1. English Edition

English Edition

IMF Wants Speedy Action on Deficits

IMF Wants Speedy Action on Deficits

Πεμ, 14 Μαΐου 2009 - 15:09

The International Monetary Fund sees Greece’s economy shrinking by around 1 percent this year to be followed by a number of years of weak growth if nothing is done to reduce its large budget shortfall and current account deficit.

Self-Service Gas Stations to Be Introduced

Self-Service Gas Stations to Be Introduced

Πεμ, 14 Μαΐου 2009 - 15:06

Self-service gas stations and automated petrol pumps offering fuel around the clock are likely to be introduced to the Greek market soon, after the Development Ministry announced they will be allowed to operate in the country.

Scotlands Biggest Nuclear Waste Store Approved

Scotland's Biggest Nuclear Waste Store Approved

Τετ, 13 Μαΐου 2009 - 17:09

Construction is expected to begin next year on the largest store and treatment plant in Scotland to deal with radioactive waste, the BBC reports on its Web site Wednesday.

BP: Awarded Two Oil, Gas Exploration Blocks In Egypt

BP: Awarded Two Oil, Gas Exploration Blocks In Egypt

Τετ, 13 Μαΐου 2009 - 17:08

BP PLC (BP) said Wednesday it has been awarded two blocks to explore for hydrocarbons offshore Egypt, a country which is already a significant producer and exporter of natural gas.

Economic Flaws Pose Russia Security Risk

Economic Flaws Pose Russia Security Risk

Τετ, 13 Μαΐου 2009 - 17:07

The Russian economy's dependence on natural resources exports and external markets poses a "strategic risk" to the security of the country, a new Kremlin security blueprint said Wednesday.

E.ON Confirms 2010 EBIT Outlook

E.ON Confirms 2010 EBIT Outlook

Τετ, 13 Μαΐου 2009 - 17:02

German utility E.ON AG (EOAN.XE) Wednesday confirmed its 2010 outlook for a 10% rise in adjusted earnings before interests and taxes, or EBIT, to around EUR11 billion.

OPEC Says Output Rose In Apr;Cuts Demand Forecast

OPEC Says Output Rose In Apr;Cuts Demand Forecast

Τετ, 13 Μαΐου 2009 - 17:01

Organization of Petroleum Exporting Countries OPEC Wednesday said its oil output rose in April for the first time since July 2008, despite worsening prospects for global oil demand this year, rising inventories and risks of a fresh fall in crude prices.

Turkish PM Reassures Azerbaijan Over Karabakh Dispute

Turkish PM Reassures Azerbaijan Over Karabakh Dispute

Τετ, 13 Μαΐου 2009 - 16:59

Turkish Prime Minister Recep Tayyip Erdogan said Wednesday that Turkey won't open its border with Armenia before the neighboring country ends its "occupation" of the disputed Nagorno Karabakh region, Turkish newspaper Hurriyet reports on its Web site.

IEA expects energy use by new electronic devices to triple by 2030 but sees considerable room for more efficiency

IEA expects energy use by new electronic devices to triple by 2030 but sees considerable room for more efficiency

Τετ, 13 Μαΐου 2009 - 15:30

The International Energy Agency (IEA) calls on governments to urgently implement policies to make electronic devices such as televisions, laptops and mobile phones more energyefficient. Presenting the new IEA publication Gadgets and Gigawatts today in Paris, IEA Executive Director Nobuo Tanaka said “that despite anticipated improvements in the efficiency of electronic devices, these savings are likely to be overshadowed by the rising demand for technology in OECD and non-OECD countries”.

Gazprom Agrees On Greek DESFA Role In S Stream Proj

Gazprom Agrees On Greek DESFA Role In S Stream Proj

Τρι, 12 Μαΐου 2009 - 19:12

Russian gas company OAO Gazprom (GAZP.RS) and Greek gas company DESFA have agreed to set up a consortium to build the South Stream gas pipeline section across Greece, Russian news agency RIA Novosti reports on its Web site Tuesday, citing a source close to the negotiations.

Gazprom, Japan To Study Gas Supplies From Vladivostok

Gazprom, Japan To Study Gas Supplies From Vladivostok

Τρι, 12 Μαΐου 2009 - 19:10

Russian gas firm OAO Gazprom (GAZP.RS) has signed a memorandum with Japan on preparing a feasibility study for gas supplies from Vladivostok to Japan and other countries in the Asia-Pacific region, the company said Tuesday.

Gazprom,Serbias Srbijagas To Sign South Stream Deal

Gazprom,Serbia's Srbijagas To Sign South Stream Deal

Τρι, 12 Μαΐου 2009 - 19:07

Serbia's state gas firm, Srbijagas, will sign a basic agreement with Russian gas giant OAO Gazprom (GAZP.RS) Thursday to develop a section of the South Stream pipeline, the Serbian company said Tuesday.