English Edition

The Race is on for Greenland's Arctic Oilfields

Δευ, 27 Σεπτεμβρίου 2010 - 13:08

As the world's largest island, with a population of just 56,000, Greenland's economy was – until now – driven primarily by fishing exports. Last week, Cairn Energy, the UK exploration company, was the latest oil firm to announce that it had found further evidence of oil in one of its key Arctic fields.

Greece, Qatar Sign $5B Investment Memorandum

Παρ, 24 Σεπτεμβρίου 2010 - 19:10

Greece and Qatar Friday signed a framework for the Gulf emirate to make investments in the debt-strapped country worth $5 billion over the next few years, the government said.

Poland Says Closer To Russian Gas Deal, Final Talks In Oct

Παρ, 24 Σεπτεμβρίου 2010 - 19:09

Poland and Russia have moved "significantly closer" to reaching a revised long-term agreement for natural gas deliveries to Poland, with final talks expected in early October, Poland's Economy Ministry said in a statement Friday.

Angola Oil Minister: Output 1.9M B/D, Above OPEC Quota -Agency

Παρ, 24 Σεπτεμβρίου 2010 - 19:09

Angola is still producing 1.9 million barrels a day of oil, state media quoted the country's oil minister as saying Friday, well in excess of its quota with the Organization of Petroleum Exporting Countries.

EU: Ukraine Energy Pact Entry To Boost Supply Security

Παρ, 24 Σεπτεμβρίου 2010 - 19:09

Ukraine's entry in Energy Community, a pact that ensures countries share the same legal framework for energy investments, will enhance Europe's security of gas supply, the European Commission said Friday.

Tanzania Targets 75% Electricity Access By 2033-Paper

Παρ, 24 Σεπτεμβρίου 2010 - 19:08

At least 75% of Tanzania's population will have access to electricity by 2033 if there is greater innovation and financial investment in the sector, The Guardian newspaper reports Friday citing projections by the Energy and Minerals Ministry.

Russia Lowers 2010 Gas Export Forecast To 185.2 BCM - Interfax

Παρ, 24 Σεπτεμβρίου 2010 - 19:08

Russia's Economy Ministry has lowered its forecast for the country's natural gas exports for 2010 to 185.2 billion cubic meters, the Interfax news agency reports Friday citing a ministry report.

U.S. Seen Losing Renewable Energy Race to Asia

Παρ, 24 Σεπτεμβρίου 2010 - 13:46

Several Asian countries in addition to China could soon challenge the United States in the race to build a renewable energy industry if Washington doesn't provide more incentives for its domestic business, venture capitalists and others told a Congressional hearing on Wednesday.

Will Russia Benefit from Arctic Exploration?

Παρ, 24 Σεπτεμβρίου 2010 - 13:44

Samir Shakhbaz interviews Anatoly Dmitriyevsky, Member of the Russian Academy of Sciences and Director of the Academy’s Institute of Oil and Gas Problems.

Ukraine, Russia Resume Work of Gas Consortium

Παρ, 24 Σεπτεμβρίου 2010 - 13:43

Shareholders of the Ukrainian-Russian company “International Consortium for the Management and Development of the Ukrainian Gas Transportation System” are initiating the lifting of the ban on the participation of foreign companies in the management of the Ukrainian gas pipelines, Anatoly Podmyshalsky, head of the Gazprom department for work with former USSR republics, president of Gazprom Sbyt Ukraine Company, said in his report at the forum entitled “Ukrainian fuel and energy complex: today and tomorrow.”

Central Europe the key factor in EU Energy future?

Παρ, 24 Σεπτεμβρίου 2010 - 13:32

Shale gas deposits exist throughout Central Europe. Initial exploration is already under way in Poland, Sweden and Germany, but additional exploration is needed to determine the extent of the reserves. Conservative estimates place the potential at roughly 5% of existing global supply.

Bulgaria, Greece Move Ahead with 130 Mln Euro Gas Link Project

Παρ, 24 Σεπτεμβρίου 2010 - 13:30

Bulgaria, Greece Move Ahead with 130 Mln Euro Gas Link Project Bulgaria and Greece reached an agreement on all unresolved issues regarding the construction of a 130 million euro ($174 million) gas link between the two countries, the Bulgarian energy ministry said.