English Edition

Enel CEO Hopes to Conclude Gas Supply Renegotiations by Year-End

Δευ, 19 Νοεμβρίου 2012 - 16:08

Enel SpA (ENEL.MI), Italy's biggest utility company by market value, hopes to be able to conclude its natural gas supply contracts renegotiations by the end of the year, Chief Executive Officer Fulvio Conti said Monday.

Sinopec Stake in Nigeria Project to Net 100M Barrels of Recoverable Resources

Δευ, 19 Νοεμβρίου 2012 - 16:08

China Petrochemical Corp., known as Sinopec Group, said Monday that it would gain 100 million barrels of "recoverable resources" from the purchase of French major Total SA's (FB.FR) stake in a Nigerian offshore oil project.

Google Invests $75 Million in Iowa Wind Farm

Παρ, 16 Νοεμβρίου 2012 - 18:26

Google Inc. (GOOG) announced Thursday that it made a $75 million equity investment in a 50-megawatt wind farm in Rippey, Iowa, developed by RPM Access.

Hitachi Makes $1.1 Billion Gamble in UK Nuclear Project

Παρ, 16 Νοεμβρίου 2012 - 18:26

Hitachi Ltd. (6501.TO) is taking a GBP670 million ($1.1 billion) gamble in its acquisition of a United Kingdom nuclear-power plant joint venture despite its unclear time schedule and revenue outlook, as the Japanese industrial-electronics conglomerate looks to promote its proprietary technology for nuclear reactors.

Japan METI: Approved 2.56 GW Renewable Energy Projects in July-Oct Period

Παρ, 16 Νοεμβρίου 2012 - 18:25

The government has approved 2.56 gigawatts of renewable energy projects as of end-October for the country's new feed-in tariff law that kicked in July 1, the Ministry of Economy, Trade and Industry said Friday.

Hungary's MOL Aims to Increase Output, Become More Profitable

Παρ, 16 Νοεμβρίου 2012 - 18:25

MOL Nyrt. (MOL.BU), Hungary's largest oil and gas firm by assets and market share aims to gradually increase output and wants to become more profitable by 2014.

Petrobras Expects Production to Pick up in 2014

Παρ, 16 Νοεμβρίου 2012 - 18:25

Investors in Petroleo Brasileiro SA (PBR, PETR4.BR), the Brazilian oil company, may have to wait until 2014 to see its production pick up pace even as the company works on adding facilities and improving its efficiency.

Ukraine Plans to Cut Imports of Russian Gas in 2013

Παρ, 16 Νοεμβρίου 2012 - 18:24

Ukraine plans to reduce its purchases of Russian gas to about 20 billion cubic meters a year and increase supply from Europe next year as it tries to wean itself off Russia for its fuel needs, the Interfax news agency reports a senior executive at Naftogaz, Ukraine's state-owned oil and gas company, as saying.

TERNA ENERGY: 42% Increase of Net Earnings and 107% Increase of EBITDA in First 9 Months

Πεμ, 15 Νοεμβρίου 2012 - 18:16

According to the financial statements of 30/09/2012, which were prepared in accordance with the International Financial Reporting Standards, the results for the 9month of 2012 of TERNA ENERGY are as follows:

PV GRID: New European Project Launches to Promote Large-Scale Integration of Photovoltaics

Πεμ, 15 Νοεμβρίου 2012 - 15:27

Athens, Berlin, Bratislava, Brussels, The Hague, Lisbon, Madrid, Paris, Prague, Rome, Sofia, Stockholm, Vienna, Warsaw, 15 November 2012 - More than 20 partners have launched a Europe-wide effort to identify solutions to the wider integration of solar PV in Europe, particularly at the distribution level.

Turkey’s Botas Close to Buying More Spot Gas

Πεμ, 15 Νοεμβρίου 2012 - 14:34

Turkey is set to give state-owned gas importer Botas the authority to buy gas and LNG on the spot market without government approval, increasing the company's freedom of action as winter approaches.

Izmir Airport Gets 450 KW PV Park

Πεμ, 15 Νοεμβρίου 2012 - 12:20

Izmir Airport in western Turkey has completed the country's first solar energy project under new legislation (YEK) freeing renewable energy plants under 500 kW from licencing requirements.

Chevron Says Gorgon LNG Cost Review to Take Few More Months

Τετ, 14 Νοεμβρίου 2012 - 18:13

Chevron Corp. (CVX) said Wednesday it would continue to evaluate the cost of developing the Gorgon liquefied-natural-gas project over the next few months, without saying whether the current 43 billion Australian dollar (US$44.9 billion) price tag would change.