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EU Regulators Very Close to Giving OK to Glencore-Xstrata Merger

EU Regulators Very Close to Giving OK to Glencore-Xstrata Merger

Τετ, 21 Νοεμβρίου 2012 - 18:05

European Union regulators are poised to give the green light on Thursday to Glencore's merger with Xstrata after the commodities giant fine-tuned its package of concessions to regulators' competition concerns, a person familiar with the discussions said.

VTT Vasilikos Tank Terminal’s New Look Takes Shape

VTT Vasilikos Tank Terminal’s New Look Takes Shape

Τετ, 21 Νοεμβρίου 2012 - 15:16

Work started last April and is expected to be completed in 2014. To begin with, the terminal should be able to store 357,000 cubic metres of oil (gasoline, diesel, jet fuel, gasoil and mazut). It is eventually due to have a capacity of 643,000 cubic metres.

ET Solar to Build 50MW Photovoltaic Parks in Romania

ET Solar to Build 50MW Photovoltaic Parks in Romania

Τετ, 21 Νοεμβρίου 2012 - 14:05

Chinese ET Solar has been awarded by the Romanian Tinmar, a power supplier and trader, the construction and operation of photo-voltaic parks with total capacity of 50MW in Southern Romania.

Russia Energy Ministry Mulls Novatek LNG Export Request

Russia Energy Ministry Mulls Novatek LNG Export Request

Τρι, 20 Νοεμβρίου 2012 - 16:21

Russia's energy ministry is considering a request from the country's largest independent natural-gas producer, OAO Novatek (NVTK.RS), to grant an exception to state-controlled OAO Gazprom's (GAZP.RS) monopoly on liquefied natural gas exports, Russian newswires quoted the energy minister as saying Tuesday.

Italy Expects Enel to Take Stake in TAP Project

Italy Expects Enel to Take Stake in TAP Project

Τρι, 20 Νοεμβρίου 2012 - 16:21

The Italian government expects the country's biggest power utility to take a stake in a pipeline project to bring Azeri natural gas to the country, a top government official who covers energy said Tuesday.

Iran Nuclear Work Unaffected by Sanctions - IAEA Chief

Iran Nuclear Work Unaffected by Sanctions - IAEA Chief

Τρι, 20 Νοεμβρίου 2012 - 16:20

Multiple rounds of international sanctions are failing to have any effect on Iran's controversial nuclear program, the head of the United Nations atomic agency said Tuesday.

Milli Majlis Ratifies Agreement on TANAP

Milli Majlis Ratifies Agreement on TANAP

Τρι, 20 Νοεμβρίου 2012 - 12:12

The Azerbaijani parliament ratified two gas agreements on Tuesday. These are an intergovernmental agreement between Azerbaijan and Turkey on the sale, purchase, transit fares and transit of natural gas through Turkey, as well as an intergovernmental agreement regarding gas pipeline Trans Anadolu (TANAP).

Enel CEO Hopes to Conclude Gas Supply Renegotiations by Year-End

Enel CEO Hopes to Conclude Gas Supply Renegotiations by Year-End

Δευ, 19 Νοεμβρίου 2012 - 16:08

Enel SpA (ENEL.MI), Italy's biggest utility company by market value, hopes to be able to conclude its natural gas supply contracts renegotiations by the end of the year, Chief Executive Officer Fulvio Conti said Monday.

Google Invests $75 Million in Iowa Wind Farm

Google Invests $75 Million in Iowa Wind Farm

Παρ, 16 Νοεμβρίου 2012 - 18:26

Google Inc. (GOOG) announced Thursday that it made a $75 million equity investment in a 50-megawatt wind farm in Rippey, Iowa, developed by RPM Access.

Hitachi Makes $1.1 Billion Gamble in UK Nuclear Project

Hitachi Makes $1.1 Billion Gamble in UK Nuclear Project

Παρ, 16 Νοεμβρίου 2012 - 18:26

Hitachi Ltd. (6501.TO) is taking a GBP670 million ($1.1 billion) gamble in its acquisition of a United Kingdom nuclear-power plant joint venture despite its unclear time schedule and revenue outlook, as the Japanese industrial-electronics conglomerate looks to promote its proprietary technology for nuclear reactors.