English Edition

Iraq To More Than Double Crude Exports To China In 2010

Τετ, 23 Δεκεμβρίου 2009 - 17:33

Iraq will more than double its exports of crude oil to China in 2010 as energy demand there continues to grow at a fast pace due to an economic recovery, according to a TimesOnline report Wednesday.

Italy's Cabinet OKs Nuclear Plant Location Rules Draft Layout

Τετ, 23 Δεκεμβρίου 2009 - 17:30

Italy's government Tuesday approved the layout of a draft decree that sets the rules to pick the sites for the new nuclear plants as it aims to see a 2013 start in the construction of the first atomic facility after a ban of more than two decades.

EDF Energy Accepts UK Regulator's Power Grid Proposals

Τετ, 23 Δεκεμβρίου 2009 - 17:28

The U.K. arm of Electricite de France SA (EDF.FR) became Wednesday the second utility to accept gas and electricity market regulator Ofgem's proposed rules on how much companies can invest in local electricity distribution networks from 2010 to 2015.

EU To Open Talks With Russia On Nuclear Energy Deal

Τρι, 22 Δεκεμβρίου 2009 - 18:57

European Union countries on Tuesday agreed to start negotiations with Russia on nuclear energy cooperation, the bloc's executive said.

Gazprom, Naftogaz Agree To Move Dec Gas Payment Date to Jan 11

Τρι, 22 Δεκεμβρίου 2009 - 18:55

Russia's natural gas monopoly OAO Gazprom (GAZP.RS) and Ukraine's state gas company Naftogaz have agreed to postpone the payment for Russia's gas delivery for December to Jan. 11, 2010 from Jan. 7, Gazprom said Tuesday.

OPEC Pres: Non-OPEC Should Contribute To Tighter Oil Output

Τρι, 22 Δεκεμβρίου 2009 - 18:54

The president of the Organization of Petroleum Exporting Countries said Tuesday that non-OPEC oil producers had taken advantage of the reduction in output undertaken by the group and called on them to cooperate.

Turkmenistan To Resume Gas Supplies To Russia

Τρι, 22 Δεκεμβρίου 2009 - 18:53

Turkmenistan agreed Tuesday to resume gas exports to Russia after an eight month stoppage that strained relations and raised questions on Moscow's sway in the energy-rich state, officials said.

Polish Companies May See Lower Gas Supplies In Jan

Τρι, 22 Δεκεμβρίου 2009 - 18:52

Large industrial companies in Poland may experience shortages of natural gas in January if subzero temperatures return after the holiday season, Polish daily Rzeczpospolita reports Tuesday.

Iraq Signs Initial Pact For Halfaya Oil Field

Τρι, 22 Δεκεμβρίου 2009 - 18:50

The Iraqi oil ministry signed Tuesday an initial agreement with a consortium consisting of China National Petroleum Corp., Total SA (TOT) and Malaysia's Petroliam Nasional Bhd to develop Iraq's Halfaya oil field, an Iraqi oil ministry official said Tuesday.

PPC Will Increase Hydroelectric Production to Lower Water Levels

Τρι, 22 Δεκεμβρίου 2009 - 15:54

Public Power Corporation SA (PPC), Greece’s largest electricity company, will increase hydroelectric production at its storage reservoirs to lower water levels. High inflows “following the heavy rainfall of the last few days, combined with the already high water reserve levels for the time of the year, give rise to the need for immediate measures to protect dams and prevent flooding,” the Athens-based company said in an e-mailed statement yesterday.