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RWE Prepares Construction Of New Power Plant In Turkey

Παρ, 30 Οκτωβρίου 2009 - 19:58

Germany's RWE AG (RWE.XE) and its Turkish joint venture partner Turcas have signed the construction agreement for the planned 775-megawatt combined cycle gas turbine plant in Denizli in the west of Turkey, RWE said Friday.

Iran Signs Draft Turkish Deal To Export Gas To Europe

Πεμ, 29 Οκτωβρίου 2009 - 20:05

Tehran said Wednesday it had signed a memorandum of understanding with Ankara to export Iranian natural gas to Europe through Turkey, a news agency said, after Turkey vowed to support an Iranian bid to join the Nabucco pipeline.

Gazprom Could Adopt Changes To Long-term Export Contracts

Πεμ, 29 Οκτωβρίου 2009 - 20:04

Russian gas giant OAO Gazprom (GAZP.RS) doesn't rule out the possibility of altering its long-term export contracts, but will retain the take-or-pay principle, the company said Wednesday.

Russia Antitrust Opens Case Against Gazprom Over Pipe Access

Πεμ, 29 Οκτωβρίου 2009 - 20:03

Russia's antimonopoly watchdog has opened a case against gas company OAO Gazprom (GAZP.RS) after a complaint from oil producer OAO Rosneft (ROSN.RS) that it didn't allow access to its gas pipeline system, the agency said Wednesday.

Naftogaz To Buy Around $500M Gas From Gazprom For Oct

Πεμ, 29 Οκτωβρίου 2009 - 20:01

Ukraine's Naftogaz will pay around $500 million for natural gas from Russia's OAO Gazprom (GAZP.RS) for October, the RIA Novosti news agency reports Wednesday, citing Ukraine's acting finance minister.

Iraq To Resume Kirkuk Oil Flow Friday

Πεμ, 29 Οκτωβρίου 2009 - 20:00

Iraq is expected to resume the flow of up to 480,000 barrels a day via its northern pipeline from Kirkuk oilfields to Turkey's Ceyhan port Friday after a four-day closure, an Iraqi oil ministry spokesman said Thursday.

Germany's RWE Quits Bulgaria Belene Nuclear Project

Πεμ, 29 Οκτωβρίου 2009 - 13:27

German utility RWE has abandoned plans to participate in the construction of a 2000 MW nuclear plant in the Bulgarian Danube town of Belene due to funding problems, officials said on Wednesday. "There are two main reasons for RWE decision - there is no contract with the executor of the project and no clear financing structure," Galina Tosheva, head of the Bulgarian Energy Holding, which groups the country's top energy assets, told a news conference.

IENE’s 3rd Energy Week to Focus on the Major Energy Challenges in the New Economic Environment

Πεμ, 29 Οκτωβρίου 2009 - 11:46

ΙΕΝΕ has invited a variety of international experts, business leaders and senior government officials to participate in the events of its 3d Energy Week which it is organizing in Athens from November 9 to November 13th. The speakers will cover an extended area of policy issues focusing on energy, climate change, the development of environmental business opportunities and Greece’s international energy relations.

EU Proposes More Aid To Help Shut Bulgarian Nuclear Plant

Τρι, 27 Οκτωβρίου 2009 - 17:56

The European Commission Tuesday proposed additional aid for Bulgaria to shut nuclear reactors at its Kozloduy power plant.

Rosneft CEO: Co May Buy Refineries In Europe

Τρι, 27 Οκτωβρίου 2009 - 17:55

Russia's largest oil producer OAO Rosneft (ROSN.RS) may buy refineries in Europe, the company's Chief Executive Sergei Bogdanchikov said Tuesday.

OPEC Invites Russia To Take Part In December Meeting In Angola

Τρι, 27 Οκτωβρίου 2009 - 17:53

The Organization of Petroleum Exporting Countries has invited Russia to attend its December meeting in Angola, the country's Deputy Energy Minister Sergei Shmatko said Tuesday.

Areva, Siemens Talks Stall Over Joint Venture Stake Price

Τρι, 27 Οκτωβρίου 2009 - 15:33

Negotiations between France's Areva SA (CEI.FR) and Germany's Siemens AG (SI) over their joint venture Areva NP have stalled, according to Les Echos on Tuesday, citing people familiar with the matter.

Electric Cars and Greece’s Power Grid

Τρι, 27 Οκτωβρίου 2009 - 15:30

Public Power Corporation (PPC) is planning to run a pilot program charging electric-powered cars in designated spots in a plan being drawn up in cooperation with major European car industries. The program is part of the European Union Merge scheme which is being coordinated by PPC as head of a consortium and includes the involvement of power companies, various organizations and universities.