English Edition

PM: Russia Mulls Rosneft Share Sale in 2013, '14 - Reports

Παρ, 19 Οκτωβρίου 2012 - 18:17

Russia is considering selling a stake in state-controlled oil giant OAO Rosneft in 2013 and 2014, Russian First Deputy Prime Minister Igor Shuvalov was quoted as saying Friday by Russian newswires. "We are considering selling Rosneft shares next year and in 2014 and we believe that it [stake] will be sold, as soon as possible, when the time is best for the placement. That is the position both of the company's management and the head of the government," Prime and Interfax news agencies reported Mr. Shuvalov as saying

Clinton Cites 'Energy Diplomacy' As Driving Force

Παρ, 19 Οκτωβρίου 2012 - 18:13

Secretary of State Hillary Clinton on Thursday described "energy diplomacy" as a driving force behind U.S. foreign policy and offered a spirited defense of the Obama administration's foreign-policy record. She also took swipes at rivals, including China and Russia, which she said have used energy as a geopolitical or trade weapon

Turkey Pipeline Attack Injures Soldiers, Disrupts Gas Flow

Παρ, 19 Οκτωβρίου 2012 - 18:09

An attack on a military vehicle by the Kurdistan Workers' Party, or PKK, wounded around 28 soldiers and damaged a pipeline in Turkey late Thursday, disrupting the flow of natural gas from Iran. The blast took place in the Eleskirt town of the province at 23:25 local time Thursday, a spokesman for the governorship of the eastern province of Agri confirmed Friday in a telephone interview

Pressure Piles Up on Bulgaria Govt over Renewable Energy Policy

Πεμ, 18 Οκτωβρίου 2012 - 16:29

Ambassadors to Sofia of thirteen European states, China and Korea have voiced serious concerns over Bulgaria's government policy on renewable energy. In a letter to Economy and Energy Minister Delyan Dobrev, obtained by the opposition Glasove newspaper, the envoys protest vehemently against the electricity regulator's decision to introduce grid access charges on all operating renewable energy producers, Novinite.com (Sofia News Agency) wrote.

Gasoline Sales at -6,2% in Turkey During the First Eight Months of 2012

Πεμ, 18 Οκτωβρίου 2012 - 12:51

Turkish gasoline sales in the first eight months of the year fell 6.2 percent to 1.2 million tons, while diesel sales increased 7.1 percent to 10.2 million tons, according to an August report on the oil sector by the Energy Market Regulatory Authority. In August, the average price of gasoline was 4.47 liras per liter and 3.85 liras for diesel.

W. Steinmann: Possibilities for Greek-Swiss Cooperation in Energy Efficiency, Renewables and Natural Gas

Πεμ, 18 Οκτωβρίου 2012 - 07:40

The Swiss government considers energy efficiency in buildings and industries as a promising area for bilateral cooperation between Greek and Swiss companies. Walter Steinmann, the Managing Director of the Swiss Federal Office of Energy and State Secretary of Energy, spoke recently to Energia.gr about the various areas of interest, which also include the TAP pipeline and energy to waste technologies.

China Allows Private Capital in Rail, Energy Projects

Τετ, 17 Οκτωβρίου 2012 - 17:40

China has opened the door a bit wider to private investors, allowing them to take stakes in two big projects in the state-dominated rail and energy sectors, as part of efforts to deliver on promises to find fresh sources of capital and boost the economy.

Statoil, Statkraft Buys UK 560MW Offshore Wind Power Project

Τετ, 17 Οκτωβρίου 2012 - 17:40

The Norwegian oil giant Statoil ASA (STO) has acquired the Dudgeon Offshore Wind Farm project in the U.K. North Sea, together with Norwegian state-owned renewable company Statkraft, continuing their cooperation on renewable energy.

Pakistan Oil Min: Aim to Make Turkmenistan-Afghanistan-Pakistan-India Pipeline Operational by 2018

Τετ, 17 Οκτωβρίου 2012 - 17:39

India and Pakistan Wednesday discussed a planned $7.6 billion natural gas pipeline project and are working to resolve pending "economic issues" to meet the aim of starting supply by 2018, Pakistan's oil minister said.

Norway Oil Production Expected to Fall Short of 2012 Target

Τετ, 17 Οκτωβρίου 2012 - 17:39

Norway produced 15% less crude oil than estimated in September and will likely produce less oil than the expected 1.6 million barrels per day in 2012, said the country's Petroleum Directorate Wednesday.

Samsung Plans 45 MW Solar Parks In Romania

Τετ, 17 Οκτωβρίου 2012 - 17:38

South Korea's Samsung Group is considering building two solar parks with a total capacity of 45 megawatts in Romania, following the development of similar projects in neighboring Bulgaria, news agency Mediafax reported Wednesday, citing an official of the South Korean Trade Ministry.

Romania Wants CEZ, RWE, Iberdrola, GDF Suez Back In Cernavoda Nuclear Project

Τετ, 17 Οκτωβρίου 2012 - 17:38

Romania wants to convince energy groups CEZ, RWE, Iberdrola and GDF SUEZ to rejoin the project to build two new reactors at the country's sole nuclear power plant in Cernavoda, news agency Mediafax reported.

Russian Oligarchs Agree $28 Bln TNK-BP Stake Sale

Τετ, 17 Οκτωβρίου 2012 - 13:53

The Russian oligarchs whose joint venture with BP has been plagued by years of in-fighting have reached preliminary agreement on a deal to sell their stake to state-owned oil giant Rosneft for about $28 billion, Sky News reported on Wednesday, citing its sources.