English Edition

Gazprombank Says Not in Talks on Financial Aid to Cyprus

Τετ, 20 Μαρτίου 2013 - 17:55

Russia's OAO Gazprombank (GZPR.RS) is not in talks about providing financial aid to Cyprus, a spokesman for the bank said Wednesday.

EU Approves UK Plan to Fund Study of Carbon Capture Technology

Τετ, 20 Μαρτίου 2013 - 17:55

The European Union's competition authority approved Wednesday a U.K. plan to fund the early study of carbon capture and storage, a technology under development that will catch the CO2 emitted by burning coal and natural gas, to then store it underground.

Yemen Invites Bids for 15 Oil, Gas Exploration Blocks

Τετ, 20 Μαρτίου 2013 - 17:55

Yemen has invited international firms to bid for 15 offshore and onshore oil and gas exploration blocks, the country's oil ministry said Wednesday.

Russia EconMin Plans To Up '13 Average Oil Price Forecast to $105 from $97

Τετ, 20 Μαρτίου 2013 - 17:54

Russia's economy ministry plans to raise its average oil price forecast for 2013 to $105 per barrel from a previously expected $97, the first deputy finance minister said Wednesday, Interfax news agency reports.

Novatek's Arctic LNG Project Receives Environmental Approval

Τετ, 20 Μαρτίου 2013 - 17:54

Russia's largest independent gas producer OAO Novatek (NVTK.RS) said Wednesday it has received environmental approval for a liquefied natural gas project in the Arctic and that construction will begin soon.

The Share of LPG-Driven Cars Registered in Turkey is 41.2%

Τετ, 20 Μαρτίου 2013 - 12:49

The total number of motor vehicles. in Turkey, registered were 17 143 099 by the end of January; while cars had a share 50.9%, followed by small trucks 16.5%, motorcyles 15.5%, tractors 8.9%, trucks 4.4%, minibuses 2.3%, buses 1.4% and special purpose vehicles 0.2%.

Greece: 224 MW of Photovoltaic Capacity Was Added in February

Τρι, 19 Μαρτίου 2013 - 18:33

After the installation of 300 MW in January, photovoltaic installed capacity in Greece increased by another 224 MW in February, according to the official data by the operator, LAGIE.

Japan May Again Be Without Nuclear Power Later This Year -Official

Τρι, 19 Μαρτίου 2013 - 18:19

Japan will have no working nuclear reactors when its only operational plants go offline for regular maintenance in September, the main regulator said on Tuesday.

Italy to Allow More Community Involvement in Energy Project Planning

Τρι, 19 Μαρτίου 2013 - 18:18

Italy's outgoing government has decided to allow the local population to be more involved in the planning process for new energy infrastructure projects, to ensure they are implemented more swiftly, said a top official Tuesday.

Romania Transgaz May Cover Up To 20% of Nabucco Pipeline Costs

Τρι, 19 Μαρτίου 2013 - 18:18

Romanian state-run natural gas transmission system operator Transgaz (TGN.RO) could finance between 7% and 20% of the future Nabucco West international pipeline project, the company said in a call to its shareholders Tuesday, news agency Mediafax reports.

Libya Starts Review of Oil, Gas Laws, Prepares New Regulations

Τρι, 19 Μαρτίου 2013 - 18:18

Libya has started meetings to review its current oil and gas laws in order to draft new legislation that govern its sector and conform with international standards, the state-run National Oil Corp., or NOC, said Tuesday.

Brazil Petrobras Will Need to Raise Net $4.3 Billion Per Year to Fund Investments -CFO

Τρι, 19 Μαρτίου 2013 - 18:18

Brazilian state-run oil company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, expects to raise a net $4.3 billion in global capital markets each year to fund its investment plan over the next five years, Chief Financial Officer Almir Barbassa said Tuesday.

TEPCO Says Cooling System Restored at Fukushima Plant

Τρι, 19 Μαρτίου 2013 - 18:17

Tokyo Electric Power Co. (9501.TO) said Tuesday it has resumed cooling the spent fuel pools of the Nos. 1, 3 and 4 reactors at the crippled Fukushima Daiichi nuclear power plant, a day after the key system was suspended due to a suspected problem with a power switchboard, Kyodo News reported.