English Edition

UK's Osborne Says Planned Fuel Tax Increase Will Occur In August

Τετ, 21 Μαρτίου 2012 - 17:41

U.K. Chancellor of the Exchequer George Osborne refused to bow to pressure Wednesday to mitigate high fuel prices by canceling an increase in the tax imposed on gasoline and diesel planned for later in the year.

Poland Eyes Shale Gas Exploration Results After New Lower Estimate

Τετ, 21 Μαρτίου 2012 - 17:41

International oil majors and Polish state-controlled companies should ramp up their shale gas exploration efforts in Poland to continue gathering more data, Polish officials said Wednesday after the national geological institute said Polish reserves are likely much smaller than the Energy Information Administration's rougher estimate.

Turkish Unit of METKA Signs Deal in Algeria

Τετ, 21 Μαρτίου 2012 - 14:37

METKA SA said on Tuesday its Turkish unit Power Projects Sanayi Insaat Ticaret Limited Sirketi signed a contract with an Algerian power company.

Siemens Won't Buy Suzlon Energy Unit REpower - Board Member

Τρι, 20 Μαρτίου 2012 - 18:27

German industrial conglomerate Siemens AG (SI) isn't planning to buy Suzlon Energy Ltd.'s (532667.BY) German wind turbine unit REpower.

EU Clears Total, Novatek To Get Joint Control Of Oil, Gas Firm

Τρι, 20 Μαρτίου 2012 - 18:26

The European Commission Tuesday said it has cleared French energy giant Total SA (TOT) and Russia's OAO Novatek (NVTK.RS) to obtain joint control of Yamal LNG, a company that will undertake exploration and production of oil and natural gas in Russia.

Abu Dhabi's Mubadala To Build LNG Facility In Fujairah

Τρι, 20 Μαρτίου 2012 - 18:26

Abu Dhabi government-controlled investment firm Mubadala Development Co. plans to build a facility to import liquefied natural gas in Fujairah, as it seeks to meet growing energy demand in the United Arab Emirates.

Iran Says It Will Hit Back At Any Attack By Israel, US

Τρι, 20 Μαρτίου 2012 - 18:25

Iran's supreme leader, Ayatollah Ali Khamenei, said Tuesday that his country would hit back at any attack by the U.S. or Israel, raising tensions with the West over the country's nuclear program.

Kuwait To Launch Tender For Clean Fuel, Refinery Projects - Kuna

Τρι, 20 Μαρτίου 2012 - 18:25

State-run Kuwait National Petroleum Co., or KNPC, plans to launch within three to four weeks a tender to select consultants for its planned environmentally friendly fuel and new refinery projects, the official Kuwait News Agency, or Kuna, reports Tuesday citing an official.

Saudi Could Pump 12.5M B/D Now If Needed, Says Naimi

Τρι, 20 Μαρτίου 2012 - 18:25

Saudi Arabia has 2.5 million barrels a day of spare oil capacity, meaning it could pump 12.5 million barrels a day immediately if necessary, its Oil Minister Ali al-Naimi said Tuesday, according to Bloomberg News.

New US Solar Installations Hit Record High in 2011

Τρι, 20 Μαρτίου 2012 - 15:34

The solar power industry installed a record 1,855MW of new photovoltaic systems in the United States last year, a 109pc increase from 2010.

Solar Cuts Top End Of 4Q View To Reflect Declining Market Prices

Δευ, 19 Μαρτίου 2012 - 18:19

LDK Solar Co. (LDK) cut the top end of its fourth-quarter revenue guidance to reflect declining market prices for wafers and modules.

India To Start Work On Stalled Nuclear Plant -PTI

Δευ, 19 Μαρτίου 2012 - 18:19

The southern Indian state of Tamil Nadu on Monday gave the green light for work to start on a massive nuclear power station stalled for months amid protests over safety concerns, a report said.

EU Energy Chief: Should Mull Making Power Plant CCS Mandatory

Δευ, 19 Μαρτίου 2012 - 18:18

The European Union should consider whether to make mandatory the use of an advanced, and highly expensive, technology to capture greenhouse gas emissions from power plants as it seeks to meet ambitious long-term climate targets, the bloc's energy chief has said.