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Energy Plans

Παρ, 23 Οκτωβρίου 2009 - 15:38

Italy’s energy provider Petrolvilla plans to build a 100-million-euro hydropower cascade in Bulgaria and is also considering the construction of a 150-million-euro solar park, a company official said. It is also in talks with Italian utility Enel for joint participation in the planned hydro project along the Maritsa River in southern Bulgaria, Petrolvilla’s chief executive for Bulgaria, Plamen Dilkov, told Reuters.

A Strategic Alliance Between Hellenic Petroleum - Elpedison

Παρ, 23 Οκτωβρίου 2009 - 15:30

Hellenic Petroleum S.A. announces today, within the framework of the agreement to form a strategic alliance with Italy’s Edison SpA that was signed on 3 July 2008, the merger through absorption of Thisvi S.A. (which was 65%-owned by Elpedison B.V. and 35%-owned by Hellenic Energy & Development S.A. and Halcor S.A.) with Energiaki Thessalonikis S.A., which has been renamed to Elpedison Power Generation S.A. (was 100%-owned by Elpedison B.V.).

Iran, Israel Traded Barbs At Nuclear Talks

Πεμ, 22 Οκτωβρίου 2009 - 19:32

Iranian and Israeli officials traded accusations during nuclear talks in Cairo, an Egyptian official who attended the first high-level contact between the two countries in 30 years said Thursday.

Russia's Putin To Talk With Italian, Turkish PMs On Gas Pipe

Πεμ, 22 Οκτωβρίου 2009 - 19:31

Russian Prime Minister Vladimir Putin was Thursday to discuss a gas pipeline seen as a rival to a European Union-backed project with his counterparts and close allies from Italy and Turkey.

Gazprom: Europe Gas Consumption Exceeding Pre-Crisis Level

Πεμ, 22 Οκτωβρίου 2009 - 19:30

Europe's daily natural gas consumption is currently exceeding the level seen before the onset of the financial crisis, OAO Gazprom (GAZP.RS) said Thursday.

Czech Govt Wants To Increase Stake In Crude Oil Assets

Πεμ, 22 Οκτωβρίου 2009 - 19:29

The Czech government wants to buy a stake in the country's leading crude oil refinery, Ceska Rafinerska AS, to enhance energy security, the Deputy Minister of Energy said Thursday.

Russia's Putin: South Stream May Be Built Ahead Of Schedule

Πεμ, 22 Οκτωβρίου 2009 - 19:28

Construction of the South Stream gas pipeline, which will supply Russian and Central Asian natural gas to Europe under the Black Sea, may be finished before 2013 as originally planned, Russia's Prime Minister said Thursday.

Kazakhstan To Take Part In Samsun-Ceyhan Oilpipe Proj

Πεμ, 22 Οκτωβρίου 2009 - 19:27

Kazakhstan's President Nursultan Nazarbayev said Thursday his country is ready to participate in the Samsun-Ceyhan oil pipeline project together with Russia, the Ihlas News Agency, or IHA, reported.

Iran Uranium Talks Begins In Vienna

Τετ, 21 Οκτωβρίου 2009 - 18:35

Iran and world powers began a third round of talks here Wednesday to hammer out a deal on the supply of enriched uranium to Tehran in the hope of defusing tensions over its nuclear program.

Russia Doesn't Rule Out RUB26/$1 In 2010 If Oil Price Rises

Τετ, 21 Οκτωβρίου 2009 - 18:33

The Russian currency could strengthen to 26 rubles against the dollar if the oil price rises, the country's Deputy Economic Development Minister Andrey Klepach said Wednesday.

Azerbaijan Must Diversify Econ Away From Oil, Gas

Τετ, 21 Οκτωβρίου 2009 - 18:31

World Bank Managing Director Ngozi Okonjo-Iweala urged Azerbaijan on Wednesday to diversify its economy away from the oil and gas sector as the ex-Soviet republic approaches peak energy production.

Rosneft Plans To Produce 2% More Oil In '09 Than In 2008

Τετ, 21 Οκτωβρίου 2009 - 18:29

Russia's biggest oil company OAO Rosneft (ROSN.RS) plans to produce 2% more oil in 2009 than last year, Chief Financial Officer Peter O'Brien said Wednesday.

TNK-BP CFO: 2010 Capex May Total $3.4 Bln To $3.5 Bln

Τετ, 21 Οκτωβρίου 2009 - 18:28

Russia's third-biggest oil producer TNK-BP Holding (TNBP.RS) may invest between $3.4 billion and $3.5 billion in 2010, the company's Chief Financial Officer Jonathan Muir told journalists Wednesday.