English Edition

Russia, US Sign Deal To Convert Nuclear Reactors

Τρι, 7 Δεκεμβρίου 2010 - 18:37

Russia and the U.S. Tuesday agreed to co-operate on converting highly-enriched research nuclear reactors into low-enriched ones, as part of a broader program to reduce the risk of nuclear proliferation worldwide.

EnBW To Review Renewables, Gas Strategy Post EDF Exit

Τρι, 7 Δεκεμβρίου 2010 - 18:37

EnBW Energie Baden-Wuerttemberg AG (EBK.XE) will review its strategy on renewable energies and natural gas following the departure of Electricite de France SA (EDF.FR) as the major shareholder at Germany's No. 3 power utility, its chief executive said Tuesday.

WikiLeaks' Assange Denied Bail At UK Hearing

Τρι, 7 Δεκεμβρίου 2010 - 18:36

WikiLeaks founder Julian Assange was denied bail at a court hearing following his arrest in the U.K. early Tuesday on an international warrant related to sexual-assault allegations in Sweden.

Rompetrol to Focus on Balkan, CIS as Parent Boosts Production

Τρι, 7 Δεκεμβρίου 2010 - 15:18

Rompetrol Group NV, Romania’s second- biggest oil company, will exit Albania to focus on more- profitable Balkan and former Soviet states as its Kazakh parent company seeks markets in which to sell its increased output.

Republicans Urge Opening of Arctic Refuge to Drilling

Τρι, 7 Δεκεμβρίου 2010 - 15:14

In an essay co-authored with Spencer Abraham, energy secretary under President George W. Bush, Fred Upton of Michigan, the leading Republican candidate for chairman of the House Energy and Commerce Committee in next year’s Congress, calls for opening the Arctic National Wildlife Refuge in Alaska to oil drilling, a massive increase in domestic deepwater oil production and a rapid expansion of nuclear power.

BP Weighs North Sea Asset Sales to Fund Gulf Spill Cleanup

Τρι, 7 Δεκεμβρίου 2010 - 15:13

BP Plc, seeking to cover clean-up costs from its Gulf of Mexico oil spill, is weighing the sale of some North Sea assets that may raise as much as $1 billion, according to a person familiar with the matter.

Turkey To Hold Privatization Tender For 3 Power Grids Tuesday

Δευ, 6 Δεκεμβρίου 2010 - 18:38

Turkish privatization agency OIB said Monday it will hold a final tender for the privatization of three state-owned power distribution grids Tuesday, the Ihlas News Agency, or IHA, reported.

Norway Oil Watchdog Launches Another Statoil Investigation

Δευ, 6 Δεκεμβρίου 2010 - 18:38

Norwegian Petroleum Safety Authority wants Statoil ASA (STL.OS) to take a hard look at the safety work of its entire organization, after another gas leak at an energy platform in the North Sea.

Russian Tycoon Exits Management Of BP Joint Venture

Δευ, 6 Δεκεμβρίου 2010 - 18:37

Russian tycoon Viktor Vekselberg, who two years ago was a central figure U.K. oil major BP PLC's (BP) battle for control of TNK-BP Ltd. (TNBP.RS), will step down from the company's management board by the end of the year.

German Cartel Office: Oligopoly In Gasoline Market

Δευ, 6 Δεκεμβρίου 2010 - 18:37

Germany's Federal Cartel Office said Monday it sticks to its assessment that the country's gasoline market is dominated by a few companies, and said mergers and takeovers in the gas stations sector will only be allowed under strict conditions.

Turkey Licenses Turang Transit Tasimacilik to Construct Pipeline for Exporting Iranian Gas Across Turkey and Europe

Δευ, 6 Δεκεμβρίου 2010 - 16:38

In a move that might seem calculated to damage already delicate relations with Washington, Turkey has issued a license to a Turkish company planning to construct a pipeline to export Iranian natural gas across Turkey and Europe to Germany.

25% of Greek Electricity Will Come from Wind by 2020 - Minister of Energy

Δευ, 6 Δεκεμβρίου 2010 - 16:30

As of 2005, 6.9% of Greece’s energy - 10% of its electricity - came from renewables. This 10% broke down into 8% hydro and 2% wind power. By the end of 2009, Greece had installed a cumulative total of 1,087 MW. Wind currently provides around 4% of Greece’s electricity. Greece has to reach 18% of its energy from renewables (40% of its electricity) by 2020 according to the 2009 EU Renewable Energy Directive.

Bulgaria & Romania Sign Energy Market Integration Memorandum

Δευ, 6 Δεκεμβρίου 2010 - 16:29

Bulgaria and Romania signed a memorandum of understanding to integrate their energy markets, Bulgarian Economy, Energy and Tourism Minister Traycho Traykov said after signing the instrument with Romanian Economy, Trade and Business Environment Minister Ion Ariton.