English Edition

China To Limit Corn Use In Biofuel, Other Non-Feed Projects

Τρι, 26 Απριλίου 2011 - 17:25

China will limit alcohol, biofuel and other non-animal-feed projects that use grain and edible oils as raw materials in an effort to secure grain supplies, China's top economic planner said Tuesday.

Medvedev Proposes New Global Convention For Nuclear Safety

Τρι, 26 Απριλίου 2011 - 17:25

Russian President Dmitry Medvedev said Tuesday he had drawn up proposals for a new convention on nuclear safety, 25 years on from the Chernobyl disaster.

Eni's 2011 Output From Libya Seen Sharply Lower

Τρι, 26 Απριλίου 2011 - 17:24

Eni's (E) hydrocarbon production from Libya is expected to show a significant fall this year as a result of the military conflict there, says Bernstein Research.

PM Berlusconi Hopes Italy Nuclear Project To Resume In 1-2 Years

Τρι, 26 Απριλίου 2011 - 17:24

Italian Prime Minister Silvio Berlusconi said Tuesday he hopes the country will resume its nuclear comeback in a year or two after the government introduced a 12-month moratorium because of the atomic crisis in Japan.

Russia Faces Oil Quality Problems - State Study

Τρι, 26 Απριλίου 2011 - 17:23

The quality of Russian crude is deteriorating sharply, with the world's largest oil producer also doing a poor job replenishing depleting reserves, a government study warned Tuesday.

Dubai Considers Potential for Gas Hub

Τρι, 26 Απριλίου 2011 - 15:20

Delegates at Dubai’s Global Energy Forum have learned that state-owned Dubai Supply Authority (Dusup) is considering the possibility of establishing a natural gas trading hub in the Emirate.

Libya: NOC Protests Over Qatar's Role in Rebel Oil Sales

Τρι, 26 Απριλίου 2011 - 15:20

The chairman of Libya's National Oil Corp. sent a letter of protest to the Organization of Petroleum Exporting Countries about the help fellow member Qatar is giving to Libyan rebels with sales of oil.

LUKOIL Bulgaria May Extend Freeze on Retail Fuel Prices

Τρι, 26 Απριλίου 2011 - 15:19

Russia's Lukoil, owner of Bulgaria's only oil refinery, may agree to extend the one-month freeze on retail fuel prices, which expired during the Easter holidays, according to insiders.

Pilot Power Push for Households

Παρ, 22 Απριλίου 2011 - 11:49

Based on an agreement signed on Thursday, about 1,000 households will be able to upgrade the energy efficiency of their home, without paying up front for it, as the payment of the investment will be spread over time and made every two months via electricity bills.

Chevron Tries In US Court To Block Ecuador Ruling

Παρ, 22 Απριλίου 2011 - 11:49

Chevron Corp. (CVX) on Thursday said it has filed an amended complaint in a New York federal court to block enforcement and recognition of a multibillion-dollar ruling against the energy giant, alleging further fraud and corruption in the case.

Rosneft, Lukoil Agree To Joint Offshore-Exploration Deal

Παρ, 22 Απριλίου 2011 - 11:48

Russian state oil champion OAO Rosneft (ROSN.RS) and the country's biggest private oil producer, OAO Lukoil Holdings (LKOH.RS), on Thursday signed a long-term cooperation deal that includes offshore exploration in Russian Arctic waters.

US Oil Rig Count Tops Gas For First Time Since 1995 - BHI

Παρ, 22 Απριλίου 2011 - 11:48

There were more drilling rigs seeking crude oil than natural gas in the U.S. this week for the first time since 1995, Baker Hughes Inc. (BHI) said, as companies look to take advantage of soaring oil prices.

Japan METI: To Offer Y10 Bln To Promote In-House Power Generation

Παρ, 22 Απριλίου 2011 - 11:48

The Ministry of Economy, Trade and Industry said Friday that it plans to earmark Y10 billion to subsidize in-house power generation by large-scale power users as part of efforts to narrow a power supply-demand gap expected this summer in areas hit by last month's massive earthquake and tsunami.