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German Cartel Office:Longer Gas Contracts Pose Competition Risk

Πεμ, 17 Δεκεμβρίου 2009 - 15:32

FRANKFURT (Dow Jones)--Germany's Federal Cartel Office said Thursday that long-term bookings of transport capacity at cross-border gas grid entry points pose a risk for competition and that individual companies could eventually find themselves subject to market abuse investigations

India's Singh: To Keep Per Capita Emission Less Than Developed Nations

Πεμ, 17 Δεκεμβρίου 2009 - 15:31

NEW DELHI (Dow Jones)--India is willing to do more than its pledge to cut emissions intensity by 20% to 25%

India Government Announces Incentives For Wind Power Generation

Πεμ, 17 Δεκεμβρίου 2009 - 15:30

NEW DELHI (Dow Jones)--India's ministry of new and renewable energy Thursday announced the implementation of incentives for grid-connected wind power projects

Papandreou in Copenhagen for climate summit

Πεμ, 17 Δεκεμβρίου 2009 - 12:52

Greek Prime Minister George Papandreou arrived in Copenhagen on Wednesday morning, where along with some 120 world leaders he will take part in the United Nations climate summit.

Bolivia Pres Morales Calls For Billions In Climate Reparations

Τετ, 16 Δεκεμβρίου 2009 - 19:05

Bolivian President Evo Morales Wednesday called on industrialized nations to pay many billions of dollars in climate-change "reparations" to developing nations for the environmental impact of decades of pollution.

Greece's New PPC Chief Heralds Better Labor Relations

Τετ, 16 Δεκεμβρίου 2009 - 19:05

The election of Arthouros Zervos as head of Greece's dominant utility, Public Power Corporation SA (PPC.AT), may signal a new era of consensus at the company after two years of stormy--and sometimes violent--confrontation between management and the unions.

UK PM: Copenhagen Talks Difficult, But Deal Still Possible

Τετ, 16 Δεκεμβρίου 2009 - 19:04

U.K. Prime Minister Gordon Brown said Wednesday he was under no illusions about how difficult climate negotiations in Copenhagen are, but is upbeat about reaching a deal.

Exxon To Become Largest US Nat Gas Producer-EIA

Τετ, 16 Δεκεμβρίου 2009 - 19:03

After acquiring XTO Energy Inc. (XTO), a strengthened Exxon Mobil Corp. (XOM) would be the largest natural gas producer in the U.S. - and the fourth largest producer of crude and liquids, says the U.S. Energy Information Administration.

China Will Let Poor Nations Take Climate Funding Priority

Τετ, 16 Δεκεμβρίου 2009 - 19:03

China is willing to allow poorer developing nations take priority in receiving rich nations' funding to combat climate change, the nation's assistant minister of finance said here Wednesday.

Iran Missile Test Undermines Claim Of Peaceful Intent

Τετ, 16 Δεκεμβρίου 2009 - 19:02

Iran's medium-range missile test undermines the Islamic republic's claim of peaceful intentions and increases world resolve against Tehran's nuclear aims, the White House said Wednesday.

Rosneft CEO: 2010 Oil Output Seen 4%-5% Higher On Year

Τρι, 15 Δεκεμβρίου 2009 - 20:24

Russia's biggest oil producer OAO Rosneft (ROSN.RS) aims to increase its oil output in 2010 by between 4% and 5% on the year, the company's Chief Executive Sergey Bogdanchikov said Tuesday.

Russia-Led Gas Group Doesn't Rule Out OPEC-like Cartel

Τρι, 15 Δεκεμβρίου 2009 - 20:23

The Gas Exporting Countries Forum, or GECF, has no immediate plans to coordinate output volumes to regulate prices but doesn't rule out becoming an Organization of Petroleum Exporting Countries-like cartel in the future, the group's newly elected general-secretary, Leonid Bokhanovsky, said Tuesday.

MOL CEO: No Major Acquisitions In Coming Years

Τρι, 15 Δεκεμβρίου 2009 - 20:22

Hungarian oil and gas company MOL Nyrt. (MOL.BU) doesn't plan large acquisitions in the next few years following the purchasing a 47.15% in Croatian oil and gas arm company INA (INA.ZG), Chief Executive Zsolt Hernadi told German daily Handelsblatt in an interview.