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NOAA Scientists Cleared in Climate Email Review

NOAA Scientists Cleared in Climate Email Review

Δευ, 28 Φεβρουαρίου 2011 - 15:09

U.S. officials on Thursday cleared scientists of charges that they manipulated data about climate change in e-mails that were stolen from a British university in 2009, triggering a climate scandal.

RWE Down On 2011 Outlook, E.ON Trades Lower

RWE Down On 2011 Outlook, E.ON Trades Lower

Παρ, 25 Φεβρουαρίου 2011 - 17:41

Utilities E.ON (EOAN.XE) and RWE (RWE.XE) are trading lower Friday due to RWE's weak 2011 outlook from Thursday, a trader says, adding better sales prospects haven't been on RWE's horizon for a long time. But a price-to-earnings ratio well-below 10 isn't justified, another trader says.

Enel CEO: 2011 Target To Reduce Debt; Cash Flow To Stay High

Enel CEO: 2011 Target To Reduce Debt; Cash Flow To Stay High

Παρ, 25 Φεβρουαρίου 2011 - 17:41

Italian electronic operator Enel SpA's (ENEL.MI) objective this year is to further reduce its net debt after managing to reach its target at the end of 2010 said Chief Executive Fulvio Conti, Friday.

Saudi Arabia Alone Can t Reverse Oil Rise

Saudi Arabia Alone Can t Reverse Oil Rise

Παρ, 25 Φεβρουαρίου 2011 - 17:40

Saudi Arabia's ride to the rescue of global oil markets may be hobbled at birth. The kingdom may have plenty of spare production capacity, but its oil isn't as high quality as Libya's. So while Saudi willingness to ramp up output has taken the froth off headline oil prices, a full reversal of the sharp rise this week is contingent on a more settled outlook for Libya.

IEA Sees Oil Markets Well Supplied In Spite Of Libya

IEA Sees Oil Markets Well Supplied In Spite Of Libya

Παρ, 25 Φεβρουαρίου 2011 - 17:40

The turmoil in Libya won't disrupt the relatively comfortable supply situation in global oil markets in the first half of this year, a senior analyst with the International Energy Agency said Friday, one day after the agency opted against tapping strategic stocks in response to the significant outages in Libya.

Spain: Energy Supply Not At Risk From North Africa Turmoil

Spain: Energy Supply Not At Risk From North Africa Turmoil

Παρ, 25 Φεβρουαρίου 2011 - 17:39

Spain's energy supply isn't at risk, but the government will take a number of energy saving measures as turmoil in North Africa sends oil prices soaring, government spokesman Alfredo Perez Rubalcaba said Friday.

Libya Instability Should Buoy US Dollar, Energy Expert Says

Libya Instability Should Buoy US Dollar, Energy Expert Says

Παρ, 25 Φεβρουαρίου 2011 - 17:39

Rising oil prices often depress the value of the U.S. dollar, but political instability in Libya and other countries is likely to buoy the U.S. currency, said Daniel Yergin, chairman of IHS Cambridge Energy Research Associates.

Putin Outwits EUs South Stream Opponents

Putin Outwits EU's South Stream Opponents

Παρ, 25 Φεβρουαρίου 2011 - 16:28

On the sidelines of Russian Prime Minister Vladimir Putin's visit to Brussels yesterday (24 February), Moscow won the European Union's blessing to hold a promotional Brussels event to showcase the South Stream gas pipeline, which is largely seen as a competitor to the EU-favoured Nabucco pipeline.

Repsol: Libya Output Around 50% As Profit Doubles

Repsol: Libya Output Around 50% As Profit Doubles

Πεμ, 24 Φεβρουαρίου 2011 - 16:58

Spain's Repsol YPF SA (REP) Thursday said it is managing to maintain production at its Libyan oilfields at around 50% capacity--despite violent clashes in the North African country--but still expects earnings this year to suffer a knock-on effect.

NATO Has No Plans To Intervene In Libya - Rasmussen

NATO Has No Plans To Intervene In Libya - Rasmussen

Πεμ, 24 Φεβρουαρίου 2011 - 16:58

The North Atlantic Treaty Organization has no plans to intervene in the unrest in Libya and has received no request to do so, Secretary General Anders Fogh Rasmussen said after talks in Ukraine Thursday.

Lukoil 2010 Proven Reserves Fall To 17.3B BOE

Lukoil 2010 Proven Reserves Fall To 17.3B BOE

Πεμ, 24 Φεβρουαρίου 2011 - 16:57

Russia's biggest independent oil producer OAO Lukoil Holdings (LKOH.RS) said Thursday its proven reserves fell to 17.3 billion barrels of oil equivalent at the end of 2010.

Russias Putin Concerned About EU Energy Package

Russia's Putin Concerned About EU Energy Package

Πεμ, 24 Φεβρουαρίου 2011 - 16:56

Russian Prime Minister Vladimir Putin clashed with European Commission President Jose Manuel Barroso Thursday on an energy package the European Union is currently implementing.