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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

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

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.

Arctic Ice Shrinks to Less than 5 mln square km

Παρ, 17 Σεπτεμβρίου 2010 - 14:46

Arctic ice declined to 4.8 million square kilometers in September, the head of Russia's meteorological service said on Friday.

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.

Brazil's Petrobras: Tupi Oil Field Pilot To Start In October

Πεμ, 16 Σεπτεμβρίου 2010 - 19:04

Brazilian oil and gas firm Petroleo Brasileiro SA (PBR), or Petrobras, aims to start pilot production from its mammoth Tupi oil find in October, a company official said Thursday.

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

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

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

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

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

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.

Germany's E.ON to Supply Croatia with Gas

Πεμ, 16 Σεπτεμβρίου 2010 - 16:57

Germany's major energy firm E.ON-Ruhrgas said on Wednesday it was involved in talks about supplying Croatia with gas.

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.

Russia to Stand by South Stream Under any Circumstance

Πεμ, 16 Σεπτεμβρίου 2010 - 15:45

Russia does not intend to abandon the implementation of the South Stream gas pipeline project whatever proposals for participation in the Ukrainian gas transportation system may be made to it, Russian Energy Minister Sergei Shmatko said on Thursday.

GEOFAR Project: Boosting Investments in Geothermal Energy

Πεμ, 16 Σεπτεμβρίου 2010 - 13:58

The EU-funded project GEOFAR – Geothermal Finance and Awareness in European Regions, which deals with the application and promotion of geothermal energy in Europe is being carried out within the framework of EU’s “Intelligent Energy Europe” (IEE) programme, which is part of the Competitiveness and Innovation Framework Programme.