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Cnooc Ltd: Unit Signs Pact on Clean Energy Development

Cnooc Ltd: Unit Signs Pact on Clean Energy Development

Παρ, 3 Αυγούστου 2012 - 17:56

Cnooc Ltd (CEO), China's largest offshore oil producer, said Friday its wholly owned unit signed an agreement with China United Coalbed Methane Corporation Ltd, or CUCBM, on exploration, development, production and sale of coalbed methane, a type of clean energy source.

German Solar Installations Rise in June

German Solar Installations Rise in June

Παρ, 3 Αυγούστου 2012 - 13:07

Germany has around 1,790MW in new solar power capacity in June alone, as households and investors race to secure feed-in tariffs.

Rosneft Expects Return To Profit In 3Q

Rosneft Expects Return To Profit In 3Q

Πεμ, 2 Αυγούστου 2012 - 18:05

Russian state-controlled oil giant OAO Rosneft (ROSN.RS) sees a return to profit in the third quarter after an unexpected loss of RUB8 billion in the second quarter, the company's Vice President Dmitry Avdeyev said.

Iraq Slams Turkish FM Kirkuk Visit

Iraq Slams Turkish FM Kirkuk Visit

Πεμ, 2 Αυγούστου 2012 - 18:05

The Iraqi foreign ministry Thursday sharply criticized a visit by Turkish Foreign Minister Ahmet Davutoglu to the disputed city of Kirkuk, saying it had not been informed of or approved the trip.

Kurdistan To Restart 100,000 B/D Oil Exports Aug 7-KRG Adviser

Kurdistan To Restart 100,000 B/D Oil Exports Aug 7-KRG Adviser

Πεμ, 2 Αυγούστου 2012 - 18:04

Iraq's semi-autonomous region of Kurdistan plans to restart 100,000 barrels a day of oil exports next week in a goodwill gesture aimed at breaking a deadlock with Baghdad over payment for previous exports, according to an advisor to the Kurdish minister of natural resources and letters sent to foreign companies working in the region.

GE to Bring Explosion-Hit Cyprus Plant Back Into Full Service by Year-End

GE to Bring Explosion-Hit Cyprus Plant Back Into Full Service by Year-End

Πεμ, 2 Αυγούστου 2012 - 16:45

General Electric (GE) aims to bring all four GE 6FA gas turbines at the 850-MW Vasilikos Power Station in Cyprus back into full operation before the end of the year. GE has already returned two turbines back to full service in June, after the power station had to be shut down July last year when it was hit by an explosion.

DKEVR: Renewable Energy Prices in Bulgaria Not Expected to Increase

DKEVR: Renewable Energy Prices in Bulgaria Not Expected to Increase

Τετ, 1 Αυγούστου 2012 - 12:40

Angel Semerdzhiev, Chair of the Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has said that the practice of placing the entire financial burden of renewable energy with the National Electric Company (NEK) will be terminated.

Vattenfall Swings to Profit; Says Demand, Pricing Outlook Weak

Vattenfall Swings to Profit; Says Demand, Pricing Outlook Weak

Τρι, 31 Ιουλίου 2012 - 17:35

Vattenfall's net profit for the second quarter 2012 amounted to 899 million Swedish kronor ($131 million), compared with a net loss of SEK2.74 billion a year earlier when earnings were hit by impairment losses and increased provisions as a result of Germany's decision to phase out nuclear power.