English Edition

Bin Laden Death Reinforces Calls Of Quicker US Pullout From Afghanistan

Δευ, 2 Μαΐου 2011 - 17:05

The death of Osama bin Laden is reinforcing calls for a quicker pullout of U.S. troops from Afghanistan and strengthening pressure to end America's longest war by finding a political settlement with the resilient Taliban insurgency.

GDF Suez To Supply 2.5M Tons Of LNG To Petronas Over 3.5 Yrs

Δευ, 2 Μαΐου 2011 - 17:04

French utility giant GDf Suez SA (GSZ.FR) Monday said it signed a contract to supply 2.5 million liquefied natural gas, or LNG, to Malaysia state-owned oil and gas firm Petrolian Nasional Bhd, also known as Petronas, over a period of 3 years and six months.

GDF Suez: 1Q Revenue Up 6.9% On Year To EUR25.5 Bln

Δευ, 2 Μαΐου 2011 - 17:04

French giant utility GDF Suez SA (GSZ.FR) Monday said its first-quarter total revenue rose 6.9% on year to EUR25.5 billion.

Siemens Profit To Jump On Areva Stake Gain, Strong Order Book

Δευ, 2 Μαΐου 2011 - 17:03

German industrial conglomerate Siemens AG (SI) Wednesday is set to report a significant increase in net profit on a one-time gain from the sale of a minority stake in nuclear-power venture Areva NP, while its sales pipeline is set to benefit from the continuing rebound across its business lines.

Edison International 1Q Net Down 14% On Loss In Mission Group

Δευ, 2 Μαΐου 2011 - 17:03

Edison International's (EIX) first-quarter profit fell 14% on lower-than-expected revenue as decreased earnings at the company's competitive power generation business offset higher results from its Southern California Edison utility.

Croatia Cannot Wait Much Longer for a Decision on Adriatic LNG Terminal- Energy Official

Παρ, 29 Απριλίου 2011 - 17:20

Croatia cannot wait much longer for a decision on the northern Adriatic liquefied natural gas (LNG) terminal and is ready to move on its own, its top energy official said on Thursday.

FYROM: Hydro Power Plant Sv.Petka Expected to Be Put Into Use by the End of 2011

Παρ, 29 Απριλίου 2011 - 17:20

FYR Macedonian Power Plants (ELEM) director Vlatko Cingovski expects hydro power plant "Sv.Petka" to be put into use by the year-end.

Rosneft Leaps to Profits Record

Παρ, 29 Απριλίου 2011 - 17:19

Soaring oil prices and cost-cutting efforts lifted Russian state-owned oil company Rosneft to record profits in the first quarter.

China May Face 30-GW Power Shortage This Summer

Παρ, 29 Απριλίου 2011 - 17:17

China will likely face an electricity shortfall of about 30 gigawatts this summer--and the supply gap could expand further if temperatures soar and thermal coal supplies become tight, the China Electricity Council said.

EDF Energies Nouvelles 1Q Revenue Falls 5.3% To EUR235M

Παρ, 29 Απριλίου 2011 - 17:16

EDF Energies Nouvelles (EEN.FR) announced consolidated revenues of EUR235 million for the first quarter of 2011, down 5.3% compared with the first quarter of 2010.

Total CFO: SunPower Is Ideal Partner

Παρ, 29 Απριλίου 2011 - 17:16

U.S.-based solar panel maker SunPower (SPWRA) is the ideal partner for French oil major Total SA (TOT), which was looking for a partner to expand into the solar energy business, the French company's Chief Financial Officer Patrick de la Chevardiere said Friday.

Brazil Petrobras Announces New Oil Discovery In Campos Basin Pre-Salt

Παρ, 29 Απριλίου 2011 - 17:16

Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, announced late Thursday the discovery of a new oil accumulation in the Campos Basin pre-salt, in the Albacora field, 107 kilometers off the coast.

Russian Oils To Lose $4B On Higher Gasoline Tax

Παρ, 29 Απριλίου 2011 - 17:15

Russian oil companies will lose around $4 billion over the next eight months, should the government increase the export duty for petrol to 90%, says VTB

Chevron 1Q Net Surges 36% On Higher Oil Prices, Refining Margins

Παρ, 29 Απριλίου 2011 - 17:15

Chevron Corp.'s (CVX) first-quarter earnings rose 36% as the second-largest U.S. oil company's results benefited from high oil prices and stronger refining margins.

Noble Energy 1Q Profit Sinks On Charges; Adjusted Net Beats Views

Πεμ, 28 Απριλίου 2011 - 17:44

Noble Energy Inc.'s (NBL) first-quarter profit dropped 94% on losses from derivatives and other charges, while adjusted earnings grew on higher oil prices. The core results beat Wall Street expectations.

EDF: Owns 7.2% In Constellation Energy; 49.9% Of Nuclear Assets

Πεμ, 28 Απριλίου 2011 - 17:44

French state-controlled power group Electricite de France SA (EDF.FR) owns 7.2% of U.S.-based Constellation Energy Group (CEG), the group noted Thursday after U.S. electricity company Exelon Corp. (EXC) announced it agreed to buy Constellation in a stock-for-stock deal valued at about $8 billion.