English Edition

EMISSION CRITICAL: Race To Convert CO2 Into Products Sharpens

Παρ, 2 Απριλίου 2010 - 15:07

The race to develop new ways to convert heat-trapping carbon dioxide gas into commercial products--ranging from baking soda and cement substitutes to green fuels--is stepping up as companies and researchers try to benefit from looming new regulations on emissions.

Iran's Chief Nuclear Negotiator Ends Visit To Beijing

Παρ, 2 Απριλίου 2010 - 15:07

Iran's chief nuclear negotiator ended a visit to Beijing with both countries calling for continued international negotiations over the Iranian nuclear program despite growing pressure on Beijing to back new sanctions against Tehran.

EU to Table Directive on Water Savings in Buildings

Παρ, 2 Απριλίου 2010 - 12:12

In the wake of new legislation to reduce the energy consumption of buildings and electric devices, the European Commission is determined to introduce similar measures for water.

Saudi Oil Minister: Opening US East Coast To Drilling Positive

Πεμ, 1 Απριλίου 2010 - 17:41

Saudi Arabian Oil Minister Ali al-Naimi said Wednesday that President Barack Obama's proposal to open a swath of the offshore U.S. East Coast to oil drilling was a positive development for meeting future energy demand.

Tokyo Launches Asia's First Carbon Emissions Trade Scheme

Πεμ, 1 Απριλίου 2010 - 17:40

The city of Tokyo on Thursday launched Asia's first scheme to trade carbon credits, aiming to lead Japan in the battle against greenhouse gas emissions blamed for climate change.

China Insists Iran Nuclear Crisis Needs Peaceful Resolution

Πεμ, 1 Απριλίου 2010 - 17:39

China on Thursday took a more prominent role in efforts to contain Iran's nuclear drive and President Hu Jintao announced that he will go to a major anti-proliferation summit in Washington this month.

Lukoil Asks Iraq To Clear Mines From Oil Field - Oil Official

Πεμ, 1 Απριλίου 2010 - 17:39

Russia's Lukoil OAO (LKOH.RS) has requested that Iraq clear mines from the supergiant West Qurna Phase 2 oil field in southern Iraq near the border with Iran, a senior Iraqi oil official said Thursday.

Shell May Earn $1.2B-$1.5B From Africa Asset Sale

Πεμ, 1 Απριλίου 2010 - 17:38

Royal Dutch Shell (RDSB.LN) could earn around $1.2 billion to $1.5 billion from the sale of its oil product distribution businesses in 21 African countries, says NCB Stockbrokers analyst Peter Hutton. However, Shell is unlikely to sell all the assets in a single deal, given the complexity of the portfolio, he says.

IMF Monitoring Greece Closely; Country Has Not Asked For Aid

Πεμ, 1 Απριλίου 2010 - 17:38

The International Monetary Fund is following developments in Greece closely and stands ready to help, but there's been no request for aid from the euro-zone country, an IMF official said Thursday.

Gas Market

Πεμ, 1 Απριλίου 2010 - 12:30

Greece said on Tuesday it had put the finishing touches on legislation to open to competition the country’s 1.5-billion-euro ($2.03 billion) natural gas market. The Energy Ministry said it had signed into law a batch of rules that clarify licensing and other technical issues.

Hu Jintao to Attend Nuclear Summit in Boost to Obama

Πεμ, 1 Απριλίου 2010 - 12:16

China’s President Hu Jintao will attend a nuclear summit in Washington this month in a boost to the Obama administration’s efforts to combat the spread of bomb- making materials.

Solar PV Sector Reports Record Growth in 2009

Πεμ, 1 Απριλίου 2010 - 12:13

The global solar photovoltaic industry experienced strong growth in 2009, adding a record 6.4 gigawatts of new capacity despite the global downturn, the European Photovoltaic Industry Association (EPIA) said on Monday (30 March).

Iran Negotiator To Hold Nuclear Talks With China

Τετ, 31 Μαρτίου 2010 - 18:23

Iran's chief nuclear negotiator, Saeed Jalili, will visit China Thursday to discuss the Islamic republic's nuclear issue with Beijing, which has resisted new sanctions against Tehran.

Cnooc 2009 Net Profit Down 34 per cent, Targets Output Boost

Τετ, 31 Μαρτίου 2010 - 18:22

Cnooc Ltd. (CEO), China's biggest offshore oil and gas producer by output, on Wednesday posted a 34% fall in 2009 net profit due to lower crude oil prices and higher operating costs, but said it expects its net profit this year to be boosted by increased production and higher energy prices as domestic demand recovers.

Bulgaria Adopts Urgent Anti-crisis Measures To Curb Deficit

Τετ, 31 Μαρτίου 2010 - 18:22

Bulgaria's government adopted Wednesday a package of 60 anticrisis measures in a move to curb its ever widening budget deficit. The measures aim to cut spending and boost revenues in order to add another 1.6 billion leva (EUR818 million) to the budget, Prime Minister Boyko Borisov told journalists before the cabinet meeting that approved the package.

Total To Extract 300 Mln Barrels Of Oil In Republic Of Congo

Τετ, 31 Μαρτίου 2010 - 18:21

French oil giant Total SA (TOT) is preparing an exploration project that will allow it to extract up to 300 million barrels of oil in the Republic of Congo, its Africa director said Wednesday.