English Edition

Gazprom Inks Eni Libya Deal

Παρ, 16 Σεπτεμβρίου 2011 - 16:07

Gazprom has inked a deal with Eni giving it the rights to a share of one of the Italian's oilfields in war-ravaged Libya.

EBRD is Financing the First Biogas Project in Croatia

Παρ, 16 Σεπτεμβρίου 2011 - 15:22

The EBRD is stepping up its efforts to promote the generation and use of green energy in Croatia by financing the first biogas project in the country. The Bank is providing a €5 million loan to Croatia’s Agrokor, a leading agribusiness company in south-eastern Europe, to support the construction of a combined heat and power generation plant that will use biogas as primary fuel.

Iran Opposes EU Plans to Support Caspian Pipeline

Παρ, 16 Σεπτεμβρίου 2011 - 15:20

Iran has said it shares Moscow's concern over an offer by the European Union to broker talks on a proposed pipeline to carry natural gas to the West.

First Solar Energy-Positive Building Shelved

Παρ, 16 Σεπτεμβρίου 2011 - 15:18

Masdar shelved plans for the world’s first building that makes more energy than it consumes, a year after the financial crisis forced the Abu Dhabi company to step back from setting up the first carbon-neutral city.

Erdoğan Urges Egypt to Export gas to Europe via Turkey

Παρ, 16 Σεπτεμβρίου 2011 - 15:14

Turkish President Recep Tayyip Erdoğan is urging Egypt to export natural gas to Europe via the Nabucco natural gas pipeline project, which will carry gas from Central Asia via Turkey to Europe. Egypt already has a gas pipeline network to deliver gas to Jordan and Syria; extending the pipeline to hook up to the Nabucco pipeline would be straightforward.

Sarkozy Arrives In Tripoli For Joint Visit With Cameron: AFP

Πεμ, 15 Σεπτεμβρίου 2011 - 14:40

French President Nicolas Sarkozy arrived in Tripoli on Thursday for a joint visit with U.K. Prime Minister David Cameron following the fall of Moammar Gadhafi's regime, an AFP correspondent said.

China August Oil Products Consumption Up 2.2% On Year - NDRC

Πεμ, 15 Σεπτεμβρίου 2011 - 14:39

China's apparent consumption of refined oil products rose to 19.43 million metric tons in August, up 2.2% compared with the same month a year earlier, the National Development and Reform Commission said Thursday.

Shell May Face Prosecution For North Sea Spill - UK Minister

Πεμ, 15 Σεπτεμβρίου 2011 - 14:39

Royal Dutch Shell PLC (RDSA.LN) may be prosecuted for the U.K.'s worst oil spill in a decade after Energy and Climate Change Secretary Chris Huhne confirmed an investigation into a 10-day leak from the oil major's Gannet Alpha platform last month will be sent to Scotland's public prosector.

EDF Energy To Up UK Retail Power, Gas Rates From Nov 10

Πεμ, 15 Σεπτεμβρίου 2011 - 14:38

EDF Energy, the U.K. arm of Electricite de France SA (EDF.FR), said Thursday it will raise its U.K. retail or residential electricity and natural gas prices from Nov. 10, becoming the last of the big six U.K. retail energy suppliers to raise its rates.

GDF SUEZ CEO: Euro Zone Debt Woes Won't Alter EUR11B/Yr Capex Plans

Πεμ, 15 Σεπτεμβρίου 2011 - 14:38

Euro zone debt woes won't impact GDF SUEZ SA's (GSZ.FR) EUR11 billion a year capital expenditure plans for 2011 through 2013, Chairman and chief executive of GDF SUEZ Gérard Mestrallet said Thursday.

TNK-BP Shareholder: Barsky Still On Track To Be CEO

Πεμ, 15 Σεπτεμβρίου 2011 - 14:37

TNK-BP Ltd., half-owned by BP PLC (BP), still intends to promote Deputy Chief Executive Maxim Barsky to CEO, shareholder and Vice President German Khan said Thursday.

Turkey is Planning 15000 MW Coal Based Power Generation Plants

Τετ, 14 Σεπτεμβρίου 2011 - 19:20

Turkey is planning to set up some 15000 MW Coal based power generation plants and requested Indian companies to participate in the tenders.

Geopolitics at Play as Cyprus Gets Ready to Develop Offshore Natural Gas Deposits

Τετ, 14 Σεπτεμβρίου 2011 - 15:05

At the start it was the Arab spring and the unrest that followed in the northern coastal strip of Africa which is a net oil and gas exporter. From a European energy point of view Libya is what really matters, although Egypt’s position is pivotal since a sizeable amount of oil and gas, a cumulative 2.0 to 2.5 bbl per day , flows through the Suez canal and the country itself is a net gas exporter.