1. English Edition

English Edition

Saudi Sabic Says Sinopec Polycarbonate JV To Cost $1.7 Billion

Saudi Sabic Says Sinopec Polycarbonate JV To Cost $1.7 Billion

Τετ, 4 Απριλίου 2012 - 17:35

Saudi Basic Industries Corp. (2010.SA), or Sabic, the Middle East's largest listed company, said Tuesday its joint venture with China Petrochemical and Chemical Corp. (SNP), or Sinopec Group, to build a new polycarbonate plant at its petrochemical complex in Tianjin city will cost $1.7 billion.

Pro-North Korea Newspaper Hints At Nuclear Test

Pro-North Korea Newspaper Hints At Nuclear Test

Τετ, 4 Απριλίου 2012 - 17:33

North Korea could carry out another nuclear test if the launch of its long-range rocket leads to the expected suspension of U.S. food aid, a pro-North newspaper in Japan said on Wednesday.

South Stream Appoints Banks For Offshore Section Financing

South Stream Appoints Banks For Offshore Section Financing

Τετ, 4 Απριλίου 2012 - 17:33

The OAO Gazprom (GAZP.RS)-led South Stream natural-gas pipeline project has appointed units of Credit Agricole SA (ACA.FR), ING Bank NV and Russia's RPFB Project Finance as joint financial advisors for its offshore section, the consortium said Wednesday.

Italy Studies Cut to PV Incentives

Italy Studies Cut to PV Incentives

Τετ, 4 Απριλίου 2012 - 16:17

The Italian government is studying a reduction in incentives for future photovoltaic (PV) sites. The review is due to be applied for sites coming on line from 1 July this year, putting an end to the current regime introduced on 1 June 2011 and scheduled to last until the end of 2016.

Ukraine Wants to Join Trans-Caspian Pipeline

Ukraine Wants to Join Trans-Caspian Pipeline

Τετ, 4 Απριλίου 2012 - 13:47

Ukraine is ready to join the future Trans-Caspian gas pipeline project which will deliver natural gas to Europe from the Caspian Sea region bypassing Russia, Ukrainian Prime Minister Mykola Azarov said on Wednesday.

Enel CEO Sees Electricity As Fuel Of Future For City Transport

Enel CEO Sees Electricity As Fuel Of Future For City Transport

Τρι, 3 Απριλίου 2012 - 18:52

Enel SpA (ENEL.MI) Tuesday said electricity will be the transportation fuel of the future in cities, after signed a deal with Rome's municipality that will give Italy's capital the country's biggest vehicle-charging infrastructure.

Japan, Iran Add Sanctions Clause To Oil Deals

Japan, Iran Add Sanctions Clause To Oil Deals

Τρι, 3 Απριλίου 2012 - 18:51

Japanese refiners have received an exemption clause from Iran in case oil deliveries are disrupted due to international sanctions, Reuters reported Tuesday, citing industry sources.

The Greek Energy Roadmap to 2050

The Greek Energy Roadmap to 2050

Τρι, 3 Απριλίου 2012 - 14:08

The energy sector constitutes a cornerstone for economic development and has either direct or indirect impact on every sector of the economy. Therefore it becomes obvious that the energy planning at national level is an important tool towards the implementation of the development policy of a country, with a tremendous impact on national and not only economic activity.

Qatar Oil Minister: No Crude-Oil Supply Shortage Globally

Qatar Oil Minister: No Crude-Oil Supply Shortage Globally

Δευ, 2 Απριλίου 2012 - 18:24

Qatar's energy and industry minister said Monday that there isn't any shortage of crude oil globally and that Qatar is producing at its peak capacity of 720,000-730,000 barrels a day, as well as nearly an equal amount of condensates.

German CO2 Emissions Down Despite Nuclear Exit, Booming Economy

German CO2 Emissions Down Despite Nuclear Exit, Booming Economy

Δευ, 2 Απριλίου 2012 - 18:24

Germany emitted less carbon dioxide in 2011 than a year earlier, even as Germany accelerated its planned exit from low-carbon nuclear power generation and saw high industrial activity in a booming economy, said the country's emissions authority Monday.

Exxon Confirms It Froze Deal With Kurdistan - Oil Minister

Exxon Confirms It Froze Deal With Kurdistan - Oil Minister

Δευ, 2 Απριλίου 2012 - 18:23

U.S. energy giant Exxon Mobil Corp. (XOM) has confirmed to Iraq's central government it has frozen an exploration contract with the nation's Kurdistan region, while Baghdad has reached an agreement with the firm on oil field payments, the federal oil minister said Monday.