EU Warned Fuel Quality Plans Will Increase Oil Emissions Τρι, 30 Μαρτίου 2010 - 12:19 Draft rules on implementing the EU's Fuel Quality Directive would allow imports of tar sand and other energy intensive oils to the EU, undermining greenhouse gas emission savings, environmentalists have warned.
Mexico Energy Summit to Focus on Fuel Prices, Global Warming Τρι, 30 Μαρτίου 2010 - 12:17 The 12th International Energy Forum (IEF) in Mexico will gather high-ranking energy officials from 110 states on Tuesday to discuss oil prices, global warming and dwindling hydrocarbon resources.
Russia’s Gazprom Interested in Gas Projects in Northern Africa Τρι, 30 Μαρτίου 2010 - 12:15 Russia’s gas utility Gazprom is interested in gas production, processing, piping and sales projects in Northern Africa, a geographical region located in close proximity to the European market
Shell Eyes 175,000 BOE/D From Iraq's Majnoon Field By 2012-Exec Δευ, 29 Μαρτίου 2010 - 17:47 Royal Dutch Shell PLC (RDSA) plans to pump as much as 175,000 barrels of oil equivalent a day in 2012 from Iraq's giant Majnoon oil field, ahead of its 1.8-million-barrel-a-day crude target seven years from now, a senior company executive said Monday.
Brazil Petrobras In Loan Talks With China Development Bank-Paper Δευ, 29 Μαρτίου 2010 - 17:46 Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, is in talks with China Development Bank for a $10 billion loan, the O Estado de S. Paulo newspaper reported Sunday.
Siemens Energy: Plans Offshore Wind Turbine Facility In UK Δευ, 29 Μαρτίου 2010 - 17:46 Siemens Energy Monday said it will build an offshore wind turbine manufacturing facility in the U.K. to meet demand in a sector that is on the verge of a massive ramp-up in capacity.
Cyprus Central Bank Governor: World On Its Way To Recovery Δευ, 29 Μαρτίου 2010 - 17:45 Central banks in Europe and the U.S. have taken decisive action in response to the global financial collapse, and appear to have succeeded in averting a severe depression and deflation, Cyprus Central Bank Governor Athanasios Orphanides said Saturday.
Arctic States To Meet Amid Resources, Military Concerns Δευ, 29 Μαρτίου 2010 - 17:45 Five Arctic states meet Monday in the Canadian city of Chelsea to bolster regional cooperation amid concerns of a military build-up and opposition to the tapping of its rich resources.
Russia to Set Aside 40 tons of Low-Enriched Uranium for Guaranteed Pool Δευ, 29 Μαρτίου 2010 - 16:38 Russia will set aside 40 metric tons of low-enriched uranium by the end of this year to provide guaranteed services of the nuclear fuel cycle, Russia's civilian nuclear power chief said on Monday.
EU Biofuels Target Borderline Sustainable, Report Finds Δευ, 29 Μαρτίου 2010 - 12:06 Going beyond a 5.6% share of biofuels in transport fuel could harm the environment, found a new report made public by the European Commission yesterday (25 March), suggesting that the EU's current target is only borderline sustainable.
British Gas Jumps the Gun with Smart Meters for a Million Families Δευ, 29 Μαρτίου 2010 - 11:59 British Gas is to put smart meters in a million homes this year as part of an ambitious programme that will create 2,500 jobs and could cut household energy bills by at least £1 billion over the next ten years.
Falkland Islands Oil Hopes Dampened Δευ, 29 Μαρτίου 2010 - 11:57 Remember the excitement (and controversy) about new drilling for oil off the Falklands Islands by four UK companies? Well, some initial exploratory drilling results are in, and they don’t sound especially promising:
Greece to Sell 7-Year Bonds in First Issue Since Rescue Accord Δευ, 29 Μαρτίου 2010 - 11:54 Greece is selling a benchmark issue of seven-year bonds in its first debt offering since the European Union and International Monetary Fund pledged to help the debt-ridden nation finance its budget deficit.
ConocoPhillips To Cut Lukoil Stake To 10%, Buy Back $5B Of Stock Τετ, 24 Μαρτίου 2010 - 19:20 U.S. oil giant ConocoPhillips (COP) plans to halve its stake in OAO Lukoil Holdings (LUKOY, LKOH.RS) to 10% and launch a $5 billion stock-buyback effort as the company detailed a number of steps as part of its effort to boost its lagging stock price.
Iberdrola Plans To Build 5 GW European Offshore Wind Power Τετ, 24 Μαρτίου 2010 - 19:19 Spanish power utility Iberdrola SA (IBE.MC) has plans to build 5 gigawatts in offshore wind power capacity in Europe, compared with 4.8 GW it previously announced, Chairman Ignacio Galan said Wednesday.
Enel Talks To Banks On EUR8B Loan Refinance Τετ, 24 Μαρτίου 2010 - 19:19 Italian utility Enel SpA (ENEL.MI) is talking to banks about an EUR8 billion loan to refinance part of the EUR35 billion debt used to back Enel's takeover of Spanish peer Endesa in 2007, people familiar with the situation said Wednesday.