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EDF: Fire Broke Out at French Plant, Didnt Affect Nuclear Area

EDF: Fire Broke Out at French Plant, Didn't Affect Nuclear Area

French state-controlled power group Electricite de France SA (EDF.FR) said Friday a fire started on a transformer at its nuclear plant in Cattenom, eastern France, adding that it was outside the nuclear-processing area.

Bulgaria to Boost Power Export Capacity to Turkey

Bulgaria to Boost Power Export Capacity to Turkey

Bulgaria will increase its power export capacity to Turkey to 366 megawatts (MW) as of July from 266 MW at present, a senior official of the country’s Electricity System Operator (ESO) said on Thursday.

Romania Power Output Falls 6.1% on Year in Jan-April

Romania Power Output Falls 6.1% on Year in Jan-April

Romanian energy output fell 6.1% on the year to 7.29 million tons of oil equivalent in the first four months of 2013, hurt by lower thermal sector production, news agency Mediafax reports Thursday citing official data.

Iraq Resumes Oil Exports from N Kirkuk After 2 Day Halt

Iraq Resumes Oil Exports from N Kirkuk After 2 Day Halt

Exports from Iraq's northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey resumed Wednesday following a two-day outage caused by a "technical fault" in the key pipeline, a Middle East shipping agent and a person familiar with the matter said Thursday.

Spain Government May Cut Renewable Energy Subsidies 10% to 20%

Spain Government May Cut Renewable Energy Subsidies 10% to 20%

Spain is preparing a new cut in subsidies for renewable-energy production, a move that could drive struggling solar energy companies into default at a time of deepening recession and boost loan losses for banks that financed their projects, according to people familiar with the plan.

Siemens CEO: Germany Needs to Adjust Energy Reform Plans

Siemens CEO: Germany Needs to Adjust Energy Reform Plans

Germany needs to adjust its plans for energy reform to save around 150 billion euros ($196.2 billion) by the year 2030, the chief executive of industrial conglomerate Siemens AG (SI) said Wednesday.

Chinas CNOOC Eyes First Foray Into Offshore Arctic Oil Drilling

China's CNOOC Eyes First Foray Into Offshore Arctic Oil Drilling

China National Offshore Oil Corp. (CEO), or Cnooc, is partnering with Iceland's Eykon Energy in an application for a license to explore and produce oil and gas in Arctic waters offshore Iceland, the country's hydrocarbon licensing manager told Dow Jones Newswires Wednesday.

IMF Set to Admit Major Missteps in Greece

IMF Set to Admit Major Missteps in Greece

In a critical assessment of its own handling of the euro-zone financial crisis, the International Monetary Fund is set to publicly admit to major missteps in the bailout of Greece, the recipient of one of the institution's largest-ever rescue packages and the spark for a wider debt crisis across Europe.

The State of the Mediterranean Marine and Coastal Environment report presented in Athens

The State of the Mediterranean Marine and Coastal Environment report presented in Athens

Under the auspices and in the presence of his Excellency Pr. Evangelos Livieratos, Minister of Environment, Energy and Climate Change and on the occasion of Environment Day, the Hellenic Ministry of Environment, Energy and Climate Change and the United Nations Environment Programme/Mediterranean Action Plan (UNEP/MAP) held a presentation ceremony of the State of the Mediterranean Marine and Coastal Environment Report today.