English Edition

Leviathan Partners Find Gas at Dolphin 1

Δευ, 7 Νοεμβρίου 2011 - 15:06

Dolphin 1 partners Noble Energy Inc., Delek Group Ltd. and Ratio Oil Exploration (1992) LP have found clear signs of natural gas at the Dolphin 1 exploratory well in the Hanna license. The preliminary results found 550 billion cubic feet (15.7 billion cubic meters) of natural gas - about half the size of Yam Tethy's Mari B well, which has been in operation since 2004.

High-Ranking EU Participation at IENE’s 16th «Energy & Development» Conference

Δευ, 7 Νοεμβρίου 2011 - 13:41

Represented at high-rank level will be the European Commission at the 16th “Energy & Development” conference that IENE organizes on November 22-23 2011 and which will be held at the “Athens Ledra Marriot Hotel”. Senior members of the European Commission's Task Force which supports the Economic Adjustment Programme for Greece, including Mr. Ben Van Houtte (Legal Adviser, DG Energy, European Commission), Mrs. Monika Ekstrom, (DG Energy, Unit B1, European Commission) and also Mr. Brendan Devlin (European Commission, Brussels) have confirmed their participation at the conference

US Bid To Cut Green Tariffs Meets Resistance Within APEC

Παρ, 4 Νοεμβρίου 2011 - 18:34

China and other developing countries are resisting a U.S. proposal to cut tariffs on environmental goods, casting doubt on one of President Barack Obama's goals for a Pacific Rim summit he hosts next week.

Japan Nuclear Reactor Operation Ratio Hits Record Low In October

Παρ, 4 Νοεμβρίου 2011 - 18:33

The operation ratio of Japan's 54 commercial nuclear reactors in October fell to a record low of 18.5% amid the Fukushima nuclear crisis, renewing the previous record of 20.6% marked in September, the Japan Atomic Industrial Forum said Friday, Kyodo News reported.

China Regrets US Solar Claims, Warns of Lose-Lose Situation

Παρ, 4 Νοεμβρίου 2011 - 18:33

China said Friday that it regrets that U.S. companies have asked for anti-dumping probes against Chinese solar power products and insisted that its policies on solar energy conform with World Trade Organization rules.

Libya's NTC Pledges To Destroy Chemical Weapons

Παρ, 4 Νοεμβρίου 2011 - 18:33

Libya's National Transitional Council has pledged to continue with the previous regime's programme of destroying its chemical weapons stockpiles, an international monitoring group said Friday.

Sinopec Closing In On Galp Brazil Stake

Παρ, 4 Νοεμβρίου 2011 - 18:32

China Petrochemical Corp., known as the Sinopec Group, is in advanced negotiations to buy a stake in Portuguese oil company Galp Energia SGPS SA's (GALP.LB) Brazilian unit, people familiar with the matter said Friday.

France, Kazakhstan Sign Deal On Nuclear Fuel Plant

Παρ, 4 Νοεμβρίου 2011 - 18:32

French Industry and Energy Minister Eric Besson signed a deal with the government of Kazakhstan Friday that will see France's Areva SA (AREVA.FR) open a nuclear fuel plant with Kazakh firm Kazatomprom, his office said.

Serbia and Austria Signed the Memorandum of Understanding in the Field of Hydropower

Παρ, 4 Νοεμβρίου 2011 - 12:36

Serbia's Minister of Infrastructure and Energy Milutin Mrkonjic and Assistant Minister of Transport, Innovation and Technology of Austria Andreas Reinhard signed the Memorandum of Understanding in the field of hydropower between Serbia and Austria.

Bulgaria Gives Long-Awaited Green Light to Burgas-Alexandroupolis Pipeline

Παρ, 4 Νοεμβρίου 2011 - 12:35

Bulgaria's Environment Ministry has issued a positive ruling on the paperwork submitted to it by "Trans-Balkan Pipeline" for the Environmental Impact Assessment (EIA) of the Burgas-Alexandroupolis oil pipeline project.

Romania's Transgaz 9-Month Net Profit Flat At RON284M

Πεμ, 3 Νοεμβρίου 2011 - 19:02

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Thursday reported a net profit of 283.9 million lei ($90 million) in the first nine months, barely changed from RON284.2 million in the year-earlier period, news agency Mediafax reports.

TNK-BP Minorities File New Suit In $13 Bln Claim Against BP

Πεμ, 3 Νοεμβρίου 2011 - 19:01

A group of minority shareholders in BP PLC's (BP) Russian joint venture TNK-BP Holding (TNBP.RS), who are claiming $13 billion in damages from the U.K. oil major, have filed a new law suit to have a recent vote by the TNK-BP's board declared illegal.

Brent May Drop To $100/Bbl In Weeks -Commerzbank

Πεμ, 3 Νοεμβρίου 2011 - 19:01

Brent crude price may drop to $100 a barrel in the coming weeks, Commerzbank says. "We believe the current oil price level is too high given the fundamental data and the numerous risk factors," it notes.

Greece's Crisis Becomes A Tragedy For Democracy

Πεμ, 3 Νοεμβρίου 2011 - 19:00

These are the personal views of Peter Morici, a professor at the University of Maryland's Robert H. Smith School of Business and former chief economist at the U.S. International Trade Commission:

First Solar Doubles Production in Germany

Πεμ, 3 Νοεμβρίου 2011 - 19:00

First Solar, Inc. (Nasdaq: FSLR) the world's largest manufacturer of advanced, thin-film solar photovoltaic modules, today inaugurated its second manufacturing plant in Frankfurt (Oder) and celebrated the production of the new plant's one millionth module.

Israel's Peres: Cyprus Gas Finds No Threat To Turkey

Πεμ, 3 Νοεμβρίου 2011 - 18:59

Visiting Israeli President Shimon Peres said in Cyprus Thursday that gas finds in the Mediterranean Sea were no threat to Turkey but a positive step for the region.