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TNK-BP To Triple 2010 Exploration Investments To $400 Mln

Τετ, 31 Μαρτίου 2010 - 18:21

Iraq To Hit Only Half 12M B/D Oil Output Target -CERA

Τετ, 31 Μαρτίου 2010 - 18:20

Iraq is only likely to achieve around half its target of growing oil production to 12 million barrels a day in the next six or seven years, Cambridge Energy Research Associates, which is part of energy consultancy IHS, said Wednesday.

Despite Profit, PPC Shares Fall

Τετ, 31 Μαρτίου 2010 - 16:40

State-controlled power company Public Power Corporation (PPC) showed lower-than-expected profits for 2009 after it took a write-down on its property and recession hurt its clients.

Bulgaria is Among the Top Investment Destinations in Southeast Europe

Τετ, 31 Μαρτίου 2010 - 14:24

According to 54% of the companies, our country will attract more foreign capital over the next 3 years Bulgaria ranked third among countries in Southeast Europe in terms of attracting foreign direct investments (FDI), showed a survey of the U.S. Ernst & Young company, conducted among 203 executives of multinational companies in late 2009.

Austrian Utility EVN To Invest 51.1 Mln Euro in Cogeneration Unit in Bulgaria

Τετ, 31 Μαρτίου 2010 - 14:23

Austrian power utility EVN will invest some 100 million levs ($69.7 million/51.1 million euro) in a new cogeneration unit in Bulgaria's second largest city of Plovdiv.

Russia, IAEA Agree To Establish World's First Nuclear Fuel Bank

Τετ, 31 Μαρτίου 2010 - 14:21

Russia has signed a deal with the UN's nuclear watchdog, the International Atomic Energy Agency (IAEA), to set up the world's first nuclear fuel bank of low-enriched uranium for countries that need fuel for civilian purposes, including nuclear power plants.

World Energy Briefing Hears of Peak Oil by 2020

Τετ, 31 Μαρτίου 2010 - 14:10

The world’s energy ministers are currently discussing a forecast of global oil supplies “peaking between 2020-2025.” The International Energy Forum is the world’s largest gathering of Energy Ministers, who collectively represent “more than 90 per cent of global oil and gas supply and demand.” It is meeting March 29 –31 at the Mexican resort of Cancun.

Obama to Announce Expanded Offshore Oil Drilling Plan

Τετ, 31 Μαρτίου 2010 - 14:08

U.S. President Barack Obama will today announce proposals to allow oil and natural-gas drilling off U.S. coastlines in the Atlantic Ocean and Gulf of Mexico when he delivers a speech on energy security.

Greece Plans to Sell Global Dollar Bond by Early May

Τετ, 31 Μαρτίου 2010 - 14:07

Greece plans to sell a global bond in dollars in the next two months to help raise 11.6 billion euros ($15.6 billion) in funding requirements by the end of May after investors lost money on its most recent sale.

Iranian Nuclear Scientist Defects to U.S.

Τετ, 31 Μαρτίου 2010 - 12:16

An Iranian nuclear scientist who has been missing since June has defected to the United States and is helping the CIA, ABC news reported on Tuesday.

OPEC Undecided on Action if Oil Breaks from $70-80

Τετ, 31 Μαρτίου 2010 - 12:15

OPEC officials on Tuesday appeared undecided on how to respond if oil prices rose definitively above the $70-80 a barrel range they have praised this month, highlighting a looming challenge for the cartel.

A Bright Future Shines on the Solar Photovoltaic Electricity Market

Τρι, 30 Μαρτίου 2010 - 17:40

The global solar photovoltaic electricity (PV) market counted an additional increase in installed capacity of about 6.4 GW in 2009, reaching a total capacity of over 20 GW world-wide. This has been the most important annual capacity increase ever and is particularly impressive in light of the difficult financial and economical circumstances during the past year.