English Edition

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.

UN Climate-Change Organization Needs Reform--Report

Δευ, 30 Αυγούστου 2010 - 18:55

A group investigating the United Nations' Intergovernmental Panel on Climate Change released a report Monday saying the IPCC needs to make several changes to reduce errors and the chance of bias in its reports, including fundamentally reforming its management structure.

German Energy Demand Can Be Met By Renewables By 2050

Δευ, 30 Αυγούστου 2010 - 18:54

Most of Germany's energy demand can be met through renewable sources by 2050 but this is dependent on agreeing ambitious, multi-billion euro expenditure, according to the conclusions of a government-commissioned report into the country's future energy policy.

Electric Cars Can Succeed In Oil-rich States - Renaults Ghosn

Δευ, 30 Αυγούστου 2010 - 18:54

Electric cars can be successful in Gulf countries and other oil-rich states, but only with initial government help, the president and chief executive officer of Nissan Motor Co. (7201.TO) and Renault SA (RNO.FR) said Monday in Abu Dhabi.

Chevron Confirms Signed Agreement To Explore Oil, Gas In Liberia

Δευ, 30 Αυγούστου 2010 - 18:53

Chevron Corp. (CVX) said Monday it has signed an agreement to explore three deepwater concessions in Liberia.

Shell: 98% Of 2009 Nigerian Oil Spills Due To Sabotage, Theft

Δευ, 30 Αυγούστου 2010 - 18:53

Shell Petroleum Development Co., or SPDC, said Monday that sabotage and oil theft accounted for 98% of oil spilled from its Nigerian facilities in 2009, refuting criticism from Delta residents who accuse the company of poor maintenance.

BP: Weather Stalls Replacement Of Blow-Out Preventer In Gulf

Δευ, 30 Αυγούστου 2010 - 18:52

BP PLC (BP, BP.LN) said Monday that its efforts to remove a sealing cap and replace the blow-out preventer at the well that unleashed the Deepwater Horizon spill are on hold due to inclement weather in the U.S. Gulf of Mexico.

Bulgaria Needs Different Sources for Gas Price Drop

Δευ, 30 Αυγούστου 2010 - 14:11

The price of natural gas might drop by 16% but only if Bulgaria managed to diversify its sources, according to the Balkan and Black Sea Oil and Gas Association.

Industry Takes Battles Against Moratorium, New Taxes to Streets

Δευ, 30 Αυγούστου 2010 - 14:11

The oil industry is taking its lobbying to the streets on September 1, when it will stage rallies in three Texas cities - Houston, Port Arthur and Corpus Christi.

BP Said to Fault Own Engineers for Misinterpreting Well Data

Δευ, 30 Αυγούστου 2010 - 14:09

BP Plc’s internal investigation of the Deepwater Horizon rig disaster pins some of the blame on the company for mistakes made when finishing the oil well, including misreading pressure data that indicated a blowout was imminent, according to a person familiar with the report.