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Bulgaria Seeks to Re-sell Russian gas

Bulgaria Seeks to Re-sell Russian gas

Δευ, 11 Ιουλίου 2011 - 15:04

Bulgaria seeks to introduce a clause in the new gas delievery contracts to be signed with Russia's gas major Gazprom envisioning re-sale of Russian gas to third countries, Economy Minister Traicho Traikov said, as quoted by Bulgarian National Radio on July 8 2011.

Iran Builds New Gas Pipeline

Iran Builds New Gas Pipeline

Δευ, 11 Ιουλίου 2011 - 15:03

Pakistan is to become a key buyer of Iranian natural gas at a time when relations with Washington are at their most strained in recent years. Work on extending the Iran-Pakistan gas pipeline will begin in the next six months and is set to be complete by 2014, according to Asim Hussain, the Pakistani natural resources minister.

IOBE Recommends a PPC Breakdown Into Subsidiaries

IOBE Recommends a PPC Breakdown Into Subsidiaries

Παρ, 8 Ιουλίου 2011 - 18:21

The non-merger of local banks and the proposal of splitting the Public Power Corporation along the lines of Italy’s Enel are among the eight key reforms that form the blueprint for Greece’s exit from the crisis prepared by the Foundation for Economic and Industrial Research (IOBE).

Vestas Confirms Conditional 100 MW Wind Turbine Order From US

Vestas Confirms Conditional 100 MW Wind Turbine Order From US

Παρ, 8 Ιουλίου 2011 - 18:19

Vestas Wind Systems A/S (VWS.KO), the world's largest wind turbine manufacturer, said Friday it has received an order for the delivery of 100 megawatts of installed power production capacity to a U.S. wind farm.

Enel, Sharp, STMicro Inaugurate Italy Photovoltaic JV Plant

Enel, Sharp, STMicro Inaugurate Italy Photovoltaic JV Plant

Παρ, 8 Ιουλίου 2011 - 18:18

Enel SpA (ENEL.MI), Sharp Corp. (6753.TO) and STMicroelectronics NV (STM) Friday inaugurated their Italian facility to produce photovoltaic panels for an initial total investment of almost EUR400 million as they target the growing solar renewable market.

GDF-Suez Says It Will Bid For French Wind Farm Tender

GDF-Suez Says It Will Bid For French Wind Farm Tender

Παρ, 8 Ιουλίου 2011 - 18:18

French energy company GDF-Suez (GDF.FR) said Friday it is teaming up with construction and concession company Vinci SA (DG.FR) and nuclear technology group Areva SA (AREVA.FR) to bid in a multibillion-euro French government tender for an offshore wind farm project.

Kuwait Oil Output May Rise To 2.7M B/D In July

Kuwait Oil Output May Rise To 2.7M B/D In July

Παρ, 8 Ιουλίου 2011 - 18:18

Kuwait could increase its crude production to about 2.7 million barrels a day in July, a Gulf oil official said Friday, suggesting a consumers' stockpile release hasn't hindered the producer's plans to boost output so far.

Oil and Gas Exploration Rights Granted in Bosnia-Herzegovina

Oil and Gas Exploration Rights Granted in Bosnia-Herzegovina

Παρ, 8 Ιουλίου 2011 - 18:17

Naftna Industrija Srbije AD said its joint venture in Bosnia-Herzegovina with OAO Zarubezhneft’s Neftegazinkor unit is to start oil and gas exploration after local authorities gave it a 28-year concession.

Total Eyes Role In Brazil Pre-Salt Resources Development

Total Eyes Role In Brazil Pre-Salt Resources Development

Πεμ, 7 Ιουλίου 2011 - 18:32

French oil and gas major Total SA (TOT) is "well prepared" to take part in the development of Brazil's pre-salt oil resources, Total's head of exploration and production, Yves-Louis Darricarrere, said Thursday.

Sinopec Bonded Bunker Fuel Sales Reach 200,000 Tons/Month

Sinopec Bonded Bunker Fuel Sales Reach 200,000 Tons/Month

Πεμ, 7 Ιουλίου 2011 - 18:32

China Petroleum and Chemical Corp. (SNP), better known as Sinopec, is quickly chipping away at PetroChina Co.'s (PTR) once dominant position in China's bunker fuel market as it expands to more ports and acquires more infrastructure.

China, North Korea To Boost Renewable Energy Cooperation

China, North Korea To Boost Renewable Energy Cooperation

Πεμ, 7 Ιουλίου 2011 - 18:31

China and North Korea signed an agreement Wednesday to share their experience and beef up cooperation in exploring and utilizing renewable energy, state-run Xinhua News Agency reported Thursday.

Several Firms Show Interest In New Iraq Oil Bidding Round

Several Firms Show Interest In New Iraq Oil Bidding Round

Πεμ, 7 Ιουλίου 2011 - 18:31

Several international companies have submitted documents to the Iraqi oil ministry to qualify them to take part in the country's fourth oil and gas licensing auction scheduled for January, one document and persons close to the ministry said Thursday.

2010 Global Renewable Energy Invest At Record $211 Bln

2010 Global Renewable Energy Invest At Record $211 Bln

Πεμ, 7 Ιουλίου 2011 - 18:31

Global investment in renewable energy rose nearly a third in 2010 compared with the previous year to a record $211 billion on large wind projects in China and small-scale roof-top solar installations in Europe, the United Nations Environment Program said Thursday in its annual report on the sector.