English Edition

Germany Feels First Chinese Rare Earths Squeeze

Δευ, 25 Οκτωβρίου 2010 - 13:26

German high-tech companies have reported their first supply shortages of rare earths following a rapid diminution of Chinese export quotas on the precious metals, which are used in everything from wind turbines to mobile phones and hybrid cars.

Russia, Greece to Hold Talks on Burgas-Alexandroupolis Pipeline Before Year End

Δευ, 25 Οκτωβρίου 2010 - 13:25

Russia and Greece will hold talks to work out a joint position on the Burgas-Alexandroupolis oil pipeline project before the end of the year, Russia's Energy Minister Sergei Shmatko said on Monday.

Russia, Poland to Sign Gas Transit Deal this Week

Δευ, 25 Οκτωβρίου 2010 - 13:24

Russia and Poland will sign an agreement this week that will put an end to a four-year gas transit row between Moscow and Warsaw, Russian Deputy Energy Minister Anatoly Yanovsky said on Monday.

North Korea Nuclear Arms A 'Serious' Threat -Military Leaders

Παρ, 22 Οκτωβρίου 2010 - 18:55

Military leaders from across the globe believe North Korea's nuclear program poses "the most serious threat" to the Asia-Pacific region, officials said at a high-level meeting that ended Friday.

Turkmenistan Keen To Boost Gas Exports To Russia: President

Παρ, 22 Οκτωβρίου 2010 - 18:55

Turkmenistan's president told his Russian counterpart on Friday that Turkmenistan wants to increase its gas exports via Russia.

Iraq 2010 Oil Exports At 1.876M B/D, Down 1.6% From 2009 - SOMO

Παρ, 22 Οκτωβρίου 2010 - 18:54

Iraq's crude oil exports from the beginning of this year to Oct. 20 were 1.876 million barrels a day, down 1.6% from the average the previous year, according to figures prepared by State Oil Marketing Organization, or SOMO.

Petrobras Says 9th Well Drill at Tupi Confirms 5B-8B BOE At Site

Παρ, 22 Οκτωβρίου 2010 - 18:54

Brazilian oil giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday the conclusion of drilling at a ninth well at Tupi confirmed that 5 billion to 8 billion barrels of light oil and natural gas are potentially recoverable from the site.

EU Sets 2013 CO2 Emission Allowances Cap At 2.04 Bln

Παρ, 22 Οκτωβρίου 2010 - 18:54

The number of carbon dioxide emissions allowances that will be available in the European Union's market of permits to emit CO2 in 2013 will be capped at 2.039 billion, the European Commission said Friday.

Some In Nabucco Group See Trouble In Iraq Supply Talk-Sources

Παρ, 22 Οκτωβρίου 2010 - 18:53

The Nabucco consortium is facing growing "doubts" and "uncertainty" from some consortium members over how to secure reliable supplies for its planned EUR7.9 billion natural gas pipeline, particularly as the project increasingly targets conflict-riven Iraq as the principal supplier, said two people familiar with the situation.

PPC to Invest 2 bln Euros a Year to Cut CO2

Παρ, 22 Οκτωβρίου 2010 - 18:24

Power Power Corporation (PPC) will spend about 2 billion euros a year by 2015 to cut carbon emissions and will seek to expand into Southeast Europe as the Greek market becomes more ‘challenging,’ Arthouros Zervos, the power company’s chief executive, said yesterday. The target will be included in an updated business plan that will be presented early next year, Zervos said.

Lebanon to Define Offshore Boundaries with Cyprus and Syria for Oil and Gas Exploration

Παρ, 22 Οκτωβρίου 2010 - 17:09

Lebanese Prime Minister Saad Hariri said on Thursday the country would soon define its offshore boundaries with Cyprus and Syria and would move ahead with licensing exploration for oil and gas.

Turkey: Ambitions to Become a Gas Hub

Παρ, 22 Οκτωβρίου 2010 - 17:08

Turkish state oil company TPAO won contracts to develop two gas fields in Iraq, aiding Ankara's ambitions to become an energy bridge between Europe and the Middle East. Turkey will invest some $3.2 billion to develop the Mansuriyah field near the Iranian border alongside Kuwait Energy Company and South Korea's Kogas, and the southern Siba field with Kuwait Energy, Turkey's energy minister said.