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EDF Launches Tender Offer For EDF Energies Nouvelles

Παρ, 8 Απριλίου 2011 - 17:19

French state-controlled power giant Electricite de France SA (EDF.FR) Friday said it will launch a tender offer for the shares it doesn't own in renewable energy-focused unit EDF Energies Nouvelles SA (EEN.FR), representing 50% of the company's capital, at EUR40 a share in cash or alternatively exchanging 13 EDF shares for 11 EDF Energies Nouvelles shares.

Oil Tanker Irene SL Freed From Somali Pirates

Παρ, 8 Απριλίου 2011 - 17:19

Somali pirates released the Greek-owned oil tanker "Irene SL" late Thursday after 58 days in captivity, the vessel's manager said.

Bulgaria Interested in Carrying Out Major Energy Projects

Παρ, 8 Απριλίου 2011 - 13:08

Bulgaria is interested in carrying out major energy projects as long as they are financially viable and meeting all security requirements, said late on Wednesday in Moscow Energy Minister Traicho Traikov at a meeting of the Bulgarian-Russian intergovernmental commission for economic, scientific and technical cooperation.

Medvedev Fires Kremlin International Energy Envoy

Παρ, 8 Απριλίου 2011 - 13:08

Russian President Dmitry Medvedev has dismissed Igor Yusufov as the Kremlin envoy for international energy cooperation.

GE Bets $600 Million on Solar, Sees Plant Up by 2013

Παρ, 8 Απριλίου 2011 - 13:07

General Electric Co made a big push in solar power, saying it will invest $600 million to build a new factory as it pursues what it thinks could be an up to $3 billion business by 2015.

NATO Denies Bombing Libya's Biggest Oil Field

Πεμ, 7 Απριλίου 2011 - 17:55

The North Atlantic Treaty Organization Thursday denied bombing Libya's biggest oil field after accusations from Moammar Gadhafi's regime, saying fires at the Al-Sarir field were more likely to be linked to skirmishes in the region.

Repsol Adds To Hunt For Offshore Oil In Colombia

Πεμ, 7 Απριλίου 2011 - 17:54

Colombia's state-controlled oil company Ecopetrol (ECOPETROL.BO) reached a deal with Repsol YPF SA (REP.MC) for the Spanish oil major to participate in two more offshore exploration projects in the Caribbean.

Japan May Enlarge Evacuation Zone, Nitrogen Injection Continues

Πεμ, 7 Απριλίου 2011 - 17:54

Japan may look to extend the evacuation zone around the quake-damaged Fukushima Daiichi nuclear power plant, the government's top spokesman said Thursday, as towns and villages around the plant continued to feel the impact of a radiation fallout, even after the plant itself showed signs of moving toward stability.

ERG Interested In Rebels' Libyan Oil If Rules Clear

Πεμ, 7 Απριλίου 2011 - 17:54

ERG SpA (ERG.MI) is interesting in buying oil again from Libya, including crude sold by the rebels fighting Col. Moammar Gadhafi, as long as it does so under clear rules, said the chief executive in an interview Thursday.

Areva NP Offices Searched In Suspected Bribery Case

Πεμ, 7 Απριλίου 2011 - 17:53

German prosecutors said Thursday they are conducting an investigation against one current and four former employees of nuclear-power company Areva NP, as well as three consultants, in a case linked to possible bribery and breach of trust.

Novatek 1Q Natural Gas Output Up 35% To 13.43 BCM

Πεμ, 7 Απριλίου 2011 - 17:53

Russia's second-biggest natural gas producer OAO Novatek (NVTK.RS), part-owned by France's Total SA (TOT), Thursday said its gas output in the first quarter rose 35% from a year earlier to 13.43 billion cubic meters.

5% of World's Gas Wasted in Flaring

Τετ, 6 Απριλίου 2011 - 17:58

General Electric, ranked by Forbes as the second largest company in the world after JPMorgan Chase, has released a study warning that 5% of the world's natural gas production is wasted by burning or 'flaring' unused gas.

World Bank Approves Loan for FYROM's Power Transmission System Operator

Τετ, 6 Απριλίου 2011 - 17:57

The World Bank’s Board of Executive Directors approved on Monday US$19.1 Million of additional financing for the Energy Infrastructure Improvement Project, as part of the broader Energy Community of South East Europe Project, aims to support the functioning of FYR Macedonian Power Transmission System Operator (MEPSO) in the context of the regional power market.