English Edition

BP: Close To Installing Cap Over Well, Could Be Done Monday

Δευ, 12 Ιουλίου 2010 - 18:44

BP PLC (BP, BP.LN) plans to install a new sealing cap Monday morning that could contain all of the oil spewing from the well as part of the U.K. oil giant's latest effort to the stop leak in the U.S. Gulf of Mexico, the company's chief operating officer said.

Eni CEO: To Sign Agreement With EGPC On Iraq Project

Δευ, 12 Ιουλίου 2010 - 18:44

Eni SpA (E) Chief Executive Paolo Scaroni said Monday he will sign an agreement later this month to work on a project in Iraq with Egypt's Egyptian General Petroleum Corporation.

US To Issue New Moratorium On Deepwater Drilling

Δευ, 12 Ιουλίου 2010 - 18:43

The Obama administration plans to issue a new order to halt deepwater oil and natural gas drilling projects Monday, two people familiar with the matter said.

Italy's Enel Says Talks on Sale of Bulgarian Power Plant In Progress

Δευ, 12 Ιουλίου 2010 - 15:36

Italy's Enel on Friday said the talks on the sale of its 73% stake in Bulgaria's Maritsa East 3 thermal power plant are still in progress. Earlier on Friday, Sofia-based Trud daily reported that the sale of the stake for 800 million euro ($630.5 million) will be officially announced within two weeks.

Italy Set to Cut Solar Incentives

Δευ, 12 Ιουλίου 2010 - 13:22

Italy's new, long-awaited solar incentive plan includes gradual cuts in feed-in tariffs of up to 30 percent next year and 6 percent in both 2012 and 2013, two industry sources told Reuters on Friday.

EU Mulls Beefing Up Energy Savings Policy

Δευ, 12 Ιουλίου 2010 - 13:20

Günther Oettinger, the EU's energy commissioner, said last week (8 July) that he would assess the need for stronger EU regulation on energy efficiency in the context of a new policy "action plan" to be presented in 2011.

Uranium Bottoming as China Boosts Stockpiles

Δευ, 12 Ιουλίου 2010 - 13:19

China is buying unprecedented amounts of uranium, signaling that prices are poised to rebound after three years of declines. The nation may purchase about 5,000 metric tons this year, more than twice as much as it consumes, building stockpiles for new reactors, according to Thomas Neff, a physicist and uranium- industry analyst at the Massachusetts Institute of Technology in Cambridge.

Russia's Sakhalin Gas Companies Raise H1 Output by 60 pct

Δευ, 12 Ιουλίου 2010 - 13:16

Oil companies on Russia's Pacific island of Sakhalin in the first six months of this year extracted 12.740 billion cubic meters of gas, or 61% more than in the same drilling period last year, an official from the Natural Resources and Environmental Protection Ministry said on Monday.

Iran Plans to Begin Production of Own Nuke Fuel by Autumn 2011

Δευ, 12 Ιουλίου 2010 - 13:15

Iran plans to begin production of its own fuel in late August-early September of 2011, vice-president and the head of the Atomic Energy Organization of Iran (AEOI), Ali Akbar Salehi, told Iran’s news agencies on Monday.

Siemens To Invest EUR200M In Africa Within Next 2 Years

Παρ, 9 Ιουλίου 2010 - 18:57

Siemens AG (SI) said Friday it wants to make an additional investment of roughly EUR200 million in Africa within the next two years to strengthen its sales in the continent.

Iberdrola Renovables Output +17% In 2Q On US Wind

Παρ, 9 Ιουλίου 2010 - 18:56

Spanish renewable energy company Iberdrola Renovables SA (IBR.MC) Friday said its electricity output surged in the second quarter amid surging wind power production in the U.S.

Yingli May Borrow Up to $5.31B From China Development Bank

Παρ, 9 Ιουλίου 2010 - 18:56

Yingli Green Energy Holding Co. (YGE) and its affiliates potentially could borrow up to RMB36 billion ($5.31 billion) under an agreement with China Development Bank to support the solar-panel maker's expansion.

EU Sets CO2 Allowances Cap For 2013 ETS At 1.93B

Παρ, 9 Ιουλίου 2010 - 18:56

The European Commission has set the maximum number CO2 emission allowances that will be traded in 2013 at a little less than 1.93 billion units, it said Friday.

BP-led Consortium Awards Contracts For $6 Bln Caspian Project

Παρ, 9 Ιουλίου 2010 - 18:55

A consortium led by BP PLC (BP) that is operating the massive Azeri-Chirag-Gunashli oil field in the Azeri sector of the Caspian Sea has awarded six contracts totaling $814 million for development of the Chirag project, the consortium said Friday.

Ecuador's Jan-May Oil Exports Rise 100% On Year To $3.6B

Παρ, 9 Ιουλίου 2010 - 18:55

Ecuador's crude oil export revenue totaled $3.6 billion for the January-May period, a 100% increase from $1.8 billion a year earlier, due to higher oil prices, the central bank reported Friday.

Obama Will Urge Boosting Clean Energy Tax Credit

Παρ, 9 Ιουλίου 2010 - 14:48

President Barack Obama will urge the U.S. Congress on Friday to extend a manufacturing tax credit by $5 billion to foster private investment in clean energy, a White House official said.