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Turkey, Russia Reach Deal on South Stream Pipeline

Τετ, 28 Δεκεμβρίου 2011 - 13:19

Turkey and Russia have reached agreement on the award of a final construction permit for the South Stream pipeline which will carry Russian gas from the Black Sea to Europe, Turkish government officials told Reuters.

Iran Signs Fuel Deal With Afghanistan

Τρι, 27 Δεκεμβρίου 2011 - 15:40

Iran has signed a deal with Afghanistan to supply its neighbor with a million tons of fuel oil, petrol and aviation fuel a year, Iranian media reported Tuesday without putting a value on the agreement.

Only Saudi Arabia Can Make Up For Possible Iran Crude Ban - JX Official

Τρι, 27 Δεκεμβρίου 2011 - 15:40

A senior official of Japan's largest refiner by capacity said Tuesday only Saudi Arabia can make up for a supply gap if a large part of the global community stops buying Iranian crude oil.

Japan Panel Calls For Broad Deregulation Of Power Market

Τρι, 27 Δεκεμβρίου 2011 - 15:39

A government-appointed panel of experts Tuesday recommended freeing up of both electrical power production and distribution to outside competition in Japan's first major review of the utilities industry in almost a decade.

EDF CFO: Edison Takeover Deal Should Reassure Rating's Agencies

Τρι, 27 Δεκεμβρίου 2011 - 15:39

Electricite de France SA's (EDF.FR) preliminary deal to take over Italian power utility Edison SpA (EDN.MI) should reduce Edison's debt by EUR1.1 billion and reassure ratings agencies, EDF Chief Financial Officer Thomas Piquemal said Tuesday.

Saboteurs Blow Up Gas Pipeline In Syria's Homs

Τρι, 27 Δεκεμβρίου 2011 - 15:39

Saboteurs blew up a gas pipeline in the flashpoint Syrian region of Homs on Tuesday, the official SANA news agency reported, as Arab League observers visited the provincial capital.

India Opposes Binding Emissions Pact, Minister Says

Τρι, 27 Δεκεμβρίου 2011 - 15:38

India said Tuesday it would reject any global pact legally binding it to cut greenhouse gas emissions as such a move could stifle economic growth needed to eradicate poverty.

Turkey, Azerbaijan Sign Deal for Pipeline Project

Τρι, 27 Δεκεμβρίου 2011 - 10:34

Turkey and Azerbaijan signed a deal Monday for the construction of a new joint gas pipeline project, the Trans Anadolu pipeline, which will stretch from Turkey's eastern border to its western border, with the aim of exporting Azerbaijani natural gas to Europe.

Bulgaria Asked to Repay 255.6 Mln Euro Loan for Belene N-plant Project

Τρι, 27 Δεκεμβρίου 2011 - 10:25

An unnamed French bank has asked Bulgaria to start repaying a 500 million lev ($333.5 million/255.6 million euro) loan extended for the Belene nuclear power project, Prime Minister Boiko Borisov said on Thursday.

UAE's Oil Min Says 2012 World Oil Demand To Stay Stable

Δευ, 26 Δεκεμβρίου 2011 - 14:26

The United Arab Emirates' oil minister said Saturday that world oil demand in 2012 will be similar to this year's level.

Gulf Oil Mins Meet In Abu Dhabi, Avoid Discussing Hormuz Strait Security

Δευ, 26 Δεκεμβρίου 2011 - 14:26

Gulf oil ministers met Sunday in Abu Dhabi but avoided discussing options to reroute oil as a precautionary measure to mitigate the impact of any blockade of the Strait of Hormuz.

Kepco Official: Germany's RWE Is Preferred Partner For JV

Δευ, 26 Δεκεμβρίου 2011 - 14:26

Korea Electric Power Corp. (015760.SE) has selected Germany's RWE as its preferred partner to set up a joint-venture firm in coal trading, a Kepco official said Monday.

Independent Panel Says Japan Regulators Unprepared For Fukushima Daiichi Disaster

Δευ, 26 Δεκεμβρίου 2011 - 14:25

Japanese regulators were so unprepared for a serious accident at the Fukushima Daiichi nuclear power plant that the emergency response center they set up nearby didn't even have an air filter to screen out radioactive particles, according to an interim report by an independent panel charged with investigating Japan's worst nuclear disaster.