English Edition

Obama Will Urge Boosting Clean Energy Tax Credit

Παρ, 9 Ιουλίου 2010 - 14:48

President Barack Obama will urge the U.S. Congress on Friday to extend a manufacturing tax credit by $5 billion to foster private investment in clean energy, a White House official said.

Russian Sub Could Stop Oil Leak

Παρ, 9 Ιουλίου 2010 - 14:46

Russian-owned submersibles would be able to cap the oil leak in the Gulf of Mexico, the captain of one of the vessels has said. The skipper was speaking as two of the subs - which can dive to 6,000m - started a campaign of exploration at the bottom of Lake Baikal in Siberia.

Gazprom Neft May Buy 200 Filling Stations From Bulgaria's Petrol-Paper

Πεμ, 8 Ιουλίου 2010 - 19:03

Bulgarian fuel distributor Petrol AD (5PET.BG) is in advanced talks to sell 200 gasoline stations to Russia's OAO Gazprom Neft (SIBN.RS), the Dnevnik daily reported Thursday on its website, citing unnamed sources.

Oil, Gas Drillers Raise Voices As Debate Over Ban Intensifies

Πεμ, 8 Ιουλίου 2010 - 19:03

Crew members of the Danny Adkins, a drilling rig owned by Noble Corp. (NE), watched new paint dry as they waited for the resolution of the Gulf's biggest drama: whether the temporary ban on offshore drilling imposed by the Obama administration will stick.

China Begins Operating Country's First UHV DC Power Line

Πεμ, 8 Ιουλίου 2010 - 19:02

China's first ultra-high voltage direct current power transmission line began operating Thursday, linking eight provinces from Xiangjiaba in Sichuan province to Shanghai city, the Shanghai city government said on its official website.

China's First Large Offshore Wind Project Officially Comes Online

Πεμ, 8 Ιουλίου 2010 - 19:02

China's first large offshore wind project, at Shanghai's East China Sea bridge, officially started operations Tuesday, the Shanghai municipal government said.

Bulgaria Still Pays for Belene NPP Without Strategic Investor

Πεμ, 8 Ιουλίου 2010 - 17:05

While it is still struggling to bring a strategic investor onboard, Bulgaria will continue to make payments to Russian contractor AtomStroyExport for the construction of the first reactor of the future Belene nuclear power plant project, it emerged on ameeting between Bulgarian Prime Minister Boiko Borissov and Russia's first deputy prime minister Viktor Zubkov.

EU to Seek Temporary Ban on Deep-Water Oil Permits

Πεμ, 8 Ιουλίου 2010 - 13:49

EU energy commissioner Gunther Oettinger has indicated that member states should stop giving out fresh permits for deep-water oil drilling in the light of the BP oil catastrophe.

Final Tests Completed at Iran's Bushehr NPP

Πεμ, 8 Ιουλίου 2010 - 13:47

Final tests were completed at the Bushehr Nuclear Power Plant in Iran ahead of the scheduled launch in mid-September, Russia's Atomstroyexport said in a statement on Thursday.

Green RES Drive Could Generate Jobs

Πεμ, 8 Ιουλίου 2010 - 13:47

Investment in the green economy and harnessing renewable energy sources (RES) could generate more than 200,000 jobs at a time that unemployment is rising and an unprecedented debt crisis is threatening the future of many traditional sectors, a new study has found.

ExxonMobil To Start Production At Sakhalin-1 Field In 3Q

Τετ, 7 Ιουλίου 2010 - 18:58

The Sakhalin-1 consortium, operated by Exxon Mobil Corp. (XOM), plans to start production at the Odoptu field off Russia's Pacific coast in the third quarter of 2010, the U.S. oil major said Wednesday.

Oil Drillers Take Defiant Stance Against Ban

Τετ, 7 Ιουλίου 2010 - 18:57

The International Association of Drilling Contractors is striking a defiant tone amid the fight to stave off a drilling moratorium in US federal waters. The presenters' slideshow at a Houston gathering calls Martin Feldman, the federal judge in Louisiana who struck down the moratorium last month, a "hero

French Oil Co. Total Ramps Up Clean-Tech Investing

Τετ, 7 Ιουλίου 2010 - 18:57

Total S.A. (TOT, FP.FR) is increasing its clean technology venture investing in Europe and North America, as it seeks to diversify outside of oil, according to a senior official at the French company.