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Italys Edison Promotes Cheaper Version of Nabucco

Italy's Edison Promotes Cheaper Version of Nabucco

Τρι, 27 Απριλίου 2010 - 15:12

Italian energy company Edison is lobbying the European Commission for more support in upgrading existing infrastructure and building interconnectors from the Caspian to Italy, its representatives said on 26 April. This would allow the Nabucco gas pipeline to take over at a later stage, they claimed.

BP buys Total Norway Oil Interests for $991 million

BP buys Total Norway Oil Interests for $991 million

Τρι, 27 Απριλίου 2010 - 15:10

Oil major BP Plc (BP.L) will pay Total SA (TOTF.PA) $991 million in cash for its French rival's holdings in two oil fields in the Norwegian North Sea as it continues an acquisition spree and Total sheds non-core assets.

Saudi Electricity gets SAR15 BLn Loan From Government

Saudi Electricity gets SAR15 BLn Loan From Government

Δευ, 26 Απριλίου 2010 - 19:11

Saudi Electricity Co.(5110.SA) will receive a 15 billion riyal ($4 billion) loan from its main shareholder, the Saudi government, over the next two years, state-run Saudi Press Agency reported Monday.

Frances Lagarde: Euro Zone Stands Behind Greece; Response Chaotic

France's Lagarde: Euro Zone Stands Behind Greece; Response Chaotic

Δευ, 26 Απριλίου 2010 - 19:11

The euro zone will stand behind Greece, which is "under attack" by some investors, French Finance Minister Christine Lagarde said Monday, but the bailout package will require harsh measures "for once" to be adopted by the cash-strapped country.

Russias Putin: EDF To Get 20% Stake In South Stream In June

Russia's Putin: EDF To Get 20% Stake In South Stream In June

Δευ, 26 Απριλίου 2010 - 19:10

French utility Electricite de France SA (EDF.FR) will take a 20% stake in the OAO Gazprom (GAZP.RS)-led South Stream gas pipeline project in June, Interfax news agency reported Monday citing Russian Prime Minister Vladimir Putin.

Enel, Inter RAO To Build Nuclear Plant In Russia

Enel, Inter RAO To Build Nuclear Plant In Russia

Δευ, 26 Απριλίου 2010 - 19:09

Italian utility Enel SpA (ENEL.MI) and Russia's state-controlled Inter RAO UES (IRAO.RS) Monday agreed to together build a nuclear power plant in the Russian region of Kaliningrad, among other projects.

Areva, Siemens Consortium Wins Contract In Slovakia

Areva, Siemens Consortium Wins Contract In Slovakia

Δευ, 26 Απριλίου 2010 - 19:09

A consortium comprising French state-controlled nuclear group Areva SA (CEI.FR) and Germany's Siemens AG (SI) Monday said it won a contract to supply digital supervision, protection and control systems for the Mochovce nuclear power plant in Slovakia.

Are Policymakers, Economists and Peak Oilists Starting to Speak the Same Language?

Are Policymakers, Economists and Peak Oilists Starting to Speak the Same Language?

Δευ, 26 Απριλίου 2010 - 12:51

A rash of papers, comments and interviews have made us think this recently. It’s not as simple as ‘policymakers are waking up to peak oil’, but that all those groups — and indeed, industry — are increasingly talking about the same issues looming in fossil fuel production, even if they’re using different terminology.

Competition Heats Up Over EU Southern Gas Corridor

Competition Heats Up Over EU Southern Gas Corridor

Δευ, 26 Απριλίου 2010 - 12:47

Austria joined the Gazprom-sponsored South Stream gas pipeline project on 24 April, marking the beginning of a new phase of competition between the pipeline and its rival Nabucco, which is designed to bring gas to Europe from sources other than Russia.

Ukraine Wants Russia, EU to Invest in its Gas Transportation System

Ukraine Wants Russia, EU to Invest in its Gas Transportation System

Δευ, 26 Απριλίου 2010 - 12:42

Ukraine's gas transportation system will give the country some $6 billion in annual revenues if Kiev manages to persuade Russia and the European Union to invest in the modernization of Ukraine's pipelines, Ukrainian Prime Minister Mykola Azarov has told Ukraine's ICTV channel.

E.ON Shortlists 3 Bidders for U.S. Business: Sources

E.ON Shortlists 3 Bidders for U.S. Business: Sources

Δευ, 26 Απριλίου 2010 - 12:40

Germany's E.ON (EONGn.DE), the world's largest utility by sales, has shortlisted three bidders for the multi-billion euro sale of its U.S. business, three people with knowledge of the matter said.

Oil Gains on U.S. Economy; Brent Touches 18-mth high

Oil Gains on U.S. Economy; Brent Touches 18-mth high

Δευ, 26 Απριλίου 2010 - 12:38

Oil rose on Monday, pushing Brent crude to a fresh 18-month high, as robust manufacturing and home sales data in the United States buoyed hopes of a sustained economic rebound in the world's top energy user.

IENE’s One-Day Conference in Sofia to Promote Hellenic-Bulgarian Energy Co-operation

IENE’s One-Day Conference in Sofia to Promote Hellenic-Bulgarian Energy Co-operation

Παρ, 23 Απριλίου 2010 - 19:45

Well known personalities of the energy sector from Bulgaria and Greece are gathering in Sofia on April 29, 2010 on the occasion of the one-day conference on “ Hellenic-Bulgarian Co-operation in the Energy Sector” organized by the Institute of Energy for SE Europe (IENE) in co-operation with the Hellenic Business Council in Bulgaria (HBCB) in Sofia , Bulgaria on April 29th, 2010 .

Eni Board Approves Issue Of Up To EUR3 Bln In Bonds

Eni Board Approves Issue Of Up To EUR3 Bln In Bonds

Παρ, 23 Απριλίου 2010 - 18:38

Eni SpA (E) said Friday its board had authorized the energy company to issue up to EUR3 billion in corporate bonds. The debt may be issued in one or several tranches by April 23, 2011, Eni said in a statement.