English Edition

EU Energy Commissioner’s Speech at the Odessa Forum

Πεμ, 2 Σεπτεμβρίου 2010 - 18:07

In its Communication on the Black Sea Synergy (April 2007), the European Commission pointed out that "the Black Sea region is a production and transmission area of strategic importance for EU energy supply security. It offers significant potential for energy supply diversification and it is therefore an important component of the EU’s external energy strategy."

BP Sells Stakes In 2 Malaysia Petrochemical Firms To Petronas

Τετ, 1 Σεπτεμβρίου 2010 - 19:18

Oil major BP PLC (BP) Wednesday said it agreed to sell its equity stakes in two Malaysian petrochemical businesses to Malaysia's Petroliam Nasional Bhd. for $363 million in cash plus a dividend payment.

China Real Time Report: Mongolia Aims To Export Wind Power

Τετ, 1 Σεπτεμβρίου 2010 - 19:18

Mongolia, one day, hopes to export more than just coal to neighboring China. At a recent cabinet meeting, Prime Minister Sukhbaatar Batbold outlined plans to ramp up the country's investments in alternative energy and to export wind power to China--enough to equal 40 million tons of coal.

Uganda Calls For Bids For Construction Of 700MW Karuma Power Plant

Τετ, 1 Σεπτεμβρίου 2010 - 19:18

The Ugandan government has issued an international tender for the construction of the 700 Megawatt Karuma power station located on the River Nile, the Ministry of Energy and Minerals Development said Wednesday.

Greenpeace Still Blocks Cairn's Greenland Drilling

Τετ, 1 Σεπτεμβρίου 2010 - 19:17

Greenpeace protesters remain attached to the underside of a drilling rig contracted to Cairn Energy PLC (CNE.LN) offshore Greenland, shutting down operations on the rig for safety reasons, the environmental group said in a statement on its website Wednesday.

Spain Solar Plants To Shift To Roof-Tops -SunPower Execs

Τετ, 1 Σεπτεμβρίου 2010 - 19:16

Cuts in subsidies to solar power will make the installation of new photovoltaic solar farms in Spain challenging, and foster a shift toward more roof-top plants, executives of U.S. solar power company SunPower Corp. (SPWRB) said Wednesday.

Ukraine Hopes to Revise Gas Contract with Russia says PM

Τετ, 1 Σεπτεμβρίου 2010 - 17:01

Ukraine hopes to find a compromise on the price at which Russia supplies it with gas, Ukrainian Prime Minister Mykola Azarov said on Wednesday, calling the current formula "enslaving."

Eni Awards Halliburton Contract to Provide Multiple Energy Services in Iraq

Τρι, 31 Αυγούστου 2010 - 19:08

Halliburton (NYSE:HAL) has been awarded a contract by Eni to provide a range of integrated energy services toward the redevelopment of the Zubair field in southern Iraq.

Lukoil: No Plans To Buy All Of Its Shares From ConocoPhillips

Τρι, 31 Αυγούστου 2010 - 19:08

Russia's biggest privately owned oil producer, OAO Lukoil Holdings (LKOH.RS), won't execute in full its option to buy back its shares from ConocoPhillips (COP), the oil company's vice president told reporters Tuesday.

Iran Needs Two Weeks To Fully Load Fuel In Nuclear Plant

Τρι, 31 Αυγούστου 2010 - 19:07

Iran will need two more weeks to complete the process of loading fuel into its Russian-built first nuclear power plant, atomic chief Ali Akbar Salehi said.

Poland Downplays EU Concerns Over Polish-Russia Gas Deal

Τρι, 31 Αυγούστου 2010 - 19:07

Poland expects to iron out the details of the new Polish-Russian gas agreement in negotiations with the European Commission, with the long-awaited agreement to be ready for signature "in a dozen or so days," Polish Prime Minister Donald Tusk said Tuesday.

Iraq May Take 2 More Days To Resume Oil Flow To Turkey-Official

Τρι, 31 Αυγούστου 2010 - 19:06

Crude oil pumping from northern Iraq's Kirkuk oil fields to the Turkish Ceyhan port, which has been on hold since Sunday, is expected to resume in two days time, a senior Iraqi oil official said Tuesday.

Nigeria Begins Privatization Of Power Firms, Seeks Advisers

Τρι, 31 Αυγούστου 2010 - 19:06

Nigeria's Bureau of Public Enterprises, or BPE, has started consulting advisers on the privatization of the 18 firms that make up the Power Holding Company of Nigeria, or PHCN, the bureau said in a statement Tuesday.

Merkel: Nuclear Plants Could Run up to 2035

Τρι, 31 Αυγούστου 2010 - 13:45

German Chancellor Angela Merkel spoke out in favour of extending the use of nuclear power plants in Germany in a television interview on 29 August, saying it would be reasonable if they could run another 10 to 15 years.

Poland Smells German Foul Play Over Gas Terminal

Τρι, 31 Αυγούστου 2010 - 13:44

Berlin is opposed to Poland receiving an EU grant to construct an LNG gas terminal on its Baltic coast due to environmental concerns. But the Polish press argues that the real cause of Germany's unease is that the new terminal would compete with the Nord Stream gas pipeline.

Green Energy Will Be Pushing Electricity Price in Bulgaria Up by 3 Per Cent Annually

Τρι, 31 Αυγούστου 2010 - 13:43

The price of electricity in Bulgaria will be rising by 3-4 per cent annually until 2013 if all projects for wind parks and photovoltaic power plants are implemented as applied for, State Energy and Water Regulatory Commission (SEWRC) member Plamen Denchev warned, quoted by the"Sega" daily.