1. English Edition

English Edition

Statoil Committed To Shtokman End March 2011 FID Deadline

Statoil Committed To Shtokman End March 2011 FID Deadline

Παρ, 17 Σεπτεμβρίου 2010 - 18:52

Norwegian oil and gas group Statoil ASA (STL.OS) is still committed to the deadline for the final decision to proceed with the first phase of Shtokman natural gas extraction project in Arctic Russia, planned by end March 2011, it said Friday.

Brazils Petrobras Record Share Offering Gets Larger

Brazil's Petrobras Record Share Offering Gets Larger

Παρ, 17 Σεπτεμβρίου 2010 - 18:51

The largest share issue ever just got larger. Brazilian state-run energy giant Petroleo Brasileiro, or Petrobras, on Friday said it has increased the amount of additional shares that will be available to investors in its ongoing capitalization program.

On the Path to Full Spectrum Photovoltaic Solar Cells

On the Path to Full Spectrum Photovoltaic Solar Cells

Παρ, 17 Σεπτεμβρίου 2010 - 14:51

The maximum use of incoming solar radiation relies on using the full spectrum of the light and infrared radiation. There’s a lot of power in the infrared – not something the current photovoltaic cell is harvesting.

64 percent of New Power to be Renewable Over Next Decade

64 percent of New Power to be Renewable Over Next Decade

Παρ, 17 Σεπτεμβρίου 2010 - 14:47

Renewable energy is set to make up nearly two-thirds of new electricity generation capacity installed in the EU over the next decade, according to new estimates by the European Commission.

ArcelorMittal: China Still Long Way From Peak Steel Demand

ArcelorMittal: China Still Long Way From Peak Steel Demand

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Emerging markets such as Brazil and India still hold growth opportunities for steel producers, steelmaker ArcelorMittal (MT) said Thursday while announcing further iron ore investment plans and cost saving targets.

Russia, Canada Trade Rival Arctic Claims

Russia, Canada Trade Rival Arctic Claims

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Canada and Russia's foreign ministers traded claims over the Arctic Thursday as their countries eyed energy riches and shipping routes made increasingly accessible by melting Polar ice.

Iraq To Sign Oil Pipeline Accord With Turkey Sunday

Iraq To Sign Oil Pipeline Accord With Turkey Sunday

Πεμ, 16 Σεπτεμβρίου 2010 - 19:03

Iraq is planning to sign an accord Sunday with Turkey to extend the operation of a major oil pipeline after they agreed to renew the deal, the Iraqi Oil Ministry said in a statement Thursday.

RWE CFO: Nuclear Tax To Cut Ebitda By EUR700M A Year

RWE CFO: Nuclear Tax To Cut Ebitda By EUR700M A Year

Πεμ, 16 Σεπτεμβρίου 2010 - 19:03

Power utility RWE AG (RWE.XE) expects a new tax on nuclear fuel rods that the German government wants to impose from 2011 will reduce earnings before interest, taxes, depreciation and amortization could by around EUR700 million annually in coming years, daily newspaper the Financial Times Deutschland reports in its Thursday edition.

UK Should Act Now To Adapt To Climate Change - UK Body

UK Should Act Now To Adapt To Climate Change - UK Body

Πεμ, 16 Σεπτεμβρίου 2010 - 19:02

The U.K. needs to overhaul key infrastructure including power stations, roads, railways, and water supplies in order to mitigate the worst effects of climate change, said an independent body that advises the U.K. government on climate change.

First GEOFAR Workshop Successfully Held in Madrid

First GEOFAR Workshop Successfully Held in Madrid

Πεμ, 16 Σεπτεμβρίου 2010 - 17:20

The 1st on the series of GEOFAR Workshops took place in Madrid at the Institute of Geology and Mines of Spain ( IGME) and was co-organized with the Institute of Energy for SE Europe ( IENE). “A European Solution for Geothermal Energy Projects in Spain” was the topic of this joined IGME-IENE Workshop, which was attended by more than 100 participants from a wide range of companies and institutions, including state organizations, local authorities and private companies involved in geothermal projects in Spain and Europe

Nabucco Expects Gas to Flow from Azerbaijan and Iraq by Late 2015

Nabucco Expects Gas to Flow from Azerbaijan and Iraq by Late 2015

Πεμ, 16 Σεπτεμβρίου 2010 - 16:58

The Nabucco pipeline consortium said on Wednesday it expects gas to flow from Azerbaijan and Iraq by late 2015 with or without phase two production at Azerbaijan's giant Shah Deniz deposit. Azerbaijan says phase two production at the field, co-led by BP and Statoil and estimated to hold 1.2 trillion cubic metres of gas, could begin in late 2016.

Arctic Does Not Need NATO Presence - Lavrov

Arctic Does Not Need NATO Presence - Lavrov

Πεμ, 16 Σεπτεμβρίου 2010 - 15:47

Russia sees no need for a NATO presence in the Arctic, Russian Foreign Minister said on Thursday. "We do not see what benefit NATO can bring to the Arctic...I do not think NATO would be acting properly if it took upon itself the right to decide who should solve problems in the Arctic," Sergei Lavrov said during talks with his Canadian counterpart, Lawrence Cannon.