English Edition

The 2nd GEOFAR Workshop Focused on Progress in Geothermal Energy in Portugal

Παρ, 5 Νοεμβρίου 2010 - 19:23

The 2nd GEOFAR Workshop took place today(5/11)in the Sana Lisboa Hotel, in Lisbon, Portugal, and was organized by the Institute of Energy for SE Europe (IENE) and the Regional Agency for Energy and Environment of Azores (ARENA).

Royal Dutch Shell To Sell Six Gulf Of Mexico Fields For $450M

Παρ, 5 Νοεμβρίου 2010 - 18:31

Royal Dutch Shell Plc (RDSA.LN), an oil and gas company announced Friday that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc. (WTI), for $450 million, with an effective date of September 1, 2010, as part of an ongoing portfolio restructuring and focus on capital efficiency.

Kenya Seeks Investors For 400MW Geothermal Plant

Παρ, 5 Νοεμβρίου 2010 - 18:31

Kenya has called for expressions of interest from investors to install 400 megawatts of geothermal power capacity near Nakuru, capital of Rift Valley province, by 2014, the state-owned Geothermal Development Corp., or GDC, said in a statement Friday.

Iran's Mottaki Dismisses Report Of New US Nuclear Fuel Offer

Παρ, 5 Νοεμβρίου 2010 - 18:31

Iran on Friday dismissed a media report that the U.S. was mulling a new offer to the Islamic republic to transfer Iran's low-enriched uranium to Russia for higher processing.

Statoil To Change Drilling Routines After Platform Incident

Παρ, 5 Νοεμβρίου 2010 - 18:30

Statoil said Friday it is amending its routines for oil drilling operations on the Gullfaks C platform in the North Sea following an incident in May.

Climate Finance Of $100B A Year Challenging, But Possible -UN Panel

Παρ, 5 Νοεμβρίου 2010 - 18:30

Raising $100 billion a year of climate finance by 2020 is challenging, but possible, a United Nations advisory group said in a report Friday.

World Bank's CTF Sets Aside $73.8M For S Africa Green Energy

Παρ, 5 Νοεμβρίου 2010 - 18:30

The World Bank's Clean Technology Fund, or CTF), which provides cheap finance for renewable projects in developing countries, has set aside just over 500 million rand ($73.8 million) for South African companies that have potential renewable energy projects.

Polish-Russian Gas Treaty Receives EU Blessing

Παρ, 5 Νοεμβρίου 2010 - 13:59

Poland and Russia are due to sign an agreement in Brussels today (4 November) that will see Gazprom increase its deliveries to Warsaw by 38%. Energy Commissioner Günther Oettinger said the treaty would have "EU legitimacy".

Coal Still King as Green Power IPO Struggles

Παρ, 5 Νοεμβρίου 2010 - 13:58

Waning investor interest in clean energy contrasted sharply with enthusiasm for coal on Thursday as shares in Enel Green Power fell on their debut while Coal India's soared.

Deed of Assignment Between Groundstar Resources and Aegean Energy Approved by the Egyptian Authorities

Πεμ, 4 Νοεμβρίου 2010 - 18:46

Groundstar Resources Limited (TSX VENTURE:GSA) is pleased to announce that the Egyptian Ministry of Petroleum has approved the deed of assignment which transfers a 60% net interest in the West Kom Ombo block to Aegean Energy. This approval completes one of the main conditions of the Sale Agreement between the two companies announced in June 2010.

Iranians Stage Mass Protest Against "Great Satan" US

Πεμ, 4 Νοεμβρίου 2010 - 18:45

Thousands of Iranians chanted "Death to America" as they staged a mass protest Thursday against the "Great Satan" to mark the 31st anniversary of the capture of the American embassy by Islamist students.

Turkey, Venezuela Sign Energy Cooperation Deal - IHA

Πεμ, 4 Νοεμβρίου 2010 - 18:45

Turkish Energy Minister Taner Yildiz said Thursday Turkey and Venezuela signed an agreement to cooperate in the energy sector, the Ihlas News Agency, or IHA, reported.

OPEC's El-Badri: $90/Bbl Oil Wouldn't Hinder Economic Growth

Πεμ, 4 Νοεμβρίου 2010 - 18:44

An oil price of $90 a barrel wouldn't hinder global economic growth, the top official in the Organization of Petroleum Exporting Countries said Thursday, echoing similar statements by the group's largest producer Saudi Arabia.

Enel Green Power Shares Slip On Bourse Debut

Πεμ, 4 Νοεμβρίου 2010 - 18:44

Enel Green Power SpA (EGPW.MI) shares fell Thursday on their first day of trading following Europe's biggest initial public offering since the financial crisis began, as investors distance themselves from the renewables sector.

Italys Fortone Steps up Presence in Greece

Πεμ, 4 Νοεμβρίου 2010 - 16:56

Fortore Energia, the Italian company working in the wind energy, photovoltaic and biomass sector, is increasing its presence in the Greek market. After having founded Fortore Gea Hellas, with head offices in Kozani, it submitted a request to the state authority for energy to be authorised to install 10 photovoltaic plants in western Macedonia, each with a 500 KW capacity.

PetroBulgaria Plans to Identify, Acquire and Operate Bulgaria's Oil and Gas

Πεμ, 4 Νοεμβρίου 2010 - 16:54

Park Place Energy Corp. announced this week that the Company has created a subsidiary, PetroBulgaria Energy Inc. to hold its interest in the Vranino block in Bulgaria. Going forward, PetroBulgaria's mandate will be to identify, acquire and operate oil and gas exploration and production properties in Bulgaria either through direct acquisition from the Ministry of Economy, Energy and Tourism through the Governments bid process or through joint venture opportunities