English Edition

Greek DEPA Privatization to Be Completed by End of 2012

Δευ, 7 Μαΐου 2012 - 16:34

Greek DEPA privatization will be completed by the end of 2012, said the DEPA Director General, Chairman of Board of Directors Harry Sachinis.

Statoil and Rosneft Sign Russian Arctic Agreement

Δευ, 7 Μαΐου 2012 - 14:11

Norway’s Statoil ASA(STO, STL.OS) signed Saturday a potential $100 billion cooperation agreement with Russian state oil company Rosneft (ROSN.RS) to develop Russia’s mostly untapped offshore energy resources in the Arctic.

SunPower 1Q Loss Widens; Company Expands Businesses

Παρ, 4 Μαΐου 2012 - 17:37

SunPower Corp. (SPWR) posted a larger first-quarter loss as costs and charges offset higher revenue, although the company said its key businesses are expanding.

South Korea Starts Building New Nuclear Reactors

Παρ, 4 Μαΐου 2012 - 17:36

South Korea on Friday started work on two new nuclear reactors despite fears over safety in the aftermath of the radioactive disaster in Japan last year.

EDF's Sweetened Offer For Edison OK'd By Italian Regulator

Παρ, 4 Μαΐου 2012 - 17:36

Electricite de France SA (EDF.FR) Friday confirmed that it improved its offer for Edison SpA (EDN.MI), securing approval of the Italian market regulator Consob and sealing an agreement that should end a more than two year battle for control of the Italian utility.

BP Deepwater Horizon Spill Trial Moved To 2013

Παρ, 4 Μαΐου 2012 - 17:36

A trial to apportion blame and damages for the 2010 Deepwater Horizon disaster will now start in 2013 after the New Orleans judge hearing the case scheduled a new start date.

IAEA Hopes To Reach Concrete Result With Iran On Nuclear

Παρ, 4 Μαΐου 2012 - 17:35

The head of the International Atomic Energy Agency said Friday he is hopeful of reaching a concrete result with Iran on concerns about the Islamic Republic's nuclear program during their next talks.

Iran's May Fuel Oil Exports To Far East Likely Over 500,000 Tons

Πεμ, 3 Μαΐου 2012 - 17:45

Iran's fuel oil exports to East Asia this month will likely top 500,000 tons counting a fuel oil-laden supertanker that National Iranian Oil Company is due to ship to Singapore, traders said Thursday.

Qatar Plans To Invest In Shale, Not Seen As Threat - Energy Min

Πεμ, 3 Μαΐου 2012 - 17:44

Qatar is looking at possible investment opportunities in shale gas worldwide and doesn't see the energy source as a threat, the country's energy minister, Mohammed bin Saleh al-Sada, said Thursday.

Norway Oil Fund Concerned About Unfolding EU Debt Crisis

Πεμ, 3 Μαΐου 2012 - 17:44

The unfolding European sovereign debt crisis is a concern to the Norwegian oil fund but it hasn't prompted a change in its investment strategy with regard to European Union government debt, the fund's deputy chief executive said Thursday.

Gamesa Building Plants In India To Make Wind-Turbine Parts

Πεμ, 3 Μαΐου 2012 - 17:43

Gamesa Corporacion Tecnologica SA (GCTAY), the Spanish wind-farm manager and turbine maker, is building new factories in India to tap growing demand for electricity in the South Asian nation where conventional fuels like coal and gas are in short supply.

Total Sees Global Conventional Oil Resources At 1,640 Bln BOE

Πεμ, 3 Μαΐου 2012 - 17:43

Global conventional oil resources represent around 1,640 billion barrels of oil equivalent, according to an estimate by French oil major Total SA (TOT), its director for exploration and production Yves-Louis Darricarrere said Thursday.

US Likely To Limit LNG Exports To Keep Low Gas Price

Πεμ, 3 Μαΐου 2012 - 17:43

The U.S. government is likely to impose limits on exports of liquefied natural gas in order to keep its domestic natural gas prices low, said executives from two major oil companies with operations in the country Thursday.