English Edition

Gazprom Confident To Reach Price Deal With Edison Out Of Court

Δευ, 8 Νοεμβρίου 2010 - 18:31

Russian gas producer OAO Gazprom (GAZP.RS) expects pricing issues with Italian utility Edison SpA (EDN.MI) to be solved out of court, the company's Deputy Chief Executive Alexander Medvedev said Monday.

InterAgro to Build EUR 72 million of Co-Generation Power Plants

Δευ, 8 Νοεμβρίου 2010 - 17:14

InterAgro group, owned by Romanian businessman Ioan Niculae, will invest EUR 72 million in building co-generation power plants on industrial platforms across Romania and hopes to recover the investment in five years.

Siemens Eyes 40 billion euro of Green Revenue by 2014

Δευ, 8 Νοεμβρίου 2010 - 17:13

Siemens aims to generate sales of more than 40 billion euros ($56 billion) from its green technologies and products by 2014, Europe's biggest industrial conglomerate said on Monday.

Commission to Unveil €1trln Energy Strategy for 2020

Δευ, 8 Νοεμβρίου 2010 - 17:11

The European Commission will present on Wednesday (10 November) its energy strategy for the coming decade, calling for investment of around €1 trillion to secure the bloc's energy needs in a sustainable way.

The 2nd GEOFAR Workshop Focused on Progress in Geothermal Energy in Portugal

Παρ, 5 Νοεμβρίου 2010 - 19:23

The 2nd GEOFAR Workshop took place today(5/11)in the Sana Lisboa Hotel, in Lisbon, Portugal, and was organized by the Institute of Energy for SE Europe (IENE) and the Regional Agency for Energy and Environment of Azores (ARENA).

Royal Dutch Shell To Sell Six Gulf Of Mexico Fields For $450M

Παρ, 5 Νοεμβρίου 2010 - 18:31

Royal Dutch Shell Plc (RDSA.LN), an oil and gas company announced Friday that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc. (WTI), for $450 million, with an effective date of September 1, 2010, as part of an ongoing portfolio restructuring and focus on capital efficiency.

Kenya Seeks Investors For 400MW Geothermal Plant

Παρ, 5 Νοεμβρίου 2010 - 18:31

Kenya has called for expressions of interest from investors to install 400 megawatts of geothermal power capacity near Nakuru, capital of Rift Valley province, by 2014, the state-owned Geothermal Development Corp., or GDC, said in a statement Friday.

Iran's Mottaki Dismisses Report Of New US Nuclear Fuel Offer

Παρ, 5 Νοεμβρίου 2010 - 18:31

Iran on Friday dismissed a media report that the U.S. was mulling a new offer to the Islamic republic to transfer Iran's low-enriched uranium to Russia for higher processing.

Statoil To Change Drilling Routines After Platform Incident

Παρ, 5 Νοεμβρίου 2010 - 18:30

Statoil said Friday it is amending its routines for oil drilling operations on the Gullfaks C platform in the North Sea following an incident in May.

Climate Finance Of $100B A Year Challenging, But Possible -UN Panel

Παρ, 5 Νοεμβρίου 2010 - 18:30

Raising $100 billion a year of climate finance by 2020 is challenging, but possible, a United Nations advisory group said in a report Friday.

World Bank's CTF Sets Aside $73.8M For S Africa Green Energy

Παρ, 5 Νοεμβρίου 2010 - 18:30

The World Bank's Clean Technology Fund, or CTF), which provides cheap finance for renewable projects in developing countries, has set aside just over 500 million rand ($73.8 million) for South African companies that have potential renewable energy projects.

Polish-Russian Gas Treaty Receives EU Blessing

Παρ, 5 Νοεμβρίου 2010 - 13:59

Poland and Russia are due to sign an agreement in Brussels today (4 November) that will see Gazprom increase its deliveries to Warsaw by 38%. Energy Commissioner Günther Oettinger said the treaty would have "EU legitimacy".

Coal Still King as Green Power IPO Struggles

Παρ, 5 Νοεμβρίου 2010 - 13:58

Waning investor interest in clean energy contrasted sharply with enthusiasm for coal on Thursday as shares in Enel Green Power fell on their debut while Coal India's soared.