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Serbia Will Supply Bosnian Market with Gas

Δευ, 12 Σεπτεμβρίου 2011 - 16:24

Director of Serbian Gas company "Srbijagas" Dusan Bajatovic said that the upcoming heating season will be provided sufficient quantities of gas to market in Bosnia.

Bulgargas Proposed for a 14 per cent Increase in Natural Gas Prices

Δευ, 12 Σεπτεμβρίου 2011 - 16:22

Bulgaria's state-run gas monopoly Bulgargas said on September 9 2011 that it had submitted to the State Energy and Water Regulatory Commission (SEWRC) a proposal for a 14 per cent increase in natural gas prices from October 1 2011 reports Sofia Echo.

Russian High-Ranking Officials to Visit Bushehr Start-up Ceremony

Δευ, 12 Σεπτεμβρίου 2011 - 16:22

The Bushehr nuclear power plant will be officially inaugurated in Iran’s southern province on Monday. Taking part in the ceremony will by Russian Energy Minister Sergei Shmatko, the head of the Russian state-run nuclear power corporation Rosatom, Sergei Kiriyenko, Iran’s Foreign Minister Ali Akbar Salehi, the president of the Atomic Energy Organization of Iran Fereydoon Abbasi-Davani and Iran’s Energy Minister Majid Namjoo.

LUKoil to Invest $25 bln in Oil Refining and Petrochemistry in 10 Years

Δευ, 12 Σεπτεμβρίου 2011 - 16:21

Russia's largest private oil firm LUKoil plans to invest $25 billion in oil refining and petrochemistry in the next 10 years, it said on Monday.

Toshiba's Exposure To Nuclear Wind Chill Grows

Παρ, 9 Σεπτεμβρίου 2011 - 17:43

Just as the nuclear industry faces growing uncertainty brought on by the crisis in Japan, Toshiba Corp. (6502.TO) is having to spend more than $1.6 billion to raise its stake in U.S. nuclear energy firm Westinghouse to 87% from the current 67%.

Senior Libyan General Flees to Niger - BBC

Παρ, 9 Σεπτεμβρίου 2011 - 17:42

One of Moammar Gadhafi's senior generals has fled to Niger, the BBC reports Friday on its website, citing unnamed local sources.

Hungary Signs Agreement On Slovak Gas Interconnector

Παρ, 9 Σεπτεμβρίου 2011 - 17:41

Slovak gas transmission system operator Eustream and Hungary's OVIT Zrt., a unit of state-owned power group MVM Zrt., have signed an agreement to pursue the Hungarian-Slovak gas pipeline interconnector project, the companies said in a statement Friday.

Japan Ends Limits On Electricity Usage -Kyodo

Παρ, 9 Σεπτεμβρίου 2011 - 17:41

Japan on Friday night ended months of government-mandated electricity-saving, imposed for the first time in 37 years to battle power supply constraints amid the Fukushima nuclear crisis, Kyodo News reported.

Shell On Track To Deliver Growth Targets For 50%-80% Cashflow By 2012

Παρ, 9 Σεπτεμβρίου 2011 - 17:41

Royal Dutch Shell PLC (RDSA.LN), Friday confirmed that it has made solid progress in starting up three world-class oil & gas projects in 2011, which at peak will add some 400,000 barrels oil equivalent, and is on track to deliver its strategic targets for 50-80% growth in cash flow from operations from 2009 to 2012.

E.ON To Combine Management Of Global Gas, Energy Trading Units

Παρ, 9 Σεπτεμβρίου 2011 - 17:40

E.ON AG (EOAN.XE) Friday announced plans to combine the management boards of its units E.ON Ruhrgas and E.ON Energy Trading in the latest sign that the German utility intends to pool parts of its global natural gas and energy trading businesses.

Q&A on Global Liquefied Natural Gas Markets -IEA

Παρ, 9 Σεπτεμβρίου 2011 - 15:08

IEA Senior Gas Analyst Anne-Sophie Corbeau looks at the role LNG will play over the next few years. How did LNG markets evolve over the last few years?The last two years witnessed a dramatic expansion in global liquefaction capacity, which increased by over 100 billion cubic metres (bcm) (+39%). In 2010 alone, LNG trade jumped by an astounding 21%, to around 300 bcm, which amounts to 9% of the total global demand for gas.

New IEA Chief Defends Nuke Power

Παρ, 9 Σεπτεμβρίου 2011 - 15:07

The new chief of the International Energy Agency, or IEA, Maria van der Hoeven said Wednesday nuclear power will have a place in the future despite the Fukushima catastrophe and the decision by some countries to opt out.

Crucial Day for Decisions About Lignite Plant Sale

Πεμ, 8 Σεπτεμβρίου 2011 - 18:28

The process of selling Public Power Corporation lignite plants - which the government has agreed to as part of its deal for a bailout by its international creditors - could face serious challenges on Thursday, as the Spartakos regional union of Public Power Corporation workers is holding an event in the northern city of Kozani, to which Energy Minister Giorgos Papaconstantinou, also a local deputy, has been invited, and unionist reactions could determine the pace of the whole procedure.

Germany Needs 10GW of New Power Capacity – BNE

Πεμ, 8 Σεπτεμβρίου 2011 - 17:46

Germany needs to introduce a capacity market to create incentives for the construction of 10GW of new gas-fired power generation capacity by the time country shuts down its last nuclear reactors in 2022, German new entrants association BNE has said.

European Commission to Negotiate Deal for Trans-Caspian Gas Pipeline

Πεμ, 8 Σεπτεμβρίου 2011 - 15:13

European Commission will negotiate agreement for legal framework with Azerbaijan and Turkmenistan for Trans-Caspian gas pipeline system. EU Council adopted of a mandate to authorize the European Commission to negotiate an agreement for the legal framework with Azerbaijan and Turkmenistan for a Trans-Caspian gas pipeline system

Edison Chairman Says Talks On Company's Future Are Starting Now

Τετ, 7 Σεπτεμβρίου 2011 - 17:42

The chairman of Edison SpA (EDN.MI) said Wednesday that talks about the future of the Italian utility company are starting now, Italian wire MF-Dow Jones reported.