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EREC: 2030 RES Target Will Cut Costs and Kick-Start Sluggish European Economies

EREC: 2030 RES Target Will Cut Costs and Kick-Start Sluggish European Economies

Πεμ, 18 Απριλίου 2013 - 14:21

The European Renewable Energy Council (EREC) launched a publication today entitled ‘Hat-trick 2030 – An integrated climate and energy framework’ at the Renewable Energy House in Brussels, ahead of a meeting of Energy and Environment Ministers in Dublin early next week.

PPC Announces New Payment Schemes for Debtors

PPC Announces New Payment Schemes for Debtors

Πεμ, 18 Απριλίου 2013 - 13:47

The Public Power Corporation announced on Wednesday it will allow consumers with unpaid bills to arrange payment plans by telephone, with no deposit and the option of as many as 40 installments.

IEA Says Drive To Clean World Energy System Has Stalled

IEA Says Drive To Clean World Energy System Has Stalled

Τετ, 17 Απριλίου 2013 - 16:12

The world has made almost no progress towards reducing the carbon content of its energy supplies in the last 20 years, despite pumping trillions of dollars of investment into renewable energy projects like wind and solar power, the International Energy Agency said Wednesday.

Egypt Awards Oil, Gas Contracts to Accelerate Exploration Pace

Egypt Awards Oil, Gas Contracts to Accelerate Exploration Pace

Τετ, 17 Απριλίου 2013 - 16:12

State-run Egyptian Natural Gas Holding Co. has awarded eight oil and gas prospection projects in the Mediterranean Sea for an overall minimum investment of $1.2 billion as the country seeks to increase its fossil fuel production and reserves.

Rosneft, Marubeni Sign Memorandum On Joint LNG, Exploration Projects

Rosneft, Marubeni Sign Memorandum On Joint LNG, Exploration Projects

Τετ, 17 Απριλίου 2013 - 16:12

Russian state oil giant OAO Rosneft (ROSN.RS) and Japan's Marubeni Corp. (8002.TO) signed a memorandum Wednesday on implementing a joint liquefied natural gas project and exploring and developing oil and gas fields, Rosneft said in a statement.

RES Bill Hurts Solar Energy Producers

RES Bill Hurts Solar Energy Producers

Τετ, 17 Απριλίου 2013 - 14:00

A new bill on renewable energy sources (RES) is expected to tighten up the market in a way that will hurt solar energy producers but will hopefully restore liquidity and eradicate deficits.

Japan Approves 7.4 MW Renewable Energy Capacity by January

Japan Approves 7.4 MW Renewable Energy Capacity by January

Τρι, 16 Απριλίου 2013 - 17:50

Japan designated 7.368-megawatt of power generation capacity from renewable energy sources as eligible to the country's feed-in tariff system in the seven months ending in January, the Ministry of Economy, Trade and Industry said Tuesday.

Enel Green Power Sees Higher Ebitda On New Markets Expansion

Enel Green Power Sees Higher Ebitda On New Markets Expansion

Τρι, 16 Απριλίου 2013 - 17:50

Enel Green Power SpA (EGPW.MI), one of Europe's biggest renewables companies by market value, Tuesday said it expects core profits to rise in the next five years as it expands into electricity-hungry emerging markets.

Irans Nuclear Power Plant Unaffected by Quake - Russia

Iran's Nuclear Power Plant Unaffected by Quake - Russia

Τρι, 16 Απριλίου 2013 - 17:49

Iran's Russian-built nuclear power plant at Bushehr wasn't affected by the country's powerful earthquake Tuesday and continues its operations as normal, a spokesman for the Russian state nuclear corporation said.

EREC: European Parliament Renders ETS Impotent

EREC: European Parliament Renders ETS Impotent

Τρι, 16 Απριλίου 2013 - 15:51

The European Renewable Energy Council (EREC) criticised the decision by the European Parliament today to reject a proposal to reform the EU’s Emissions Trading System (ETS). The proposal sought to send a signal of confidence on the future of the carbon price by ‘back-loading’ or postponing emissions allowances from 2013-2015 until later in phase three of the ETS, which ends in 2020.

Libyas Oil Production Restored to Pre-War Levels

Libya's Oil Production Restored to Pre-War Levels

Δευ, 15 Απριλίου 2013 - 18:41

OPEC-member Libya has restored its production to the levels it reached before the start of the civil war in 2011, the country's Deputy Prime Minister Awad al-Baraasi said Monday.

Rosneft Offers to Buy 21% of Italys Saras for EUR273.5 Mln

Rosneft Offers to Buy 21% of Italy's Saras for EUR273.5 Mln

Δευ, 15 Απριλίου 2013 - 18:41

Russian state-owned oil giant OAO Rosneft (ROSN.RS) Monday said it offered to buy a combined 21% stake in refinery Saras SpA (SRS.MI) for a total 273.5 million euros ($358.3 million), as Russian companies expand into the ailing Italian refining market.