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Greece Assesses Oil Exploration Bids

Παρ, 28 Σεπτεμβρίου 2012 - 13:18

Greece is assessing bids for oil and gas reserves exploration and exploitation in three blocks in the west of the country, news agency Bloomberg reported.

Italy, Greece, Albania Confirm Political Support for TAP with Signing of MoU

Παρ, 28 Σεπτεμβρίου 2012 - 12:24

The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding (MoU) yesterday evening.

TERNA ENERGY: New Wind Park in Poland

Παρ, 28 Σεπτεμβρίου 2012 - 11:39

Yet another wind park in Poland, with 10 MW capacity, was set in operation by TERNA ENERGY, thus increasing the company’s total capacity in operational parks in Poland to 66 MW. Furthermore, one more park is at the final construction stage in Poland, with a 8 MW capacity, while the installation license has been acquired for a new park with a capacity of 8 MW.

German Cartel Office Launches Oil Refining, Wholesale Industry Probe

Πεμ, 27 Σεπτεμβρίου 2012 - 18:00

Germany's cartel office said Thursday it has opened a second probe into oil industry competition, including production and wholesale activities, and gasoline station deliveries.

EU's Almunia Says Gazprom Probe Not Politically Motivated

Πεμ, 27 Σεπτεμβρίου 2012 - 18:00

The European Commission's antitrust probe against Russia's OAO Gazprom (GAZP.RS) isn't politically motivated, said Joaquin Almunia, the commissioner for competition.

China Energy Adviser Sets Conservative Shale Gas Production Forecast

Πεμ, 27 Σεπτεμβρίου 2012 - 18:00

A top adviser to China's economic planning agency says the country's shale gas production could reach between 20 billion and 30 billion cubic meters a year by 2020--a much more conservative estimate than the government's official forecast.

Italy Looking To Reduce Local Authority Influence over Energy, Tourism

Πεμ, 27 Σεπτεμβρίου 2012 - 17:59

Italy is looking at introducing legislation that will reduce the power of local authorities over strategic areas, such as energy, infrastructure and tourism, said Public Administration Minister Filippo Patroni Griffi Thursday, as the central government looks to speed up the decision-making process to attract investment.

Noble Energy Announces Agreement For New Build Drillship

Πεμ, 27 Σεπτεμβρίου 2012 - 17:59

Noble Energy, Inc. (NYSE: NBL) today announced that it has entered into a 36 month contract with a subsidiary of Atwood Oceanics Inc. (NYSE: ATW) for a new build drillship to support its global new ventures efforts in deepwater exploration and development. The agreement demonstrates the Company's commitment to global offshore exploration.

Norway Needs To Invest Up To NOK70 Bln To Upgrade Grid By 2022-Statnett

Πεμ, 27 Σεπτεμβρίου 2012 - 17:59

Norway's state-owned electricity grid operator Statnett Thursday said the country's main grid would require between 50 billion-70 billion Norwegian kroner ($8.7 billion-$12.2 billion) of investment over the next decade to meet higher electricity production, reduce price disparities between regions, ensure security of supply and improve export capacity.

Yingli Green Energy Denies Allegations of Receiving Illegal Subsidies

Τετ, 26 Σεπτεμβρίου 2012 - 18:04

Yingli Green Energy Holding Co. (YGE) said it "strongly rejects" accusations contained in an anti-subsidy complaint that was submitted at the European Commission Tuesday.

Enel Says EU Countries Must Give Up Energy Sovereignty

Τετ, 26 Σεπτεμβρίου 2012 - 18:03

European Union countries need to coordinate energy policy to ensure political independence and economic development in the bloc as a whole, even if that means giving up some national control, the chairman of the Italian utility Enel SpA (ENEL.MI), Wednesday.