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Greek Energy Ministry Announces New Bill on Renewable Energy

Greek Energy Ministry Announces New Bill on Renewable Energy

Τρι, 4 Δεκεμβρίου 2012 - 18:04

The Greek energy ministry presented on Monday a new bill about various matters concerning renewable energy, such as the licensing procedure, the use of the electricity grid and the installation of small wind turbines. The bill is subject to public debate from 3 December until 14 December.

Polish Shale Gas to Be Significantly Cheaper than Gazproms -PGNiG

Polish Shale Gas to Be Significantly Cheaper than Gazprom's -PGNiG

Τρι, 4 Δεκεμβρίου 2012 - 17:45

Poland's domestic production of natural gas, including shale gas, will be significantly cheaper than gas imported from the country's main supplier, Russia's OAO Gazprom (GAZP.RS), the chief executive of Polish gas monopoly PGNiG (PGN.WA) said Tuesday.

Turkey May Increase Natural Gas Imports from Russia

Turkey May Increase Natural Gas Imports from Russia

Τρι, 4 Δεκεμβρίου 2012 - 17:44

Turkey will increase its natural gas imports from Russia if needed, Turkish Energy Minister Taner Yildiz said Tuesday, adding that imports from Iran won't be hit by new U.S. sanctions.

UAE Security Sacred -Sheikh Khalifa

UAE Security Sacred -Sheikh Khalifa

Δευ, 3 Δεκεμβρίου 2012 - 16:42

President Sheikh Khalifa bin Zayed al-Nahayan warned Sunday against undermining UAE's security as he promised to widen the decision-making process in the nation where some 60 Islamists have been detained this year.

TNK-BP Shareholders Withdraw Suit

TNK-BP Shareholders Withdraw Suit

Δευ, 3 Δεκεμβρίου 2012 - 16:41

Minority shareholders of the traded subsidiary of Russian oil producer TNK-BP Ltd. have filed to withdraw a $3 billion suit against BP PLC (BP), the shareholders' lawyer said Monday, as the British major and its partners close in on deals to sell Russia's No. 3 oil producer to state-controlled oil giant OAO Rosneft (ROSN.RS).

China Aims to Produce 176 Bln Cum Natural Gas by 2015

China Aims to Produce 176 Bln Cum Natural Gas by 2015

Δευ, 3 Δεκεμβρίου 2012 - 16:40

China's domestic natural gas output is expected to reach 176 billion cubic meters by 2015, compared with 102.5 billion cum in 2011, the National Energy Administration said Monday.

Sudan, South Sudan Eye Security Deal to Restart Oil Exports

Sudan, South Sudan Eye Security Deal to Restart Oil Exports

Δευ, 3 Δεκεμβρίου 2012 - 16:38

Defense and security officials from Sudan and South Sudan are expected to resume talks this week as they seek to implement a deal on border security to pave way for the resumption of the South's transit oil shipments through Sudanese territory, officials said Monday.

Deal to Acquire TNK-BP Irreversible

Deal to Acquire TNK-BP 'Irreversible'

Παρ, 30 Νοεμβρίου 2012 - 17:29

OAO Rosneft Chief Executive Igor Sechin said Friday that the deal to acquire competitor TNK-BP was "irreversible" and that a committee was being formed to work on integrating the two companies. Speaking at an extraordinary shareholders meeting, Mr. Sechin offered little insight into how the new company--set to become the world's largest publicly-traded oil producer--will look like after the completion of the takeover, slated for the first half of next year

Crude Declines a Tad in Asia as Dollar Gains Vs Yen

Crude Declines a Tad in Asia as Dollar Gains Vs Yen

Παρ, 30 Νοεμβρίου 2012 - 17:28

Crude-oil futures fell slightly in Asia Friday, giving up part of overnight gains as the U.S. dollar's rise against the Japanese yen crimped buying interest, while investors remained cautious pending resolution of the U.S. budget crisis. On the New York Mercantile Exchange, light, sweet crude futures for delivery in January traded at $87.88 a barrel at 0654 GMT, down $0.19 in the Globex electronic session. January Brent crude on London's ICE Futures exchange fell $0.06 to $110.70 a barrel

Syria: Rebels Take Another Oil Field

Syria: Rebels Take Another Oil Field

Παρ, 30 Νοεμβρίου 2012 - 17:26

Syrian troops withdrew from Omar oil field, one of the last regime positions east of Deir Ezzor city near the Iraqi border, a watchdog said Friday, adding that rebels now control the country's major fields. "Government troops pulled back on Thursday from the Omar oil field north of the town of Mayadeen after having lost the Conoco gas reserve on November 27," the Britain-based Syrian Observatory for Human Rights reported

Ernst&Young Ranks Romania 10th in Wind Energy Index

Ernst&Young Ranks Romania 10th in Wind Energy Index

Παρ, 30 Νοεμβρίου 2012 - 17:25

Romania is the 10th most attractive country in the world in terms of investments in wind power, global financial consultancy Ernst & Young said on Thursday. In the overall ranking Romania occupies 13th place, unchanged from the previous report, the consultancy said in the 35th issue of the Renewable Energy Country Attractiveness Indices report

Greece: 63 MW of New Photovoltaics in October

Greece: 63 MW of New Photovoltaics in October

Πεμ, 29 Νοεμβρίου 2012 - 18:19

43 MW of new solar parks and 18,5 MW of roof mounted pv systems were added in the Greek electricity grid in October, according to the Operator’s latest data. All other RES remained constant except for co-production which increased its presence by 1 MW.

EDF, UK Seen Agreeing Price For Nuclear Power By Year End -FT

EDF, UK Seen Agreeing Price For Nuclear Power By Year End -FT

Πεμ, 29 Νοεμβρίου 2012 - 18:10

Electricite de France SA (EDF.FR) and the U.K. government are expected to agree a "strike price" for electricity generated at Hinkley Point, the new nuclear power station the company plans to build, by the end of the year, the head of its U.K. subsidiary said, according to the Financial Times Thursday.