English Edition

BP Eyes Stake Sale as Spill Cost Tops $3 billion

Δευ, 5 Ιουλίου 2010 - 15:44

Shareholders in British oil company BP balked at reports it would seek urgent investment from a wealthy Middle East or Asian country as clean-up costs for its U.S. oil spill topped $3 billion.

Solar Thermal Electricity (STE) Reaches Marketability

Δευ, 5 Ιουλίου 2010 - 15:39

A joint study by A.T. Kearney and the European Solar Thermal Electricity Association, ESTELA, shows the growing mid-term potential of STE to progressively substitute conventional energy sources and complement the renewable energy sources portfolio with a cost-competitive dispatchable solutio

Russian Oil Output Reaches Post-Soviet High In June

Παρ, 2 Ιουλίου 2010 - 19:17

Russia, the world's biggest oil producer, boosted output to a post-Soviet high of 10.13 million barrels a day of crude oil and gas condensate in June, up from 10.08 million in May, Interfax news agency reports Friday, citing statistics from the Energy Ministry.

Belarus, Russia Sign Long-awaited Gas Transit Deal

Παρ, 2 Ιουλίου 2010 - 19:17

Belarus and Russia Friday signed a gas transit deal expected to end disagreements that caused brief shortages of Russian natural gas in Europe last week, Russia's state gas firm OAO Gazprom (GAZP.RS) said Friday.

Obama Aide: Offshore Drilling May Be Best For Large Companies

Παρ, 2 Ιουλίου 2010 - 19:16

The White House's top energy and climate advisor said companies drilling for oil offshore should be able to pay for any damages caused by spills, even if removing a cap on damage claims means small companies can't operate offshore.

France To Help Morocco's Nuclear Energy Drive

Παρ, 2 Ιουλίου 2010 - 19:15

France signed a co-operation accord with Morocco Friday to help the north African country advance its plans to build a nuclear power plant.

Ukraine Wants US To Invest In Gas Transit Line Repairs -Report

Παρ, 2 Ιουλίου 2010 - 19:15

Ukraine is urging the U.S. to invest in its energy sector, including in modernizing its gas transportation infrastructure, Russian news agency RIA Novosti reports on its website Friday, citing Ukraine's foreign minister.

Bulgaria to Set Up New Body for Renewable Project Mapping

Παρ, 2 Ιουλίου 2010 - 14:34

Bulgaria will establish a new government agency in 2011 that will be in charge of sustainable energy development, according to the country’s new sector strategy by 2020, Dnevnik wrote. The document was presented on Thursday, just hours after it was submitted with the European Commission (EC). The new government body will succeed the existing Energy Efficiency Energy, which will be closed.

Conclusions of the EU-OPEC Energy Dialogue

Παρ, 2 Ιουλίου 2010 - 14:32

The seventh ministerial-level meeting of the Energy Dialogue between the European Union (EU) and the Organisation of the Petroleum Exporting Countries (OPEC) took place in Brussels this week, in presence of Günther Oettinger, EU Commissioner for Energy.

Industry Talks Up Gas as Solution to EU’s Energy Challenges

Παρ, 2 Ιουλίου 2010 - 14:06

Europe should turn to natural gas in its search for the affordable and reliable energy sources of the future, energy company representatives said at the European Business Summit (EBS) yesterday (1 July).

Beltransgaz, Gazprom Sign Additional Agreement to Transit Contract

Παρ, 2 Ιουλίου 2010 - 14:05

Beltransgaz and Gazprom has signed an additional agreement to the contract for gas transit across the Belarussian territory, Beltransgaz director-general Vladimir Mayorov told reporters on Friday.

Rise in VAT Rates

Παρ, 2 Ιουλίου 2010 - 14:02

Rise in VAT rates in force as of Thursday, second in three and a half months, will push up prices in several broad consumption products. Furthermore, VAT has for the first time introduced to a number of new services such as private clinics, notaries publics, lawyers.

Price of Natural Gas in Bulgaria to Soar by 25 per cent