English Edition

US Says South Stream and Nabucco Could Merge

Τρι, 11 Ιανουαρίου 2011 - 15:31

Two major pipeline projects that have so far been considered rivals, the EU-favoured Nabucco and Gazprom's South Stream, may merge, US Ambassador to Italy David Thorne told Italian daily La Stampa in an interview published today (10 January).

India Electricity Generation Up 4% In December; Misses Target

Δευ, 10 Ιανουαρίου 2011 - 19:02

Electricity generation at Indian utilities rose 4% to 66.88 gigawatt hour in December from a year earlier, but missed the targeted 70.36 GWh, government data showed Monday.

Ford To Reveal Its First Plug-In Electric Car

Δευ, 10 Ιανουαρίου 2011 - 19:01

After its rivals hit the market first with new, electrified vehicles late last year, Ford Motor Co. (F) is striking back Monday by expanding its lineup, including the introduction of the auto maker's first plug-in compact minivan.

OPEC President: Oil Over $100/Bbl Won't Trigger Meeting - Agency

Δευ, 10 Ιανουαρίου 2011 - 19:01

The Organization of the Petroleum Exporting Countries, or OPEC, won't need to hold an emergency meeting if oil prices rise above $100 a barrel, the group's current president was quoted as saying Monday.

E.ON Units To Raise German Retail Power Prices From March, May

Δευ, 10 Ιανουαρίου 2011 - 19:01

German utility E.ON AG (EOAN.XE) said Monday it will raise retail power prices, citing rising costs of subsidizing electricity produced from renewable energy sources.

Romanian Nuclear Plant Restarts Reactor - MediaFax

Δευ, 10 Ιανουαρίου 2011 - 19:00

Romania's sole nuclear power plant, operated by state-owned company Nuclearelectrica, Monday restarted reactor 1, which was shut down last week for a planned 48-hour maintenance period, news agency Mediafax reported.

BP Shares Fall 2% After Alaska Pipeline Shutdown

Δευ, 10 Ιανουαρίου 2011 - 19:00

Shares in BP PLC (BP.LN) fell as much as 2% Monday after the U.K.-listed oil giant and other oil producers were forced to shut down some 600,000 barrels a day of output on Alaska's North Slope, following a leak that closed the Trans Alaska pipeline.

Iran and Turkey Deepen their Energy Cooperation

Δευ, 10 Ιανουαρίου 2011 - 16:29

Iranian Oil Minister Masoud Mirkazemi and Turkish Energy and Natural Resources Minister Taner Yildiz held a meeting in Tehran on Saturday.

Nassiriyah Up for Grabs

Δευ, 10 Ιανουαρίου 2011 - 16:28

Iraq plans to invite international oil companies to develop the giant Nassiriyah oilfield in a bidding round later this year, a senior Iraqi government official said today.

Deepwater Drilling Safety Doubts Multiply

Δευ, 10 Ιανουαρίου 2011 - 16:28

Doubts about the current safety and liability procedures for deepwater drilling are growing after criticism by statutory agencies on both sides of the Atlantic.

Duke Energy Near Deal for Progress Energy: Sources

Δευ, 10 Ιανουαρίου 2011 - 16:27

Duke Energy Corp is near $13 billion-plus deal to buy Progress Energy Inc, a move that would create the largest U.S. power company, sources familiar with the matter said.

China Plans Massive Investment In North Korea

Παρ, 7 Ιανουαρίου 2011 - 19:14

A Chinese state company plans to inject about $2 billion into a project to build up a North Korean free trade zone into a regional export base, a report in South Korea said Friday.

Japan Traders Eye Giant Russia LNG Project

Παρ, 7 Ιανουαρίου 2011 - 19:13

Japanese trading houses Mitsui & Co. (8031.TO) and Mitsubishi Corp. (8058.TO) are looking to take stakes in what would be Russia's largest natural gas project, planned for Siberia's remote Yamal Peninsula, a report said Thursday.

Shenhua, China National Coal 2011 Export Quotas Each 29% Lower -Traders

Παρ, 7 Ιανουαρίου 2011 - 19:13

This year's first batch of coal export quotas for Shenhua Group and China National Coal Group are down 29% from last year's first-batch quotas, at 7.45 million metric tons each, two coal traders said Friday.

Turkey In Talks With France On Nuclear Plant - Report

Παρ, 7 Ιανουαρίου 2011 - 19:13

Turkey is in preliminary talks with France for the construction of a nuclear power plant but Japan has the priority, Anatolia news agency quoted Turkey's energy minister as saying Friday.

BG: Oil Output Capacity At Brazil Fields 1.8M B/D By '17

Παρ, 7 Ιανουαρίου 2011 - 19:12

BG Group PLC (BG.LN) and its partners in oil discoveries off the coast of Brazil said Friday that they have ordered two additional oil production vessels that will lift capacity in the area to 1.84 million barrels a day by 2017.