framework of its co-operation with WEC , IENE organized the second of the Conference’s two sessions, which focused on “Energy Policies & Strategies in SE Europe: Focus on Romania”

OMV's 1Q Hydrocarbon Production Slightly Higher

Παρ, 26 Απριλίου 2013 - 17:58

Oil and gas company OMV AG (OMV.VI) posted slightly higher hydrocarbon production in the first quarter, the Austrian company said Friday, as it released its first-quarter trading statement.

Novatek Holder: Chinese Firms Want Yamal LNG, Novatek Stakes

Παρ, 26 Απριλίου 2013 - 17:58

Chinese energy companies that are in talks with OAO Novatek (NVTK.RS) about a stake in a liquefied natural gas project in the Arctic--Yamal LNG--also want a stake in the Russian gas producer, Gennady Timchenko, a major shareholder in Novatek, was reported as saying Friday.

EIA: OPEC April Oil Output 29.9M B/D, Up 100,000 B/D vs. March

Παρ, 26 Απριλίου 2013 - 17:58

Crude-oil output from the Organization of the Petroleum Exporting Countries averaged 29.9 million barrels a day in April, up 100,000 barrels a day from a month earlier, with higher Iraqi flows offsetting a drop in Nigeria's production, according to the U.S. Energy Information Administration.

400 Million Eurobond by Greek Refiner, ELPE

Παρ, 26 Απριλίου 2013 - 16:25

Greek refiner, Hellenic Petroleum (ELPE) announced the issuing of a 400 million Eurobond of a four-year duration. The interest is set at 8,5% and the bond will be traded in Luxemburg, according to the company’s announcement.

Small Scale PVs Spared Tax Burden as Greek Government Presents New Law

Παρ, 26 Απριλίου 2013 - 16:19

Small scale rooftop photovoltaics were excluded from taxation after all, as the Greek government presented yesterday the final bill of law which will bring changes in the wider economy and covers many important issues from taxes to renewable energy.

Confirmatory Drilling in Block 12 of Cyprus in June

Παρ, 26 Απριλίου 2013 - 16:04

Confirmatory drilling in block 12 of Cyprus` exclusive economic zone will begin as soon as the rig is transferred there, in mid- or late June, and is expected to be completed by October, Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis has said.

Total Confirms Output Targets, Sees Further Growth After 2017

Πεμ, 25 Απριλίου 2013 - 18:29

French company Total SA (TOT, FP.FR) still expects its oil and gas output to grow 3% on average on an annual basis between 2011 and 2015, and then sees accelerated growth after 2017 as new projects come on stream, the head of the exploration and production division Yves-Louis Darricarrere said, ahead of the group's release of its first-quarter earnings later this week.