English Edition

US Oil Giant Says China Spill Worse Than First Thought

Πεμ, 4 Αυγούστου 2011 - 15:13

A massive oil spill off northeast China may be worse than first thought, the U.S. energy giant behind the leak said, after authorities ordered it to clean up the sea bed by Sunday.

Indian Oil Chairman: Expect To Make Payments To Iran This Month

Πεμ, 4 Αυγούστου 2011 - 15:13

Indian Oil Corp. (530965.BY) expects to make payments to Iran for crude oil purchases later this month, the chairman of the state-run refiner said Thursday.

Pendeli Monastery Investing in RES

Πεμ, 4 Αυγούστου 2011 - 13:40

With the support of the Church of Greece, Pendeli Monastery is planning an investment that is seen reaching as much as 1 billion euros in energy production through a photovoltaic park.

Croatian-Hungarian Interconnection Gas Pipeline Put Into Operation

Πεμ, 4 Αυγούστου 2011 - 11:11

Croatia's gas transportation system operator Plinacro and the Hungarian gas transportation operator on Wednesday transported the first quantities of natural gas via a newly-built interconnection gas pipeline.

Bulgaria Selects 5 Companies for N-Plant Stress Tests

Πεμ, 4 Αυγούστου 2011 - 11:10

Bulgaria has picked five companies to prepare the stress tests at the country's sole nuclear power plant in Kozloduy, a public procurement notice shows.

China Uranium Imports Down In 1st Half; Industry Awaits Nuclear Plan

Τετ, 3 Αυγούστου 2011 - 14:44

China's uranium imports fell 13% from a year earlier in the first half of the year after Beijing halted approvals of new nuclear-power plants in March following Japan's Fukushima nuclear crisis, the state-run China Daily reported Wednesday.

Tepco Compensation Support Plan Passes Japan Parliament

Τετ, 3 Αυγούστου 2011 - 14:43

A bill to help utility Tokyo Electric Power Co. (9501.TO) meet expected massive claims over the Fukushima Daiichi nuclear accident became law Wednesday, with both ruling and opposition party support.

Gazprom Neft Posts Surge In Net Profit

Τετ, 3 Αυγούστου 2011 - 14:43

OAO Gazprom Neft (SIBN.RS), Russia's No. 5 oil producer, Wednesday said net profit for the second quarter totaled $1.17 billion, a 56% increase from a year earlier, driven by increased sales volumes and higher crude and petroleum prices.

China Set To Explore Indian Ocean Seabed

Τετ, 3 Αυγούστου 2011 - 14:43

China has won the right to explore for minerals in part of the Indian Ocean as the energy-hungry country scours the world for resources to fuel its fast-growing economy, state media said Wednesday.

Suzlon Energy Expects Robust Demand For Wind Projects In India

Τετ, 3 Αυγούστου 2011 - 14:42

Suzlon Energy Ltd. (532667.BY) expects robust demand for wind power projects in India for the next few years and is ramping up its project execution capabilities to meet the demand, its chairman said Wednesday.

DEPA Pretax Profits Soar 87 Percent

Τετ, 3 Αυγούστου 2011 - 13:51

DEPA, Greece’s natural gas supplier, said Monday first half pretax profit jumped 87% as sales increased amid higher demand. Pretax profit reached 129.3 million euros, from 69,2 million in the first six months of 2010, the Athens-based company reported.