English Edition

Bid to Speed Up Solar Projects

Παρ, 14 Σεπτεμβρίου 2012 - 16:46

Over 1,600 small photovoltaic projects will be able to move ahead after Wednesday’s decision by Deputy Development Minister Notis Mitarakis to set up a so-called Small Projects Monitoring Group that will speed up the funding process.

Ankara's Natural Gas Grid Baskent Dogalgaz On Sale

Παρ, 14 Σεπτεμβρίου 2012 - 12:57

Turkey’s Privatization Administration (ÖİB) placed an ad on its website yesterday for the block sale of the 100 percent public stake in Başkent Doğalgaz, Ankara’s natural gas grid, which has seen multiple privatization failures.

Iraq Kurds to Hold Talks With Baghdad to Resolve Oil Issue

Πεμ, 13 Σεπτεμβρίου 2012 - 17:03

The Kurdistan Regional Government, or KRG, in northern Iraq is sending a delegation to the federal government in Baghdad to resolve issues relating to payments made to foreign contracting companies producing crude oil in the region, the KRG's prime minister said in a statement Thursday.

Bulgaria Hardens Gas Pipeline Stance Over Nuclear Claim

Πεμ, 13 Σεπτεμβρίου 2012 - 17:03

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.

Egyptian President Morsi: Egypt Won't Allow Attacks On Foreign Embassies

Πεμ, 13 Σεπτεμβρίου 2012 - 17:02

Egyptian President Mohamed Morsi told reporters in Brussels that Egypt would not allow attacks on foreign embassies, but he stopped short of condemning the invasion of embassy grounds two days earlier.

PPC Photovoltaic Project Canceled

Πεμ, 13 Σεπτεμβρίου 2012 - 15:45

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

Τετ, 12 Σεπτεμβρίου 2012 - 16:57

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.

Shell Buys Liquids-Rich Shale Acreage in Texas for $1.94B

Τετ, 12 Σεπτεμβρίου 2012 - 16:56

Oil company Royal Dutch Shell PLC (RDSA.LN) Wednesday said it acquired liquids-rich shale acreage in Texas from Chesapeake Energy (CHK) in a 1.94 billion dollars transaction.

Italy to Offer Green Car Buy Incentives-Industry Officials

Τετ, 12 Σεπτεμβρίου 2012 - 16:56

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

Τετ, 12 Σεπτεμβρίου 2012 - 16:55

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.

Egypt Needs Loan Package in Excess of $10B - EU Official

Τετ, 12 Σεπτεμβρίου 2012 - 16:55

Egypt's needs from a financial loan package exceed $10 billion, a senior European Union official said Wednesday.

Israel Denies Blocking Jordan Nuclear Program

Τετ, 12 Σεπτεμβρίου 2012 - 16:55

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

Τετ, 12 Σεπτεμβρίου 2012 - 11:42

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.