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Iraq March Oil Exports Fall 5% on Month to 2.417M B/D

Iraq March Oil Exports Fall 5% on Month to 2.417M B/D

Τρι, 2 Απριλίου 2013 - 17:30

Iraq's crude oil exports in March were down by 5% to 2.417 million barrels a day on month, compared with 2.536 million barrels a day in February, according to people familiar with the State Oil Marketing Organization, or SOMO.

Germany Remains a Net Power Exporter in 2012 Despite Nuclear Exit

Germany Remains a Net Power Exporter in 2012 Despite Nuclear Exit

Τρι, 2 Απριλίου 2013 - 17:29

Germany exported more electricity than it imported for the seventh consecutive year in 2012, despite an accelerated exit from nuclear power generation that included the immediate and permanent shut-down of nearly half of the country's atomic reactors in 2011, the national statistics office said Tuesday.

Saudi Aramco Secures Approval to Enter Local Power Market

Saudi Aramco Secures Approval to Enter Local Power Market

Τρι, 2 Απριλίου 2013 - 17:29

State-oil giant Saudi Arabian Oil Co., known as Saudi Aramco, is now allowed to sell its excess power capacity to the local market via Saudi Electricity Co. (5110.SA), the governor of the kingdom's Electricity and Co-Generation Regulatory Authority said Tuesday.

Greek PPC Renewables Profit Grows in 2012

Greek PPC Renewables' Profit Grows in 2012

Τρι, 2 Απριλίου 2013 - 11:47

PPC Renewables, the green unit of Greek utility Public Power Corp (ATH:PPC), saw its net profit grow to EUR 7.6 million (USD 9.7m) in 2012 from EUR 6.5 million a year ago, the parent’s financial report showed Friday.

Natural Gas Begins to Flow From Israels Tamar Field

Natural Gas Begins to Flow From Israel's Tamar Field

Δευ, 1 Απριλίου 2013 - 18:05

Natural gas from Israel's offshore Tamar field began to flow into the country's energy grid Sunday after two years of a gas shortage. The gas will allow Israel to be energy independent for at least three decades, in addition to becoming a net exporter of gas, according to the Ministry of Energy and Water Resources.

Yemen Seeking $450 Mln 3-Year Loan From IMF

Yemen Seeking $450 Mln 3-Year Loan From IMF

Δευ, 1 Απριλίου 2013 - 18:04

Yemen is seeking a low-interest loan of up to $450 million from the International Monetary Fund to support economic reforms, according to Yemeni central bank governor Mohammed bin Hammam.

Saudis Naimi Says Welcomes All New Energy Sources

Saudi's Naimi Says Welcomes All New Energy Sources

Δευ, 1 Απριλίου 2013 - 18:04

Saudi Oil Minister Ali al-Naimi on Monday said the rise of unconventional energy sources doesn't threaten his country's dominant role in world oil supply because demand also is increasing.

Terna Energy Sales Increased by 62,9% in 2012

Terna Energy Sales Increased by 62,9% in 2012

Παρ, 29 Μαρτίου 2013 - 18:47

According to the financial statements of 31/12/2012, which were prepared in accordance with the International Financial Reporting Standards, the 2012 annual results of TERNA ENERGY are as follows:

CEZ Lodges Complaint Against Bulgaria at European Commission

CEZ Lodges Complaint Against Bulgaria at European Commission

Παρ, 29 Μαρτίου 2013 - 17:59

Czech 70% state-owned power company CEZ AS (BAACEZ.PR) Friday said it formally lodged a complaint at the European Commission against Bulgaria for the country's failing to honor national and European energy market regulations.

Piraeus Bank’s Pioneering Climate Risk Management Model

Piraeus Bank’s Pioneering Climate Risk Management Model

Παρ, 29 Μαρτίου 2013 - 17:25

Piraeus Bank is the 2ndlargest bank in Greece, with particular know-how in the areas of medium-sized and small enterprises, consumer and mortgage credit, green banking, agricultural banking (following the recent acquisition of ATEbank), capital markets investment banking, and leasing.