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BP Regaining Credibility, But Still Faces Near-term Problems

BP Regaining Credibility, But Still Faces Near-term Problems

Δευ, 17 Ιανουαρίου 2011 - 19:07

Two significant deals signed over the weekend for BP PLC (BP) to explore for oil and gas offshore Russia and Australia show that the company's recovery from the Gulf of Mexico oil spill is strengthening, said analysts and investors Monday.

Kozloduy N-Plant: China Said to Eye New Unit

Kozloduy N-Plant: China Said to Eye New Unit

Δευ, 17 Ιανουαρίου 2011 - 15:18

China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.

Barroso: Turkmenistan May Open Large Gas Reserves To Europe

Barroso: Turkmenistan May Open Large Gas Reserves To Europe

Παρ, 14 Ιανουαρίου 2011 - 17:29

Turkmenistan may open up "very large" natural gas reserves to Europe, as the continent seeks new supply routes from the Caspian region, the president of the European Commission, Jose Manuel Barroso, said Friday.

EU Invites Comments On Greeces Offer To Open Electricity Market

EU Invites Comments On Greece's Offer To Open Electricity Market

Παρ, 14 Ιανουαρίου 2011 - 17:29

The European Commission said Friday it wants interested parties to share their opinions on Greece's offer to grant access to 40% of lignite-fired electricity generation to competitors of state-owned electricity incumbent Public Power Corp. SA (PPC.AT).

Iran Says Ready To Build Trust On Nuclear Issue

Iran Says Ready To Build Trust On Nuclear Issue

Παρ, 14 Ιανουαρίου 2011 - 17:28

Iran's atomic chief Ali Akbar Salehi said Friday that Tehran was ready to adopt "any confidence-building measure" on its atomic programme as it opens two nuclear facilities to foreign dignitaries.

German Govt, Solar Industry In Talks On Extra Subsidy Cut

German Govt, Solar Industry In Talks On Extra Subsidy Cut

Παρ, 14 Ιανουαρίου 2011 - 17:27

Germany's government is in "very constructive" talks with the solar industry and government parties about additional cuts in solar energy subsidizes this year, environment ministry spokeswoman Christiane Schwarte said Friday.

Turkey Wants To Privatize Botas Contracts on Blue Stream - IHA

Turkey Wants To Privatize Botas Contracts on Blue Stream - IHA

Πεμ, 13 Ιανουαρίου 2011 - 16:53

Turkey wants to privatize the state-owned pipeline and gas company Botas's 6 billion cubic meters natural gas contracts with Russia on the Blue Stream pipeline, Turkish Energy Minister Taner Yildiz said Thursday, the Ihlas News Agency, or IHA, reports.

Oil To Avg $80 A Barrel In 2011, Says NBAD

Oil To Avg $80 A Barrel In 2011, Says NBAD

Πεμ, 13 Ιανουαρίου 2011 - 16:52

Gulf Cooperation Council economies energy prices will likely average $80 a barrel in 2011, says National Bank of Abu Dhabi, or NBAD, in a note Thursday. "The primary driver of the GCC economies remains energy prices. The average oil price (Dubai spot - roughly the relevant benchmark for the region) assumed for our projections for all GCC member states is $80 a barrel in 2011," the bank says.

EUs Barroso Seeks Gas Supplies In Azerbaijan

EU's Barroso Seeks Gas Supplies In Azerbaijan

Πεμ, 13 Ιανουαρίου 2011 - 16:51

The president of the European Commission, Jose Manuel Barroso, arrived in energy-rich Azerbaijan on Thursday for a visit aimed at securing Caspian Sea gas supplies for European Union countries.