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Bundled Oil Services Trend No Guarantee of Success

Bundled Oil Services Trend No Guarantee of Success

Τετ, 24 Φεβρουαρίου 2010 - 15:19

All the talk in financial services may now be about becoming leaner and more focused, but those that serve the oil and gas industry are nonetheless pushing ahead with efforts to be the "Citigroup" of drilling.

Worlds Largest Solar Project Set to Gain New Partners

Worlds Largest Solar Project Set to Gain New Partners

Τρι, 23 Φεβρουαρίου 2010 - 15:21

The Desertec project, which aims to power Europe with solar energy from the deserts of North Africa and the Middle East, is to go truly international next month as five new companies from Spain, Italy, France, Morocco and Tunisia join the scheme.

Bulgaria to Submit Financing Scheme After Ecological Expertise

Bulgaria to Submit Financing Scheme After Ecological Expertise

Τρι, 23 Φεβρουαρίου 2010 - 15:18

Bulgaria will submit a scheme of financing its share in the Burgas-Alexandroupolis project after a positive ecological expertise, Russia’s Minister of Power Engineering Sergei Shmatko told journalists on Saturday.

Group set up with Abu Dhabi

Group set up with Abu Dhabi

Τρι, 23 Φεβρουαρίου 2010 - 15:17

A working group consisting of officials from Greece and Abu Dhabi will meet in Athens in the coming weeks to look into boosting bilateral commercial ties in fields such as renewable energy sources and tourism, according to a Greek government source.

Irans Mottaki: IAEA Head Isnt Experienced Enough – Report

Iran's Mottaki: IAEA Head Isn't Experienced Enough – Report

Δευ, 22 Φεβρουαρίου 2010 - 17:56

Iran's foreign minister says "the sketchy report "issued by United Nations nuclear chief Yukio Amano shows he isn't experienced enough to pass judgment on Iran's enrichment program, Iran's state-controlled news agency Press TV reports on its Web site Monday.

Saudi Oil Min Meets US Energy Sec, Discusses Common Interests

Saudi Oil Min Meets US Energy Sec, Discusses Common Interests

Δευ, 22 Φεβρουαρίου 2010 - 17:56

Saudi Arabia's oil minister Ali Al Naimi met Monday U.S. Energy Secretary Steven Chu in Riyadh and discussed common energy interests between the two states, state-run Saudi Press Agency, or SPA, reports.

French Finance Min: Gas Tariff Change Still Being Calculated

French Finance Min: Gas Tariff Change Still Being Calculated

Δευ, 22 Φεβρουαρίου 2010 - 17:54

Changes to French regulated natural gas tariffs are still being calculated, a spokesman for the French Finance Ministry said Monday. Regulated natural gas tariffs are revised every three months in France according to a formula that takes into account changes in crude oil prices, among other factors.

Rosneft Likely To See Strong Demand For ESPO Crude

Rosneft Likely To See Strong Demand For ESPO Crude

Δευ, 22 Φεβρουαρίου 2010 - 17:54

Rosneft offers another three ESPO Blend crude cargoes for March, early April loading; likely to see strong demand for medium, sweet ESPO as more refiners in Asia, U.S. receptive to new grade; Rosneft offers 100,000 tons ESPO each for April 1, March 20, March 30 loading; tender closes Feb. 25.

Goldman Sees Oil At $85-$95/Bbl On Fundamentals

Goldman Sees Oil At $85-$95/Bbl On Fundamentals

Δευ, 22 Φεβρουαρίου 2010 - 17:47

Goldman Sachs expects oil to set a new range between $85-$95/bbl in 2010 on improving near-term fundamentals. The rally will be driven by stronger timespreads, as prompt prices come in line with higher long-dated prices.

Iraq «Wary of Foreign Oil Players»

Iraq «Wary of Foreign Oil Players»

Δευ, 22 Φεβρουαρίου 2010 - 15:59

Iraq has no further plans to use foreign companies to develop its oilfields beyond ones auctioned off last year, Prime Minister Nuri al-Maliki has said, ahead of a national election next month. Analysts say that foreign companies may have accepted the tough terms in oilfield development contracts awarded in two rounds last year partly to secure an initial foothold in Iraq

Hydrogen taxi cabs to serve London by 2012 Olympics

Hydrogen taxi cabs to serve London by 2012 Olympics

Δευ, 22 Φεβρουαρίου 2010 - 15:12

A taxi cab that runs on the latest hydrogen fuel cell technology is being developed with the aim of being ready for full road trials in time for the 2012 Olympics. The car looks and drives just like a standard London black cab – but underneath the bonnet is some cutting-edge technology by sports carmaker Lotus.

Worlds Top Firms Cause $2.2tn of Environmental Damage, Report Estimates

Worlds Top Firms Cause $2.2tn of Environmental Damage, Report Estimates

Δευ, 22 Φεβρουαρίου 2010 - 13:59

The cost of pollution and other damage to the natural environment caused by the world's biggest companies would wipe out more than one-third of their profits if they were held financially accountable, a major unpublished study for the United Nations has found.

Europe Worried About Standstill on US Climate Bill

Europe Worried About Standstill on US Climate Bill

Δευ, 22 Φεβρουαρίου 2010 - 13:55

European concern is growing about the prospects of securing a new international climate treaty, as support appears to be waning in the US for domestic climate legislation that would include a cap-and-trade system.

Brussels to Table EU Clean Cars Strategy

Brussels to Table EU Clean Cars Strategy

Δευ, 22 Φεβρουαρίου 2010 - 13:43

The European Commission is set to propose a strategy on clean and fuel-efficient cars by May, followed later by an action plan to help introduce green vehicles to the market. EU Industry Commissioner Antonio Tajani met with ministers in charge of industry on Friday (19 February) to discuss the economic challenges facing the European car industry.

Bulgaria to Submit Financing Scheme After Ecological Expertise

Bulgaria to Submit Financing Scheme After Ecological Expertise

Δευ, 22 Φεβρουαρίου 2010 - 13:32

Bulgaria will submit a scheme of financing its share in the Burgas-Alexandroupolis project after a positive ecological expertise, Russia’s Minister of Power Engineering Sergei Shmatko told journalists on Saturday.