English Edition

EU Funds for Carbon Capture and Storage Remain Unclaimed

Τρι, 18 Δεκεμβρίου 2012 - 17:48

Hundreds of millions of euros in European Union funding for a clean energy technology program that would even allow coal to be turned into a clean fuel remain unclaimed due to lack of guarantees by private sponsors and governments, reflecting hurdles to the development of carbon capture and storage technologies.

Italy's Saras Signs Joint Venture Cooperation Deal with Rosneft

Τρι, 18 Δεκεμβρίου 2012 - 17:48

Saras SpA (SRS.MI), one of Italy's biggest oil refiners by capacity, said Tuesday it has signed a cooperation agreement with Russian state-controlled oil company OAO Rosneft (ROSN.RS).

Borisov: Construction of Bulgaria-Greece gas Link to Start in March

Τρι, 18 Δεκεμβρίου 2012 - 12:22

The construction of the Bulgaria-Greece gas grid interconnection is to start in March 2013, according to Prime Minister Boyko Borisov. Borisov's statement came Monday at a joint press conference with his Greek counterpart Antonis Samaras. The gas grid interconnection was negotiated in April 2009, when Bulgaria and Greece signed a Memorandum of Understanding on the project.

Three Supermajors Interested in Greek Hydrocarbons

Δευ, 17 Δεκεμβρίου 2012 - 17:56

Oil supermajors Total, Statoil and ExxonMobil have expressed their interest for the results of the seismic surveys that are being conducted right now in the area of the Ionian Sea and south of Crete by Norwegian PGS.

UAE, Russia Sign Nuclear Energy Cooperation Deal

Δευ, 17 Δεκεμβρίου 2012 - 17:18

The United Arab Emirates said it inked an agreement with Russia Monday to enhance cooperation between the two countries in the development and use of atomic energy for peaceful purposes, after the Gulf state was given the go-ahead earlier this year for construction of two nuclear power units, the first in a string of civilian power plants planned in the strategically sensitive Persian Gulf region

Iran Oil Revenues Halved By Sanctions - Economy Minister

Δευ, 17 Δεκεμβρίου 2012 - 17:17

Iran is losing half of its oil revenues because of international sanctions imposed over its disputed nuclear program, Economy Minister Shamseddin Hosseini said in remarks quoted by media Monday.

Italy, Switzerland Sign Energy Memorandum, To Focus On Gas

Δευ, 17 Δεκεμβρίου 2012 - 17:17

Italy has signed a deal to collaborate with Switzerland on the energy sector, focusing on natural gas, as the Mediterranean country boosts international links aimed at strengthening its security of supply and lowering fuel costs.

Israel Natural Gas Production Seen Boosting Economy in 2013

Δευ, 17 Δεκεμβρίου 2012 - 17:17

Israel's economic growth is seen being given a boost by the production of natural gas from next year, with gross domestic product expected to grow 3.5% in 2013, up from a previous estimate of 3%, Finance Minister Yuval Steinitz said in a statement late Sunday.

Iran Foreign Minister: Tehran, World Powers Must End Nuclear Talks Deadlock

Δευ, 17 Δεκεμβρίου 2012 - 17:17

Iran's foreign minister said on Monday that it was time to end the country's long standoff with world powers over its disputed nuclear program.

Total Agrees to 20-Year Deal to Buy LNG From Cheniere's Export Project

Δευ, 17 Δεκεμβρίου 2012 - 17:16

Cheniere Energy Partners LP (CQP) reached an 20-year deal under which Total SA (TOT, FP.FR), the France-based energy major, has agreed to purchase nearly half the volume of a fifth train planned for Cheniere's liquefied natural-gas export facility that is being developed in Louisiana.

Serbia and Bulgaria Sign the Agreement on the Implementation of the Gas Interconnection

Δευ, 17 Δεκεμβρίου 2012 - 12:29

Serbia's Prime Minister Ivica Dacic and Prime Minister of Bulgaria Boyko Borisov signed in Brussels the Agreement on the implementation of the gas interconnection between Serbia and Bulgaria, worth €120 million.

Ukraine Seeks Part in TANAP

Δευ, 17 Δεκεμβρίου 2012 - 12:28

Russia has started construction of the South Stream gas pipeline in an effort to diversify its supply routes toEuropeby bypassing Ukraine, but Kyiv is also seeking to diversify its gas supplies by participating in projects providing alternatives toRussiangas.

Japan Nuclear Regulatory Official Suggests Fault Under Higashidori Plant May Be Active

Παρ, 14 Δεκεμβρίου 2012 - 17:45

A Japanese nuclear regulator Friday suggested that earthquake faults beneath the Higashidori nuclear power plant site in Aomori Prefecture could be active and dangerous, Kyodo News reported.

EU Funds Frozen for Lithuanian Nuclear Decommissioning

Παρ, 14 Δεκεμβρίου 2012 - 17:44

European Union funding for the decommissioning of Lithuania's Soviet-era nuclear reactor has been frozen to raise pressure to wrap up talks on the operation, a top official said Friday amid growing irritation over delays.

Verbund To Advertise For Four Board Member Positions

Παρ, 14 Δεκεμβρίου 2012 - 17:44

Austrian utility Verbund AG (VER.VI) will advertise in January for its four board-member positions, the company said Friday.

Bulgaria PM Regrets Nabucco Gas Pipeline Project Is Stuck

Παρ, 14 Δεκεμβρίου 2012 - 17:44

The Nabucco pipeline project, planned to carry natural gas from the Caspian Sea to Europe, has reached an impasse, a situation that is pushing Bulgaria to consider developing its own resources in the Black Sea, the country's prime minister said Friday.