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Cyprus Pushes Ahead With New Licensing

Cyprus Pushes Ahead With New Licensing

Τετ, 19 Μαΐου 2010 - 17:25

Cyprus said today it was close to proceeding with a second licensing round for offshore oil exploration and is wrapping up the preparatory work.

Nuclear Cooperation Deal to Bring Russian Technologies to U.S.

Nuclear Cooperation Deal to Bring Russian Technologies to U.S.

Τετ, 19 Μαΐου 2010 - 13:23

A Russia-U.S civilian nuclear cooperation deal will help Russian companies enter the U.S. nuclear technology market and allow nuclear operators from both countries to gain access to unique reactor-building and nuclear fuel technologies, Russian experts said.

Iraq April Oil Exports 1.76M B/D, Down 4.3% On Month

Iraq April Oil Exports 1.76M B/D, Down 4.3% On Month

Τρι, 18 Μαΐου 2010 - 19:14

Iraqi crude oil exports in April fell 4.3% to 1.76 million barrels a day, compared with 1.84 million barrels a day in March, due to rough weather at the southern oil terminal and sabotage at the northern oil export pipeline, a spokesman for the Iraqi oil ministry told Dow Jones Newswires Tuesday.

Few New Nuclear Plants Likely By 2020 –Simmons

Few New Nuclear Plants Likely By 2020 –Simmons

Τρι, 18 Μαΐου 2010 - 19:12

Only four or five new nuclear power plants are likely to be constructed in the U.S. by 2020, analysts with Simmons & Company International write in a note to clients. "Within the US, despite recent positive talk from the Federal Government, in general we believe that the 'new nuclear' build-out is progressing at a slower pace than we would like to see," Simmons writes.

Medvedev: Russia Would Welcome Ukraine In Security Bloc-Report

Medvedev: Russia Would Welcome Ukraine In Security Bloc-Report

Τρι, 18 Μαΐου 2010 - 19:11

Russian President Dmitry Medvedev said Tuesday that Russia would welcome Ukraine taking a role in the Collective Security Treaty Organization, but any decision to participate must be made by Ukraine alone, the RIA Novosti news agency reports.

Costly Energy

Costly Energy

Τρι, 18 Μαΐου 2010 - 15:13

Spain, which has the second-largest number of solar panels in the world, and Greece lead other European countries in costs for obtaining approval to build solar power plants, a lobby group said.

Power Cuts

Power Cuts

Τρι, 18 Μαΐου 2010 - 15:11

The union representing workers at the Public Power Corporation (PPC) is to join a general strike this Thursday, which could result in power cuts. PPC workers are also due to join rolling 48-hour strike action from the evening of Tuesday, May 25. Their union is protesting austerity measures and plans to reform the country’s creaking pension system.

Harnessing the Inexhaustible Energy of the Sun

Harnessing the Inexhaustible Energy of the Sun

Τρι, 18 Μαΐου 2010 - 14:50

The sun is an inexhaustible source of energy. A concentrated solar power plant covering just a small percentage of the surface area of the Sahara Desert (300 km x 300 km) could theoretically generate enough power to meet the needs of the entire earth. Electricity from solar thermal plants also has the advantage that it generates no harmful CO2 emissions.

Austrias Alpine Bau Withdraws from Bulgarian Hydro-Power Project

Austria's Alpine Bau Withdraws from Bulgarian Hydro-Power Project

Τρι, 18 Μαΐου 2010 - 14:48

Austrian construction company Alpine Bau withdrew from the consortium that was slated to buy a 30 per cent stake in a Bulgarian 500 million euro hydro-power plant project, its partner in the consortium, Austrian utility company EVN, said in a statement.

EU Boiler Efficiency Negotiations Drag On

EU Boiler Efficiency Negotiations Drag On

Τρι, 18 Μαΐου 2010 - 14:47

The European Commission has delayed tabling planned energy-efficiency standards for central heating boilers commonly used by households, after its attempts to put together a proposal repeatedly bounced back due to technical difficulties.