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EU Commissioner Sees Russia As Energy Partner For Decades

EU Commissioner Sees Russia As Energy Partner For Decades

Πεμ, 8 Απριλίου 2010 - 19:31

Russia will remain the European Union's main energy partner for decades, the newly appointed European Energy Commissioner Guenther Oettinger said Thursday, an indication that the bloc's policy of significantly cutting its dependence on its eastern neighbor for energy remains a distant goal.

Nord Stream Hopes Complete 2nd Stage Financing In 4Q

Nord Stream Hopes Complete 2nd Stage Financing In 4Q

Πεμ, 8 Απριλίου 2010 - 19:31

Nord Stream AG, the OAO Gazprom (GAZP.RS)-led joint venture seeking to build an underwater pipeline from Russia to Germany, said Thursday it expects to complete EUR2.5 billion in financing for the second phase of the project in the fourth quarter of 2010.

Photovoltaic Park in Southern Greece Ready

Photovoltaic Park in Southern Greece Ready

Πεμ, 8 Απριλίου 2010 - 14:29

Positive Energy, a contractor that specializes in using renewable energy technologies, has completed the construction of a 100-kilowatt-peak (kWp) photovoltaic park in the southern Peloponnese, it said yesterday.

Oettinger to Attend Nord Stream Kick-Off Event in Russia

Oettinger to Attend Nord Stream Kick-Off Event in Russia

Πεμ, 8 Απριλίου 2010 - 13:35

Energy Commissioner Günther Oettinger arrived in Russia yesterday (7 April) for his first official visit outside the EU. During his stay, Oettinger will attend celebrations marking the launch of construction work on the Nord Stream gas pipeline.

Brussels Backs Down on Centralised Carbon Auction Plans

Brussels Backs Down on Centralised Carbon Auction Plans

Πεμ, 8 Απριλίου 2010 - 13:34

The European Commission has backed down on plans to establish a centralised platform for auctioning CO2 emission allowances from 2013, allowing Germany, the UK and other large emitters to organise auctions at national level, according to a draft proposal seen by EurActiv.

Russia to Sign Last Document on South Stream Gas Project by May

Russia to Sign Last Document on South Stream Gas Project by May

Πεμ, 8 Απριλίου 2010 - 13:33

Russia expects to sign the last document required to launch the South Stream gas pipeline construction by the end of April, Energy Minister Sergei Shmatko said on Thursday. "The last agreement, with Austria, will be signed already in April," Shmatko said.

Putin,Tusk Agree to Long-Term Russian Natural Gas Supplies to Poland

Putin,Tusk Agree to Long-Term Russian Natural Gas Supplies to Poland

Πεμ, 8 Απριλίου 2010 - 13:31

Russian Prime Minister Vladimir Putin and his Polish counterpart Donald Tusk agreed to long-term Russian natural gas supplies to Poland.Putin told journalists after the talks on Wednesday that the relevant documents would be signed shortly.

Oil To Hit $90/Bbl In A Week On Demand-Libya Oil Head

Oil To Hit $90/Bbl In A Week On Demand-Libya Oil Head

Τετ, 7 Απριλίου 2010 - 18:36

Oil prices could hit $90 a barrel as early as next week spurred on by rising demand from the U.S., Libya's top oil official said ahead of the release of a closely watched U.S. stockpiles report.

Iran President Condemns US Obamas Nuclear Policy

Iran President Condemns US Obama's Nuclear Policy

Τετ, 7 Απριλίου 2010 - 18:35

Iranian President Mahmoud Ahmadinejad Wednesday warned his U.S. counterpart Barack Obama of a "tooth-breaking" response, as he condemned Washington's new nuclear policy.

Eni: Talks Well Under Way To Sell 2 Italy Upstream Companies

Eni: Talks Well Under Way To Sell 2 Italy Upstream Companies

Τετ, 7 Απριλίου 2010 - 18:35

Eni SpA (E) is in advanced negotiations to sell two hydrocarbon companies in Italy as part of its efforts to cut debt and boost output internationally, the country's biggest oil and natural gas company by volume said in its annual report.

Eni: Kashagan Incurred Aggregate Costs Of $4.5B As Of End 09

Eni: Kashagan Incurred Aggregate Costs Of $4.5B As Of End '09

Τετ, 7 Απριλίου 2010 - 18:33

Eni SpA (E) said it incurred aggregate costs of $4.5 billion as of the end of last year for the massive Kashagan oil project in Kazakhstan, adding further amounts are needed to build related export infrastructure.

Pace of Reforms to Pick Up

Pace of Reforms to Pick Up

Τετ, 7 Απριλίου 2010 - 15:23

The government is to speed up plans to submit to Parliament a series of bills that herald several structural reforms, sources close to Prime Minister George Papandreou said yesterday after foreign media reports that Greece would seek to renegotiate the rescue package agreed with the eurozone and the International Monetary Fund caused fluctuations on stock and bond markets.