English Edition

PPC to Sell Up to 49 pct of Network

Παρ, 11 Μαρτίου 2011 - 18:53

Greece plans to sell to investors up to 49 percent of power company PPC’s transmission operations as part of plans to deregulate the energy market.

Norway Opens Way To Barents Sea Oil Exploration, But Not Lofoten

Παρ, 11 Μαρτίου 2011 - 17:39

Norway's ruling three-party coalition Friday announced it will carry out an assessment of the environmental impact of exploring for oil and gas in the Barents Sea but said it will delay the start of a study in the Lofoten archipelago of the Norwegian Sea, reaching a compromise on a controversial issue.

Insurgents Hold Libyan Town, Encircled By Troops - Witness

Παρ, 11 Μαρτίου 2011 - 17:39

Insurgents Friday held the Libyan town of Misrata, 150 kilometers east of Tripoli, but the situation was "catastrophic" and troops encircled the town, a witness said.

Brazil Petrobras: Japan Refinery Operations Normal After Quake

Παρ, 11 Μαρτίου 2011 - 17:39

Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said Friday that its refinery in Japan was operating normally after an 8.9 magnitude temblor struck the country.

Areva, Rolls-Royce Sign Partnership On EPR Nuclear Reactor Program

Παρ, 11 Μαρτίου 2011 - 17:38

French state-controlled nuclear engineering group Areva SA (CEI.FR) Friday signed a strategic partnership for its nuclear reactor program with U.K. power systems provider Rolls-Royce Group PLC (RR.LN).

Japan Earthquake Could Draw More Fuel Imports

Παρ, 11 Μαρτίου 2011 - 17:38

The devastating earthquake in Japan could force the country to shut down some nuclear power plants for a while to make sure they can be operated safely and that could create a need to import oil products to produce electricity, RBC Capital analyst Jacques Rousseau says.

Novatek 4Q Net Profit Up 29% In Line With Estimates

Παρ, 11 Μαρτίου 2011 - 17:37

Russia's biggest independent gas producer, OAO Novatek (NVTK.RS), Friday said fourth-quarter net profit rose 29% driven by growing gas production, rising prices and increasing domestic market share.

Russia Considers LNG Alternative to South Stream

Παρ, 11 Μαρτίου 2011 - 16:05

Russian Prime Minister Vladimir Putin yesterday (9 March) ordered an investigation into the possibility of building an LNG plant on the Black Sea coast, casting fresh doubts over the viability of Russia's South Stream gas pipeline.

CCS Projects Spread from Europe to US

Παρ, 11 Μαρτίου 2011 - 16:04

More projects aimed at capturing greenhouse gases from power plants and factories were built in 2010, as the focus of the industry shifted from Europe to the US, according to a new report by the Global CCS (Carbon Capture and Storage) Institute.

Iraq Oil Flow To Turkey To Stay Suspended For 4-5 Days -Official

Πεμ, 10 Μαρτίου 2011 - 17:46

Crude oil flow from Iraq's northern oil fields to Turkey's export Ceyhan terminal will remain suspended for the next four to five days following a bomb attack on the export pipeline early Wednesday, an official with the state-run North Oil Company said Thursday.