English Edition

China Gov: More Renewable Energy Subsides Not Needed

Παρ, 25 Σεπτεμβρίου 2009 - 18:16

A top Chinese energy policy official said Friday that there is no need for additional renewable energy subsidies, and rejected calls for a minimum wind power price.

Kazakhstan Uranium Output To Reach 26,000 Tons By 2030

Παρ, 25 Σεπτεμβρίου 2009 - 18:15

Kazakhstan's annual uranium output is forecast to reach 26,000 metric tons by 2030 from 14,000 tons expected this year, a senior executive at Kazakh state nuclear fuel company Kazatomprom said Friday.

Turkey To Decide On Nuclear Tender Nov 20-24

Παρ, 25 Σεπτεμβρίου 2009 - 18:14

Turkish Energy Minister Taner Yildiz said Friday that his government will announce its decision on whether to approve or cancel a tender to build the country's first nuclear power plant, between Nov. 20 and 24, the Ihlas News Agency, or IHA, reported.

China To Remain Reliant On Coal In Long Term

Παρ, 25 Σεπτεμβρίου 2009 - 18:13

China will continue to rely on coal for most of its energy needs "for a long time," a senior official said Friday, just days after President Hu Jintao pledged action on its greenhouse gas emissions.

Oil Cos Seek To Curb CO2 Intensity

Παρ, 25 Σεπτεμβρίου 2009 - 18:12

Long targeted by environmentalists for their impact on the climate, oil companies are conjuring ways to cut their emissions - not only to burnish their image, but also to slash costs.

Iran Nuclear Chief: New Enrichment Plant 'Not Secret'

Παρ, 25 Σεπτεμβρίου 2009 - 18:11

Iran's second uranium enrichment plant, whose existence was made public Friday, was not a secret, the chief of Iran's nuclear agency has said.

Belene Nuclear Plant: RWE May Quit

Παρ, 25 Σεπτεμβρίου 2009 - 16:01

The German company RWE may quit the construction projects of the Bulgarian Belene nuclear power plant. The company's plans have been announced by Juergen Grossmann, chief executive officer of Germany's second-biggest utility, the Bloomberg agency reported.

Solar photovoltaic power essential to meet the 20% renewable energy target

Παρ, 25 Σεπτεμβρίου 2009 - 14:12

“The fundamentals of the PV industry are and remain strong, as indicated in our SET for 2020 study,” said Adel El Gammal, Secretary General of the European Photovoltaic Industry Association (EPIA) at the 6th European Photovoltaic (PV) Industry Forum held on 23 September in Hamburg. It needs an ambitious policy support for the next 3 to 9 years, until photovoltaic power is able to compete with conventional electricity on price.

Gazprom CEO: GDF Suez May Join Nord Stream This Year

Πεμ, 24 Σεπτεμβρίου 2009 - 18:48

GDF Suez SA (GSZ.FR) could this year become a shareholder in a project to build a gas pipeline under the Baltic Sea to Europe, Russian news agency RIA Novosti reports on its Web site Thursday, citing OAO Gazprom (GAZP.RS) Chief Executive Alexei Miller.

Naftogaz Outlines $500M Eurobond Restructuring Offer

Πεμ, 24 Σεπτεμβρίου 2009 - 18:47

Ukrainian state-run energy company Naftogaz Thursday outlined long-awaited proposals on the restructuring of a $500 million Eurobond maturing Sept. 30. The company is offering bondholders a new state-guaranteed note, with a five-year maturity and 9.5% coupon. The current Eurobond has a 8.125% coupon.

Iran Has Nuclear Warhead Plants In Tehran - Exiled Opposition

Πεμ, 24 Σεπτεμβρίου 2009 - 18:46

Iran's exiled opposition movement said Thursday it had learned of two previously unknown sites in and near Tehran that are being used to build nuclear warheads. "Resistance sources have managed to uncover two centres that work directly on nuclear armaments and which were until now kept secret," Mehdi Abrihamtchi of the People's Mujahedeen told reporters in Paris, where his group is based.

Gazprom CEO:Russia Could Secure 25% Of World LNG Market

Πεμ, 24 Σεπτεμβρίου 2009 - 18:44

The chief executive of Russian energy company OAO Gazprom (GAZP.RS) Thursday said Russia could increase its share on the world liquefied natural gas market to 25%, Russian news agency RIA Novosti reports on its Web site.

StatoilHydro Exec: Gas Is Key Bridge To Low Carbon Economy

Πεμ, 24 Σεπτεμβρίου 2009 - 18:43

StatoilHydro's vice president for natural gas Thursday said the fuel is an important bridge towards a low carbon economy and his company has a key role to play in meeting global demand.

German Cartel Office Starts Probe Of Elec Heating Mkt

Πεμ, 24 Σεπτεμβρίου 2009 - 18:42

Germany's Federal Cartel Office Thursday said it has launched market abuse control proceedings against unnamed companies in the electric heating sector in order to "examine price structures in the supply of consumers with electricity for night storage heating and electric heat pumps."

Eco-Cars Show Opens in Thessaloniki

Πεμ, 24 Σεπτεμβρίου 2009 - 15:18

A car powered by natural gas, electric bicycles and automobiles and many other environmentally friendly vehicles will be featured at the two-day ‘Eco-Cars Exhibition’ that opens today for the second year in succession at the American Farm School in Thessaloniki.

CFTC's Gensler Pitches Position Limits In Europe

Τετ, 23 Σεπτεμβρίου 2009 - 20:21

The head of the U.S.Commodity Futures Trading Commission took his case for imposing speculative trading limits on energy products to Europe Wednesday where he urged foreign regulators to use all of their existing powers to police the markets.