English Edition

UK On Track To Meet 2020 Renewable Targets - National Grid

Δευ, 15 Νοεμβρίου 2010 - 18:43

The U.K. is on track to meet its 2020 renewable energy targets as reforms of the regime to connect green power projects to the transmission system have streamlined and sped up the process, U.K. power and natural gas network operator National Grid PLC (NG.LN) said in a report published Monday.

ExxonMobil Shuts Some Output After Nigeria Attack

Δευ, 15 Νοεμβρίου 2010 - 18:42

Exxon Mobil Corp. (XOM) confirmed Monday that it suspended some oil production in Nigeria after armed attackers boarded an offshore facility Sunday night, the latest in a string of incidents in Nigeria's oil-producing Niger Delta region.

Total Launches Project to Build a Solar Panel Plant in France

Δευ, 15 Νοεμβρίου 2010 - 18:42

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) today announced the construction of a photovoltaic panel production and assembly unit at Composite Park in France's north-eastern region of Moselle.

MARKET TALK: China May Spark 'Desperate Scramble' For Uranium

Δευ, 15 Νοεμβρίου 2010 - 18:41

Uranium One (UUU.T) CEO Jean Nortier predicts a "major supply crunch coming" for uranium, as China's construction of 16 new reactors means they're likely to "buy every single pound of fuel they can get to fuel that fleet." Uranium spot prices have been rising since June from near $40/lb to near $60/lb.

Russia's Rosatom is Planning to Expand Into Wind Power in the Balkans

Δευ, 15 Νοεμβρίου 2010 - 16:00

Russia's state nuclear unit Rosatom is planning to expand into wind power and will look for foreign partners to help build farms in the Balkans, Eastern Europe and Ukraine, its equipment head said on Friday.

South Stream: Bulgaria, Russia Ink Long-Anticipated Deal

Δευ, 15 Νοεμβρίου 2010 - 14:43

Bulgaria and Russia have signed an intergovernmental agreement for the construction of the Bulgarian section of the South Stream gas transit pipeline in the presence of their Prime Ministers, Boyko Borisov and Vladimir Putin, in Sofia.

Greenland Wants $2bn Bond from Oil Firms Keen to Drill in its Arctic Waters

Δευ, 15 Νοεμβρίου 2010 - 14:42

Greenland is demanding that oil companies bidding to drill in huge areas of its Arctic waters each pay an estimated $2bn (£1.25bn) upfront "bond" to meet the clean-up costs from any large spill.

Russia, Bulgaria Agree to Approve Front End Design for Belene NPP by Yearend

Δευ, 15 Νοεμβρίου 2010 - 14:40

Russia and Bulgaria have agreed to approve the front end design for the Belene nuclear power plant before the end of the year, Prime Minister Vladimir Putin said.

Is Peak Oil Behind Us?

Δευ, 15 Νοεμβρίου 2010 - 14:39

Peak oil is not just here — it’s behind us already. That’s the conclusion of the International Energy Agency, the Paris-based organization that provides energy analysis to 28 industrialized nations. According to a projection in the agency’s latest annual report, released last week, production of conventional crude oil — the black liquid stuff that rigs pump out of the ground — probably topped out for good in 2006

China Coal: Oct Coal Output 10.46 Million Tons, Up 23% On Year

Παρ, 12 Νοεμβρίου 2010 - 18:45

China Coal Energy Co. (1898.HK), the country's second-largest coal producer by revenue, said Friday its October output totaled 10.46 million metric tons, up 23% from a year earlier.

Total CEO: Sees Continued Growth Despite Economic Fragility

Παρ, 12 Νοεμβρίου 2010 - 18:44

French oil major Total SA (TOT) expects to continue growing despite a fragile economic environment, and it will continue to adapt its downstream refining and distribution operations, as well as its chemicals businesses to reflect market developments, the company's chief executive says in a newsletter to shareholders released Friday.

Terna Profits Up 23% On Higher Tariffs; Raises 2010 Estimates

Παρ, 12 Νοεμβρίου 2010 - 18:44

Terna SpA (TRN.MI), Italy's biggest power grid by capacity, Friday said third-quarter net profit rose 23% on the year, thanks to an increase in regulatory-approved tariffs and dispatching activity incentives, allowing the company to estimate higher 2010 results on the year.

Turkey's Turcas 3Q Net Profit Declines To TRY17.7M -IHA

Παρ, 12 Νοεμβρίου 2010 - 18:43

Turkish fuel distributor and energy firm Turcas Petrol AS (TRCAS.IS) Friday posted a slight decline in third-quarter net profit, reflecting a decline in sales, the Ihlas News Agency, or IHA, reported Friday.