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Spain Renewables Shares Lifted By Agreement With Government

Spain Renewables Shares Lifted By Agreement With Government

Δευ, 5 Ιουλίου 2010 - 18:56

Spanish renewable energy shares rose Monday after the government and part of the industry announced Friday an agreement on the new rules that will be applied in coming years to wind- and solar thermal-generated energy technologies.

Lukoil To Drill 12 Offshore Wells In Guinea

Lukoil To Drill 12 Offshore Wells In Guinea

Δευ, 5 Ιουλίου 2010 - 18:55

Russian oil producer OAO Lukoil Holdings (LKOH.RS) plans to drill twelve wells off the coast of Guinea in West Africa over the next two and a half years, the company said Monday.

Saudi King: Halt To Oil Exploration To Save Wealth

Saudi King: Halt To Oil Exploration To Save Wealth

Δευ, 5 Ιουλίου 2010 - 15:47

Saudi Arabia's King Abdullah has ordered a halt to oil exploration operations to save the hydrocarbon wealth in the world's top crude exporting nation for future generations, the official Saudi Press Agency, or SPA, reported late Saturday.

China Convicts U.S. Geologist of Stealing State Secrets

China Convicts U.S. Geologist of Stealing State Secrets

Δευ, 5 Ιουλίου 2010 - 15:45

A geologist accused of stealing state secrets after he brokered the sale of an oil database has been sentenced to eight years in jail, the U.S. embassy said on Monday, over two-and-one-half years after he was detained.

BP Eyes Stake Sale as Spill Cost Tops $3 billion

BP Eyes Stake Sale as Spill Cost Tops $3 billion

Δευ, 5 Ιουλίου 2010 - 15:44

Shareholders in British oil company BP balked at reports it would seek urgent investment from a wealthy Middle East or Asian country as clean-up costs for its U.S. oil spill topped $3 billion.

Solar Thermal Electricity (STE) Reaches Marketability

Solar Thermal Electricity (STE) Reaches Marketability

Δευ, 5 Ιουλίου 2010 - 15:39

A joint study by A.T. Kearney and the European Solar Thermal Electricity Association, ESTELA, shows the growing mid-term potential of STE to progressively substitute conventional energy sources and complement the renewable energy sources portfolio with a cost-competitive dispatchable solutio

Russian Oil Output Reaches Post-Soviet High In June

Russian Oil Output Reaches Post-Soviet High In June

Παρ, 2 Ιουλίου 2010 - 19:17

Russia, the world's biggest oil producer, boosted output to a post-Soviet high of 10.13 million barrels a day of crude oil and gas condensate in June, up from 10.08 million in May, Interfax news agency reports Friday, citing statistics from the Energy Ministry.

Belarus, Russia Sign Long-awaited Gas Transit Deal

Belarus, Russia Sign Long-awaited Gas Transit Deal

Παρ, 2 Ιουλίου 2010 - 19:17

Belarus and Russia Friday signed a gas transit deal expected to end disagreements that caused brief shortages of Russian natural gas in Europe last week, Russia's state gas firm OAO Gazprom (GAZP.RS) said Friday.

Obama Aide: Offshore Drilling May Be Best For Large Companies

Obama Aide: Offshore Drilling May Be Best For Large Companies

Παρ, 2 Ιουλίου 2010 - 19:16

The White House's top energy and climate advisor said companies drilling for oil offshore should be able to pay for any damages caused by spills, even if removing a cap on damage claims means small companies can't operate offshore.

France To Help Moroccos Nuclear Energy Drive

France To Help Morocco's Nuclear Energy Drive

Παρ, 2 Ιουλίου 2010 - 19:15

France signed a co-operation accord with Morocco Friday to help the north African country advance its plans to build a nuclear power plant.

Ukraine Wants US To Invest In Gas Transit Line Repairs -Report

Ukraine Wants US To Invest In Gas Transit Line Repairs -Report

Παρ, 2 Ιουλίου 2010 - 19:15

Ukraine is urging the U.S. to invest in its energy sector, including in modernizing its gas transportation infrastructure, Russian news agency RIA Novosti reports on its website Friday, citing Ukraine's foreign minister.

Bulgaria to Set Up New Body for Renewable Project Mapping

Bulgaria to Set Up New Body for Renewable Project Mapping

Παρ, 2 Ιουλίου 2010 - 14:34

Bulgaria will establish a new government agency in 2011 that will be in charge of sustainable energy development, according to the country’s new sector strategy by 2020, Dnevnik wrote. The document was presented on Thursday, just hours after it was submitted with the European Commission (EC). The new government body will succeed the existing Energy Efficiency Energy, which will be closed.