English Edition

Enel buys wind park, boosts capacity

Τετ, 15 Ιουλίου 2009 - 17:37

Italy’s largest utility Enel has acquired an 18.9-megawatt wind park at Lithos in the northern Peloponnese, increasing its installed capacity in Greece to over 127 MW, the company said yesterday.

EYATH stake set to go up for sale

EYATH stake set to go up for sale

Τετ, 15 Ιουλίου 2009 - 17:35

The Greek government will launch a tender to sell a minority stake in the Thessaloniki Water Supply and Sewage Company (EYATH) to a strategic investor as part of an effort to raise 1 billion euros in privatization revenue that will go toward trimming public debt.

EU and Turkey finally sign Nabucco pipeline agreement

EU and Turkey finally sign Nabucco pipeline agreement

Τετ, 15 Ιουλίου 2009 - 17:30

President of the European Commission Jose Manuel Barroso, Hungarian Prime Minister Gordon Bajnai, Austrian Chancellor Werner Feymann, Turkey’s Prime Minister Recep Tayyip Erdogan, Bulgarian Prime Minister Sergey Stanishev and Romanian Prime Minister Emil Boc (identified left to right) attend the signing ceremony for the intergovernmental agreement on the Nabucco natural gas pipeline project.

Nabucco dogged by problems

Nabucco dogged by problems

Τετ, 15 Ιουλίου 2009 - 17:24

A transit deal for the Nabucco gas pipeline will bring political fanfare at its signing next week but critical supply and financing questions may thwart progress as a rival Russian plan edges ahead.

Italy Gas Market Still Dominated By Eni

Italy Gas Market Still Dominated By Eni

Τρι, 14 Ιουλίου 2009 - 20:14

Italy's natural gas market is still dominated by state-controlled company Eni SpA (E), limiting competition and keeping prices high, said the country's energy regulator Tuesday.

OPEC: World Oil Demand To Rebound In 2010

OPEC: World Oil Demand To Rebound In 2010

Τρι, 14 Ιουλίου 2009 - 20:12

The Organization of Petroleum Exporting Countries expects world oil consumption will grow a modest 500,000 barrels a day in 2010 after two years of shrinkage, fueled by a stronger economy and demand in China, India, the Middle East and Latin America.

Europe Gas Pipe Deal A Setback For Russia

Europe Gas Pipe Deal A Setback For Russia

Τρι, 14 Ιουλίου 2009 - 20:11

A landmark deal between Turkey and four European Union countries to pipe gas from the Caspian region is a setback for Moscow's own pipeline project to Western Europe, Russian newspapers said Tuesday.

Min: Nabucco Pipeline To Meet Georgias Gas Needs

Min: Nabucco Pipeline To Meet Georgia's Gas Needs

Τρι, 14 Ιουλίου 2009 - 20:09

Georgia's natural gas requirements will be covered by the fuel it is to receive for its role in the Nabucco gas pipeline project, Russian news agency RIA Novosti reports on its Web site Tuesday, citing the Georgian energy minister.

Iran NIOC Official: Nabucco Not Economical Without Iran

Iran NIOC Official: Nabucco Not Economical Without Iran

Τρι, 14 Ιουλίου 2009 - 20:08

A senior Iranian energy official said the Nabucco natural gas pipeline is not economically logical if does not also transport gas from Iran, the daily Resalat newspaper reports Tuesday.

Edison: Greece-Bulgaria Gas Line Deal Signed Tue

Edison: Greece-Bulgaria Gas Line Deal Signed Tue

Τρι, 14 Ιουλίου 2009 - 20:06

In a move to reduce Eastern Europe's reliance on Russian gas, Edison SpA (EDN.MI) said Tuesday it signed an agreement to build a natural gas pipeline linking Greece to Bulgaria.

Russia: Nabucco Gas Pipe Economically Unsound, Driven By Fear

Russia: Nabucco Gas Pipe Economically Unsound, Driven By Fear

Τρι, 14 Ιουλίου 2009 - 20:03

Russia Tuesday shrugged off a key European Union gas pipeline deal with Turkey, branding it economically unsound and driven by overblown fears of dependence on Russian gas, Interfax news agency reported.

Ukraine Welcomes Nabucco Gas Pipe, Ready To Join

Ukraine Welcomes Nabucco Gas Pipe, Ready To Join

Τρι, 14 Ιουλίου 2009 - 20:02

Ukraine has welcomed the launch of the Nabucco gas pipeline project, and said it was ready to join, a deputy head of the Ukrainian president's secretariat said Tuesday, according to the RIA Novosti news service.

Nabucco Can Carry Russian Gas, U.S. Says

Nabucco Can Carry Russian Gas, U.S. Says

Τρι, 14 Ιουλίου 2009 - 18:39

Russia is free to supply natural gas to the Nabucco pipeline and countries participating in the project must accept it as a partner, the U.S. special energy envoy said Sunday.

Turkey Hopes Nabucco Pipeline Will Boost Its EU Bid

Turkey Hopes Nabucco Pipeline Will Boost Its EU Bid

Δευ, 13 Ιουλίου 2009 - 16:41

An agreement for a pipeline to supply gas to Europe via Turkey has boosted hopes in Ankara that the project will strengthen the country's struggling bid to join the European Union.

Turkish Energy Min Says Nabucco May Not Provide Cheap Gas

Turkish Energy Min Says Nabucco May Not Provide Cheap Gas

Δευ, 13 Ιουλίου 2009 - 16:40

Turkish Energy Minister Taner Yildiz said Monday the planned Nabucco pipeline is important for supply security but it may not be important for procuring cheap gas, the Ihlas News Agency, or IHA, reports.

Iraq PM Hopes To Give 15B Cubic Meters Of Gas To Nabucco

Δευ, 13 Ιουλίου 2009 - 16:38

Iraqi Prime Minister Nouri al-Maliki said Monday that he hopes his country will give 15 billion cubic meters of gas annually to the Nabucco pipline project, the Ihlas News Agency, or IHA, reported.