English Edition

Bulgaria Hardens Gas Pipeline Stance Over Nuclear Claim

Bulgaria Hardens Gas Pipeline Stance Over Nuclear Claim

Bulgaria threatened Thursday to harden its stance over Russia's South Stream gas pipeline, after Moscow filed a massive compensation claim against Sofia over a dropped nuclear plant deal.

PPC Photovoltaic Project Canceled

PPC Photovoltaic Project Canceled

PPC Renewables SA, a unit of Public Power Corp SA, has canceled plans for a contract with J&P Avax SA after funds were not secured for the construction of two photovoltaic stations in Megalopoli in the Peloponnese.

French Govt: GdF Tariff Increase Demand Too High

French Govt: GdF Tariff Increase Demand Too High

The French government said Wednesday a request by power group GDF Suez SA (GSZ.FR) to increase its natural gas regulated tariffs by 7% was excessive.

Italy to Offer Green Car Buy Incentives-Industry Officials

Italy to Offer Green Car Buy Incentives-Industry Officials

Italy's technocratic government is to introduce financial incentives next year to encourage individuals and fleet operators to buy vehicles that emit little or no carbon dioxide, according to industry representatives Wednesday.

Russia Tells Moldova To Reject EU Energy Deal For Gas Discount

Russia Tells Moldova To Reject EU Energy Deal For Gas Discount

Russia's Energy Minister said Wednesday that Moldova should withdraw from an agreement to integrate with the European gas market if it wants to receive a discount on Russian gas, Russian newswires reported.

Israel Denies Blocking Jordan Nuclear Program

Israel Denies Blocking Jordan Nuclear Program

Israeli officials Wednesday roundly denied charges by Jordan's King Abdullah II that the Jewish state was seeking to foil Amman's nuclear energy program.

Greek Asset Development Fund Passes Key Resolutions About DEPA-DESFA

Greek Asset Development Fund Passes Key Resolutions About DEPA-DESFA

Hellenic Republic Asset Development Fund (HRADF) heldits first meeting of the Board of Directors since May 15, 2012, directed at the acceleration the Greek privatization process. The meeting reached several key decisions and the board is able to announce progress on its Hellinikon, IBC Athens, DEPA-DESFA, Afantou, Rhodes and Kassiopi, Corfu assets.

Weighted Average Import Price (WAIP) of Natural Gas in Greece, 2009-2012

Weighted Average Import Price (WAIP) of Natural Gas in Greece, 2009-2012

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

Bulgargaz Proposes 0.67% Cut in Gas Prices in Q4

Bulgargaz Proposes 0.67% Cut in Gas Prices in Q4

Bulgaria's gas monopoly Bulgargaz said it proposed a 0.67% cut in the price of natural gas for local consumers to 728.34 levs ($476.04/372.4 euro) per 1,000 cubic metres, value-added tax excluded, for the fourth quarter of 2012.

Lukoil: Gazprom Agrees To Continue Gas Purchases

Lukoil: Gazprom Agrees To Continue Gas Purchases

OAO Gazprom (GAZP.RS) has agreed to continue buying natural gas from OAO Lukoil Holdings (LKOH.RS), canceling an earlier decision to suspend purchases, a spokesman for Lukoil said Monday.

Russias Gazprom Should Play by EU Rules - Lithuanian PM

Russia's Gazprom Should Play by EU Rules - Lithuanian PM

Gazprom (OGZPY) must play by the EU's competition rules, Lithuanian Prime Minister Andrius Kubilius said Monday after Russian President Vladimir Putin blasted Brussels' probe of the energy giant.

Iran in Talks to Sell Oil to Egypt to Help Offset EU Loss

Iran in Talks to Sell Oil to Egypt to Help Offset EU Loss

Iran is in talks to sell oil to Egypt, officials on both sides say, part of a broader push to make up for lost European Union sales and a renewed engagement between the two countries.

Sudan, S Sudan Likely to Finalize Oil Deal by Tuesday

Sudan, S Sudan Likely to Finalize Oil Deal by Tuesday

Sudan and South Sudan are likely to finalize an agreement over payments for use of Sudan's oil infrastructure by Monday evening or Tuesday, a South Sudanese spokesman said.