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Turkey Joins Europe, Electrically Speaking

Turkey Joins Europe, Electrically Speaking

Τρι, 7 Σεπτεμβρίου 2010 - 16:10

Turkey may be frustrated in its bid to become part of the European Union, but by the end of September, it will join Europe’s electric grid.

Rosatoms Subsidiary Uses Stakes in Kazakh Mines in Uranium One Deal

Rosatoms Subsidiary Uses Stakes in Kazakh Mines in Uranium One Deal

Τρι, 7 Σεπτεμβρίου 2010 - 16:05

Russian state-owned miner Atomredmetzoloto (ARMZ), a subsidiary of Rosatom, has bought a controlling stake in Canada's Uranium One using its stakes in two Kazakh uranium mines as a part of the payment, the head of Rosatom said on Tuesday.

Russia Plans to Explore Gas Deposits in Northwest Siberia

Russia Plans to Explore Gas Deposits in Northwest Siberia

Τρι, 7 Σεπτεμβρίου 2010 - 16:04

Russia plans to exploit its biggest gas reserves on the Yamal Peninsula in northwestern Siberia, but estimates say it will cost up to 8 trillion rubles ($260 billion), a business daily said on Tuesday.

RF, Kazakhstan Agree to Jointly Prospect Imashevsky Gas Field

RF, Kazakhstan Agree to Jointly Prospect Imashevsky Gas Field

Τρι, 7 Σεπτεμβρίου 2010 - 16:03

Kazakh Minister of Oil and Gas Sauat Mynbayev and Russian Minister of Natural Resources and Ecology Yuri Trutnev have signed an agreement on joint activities on geological study and prospecting of the Imashevsky trans-border gas and gas condensate field.

Progress Seen on Green Fund for Climate Deal

Progress Seen on Green Fund for Climate Deal

Δευ, 6 Σεπτεμβρίου 2010 - 18:59

Almost 50 nations made progress on Friday (3 September) towards a 'Green Fund' to help poor countries fight global warming but hosts Mexico and Switzerland said a full UN climate treaty was out of reach for 2010.

Chinese Firms Must Adapt To New Iron Ore Pricing System

Chinese Firms Must Adapt To New Iron Ore Pricing System

Δευ, 6 Σεπτεμβρίου 2010 - 18:56

China's industry participants and financial institutions should study building up a domestic iron ore futures market as part of the effort to adapt to the new quarterly pricing mechanism for the raw material, Feng Guiquan, vice president of China Minmetals Corp., said Monday.

EIB, EBRD, IFC Consider EUR4B Funding For Nabucco

EIB, EBRD, IFC Consider EUR4B Funding For Nabucco

Δευ, 6 Σεπτεμβρίου 2010 - 18:55

International investment institutions Monday signed an agreement to start a process that will potentially lead to as much as EUR4 billion of financing for the planned Nabucco natural gas pipeline

Shell In Talks Over Sale Of Finnish, Swedish Downstream Assets

Shell In Talks Over Sale Of Finnish, Swedish Downstream Assets

Δευ, 6 Σεπτεμβρίου 2010 - 18:55

Royal Dutch Shell PLC (RDSB) Monday confirmed that it had signed a letter of intent with Finnish energy company St1 last Thursday, to start exclusive talks over the sale of the company's downstream assets in Sweden and Finland.

China Goes Green, Keeping Bankers And Investors Busy

China Goes Green, Keeping Bankers And Investors Busy

Δευ, 6 Σεπτεμβρίου 2010 - 18:54

Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are set to reap billions of dollars from public offerings to new investors in coming months.

RWE Welcomes Nuclear Power Decision, Expects Burden

RWE Welcomes Nuclear Power Decision, Expects Burden

Δευ, 6 Σεπτεμβρίου 2010 - 18:54

German utility RWE AG (RWE.XE) said Monday it welcomes Germany's decision on nuclear power but expects a considerable and "unexpectedly high" financial burden for its nuclear power plants.

Brazils Petrobras To Seek $64B From Share Sale

Brazil's Petrobras To Seek $64B From Share Sale

Παρ, 3 Σεπτεμβρίου 2010 - 18:43

Brazil's state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, on Friday launched its offer to raise about $64 billion from the world's largest-ever sale of shares to finance a massive investment program over the next five years.

German Nuclear Extension Decision Sunday -Lawmaker

German Nuclear Extension Decision Sunday -Lawmaker

Παρ, 3 Σεπτεμβρίου 2010 - 18:43

The German government is set to agree details of the planned extension of nuclear reactors' operating lives at a meeting Sunday, but any decision is almost certain to face considerable legal challenges, a leading lawmaker told Dow Jones newsletter Energy Daily Friday.

Enel Confirms Green Unit IPO In Fall; No Discount -Chairman

Enel Confirms Green Unit IPO In Fall; No Discount -Chairman

Παρ, 3 Σεπτεμβρίου 2010 - 18:42

Enel SpA (ENEL.MI) still expects to go ahead with the initial public offering of its renewable unit in the fall, Chairman Piero Gnudi confirmed Friday, adding Enel doesn't plan to sell the shares at a discount to entice investors.