English Edition

Iraq Signs Rumaila Oil Field Deal With BP, CNPC

Τρι, 3 Νοεμβρίου 2009 - 18:50

Iraq signed a final deal Tuesday with U.K. oil major BP PLC (BP.LN) and China National Petroleum Corp. to develop Rumaila, its largest producing oil field, said Iraqi Oil Minister Hussein al-Shahristani.

Metka in deal with RWE to build Turk power plant

Τρι, 3 Νοεμβρίου 2009 - 15:29

Greek engineering firm Metka said yesterday it had signed a deal with RWE and Turcas Guney Elektrik Uretim to build a 450-million-euro 775-megawatt power plant in Turkey. As a contractor for the RWE-Turcas joint venture, Metka, a unit of metals group Mytilineos, will construct an electricity plant fueled by natural gas at Denizli, Western Anatolia.

Joschka Fischer: Next Year Crucial for Nabucco

Τρι, 3 Νοεμβρίου 2009 - 12:53

European Union's Nabucco gas pipeline project will play an important role for Bulgaria's future and the coming year will be crucial for it, former German foreign minister Joschka Fischer said in Sofia. Fischer, now an adviser for partners in the Nabucco consortium, the German and Austrian energy giants RWE and OMV, arrived in Sofia to discuss the project with Bulgarian Prime Minister Boyko Borisov and other officials

China To Double Wind Power Installed Capacity This Year

Δευ, 2 Νοεμβρίου 2009 - 19:09

China will add wind power installed capacity of 12 gigawatts this year, doubling the nation's total wind power capacity, Li Junfeng, deputy director of the Energy Research Institute under the National Development and Reform Commission, said Monday.

Czech Nuclear Tender Highlights Geopolitical Rift

Δευ, 2 Νοεμβρίου 2009 - 19:09

Czech power utility CEZ AS (BAACEZ.PR), Central Europe's largest company by market capitalization, just received initial bids in a $30 billion tender, the region's largest ever, to build five new nuclear reactors in Europe. But the utility, majority-owned by the Czech state, faces a strategic dilemma: whether to use western or Russian technology.

Eni Signs Initial Pact To Develop Iraq's Zubair Field

Δευ, 2 Νοεμβρίου 2009 - 19:08

A consortium led by Italian energy giant Eni SpA (E) Monday signed an initial 20-year agreement with Iraq to develop the giant Zubair oilfield in southern Iraq, an Iraqi oil ministry official said.

RWE: Iran Not A Possible Nabucco Partner, Supplier

Δευ, 2 Νοεμβρίου 2009 - 19:07

RWE AG (RWE.XE) doesn't consider Iran as a potential seventh partner in the Nabucco pipeline consortium nor as a possible supplier of natural gas, a company spokesman said Monday.

Romania To Launch Intl Auction To Lease 30 Oil Fields-Mediafax

Δευ, 2 Νοεμβρίου 2009 - 19:06

Romania's mineral resources agency ANRM will launch in December an international auction to lease 30 land and sea oil fields, news agency Mediafax reports, citing ANRM's president Alexandru Patrauti.

DJ Iran Co Says Gazprom Signed Azar Oilfield Development MOU

Δευ, 2 Νοεμβρίου 2009 - 19:05

An Iranian state-owned company Monday said it has signed a prelimary deal with OAO Gazprom (GAZP.RS) to develop the Azar oilfield in the Islamic Republic.

Nuclear Power

Δευ, 2 Νοεμβρίου 2009 - 17:20

German utility RWE has abandoned Bulgaria’s planned Belene nuclear power plant due to funding problems and Sofia will redesign the project in the next year to attract new investors, officials said yesterday.

Baskent Gas Sale

Δευ, 2 Νοεμβρίου 2009 - 15:29

Turkey will launch a tender to sell the state-run natural-gas distributor Baskent Dogalgaz, in the capital Ankara, toward the end of this year, Finance Minister Mehmet Simsek said at a conference yesterday.

Ukraine May Again Face Gas Payment Problem

Παρ, 30 Οκτωβρίου 2009 - 20:09

Ukraine could again have problems paying for Russian gas, Prime Minister Vladimir Putin said Friday, raising the specter of new supply interruptions to Europe this winter.

Areva, Atomstroyexport, Westinghouse Confirm CEZ Bid

Παρ, 30 Οκτωβρίου 2009 - 20:08

France's Areva SA (ARVCY), Russia's Atomstroyexport ASE and U.S.-based Westinghouse Electric Company LLC Friday confirmed they are participating in a tender to build five nuclear reactors in Europe for Czech power company CEZ AS (BAACEZ.PR).