English Edition

Greece's PPC 2Q Net Profit Drops 60% To EUR90.4M

Πεμ, 26 Αυγούστου 2010 - 18:10

Greek state-controlled electric utility Public Power Corp. SA (PPC.AT) said Thursday its second-quarter net profit dropped 60% on falling sales and rising costs but added it was on course to meet full-year targets.

Sinohydro Starts Building Ecuador's Largest Hydropower Project

Πεμ, 26 Αυγούστου 2010 - 18:10

China's Sinohydro Corp. has started construction of the 1,500 megawatt-capacity Coca Codo Sinclair hydropower station, the largest hydropower project in Ecuador, China Electric Power News said Thursday.

Merkel Says Nuclear Tax To Help Reduce Budget Deficit

Πεμ, 26 Αυγούστου 2010 - 18:09

German Chancellor Angela Merkel said Thursday that the proposed levy on nuclear fuel rods, which utilities have said would eat into their profits, is part of the government's efforts to reduce the public budget deficit.

Syria Seeks First Foreign Investment In Power Plants

Πεμ, 26 Αυγούστου 2010 - 18:09

Syria wants international companies to set up the country's first private power generation plant north of the capital Damascus at a cost of about $300 million as it seeks to open up more of its economy to foreign investment.

Nigerian President Wants To Privatize Electricity Sector

Πεμ, 26 Αυγούστου 2010 - 18:08

Nigerian President Goodluck Jonathan Thursday laid out plans to privatize most of the country's power sector, with corruption and mismanagement leading to daily outages in the oil-rich nation.

Minitry of Energy: 2010 Law for the Development of RES in English

Πεμ, 26 Αυγούστου 2010 - 17:38

The Greek Ministry of Energy has released the new law (2010) for the development of renewables in english.

PPC Consolidated 1H 2010 Financial Results

Πεμ, 26 Αυγούστου 2010 - 16:43

EBT in 1H 2010 amounted to € 463.6 m, compared to € 636.3 m in 1H 2009, a decrease of € 172.7 m (-27.1%), while net income amounted to € 347.9 m, versus € 475.2 m respectively, a reduction of € 127.3 m (-26.8%).

Energy Prices, Speculation to Blame for Recent Food Price Hike, says World Bank

Πεμ, 26 Αυγούστου 2010 - 14:59

A EU-World Bank analysis of the causes of the 2007-2008 food price crisis blames energy prices and financial speculators for the hikes, downplaying the role of biofuels and increased demand in developing countries.

India Risks Nuclear Isolation With Break From Chernobyl Accord

Πεμ, 26 Αυγούστου 2010 - 14:57

India’s push to end a three-decade ban on buying nuclear equipment from abroad may founder on laws passed by its own parliament.

Iran Eyes Nuclear Fuel Consortium with Russia

Πεμ, 26 Αυγούστου 2010 - 14:46

Iran has proposed to Russia establishing a nuclear consortium to supply fuel to the Bushehr plant and other nuclear power plants that will be set up in the future, Iran's nuclear chief said on Thursday.

China Plans Three Pipelines

Πεμ, 26 Αυγούστου 2010 - 14:45

The Yunnan Information Daily said the local branch company of the China National Petroleum Corporation (CNPC) had already drawn up environmental impact assessments for a network of three product oil pipelines connecting the provincial capital, Kunming, with the cities of Anning, Quqing, Chuxiong, Dali, Yuxi and Baoshan.

Iraq Resumes Crude Oil Pumping To Turkey

Τετ, 25 Αυγούστου 2010 - 18:12

Iraq has resumed pumping crude oil from its Kirkuk fields to the Turkish port of Ceyhan on the Mediterranean since Tuesday afternoon following a closure that lasted five days, a Middle East shipping agent said Wednesday.

Statoil: Snorre Field Has Enough Oil For Production To 2040

Τετ, 25 Αυγούστου 2010 - 18:11

Statoil said Wednesday it has concluded, following surveys, that the Snorre oil field has enough oil for production until 2040.

Kuwait, Iraq Agree On Oil Output From Border Fields

Τετ, 25 Αυγούστου 2010 - 18:11

Kuwait and Iraq have agreed "in principle" on a deal to regulate production from the border oil fields that once caused conflict between the two Arab states, the Kuwaiti oil minister said Wednesday.

China Official: Hydropower Capacity Goal Challenging

Τετ, 25 Αυγούστου 2010 - 18:11

China's goal of 380 gigawatts of installed hydropower generating capacity by 2020 is challenging but achievable, the state-run Xinhua News Agency reports Wednesday, citing Zhang Guobao, head of the National Energy Administration.

BHP Billiton CEO: Only A Few Cos Capable Of Bidding For Potash-CNBC

Τετ, 25 Αυγούστου 2010 - 18:10

BHP Billiton Ltd. (BHP) Chief Executive Marius Kloppers Wednesday said only a few companies are capable of assembling the kind of financing needed to compete with the company's unsolicited all-cash $38.6 billion offer for Potash Corp. of Saskatchewan Inc. (POT).