English Edition

Pakistan Approves Privatization Of 3 State-Run Firms

Παρ, 23 Απριλίου 2010 - 18:36

Pakistan Friday gave the go-ahead for the privatization of Jamshoro Power Company and two other state-run firms as the country looks to reduce its heavy debt burden.

Eni 1Q Net Profit Up 17%; Slight 2010 Output Lift

Παρ, 23 Απριλίου 2010 - 18:36

Eni SpA (E), Italy's biggest oil and natural gas company by volume, Friday said first-quarter net profit climbed 17% on higher prices and production, and raised slightly its full-year forecast for output.

South Stream Gas Pipeline to Pass Through Romania

Παρ, 23 Απριλίου 2010 - 14:26

Romania will take part in the Russian-backed South Stream pipeline project, expected to pass through the European Union state's territory, Economy Minister Adriean Videanu was quoted as saying on Thursday.

New EU Wind Farms Held Back by Procedure

Παρ, 23 Απριλίου 2010 - 14:24

The length of time wind farm developers must wait to receive building permits varies wildly from one EU country to another, jeopardising the bloc's chances of meeting its 2020 renewables goal, the European Wind Energy Association (EWEA) said yesterday (22 April).

Rig Sinking Prompts Fears of Gulf Oil Spill, 11 Still Missing

Παρ, 23 Απριλίου 2010 - 14:23

BP Plc, Transocean Ltd. and the U.S. Coast Guard confronted the possibility of a major oil spill in the Gulf of Mexico as hope faded for workers missing since an offshore drilling rig exploded on April 20 and sank yesterday.

Greece Seeks Aid, Markets Rally but see More Problems

Παρ, 23 Απριλίου 2010 - 14:21

Greece asked European governments and the IMF on Friday to trigger billions of euros in emergency loans in what could be the largest state bailout ever attempted.

Colombia Has No Plans To Join OPEC In Foreseeable Future-Official

Πεμ, 22 Απριλίου 2010 - 19:38

Colombia, a small but growing oil producer, doesn't plan to join the Organization of Petroleum Exporting Countries in the foreseeable future, Armando Zamora, head of Colombia's Agencia Nacional de Hidrocarburas said Thursday.

Iraq Oil Flow To Turkey Halted On Pipeline Sabotage -Official

Πεμ, 22 Απριλίου 2010 - 19:38

A bomb blast has struck part of the Iraq-Turkey export pipeline near the restive city of Mosul in northern Iraq, cutting off supplies and the resumption of the flow could take few days, an Iraqi oil official said Thursday.

RWE CEO Sees Decision On Romania Nuclear Plant In 2011

Πεμ, 22 Απριλίου 2010 - 19:38

German utility RWE AG's (RWE.XE) chief executive said Thursday he expects a decision in 2011 on whether a nuclear power plant will be built in Cernavoda, southeastern Romania.

GDF Suez: Will Get Southern France Shale Gas Approval Soon

Πεμ, 22 Απριλίου 2010 - 19:37

French power operator GDF Suez (GSZ.FR) is expected to receive approval to develop two shale gas fields in Southern France in "few weeks time," the group's senior vice-president for exploration and production, Didier Holleaux, said Thursday.

Kuwait Opens New Sabriya Oil Gathering Center To Boost Output

Πεμ, 22 Απριλίου 2010 - 19:37

Kuwait Thursday opened a new gathering center at its Sabriya oilfield as part of the Gulf state's drive to boost its oil output to 4 million barrels a day by 2020. Oil Minister Sheikh Ahmad Abdullah al-Sabah inaugurated the center at Kuwait's third-largest oilfield near the country's northern border with Iraq.

Ukraine-Russia Deal Part Of Kiev's Tough Balancing Act - US

Πεμ, 22 Απριλίου 2010 - 19:36

U.S. Secretary of State Hillary Clinton said Thursday that Ukraine's landmark naval-base-for-gas deal with Russia was part of a delicate foreign policy "balancing act" for President Viktor Yanukovych.

Solar Industry Divided Over EU Toxic Substances Law

Πεμ, 22 Απριλίου 2010 - 15:45

Solar panel manufacturers are fighting for an exemption from EU legislation restricting the use of dangerous chemicals in electronic products. But some voices are calling for greater scrutiny of the industry, sparking a technology war between rival companies.