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

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.

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

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.

Germanys Nuclear Exit To Slow RWEs Emission Reduction

Germany's Nuclear Exit To Slow RWE's Emission Reduction

Τετ, 13 Ιουλίου 2011 - 18:30

German utility RWE AG (RWE.XE) said late Tuesday Germany's nuclear exit will slow down its planned reduction of carbon dioxide emissions, implying it will have higher power generating costs than previously anticipated.

Japan PM Says Wants To Phase Out Nuclear Energy

Japan PM Says Wants To Phase Out Nuclear Energy

Τετ, 13 Ιουλίου 2011 - 18:30

Prime Minister Naoto Kan urged an about-face in Japan's energy policy Wednesday, saying he wants to phase out the use of nuclear power as the disaster at the Fukushima Daiichi plant has shown that the risks of atomic energy are too great.

Blast Hits Gas Pipeline in Deir al-Zour

Blast Hits Gas Pipeline in Deir al-Zour

Τετ, 13 Ιουλίου 2011 - 15:53

An explosion has hit a gas pipeline in north-eastern Syria, although production has not been affected, residents and officials said.

EIA Expects the Natural Gas Market to Begin Tightening in 2012

EIA Expects the Natural Gas Market to Begin Tightening in 2012

Τετ, 13 Ιουλίου 2011 - 15:52

World crude oil prices initially fell following the June 23 announcement by the International Energy Agency (IEA) that its member countries would release up to 60 million barrels from strategic reserves but then rose above the pre-announcement levels in late June and early July.

EDF To Delist Its EDF Energies Nouvelles Unit From July 21

EDF To Delist Its EDF Energies Nouvelles Unit From July 21

Τρι, 12 Ιουλίου 2011 - 18:36

French state-controlled utility Electricite de France (EDF.FR) will delist its renewable energy unit EDF Energies Nouvelles (EEN.FR) from the Paris stock market on July 21, it said in a filing to market regulator AMF Tuesday.

Iran Seeks Explicit Deal In Nuclear Row

Iran Seeks Explicit Deal In Nuclear Row

Τρι, 12 Ιουλίου 2011 - 18:36

Iran Tuesday signaled it wanted closer cooperation with the United Nations atomic watchdog but said the Vienna-based agency must agree to "explicit" guidelines on how to proceed to solve a nuclear row.