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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.

Eni Signs Libya Agreement, Paving Way To Restart Of Operations

Δευ, 29 Αυγούστου 2011 - 18:51

Italy's energy giant Eni SpA (E) said Monday it signed a memorandum with the Libyan National Transitional Council, or NTC, that strengthens co-operation in the country and paves the way to the restart of Eni's oil and gas operations there.

Iraq Contract May Force Oil Majors To Cede Gas To Shell

Δευ, 29 Αυγούστου 2011 - 18:50

Oil companies including BP PLC (BP), Exxon Mobil Corp. (XOM), Eni SpA (E) and China National Petroleum Corp. could have to surrender most of the gas they extract from Iraq's southern fields to a project led by Royal Dutch Shell PLC (RDSA), Reuters reported Monday, citing a "final draft contract" between the Iraqi government and the U.K. giant.

EU Reaches In-principle Agreement On Syrian Oil Ban - Diplomats

Δευ, 29 Αυγούστου 2011 - 18:50

The European Union reached an agreement in principle Monday to ban oil imports from Syria to punish the regime for its brutal crackdown on protesters, diplomats said.

Saudi Says It Remains Target For Terrorism

Δευ, 29 Αυγούστου 2011 - 18:50

Saudi Interior Minister Prince Nayef bin Abdulaziz said in comments published on Monday that terrorism remains a threat for the Sunni Gulf kingdom and accused Shiite Iran of targeting it.

Etrion Completes 10 MW Solar Project in Italy

Δευ, 29 Αυγούστου 2011 - 18:49

Etrion Corporation, an independent solar power producer, announces the completion of the Helios ITA-3 solar project in Puglia, Italy. The Helios ITA-3 solar project has a total capacity of 10 megawatts ("MW") and is expected to produce 16.8 million kilowatt hours ("kWh") of clean electricity and 5.0 million euros of earnings before interest, taxes, depreciation and amortization ("EBITDA") per year.