English Edition

Obama To Speak On Energy Policy

Τετ, 30 Μαρτίου 2011 - 16:34

President Barack Obama, under pressure to respond to rising gas prices, will outline Wednesday a series of initiatives to cut the nation's reliance on foreign oil, including new initiatives to expand oil production, increase the use of natural gas to power vehicles and increase production of ethanol.

China, France To Boost New Energy, Nuclear Safety Cooperation

Τετ, 30 Μαρτίου 2011 - 16:34

Chinese President Hu Jintao and French President Nicolas Sarkozy agreed to boost cooperation in areas including new energy, "new materials" and especially nuclear safety during a meeting between the two leaders, Chinese state television reported Wednesday.

Qatar Oil Min Says No Need For OPEC Crisis Meeting Yet

Τετ, 30 Μαρτίου 2011 - 16:33

Qatar's oil minister said Wednesday there is no need for Organization of Petroleum Exporting Countries to call an emergency meeting to address the present crude oil price, which has hovered above the $100-a-barrel mark for most of the month.

Iberdrola To Price EUR750M 6-Year Bond At Swaps +1.43

Τετ, 30 Μαρτίου 2011 - 16:33

Spanish utility Iberdrola SA (IBE.MC) has set final price guidance on its EUR750 million, six-year bond at 143 basis points above midswaps, one of the banks leading the sale said Wednesday.

Medvedev Asks Gazprom, Transneft To Cut Costs By Minimum 10%

Τετ, 30 Μαρτίου 2011 - 16:33

Russian President Dmitry Medvedev Wednesday asked gas firm OAO Gazprom (GAZP.RS), oil pipeline operator OAO Transneft (TRNFP.RS) and other state companies to cut costs by no less than 10% a year.

Libya Says Will Sue Over Energy Deals Struck With Rebels

Τετ, 30 Μαρτίου 2011 - 16:33

Libya on Wednesday said it would sue any international companies which strike energy deals with rebels, Reuters reported on its website, citing a government statement carried by Libya's Jana news agency

Terna to Invest $346 mln in US Wind Parks

Τετ, 30 Μαρτίου 2011 - 15:26

Terna Energy, one of Greece’s largest providers of renewable energy, will acquire 10 US companies with licenses to build wind parks generating 178 megawatts (MW) of power in a $346 million (246-million-euro) investment, the company said on Tuesday.

Turkey's Calik Enerji, Iraq Sign $388.5M Gas Plant Deal

Τρι, 29 Μαρτίου 2011 - 18:01

Turkish energy firm Calik Enerji has signed a $388.5 million deal to build a natural gas plant near Mosul, Iraq, the company said Tuesday, the Ihlas News Agency, or IHA, reported.

UK Has GBP10B Chance To Recycle Spent Nuclear Fuel

Τρι, 29 Μαρτίου 2011 - 18:00

The U.K. has an economic opportunity of up to GBP10 billion in converting its legacy stockpiles of spent nuclear fuel into fuel for use in new nuclear reactors, generating jobs and revenues while reducing the waste disposal costs to the taxpayer, a report from the Smith School of Enterprise and the Environment said Tuesday.

Areva: Fukushima Won't Affect Global New Nuclear Build

Τρι, 29 Μαρτίου 2011 - 18:00

New builds of nuclear reactors around the world may be delayed to integrate amended safety standards due to the Fukushima accident, but "there is no question outside of Japan to cancel new build programs or stop current constructions," French state-controlled nuclear engineering firm Areva SA (CEI.FR) believes, according to an internal document read by Dow Jones Newswires Tuesday.

Iraq, Shell Resolve Last Obstacle To $12 Bln Gas Deal

Τρι, 29 Μαρτίου 2011 - 18:00

The Iraqi Oil Ministry and Royal Dutch Shell PLC (RDSB) have resolved the last obstacle that was preventing them from signing a long-awaited $12 billion joint-venture deal, a senior Iraqi oil official said Tuesday.

India To Strengthen Nuclear Regulatory Body, Boost Transparency - PM

Τρι, 29 Μαρτίου 2011 - 17:59

India will strengthen the Atomic Energy Regulatory Board in to a more autonomous and independent body and boost accountability and transparency in the functioning of the country's nuclear power plants, Prime Minister Manmohan Singh said Tuesday.

Obama To Outline Energy Security Plan Wednesday

Τρι, 29 Μαρτίου 2011 - 17:59

President Barack Obama on Wednesday will outline his plan for America's energy security, a move that comes as political unrest in the oil-rich Middle East has driven gas prices upward.

Areva: Tepco Asked EDF, Areva, French Nuclear Agency For Support

Δευ, 28 Μαρτίου 2011 - 16:36

French state-owned nuclear giant Areva SA (CEI.FR) Monday said it has received a request for support from Japanese operator Tokyo Electric Power Co. (9501.TO) which has been battling to avoid radiation leaks at its earthquake- and tsunami-hit Fukushima Daiichi plant for over two weeks.

Tokyo Radiation Level In Air Improves, Iodine Not Found In Water

Δευ, 28 Μαρτίου 2011 - 16:36

Radiation levels in the air in downtown Tokyo fell slightly Monday, while no radioactive iodine was detected in samples of the city's water.

Peak Oil Could Come By 2020 Amid Political Forces

Δευ, 28 Μαρτίου 2011 - 16:36

Peak oil may be coming as soon as 2020, but it won't be driven by a lack of oil in the ground, said Suncor (SU) CEO Rick George at a forum on the future of energy at the Inter-American Development Bank meeting in Calgary. "I always think of this peak oil theory as more politically driven than it is physically driven."