English Edition

Russian Government Approves Rosneft’s TNK-BP Buy Deal

Πεμ, 22 Νοεμβρίου 2012 - 12:26

The Russian government has given all approvals for state-controlled oil giant Rosneft to buy 100 percent of TNK-BP from British oil major BP and the AAR consortium of Russian billionaire shareholders, Deputy Prime Minister Arkady Dvorkovich said on Thursday.

Rise in Electricity Prices Likely in 2013, Says Greek Government

Τετ, 21 Νοεμβρίου 2012 - 18:17

The Greek undersecretary of Energy, Asimakis Papageorgiou, said today, during a press meeting, that a rise in electricity prices is likely for 2013.

EU Takes Poland, Finland to Court for not Implementing Energy Rules

Τετ, 21 Νοεμβρίου 2012 - 18:06

The European Union's executive body said Wednesday it is taking Poland and Finland to court, proposing fines for not fully implementing new rules on the liberalization of energy markets.

China to Urge Extension of Kyoto Protocol in Doha

Τετ, 21 Νοεμβρίου 2012 - 18:06

China will continue urging for an extension of the Kyoto Protocol at next week's climate change talks in Doha, but has ruled out joining a multi-party carbon trading market for now, Beijing's top climate negotiator said Wednesday.

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

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

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 Deputy PM: Russia to Sell Rosneft Stake in 2013 to BP Only

Τρι, 20 Νοεμβρίου 2012 - 16:21

Russia will sell a stake in the state-owned oil giant OAO Rosneft (ROSN.RS) in 2013 only to BP PLC (BP), Deputy Prime Minister Arkady Dvorkovich said Tuesday, the Interfax news agency reported.

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

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.

IEA: US Prices Need to Rise to Encourage Shale Gas Investment

Τρι, 20 Νοεμβρίου 2012 - 16:20

The price of gas in the U.S. will need to rise in order to provide incentives for companies to invest in shale gas in the country, the International Energy Agency's chief economist said Tuesday.

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.

Gazprom Deputy CEO Rejects Linking European Gas Prices to Spot Market

Τρι, 20 Νοεμβρίου 2012 - 16:19

Gazprom (GAZP.RS) Deputy Chairman Alexander Medvedev Tuesday defended the state-controlled natural gas giant's long-term, oil-linked contracts, saying there's no point talking about linking European prices to the spot market.