English Edition

Libya Restart May Not Increase Global Oil Supply

Δευ, 19 Σεπτεμβρίου 2011 - 18:10

European refiners dependent on Libyan crude must have breathed a sigh of relief when the regime of Col. Moammar Gadhafi suddenly fell and the rebels who ousted him quickly set about restoring lost oil production.

OPEC Head Sees Gulf Producers Cutting Output As Libya Resumes

Δευ, 19 Σεπτεμβρίου 2011 - 18:10

Gulf oil producers, already facing a weakening demand picture in 2011 and 2012, are expected to cut their output once Libya resumes production, OPEC's top official said Monday.

China's Goldwind Plans $200 Million US Wind Farm

Δευ, 19 Σεπτεμβρίου 2011 - 18:09

Wind-turbine maker Xinjiang Goldwind Science & Technology Co. (XJNGF, 2208.HK, 002202.SZ) plans to build a $200-million wind farm in Illinois in the latest attempt at clean-energy collaboration between China and the U.S., even as disputes over renewable-energy technology continue to grow.

Speculators Raised Bets Brent Would Fall on Greece Woes

Δευ, 19 Σεπτεμβρίου 2011 - 18:09

Speculators on the oil market increased their bets in the week ended Sept. 13 that Brent crude prices would fall, as cautious optimism over U.S. President Barack Obama's economic stimulus measures was overshadowed by growing worries over Europe's sovereign debt crisis.

Turkey Will Start Cyprus Gas Drilling Very Soon - PM

Δευ, 19 Σεπτεμβρίου 2011 - 18:08

Turkish Prime Minister Recep Tayyip Erdogan said Monday Ankara would start offshore gas drilling off the divided island of Cyprus "very soon" after the Greek Cypriots said they had already begun.

Mytilineos Sees Bright Future in Alumina in Next 5 Years

Δευ, 19 Σεπτεμβρίου 2011 - 17:12

Mytilineos Holdings SA, a Greek metals and energy group, may produce 83 percent more alumina, a raw material used in aluminum production, over the next five years, said Evangelos Mytilineos, the company’s chief executive officer.

Russia Not to Abandon South Stream

Δευ, 19 Σεπτεμβρίου 2011 - 16:40

Kommersant writes about the problems that Gazprom’s South Stream project could be facing in the short run. The signing of a shareholder agreement with the project participants – Italy’s ENI, France’s EDF and Germany’s Wintershall – on their entry into the project and guarantees of its launch that is scheduled for September 16 created the news topic.

Trans Adriatic Pipeline Submits Independent Natural Gas application to Greek Regulator (RAE)

Δευ, 19 Σεπτεμβρίου 2011 - 14:18

The Trans Adriatic Pipeline (TAP) has submitted its application for the construction of an Independent Natural Gas System (INGS) to RAE, the Greek Regulatory Authority for energy. TAP’s Greek section of the pipeline will be approximately 465 km long and will commence at Komotini, where it ties into the national grid system. The pipeline will then cross Greece, Albania and the Adriatic Sea, coming ashore in southern Italy.

Romania's Power Production Could Drop with 20-30% this Year

Δευ, 19 Σεπτεμβρίου 2011 - 12:56

Romania's electricity production could drop with 20-30% this year due to drought, money.ro reports. The most affected is state-owned hydropower plant Hidroelectrica, which covers 30% of the country's power output.

Bulgaria May Import Natural Gas from Greece as of 2013

Δευ, 19 Σεπτεμβρίου 2011 - 12:55

"Bulgaria may start importing natural gas from Greece from 2013. The road map of the gas link with Greece envisions that the gas supply system will be ready at the beginning of 2014. The regular gas supplies are scheduled for the summer of 2014," Bulgaria's Minister of Economy and Energy Traicho Traikov stated in the National Assembly.

Meeting Kyoto CO2 Cut Target Difficult -Japan Utility Federation

Παρ, 16 Σεπτεμβρίου 2011 - 18:05

Federation Of Electric Power Companies Of Japan Chairman Makoto Yagi described as "difficult" Friday efforts at meeting the industry's carbon dioxide emission reduction target under the Kyoto Protocol, citing the idling of most of the country's nuclear-power capacity.

EU: All 14 Countries With Nuclear Power Submitted Safety Reports

Παρ, 16 Σεπτεμβρίου 2011 - 18:05

All the 14 European Union countries that operate nuclear plants have submitted a progress report on safety checks of their sites to the European Commission, a spokeswoman for the commission said Friday.

Turkey Warns Iran Over Syria Unrest

Παρ, 16 Σεπτεμβρίου 2011 - 18:04

Turkey has warned Iran "not to spoil" the Syrian leadership whose security forces have been cracking down on protesters since mid-March, a Turkish daily quoted Prime Minister Recep Tayyip Erdogan as saying Friday.

GE Forms Healthcare, Energy Joint Ventures In Russia

Παρ, 16 Σεπτεμβρίου 2011 - 18:04

General Electric Co. (GE) set up two new joint ventures in Russia to expand its presence in the country's healthcare and energy markets.

Sinohydro Gets Final IPO Approval From China Regulator

Παρ, 16 Σεπτεμβρίου 2011 - 18:04

Sinohydro Group Ltd., a Chinese hydropower station builder, has received final approval from the country's securities regulator to launch an A-share initial public offering, in a deal widely expected to be China's largest this year, a person familiar with the situation told Dow Jones Newswires on Friday.

Euro Energy Giants Sign With Gazprom As Pipeline Battle Heats Up

Παρ, 16 Σεπτεμβρίου 2011 - 18:03

Russian state gas firm OAO Gazprom (GAZP.RS) Friday secured backing for its South Stream gas pipeline from European energy giants Electricite de France SA (EDF.FR), Eni SpA (E) and Wintershall AG, heating up the battle between Russia and the European Union over competing pipelines.