English Edition

Czechs Plan Nuclear Push with a $25 Billion Project

Τετ, 26 Οκτωβρίου 2011 - 19:09

The Czech Republic is pushing ahead with a large-scale expansion of its nuclear-power industry despite increasing misgivings about atomic energy among its neighbors in Europe.

Russia Fin Min: Non Oil and Gas Share of GDP Higher in '11

Τετ, 26 Οκτωβρίου 2011 - 19:08

The share of profits from sectors outside of oil and gas in Russia's economy is expected to rise by more than a percentage point this year, Finance Minister Anton Siluanov said Wednesday.

Russia Urals Crude Exports to Rise in November

Τετ, 26 Οκτωβρίου 2011 - 19:08

Russia will export a total of 9.7 million metric tons of Urals crude in November, slightly up from 9.6 million tons in Ocotber, according to the preliminary loading program seen by Dow Jones Newswires Wednesday.

Chevron Starts Gas Output At $3.1B Thailand Platong II Project

Δευ, 24 Οκτωβρίου 2011 - 18:58

Chevron Corp.'s (CVX) Thailand unit has started natural gas production from the $3.1 billion Platong II project in the Gulf of Thailand, the company said Monday.

ITGI Pipeline To Cost EUR1.5-2 Billion -Energy Minister

Δευ, 24 Οκτωβρίου 2011 - 18:57

The Interconnector Turkey Greece Italy natural gas pipeline project, or ITGI, will cost between EUR1.5 billion and EUR2 billion and have a capacity of 10 billion cubic meters a year, Greek Energy Minister George Papaconstantinou said Monday.

Little Hope Of Iran Nuclear Talks Any Time Soon - EU Diplomats

Δευ, 24 Οκτωβρίου 2011 - 18:57

The European Union's foreign policy chief Catherine Ashton has urged Iran to reassure the world about the nature of its nuclear program, but there is little hope talks will resume any time soon, diplomats said Monday.

ConocoPhillips Wins 2 Cargoes Of Libyan Crude Oil In Tender -Trade

Δευ, 24 Οκτωβρίου 2011 - 18:56

Libya's National Oil Co. has sold two cargoes of crude oil to ConocoPhillips (COP) via tender, traders told Dow Jones Newswires Monday.

EDF CFO: Would Own 80% In Edison If New Offer Accepted

Δευ, 24 Οκτωβρίου 2011 - 18:56

French state-controlled power giant Electricite de France SA (EDF.FR) will own 80% directly and indirectly in Italian utility Edison SpA (EDN.MI) from 50% currently if its latest offer to Italian partners is accepted and the put option exercised as planned in three year's time, EDF's Chief Financial Officer Thomas Piquemal said Monday.

Bolivia Reaches Agreement With Amazon Protesters

Δευ, 24 Οκτωβρίου 2011 - 18:55

The Bolivian government and representatives of Amazon native protesters reached an agreement Monday ending two months of protests that have eroded support for President Evo Morales.

Energean Appoints New Exploration Director

Δευ, 24 Οκτωβρίου 2011 - 17:51

Energean Oil & Gas, an independent E&P company with operations in Greece and Egypt, announced today the appointment of Andrew Grosse to the position of Group Exploration Director. Andrew will also join the Board of Energean Oil & Gas with immediate effect.

Noble Energy CEO Admits Problems at Block 12 Well

Δευ, 24 Οκτωβρίου 2011 - 15:03

Unexpected technical problems have emerged in the Block 12 concession in Cypriot waters, admitsNoble Energy Inc. Chairman and CEO Charles Davidson. However, Davidson claims that these problems will not affect drilling chances for success.

ITGI Most Optimal for Azerbaijani Gas Exports to Europe

Δευ, 24 Οκτωβρίου 2011 - 15:02

Azerbaijan should express its feedback regarding export of Shah Deniz gas as immediately as it can. The statement came from Energy, Environment and Climate Change Minister of Greece Popu Konstantinos at a press conference on his visit to Azerbaijan.

EU Proposes New Legislation for Speeding Up and Financing New Energy Infrastructure

Δευ, 24 Οκτωβρίου 2011 - 14:35

The European Commission on Thursday proposed new EU legislation for speeding up and financing new energy infrastructure. “€9.1 billion of financial support from the EU budget for priority projects is substantially more money than was provided in the past”, said Christian Kjaer, Chief Executive Officer of the European Wind Energy Association (EWEA), referring to the Connecting Europe facility.