English Edition

Germany's EnBW To Sue Government Over Nuclear Tax

Παρ, 15 Ιουλίου 2011 - 18:25

German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) Friday said its nuclear power unit EnBW Kernkraft GmbH will file a lawsuit against the government over its tax on nuclear fuel rods.

Greece To Sell Controlling Stake In DEPA; Likely To Keep 10%

Παρ, 15 Ιουλίου 2011 - 18:25

The Greek government will sell a controlling stake in natural gas monopoly DEPA SA, but is likely to keep at least a 10% stake in the company, DEPA Chairman and Chief Executive Harry Sachinis said Friday.

BP Makes Voluntary Gulf Of Mexico Safety Commitments

Παρ, 15 Ιουλίου 2011 - 18:24

U.K. energy giant BP PLC (BP.LN) has vowed to hold itself to a higher set of deepwater drilling standards than those already prescribed by U.S. authorities as it aims to assure regulators it is ready to return to operations in the Gulf of Mexico following last year's Deepwater Horizon disaster and subsequent oil spill.

Azerbaijan Jan-Jun Oil Output -5.6% On-Year At 24M Tons

Παρ, 15 Ιουλίου 2011 - 18:23

Azerbaijan produced 23.89 million metric tons of crude oil in January to June, down 5.6% from the same period last year, the state statistics agency said Friday.

Azerbaijan's Socar May Buy Stake In Greece's DEPA

Παρ, 15 Ιουλίου 2011 - 16:18

Azerbaijan's state energy company Socar intends to buy a stake in Greek natural gas monopoly DEPA SA, the company's President Rovnaq Abdullayev said Friday.

Nord Stream Pipeline May be Extended says Putin

Παρ, 15 Ιουλίου 2011 - 16:14

Russia may build a third link in the Nord Stream gas pipeline intended to bring Russian natural gas to Germany on the Baltic seabed, Russian Prime Minister Vladimir Putin said on Friday.

BHP Billiton Swoops on Gas Firm Petrohawk for $12.1 billion

Παρ, 15 Ιουλίου 2011 - 16:13

Top global miner BHP Billiton will buy gas producer Petrohawk Energy Corp for $12.1 billion, ramping up its bets on the booming but environmentally controversial shale gas industry.

Bulgaria: South Stream Gas Pipeline will be Granted a Derogation by the EU Commission

Παρ, 15 Ιουλίου 2011 - 14:27

Bulgarian Energy Minister Traicho Traikov has expressed his confidence in the fact that the South Stream gas pipeline will be granted a derogation by the European Commission on third-party access requirements.

EIB is providing EUR 310 million to the Greek PPC for promoting Energy Efficiency

Παρ, 15 Ιουλίου 2011 - 14:25

The European Investment Bank is providing EUR 310 million to the Greek Public Power Corporation for promoting energy security and efficiency in Greece. The investment will add state-of-the-art, environment-friendly energy production and reinforced, extended and efficient electricity transmission and distribution networks throughout the country.

PPC: 15 Parties Qualify to the 2nd Phase of the Tender for the P/V Park in Kozani

Πεμ, 14 Ιουλίου 2011 - 16:27

PPC announced that 15 out of the 21 interested parties for the 200MW Photovoltaic Park project in Kozani have qualified to the second phase of the tender. J&P Avax, Metka and Ellaktor with TERNA Energy JVs are among the 15 companies that will be called to submit offers.

Bulgaria Must Step Up its Participation in Shale Gas Exploration and Production

Πεμ, 14 Ιουλίου 2011 - 14:29

Bulgaria, represented by the state-owned Bulgarian Energy Holding and Bulgargaz, must step up its participation in shale gas exploration and production, according to a host of local energy experts.

EU: Greece Needs to Recover Around €17 million from Aluminium of Greece

Πεμ, 14 Ιουλίου 2011 - 14:27

The European Commission has concluded that lower electricity tariffs granted in 2007-2008 by the Greek state-owned Public Power Corporation (PPC) to Aluminium of Greece conferred an undue advantage to the company, in breach of EU state aid rules. As result, Greece must recover the aid from the beneficiary.