German Grid Regulator Decides Against Nuclear Reserve Capacity Τετ, 31 Αυγούστου 2011 - 16:26 Germany's energy network regulator Wednesday said that the country's accelerated exit from nuclear energy has considerably increased the risk of power blackouts, calling on the industry to invest in new energy infrastructure to ensure security of supply.
Czech Nuclear Expansion Moving Forward As Planned Τετ, 31 Αυγούστου 2011 - 16:26 The Czech Republic is moving forward as planned with its $25 billion nuclear power generation expansion as increased clean electricity production will allow the country to meet emissions reduction targets, the country's industry minister said in Wednesday's Austrian economic newspaper Der Wirtschaftsblatt.
Iran-Saudi Security Is Linked - Tehran Τετ, 31 Αυγούστου 2011 - 16:25 Iran believes Saudi Arabia's security is linked to its own security, an Iranian foreign ministry official said Wednesday, reacting to a Saudi allegation that Tehran was "targeting" the kingdom.
Ukraine Says Will Take Russia To Arbitration Over Gas Deal Τετ, 31 Αυγούστου 2011 - 16:25 Ukraine will take Russia to the Stockholm court of arbitration if the two sides fail to resolve their latest energy dispute by mid-October, a top Ukrainian official warned Wednesday.
BP Sees Russian Office Raids As Pressure Τετ, 31 Αυγούστου 2011 - 16:25 Russian raids on BP's PLC (BP.LN) Moscow offices are a means of pressuring the company's business activities within the country, BP Russia head Jeremy Huck said Wednesday, Interfax reported.
Italy Unblocks 500 Million Euros For Libya Τετ, 31 Αυγούστου 2011 - 16:24 Italy on Wednesday unblocked EUR500 million in Libyan assets for the North African country's new leadership, Italian news agency ANSA quoted Foreign Minister Franco Frattini as saying during a visit to Hungary.
Bulgarian Arms of Power Utilities CEZ, E.ON and EVN will Unbundle Power Supply and Distribution Operations Τετ, 31 Αυγούστου 2011 - 11:35 The Bulgarian arms of power utilities CEZ, E.ON and EVN will unbundle power supply and distribution operations by the start of 2012 within a larger-scale business restructuring, the chairman of the State Energy and Waters Regulatory Commission (SEWRC), Angel Semerdjiev, said on August 30 2011 reports Sofia Echo.
Bulgaria Jurassic Etropole Shale Gas Drilling Set Τετ, 31 Αυγούστου 2011 - 11:34 LNG Energy Ltd., Vancouver, BC, entered into a term sheet with a unit of TransAtlantic Petroleum Ltd., Dallas, to earn a 50% interest in a future shale gas production concession in northwestern Bulgaria.
Ocean Rig Sees Brisk Business Τετ, 31 Αυγούστου 2011 - 11:33 Dryships spinoff Ocean Rig UDW narrowed its profit in the six months ending in June, but kept its business in the black as its parent company slid to a steep loss.
Reduced Profits for TERNA During the First Half of 2011 – Positive Outlook for the Rest of the Year Τρι, 30 Αυγούστου 2011 - 19:17 Consolidated sales of GEK TERNA amounted to 413.8 mil euro compared to 275 mil euro during the 1st half of 2010, posting a 50% increase mainly due to increased sales from the constructions and thermally produced energy segments.
Greece's PPC First-Half Profit Slumps On Costs, Weak Demand Τρι, 30 Αυγούστου 2011 - 17:19 Greek state-controlled utility Public Power Corp. SA (PPC.AT) Thursday reported a 63% drop in first-half net profit amid higher costs and weak demand. However, the company broadly met market expectations with first-half net profit of EUR128.8 million, and said there were signs that some recent market share losses were flattening out.
BP, Reliance Complete $7.2B Indian Natural Gas Alliance Τρι, 30 Αυγούστου 2011 - 17:18 BP PLC (BP) and Reliance Industries Ltd. (500325.BY) said Tuesday they have completed a $7.2 billion deal to explore for, distribute and market natural gas in India.
FirstEnergy: 280,000 Still Without Power In NJ, Pa., Md. Τρι, 30 Αυγούστου 2011 - 17:18 FirstEnergy Corp. (FE) said 280,000 customers in New Jersey, Pennsylvania and Maryland remain without power as a result of Hurricane Irene, which barreled up the East Coast over the weekend.
Greenpeace Blocks Construction Of Dutch RWE Power Plant Τρι, 30 Αυγούστου 2011 - 17:18 Environmental group Greenpeace Tuesday blocked the construction of German public utility company RWE AG's (RWE.XE) planned coal-fired power plant in the Netherlands.
Libya's Oil Exports To Support Oil Tanker Rates In 2012 Τρι, 30 Αυγούστου 2011 - 17:17 A restart of Libyan oil exports will lead to a renewed fixing of tankers, which should boost Mediterranean freight rates in 2012, Peter Sand, chief shipping analyst at The Baltic and International Maritime Council told Dow Jones Newswires Tuesday.
Gadhafi Still Able To Control And Command Troops - NATO Τρι, 30 Αυγούστου 2011 - 17:17 Moammar Gadhafi is still able to command and control his remaining troops even though the Libyan leader is on the run, a NATO spokesman said Tuesday, adding that his whereabouts are unknown.