English Edition

Bulgaria Seeking New Investors For Nuclear Plant

Παρ, 30 Οκτωβρίου 2009 - 20:04

Bulgaria is seeking new investors for its nuclear plant project in Belene following the withdrawal of German utility RWE AG (RWE.XE), Economy and Energy Minister Traicho Traikov said in an interview Friday.

Turkish Foreign Minister Arrives In Iraq's Kurdistan

Παρ, 30 Οκτωβρίου 2009 - 20:03

Turkish Foreign Minister Ahmed Davutoglu arrived in the autonomous Kurdish region of Iraq Friday, as part of efforts to end a conflict with Kurdish rebels based across Turkey's southern border.

Turkey To Privatize Baskent Gas Distributor Yr End

Παρ, 30 Οκτωβρίου 2009 - 20:00

Turkey expects to start a tender process for the privatization of Ankara-based natural gas distributor Baskent Dogalgaz towards the end of this year, Finance Minister Mehmet Simsek said Friday, the Ihlas News Agency, or IHA, reports.

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.