English Edition

S Korea To Release 3,467,000 Barrels Of Oil From Reserve

Πεμ, 23 Ιουνίου 2011 - 17:38

South Korea has decided to release a total 3,467,000 barrels from its emergency reserve in coordination with the International Energy Agency, to help stabilize the global oil market, the Ministry of Knowledge Economy said Thursday.

US To Release 30M Barrels Of Oil From Petroleum Reserves

Πεμ, 23 Ιουνίου 2011 - 17:38

The Obama administration on Thursday said it would release 30 million barrels of oil from its strategic petroleum reserves to offset disruption caused by unrest in the Middle East--a move that caught some by surprise.

«South East Europe Energy Outlook», IENE’s Major Reference Study Was Presented in Bucharest

Πεμ, 23 Ιουνίου 2011 - 16:41

Bucharest , Romania’s capital was the venue for the second special event which was organised by the Institute of Energy for South East Europe (IENE) on June 22nd for the presentation of the major reference study conducted by the Institute, the “South East Europe Energy Outlook ”. The presentation focused on key areas of the study including the investment prospects of the energy sector in the whole SE European region. A selected audience of Romanian policy makers, business executives, energy experts, as well as IENE members and associates and contributors to the study were present in this special IENE event

Conergy Greece: Second Megawatt Solar Park Deal Closed Within Two Weeks

Τετ, 22 Ιουνίου 2011 - 16:47

After the 1.5 megawatt big solar park in Arta, Conergy continues its course in the Greek solar market. The Hamburg based solar expert builds its second megawatt project in Greece within just two weeks. The new 2 megawatt power plant is located in Grevena (Pylori), 200 kilometers west of Thessaloniki.

Bulgaria Stages Emergency Electricity Exports to Greece over Strike

Τετ, 22 Ιουνίου 2011 - 16:46

Bulgaria's Electricity System Operator (ESO) has carried out an emergency export of electricity to Greece at the request of its Greek counterpart HTSO because of a strike at Greece's Public Power Corporation DEI.

RWE First German Utility To Sue Over Nuclear Fuel Tax

Τετ, 22 Ιουνίου 2011 - 16:44

Utility RWE AG (RWE.XE) said Wednesday it has filed a lawsuit against the German government over its nuclear fuel tax, starting what is expected to be a series of claims against the government's levy and recent atomic energy policy shift.

Kuwait Targets 4M B/D Output Capacity In 2020

Τετ, 22 Ιουνίου 2011 - 16:44

Kuwait is targetting an output capacity of 4 million barrels a day in 2020, the head of the Kuwait Oil Co. said Wednesday.

EU Presents New Law To Meet 2020 Energy Efficiency Target

Τετ, 22 Ιουνίου 2011 - 16:43

The European Commission proposed Wednesday a new law pushing public administrations and private companies to reduce energy consumption, aimed at putting the European Union on track to reducing energy use by 20% by 2020.

Iraq May Oil Revenue At $7.47 Billion, Highest Ever

Τετ, 22 Ιουνίου 2011 - 16:43

Sales from Iraqi crude oil exports in May totaled $7.47 billion, the highest monthly revenue registered since Iraq started exporting its oil decades ago, the Iraqi oil ministry said in a statement Wednesday.

Iran Deputy Oil Minister Attacked But Unharmed In Iraq

Τετ, 22 Ιουνίου 2011 - 16:43

An Iranian deputy oil minister and his delegation came under attack in Baghdad Wednesday but were unharmed and able to clinch a gas oil contract, Iraqi and Iranian official sources said.

Oman Oil Minister: BP Could Invest $15 Bln In 300 Gas Wells

Τετ, 22 Ιουνίου 2011 - 16:42

BP PLC (BP) could invest $15 billion building 300 natural gas wells in Oman if results from three test wells prove viable, Oman's Oil and Gas Minister Hamad Bin Saif al Ruhmy said Wednesday.

IENE’s Roadshows for the Promotion of the «South East Europe Energy Outlook» Study Commenced With Sofia Presentation

Τρι, 21 Ιουνίου 2011 - 15:30

In a special event which was organised yesterday (20/06) in Sofia, Bulgaria, by the Institute of Energy for South East Europe (IENE), the major reference study conducted by the Institute, “The South East Europe Energy Outlook” , was presented to a selected audience of policy makers and energy professionals.

Azerbaijan May Turn to LNG if Nabucco Rates Are High, Socar Says

Τρι, 21 Ιουνίου 2011 - 14:04

Azerbaijan may turn to a liquefied natural gas project if proposed rates via the planned Nabucco pipeline and competing links to Europe are too expensive, ANS television reported.