English Edition

EDF Energy To Cut Certain UK Elec Prices By Avg 8.8%

Δευ, 16 Φεβρουαρίου 2009 - 13:28

EDF Energy, the U.K. arm of Electricite de France (1024251.FR), Friday said it would cut its standard retail electricity rate by an average of 8.8% for customers in certain parts of the U.K. starting from March 31.

RWE Eyes Help For German LNG Hub Grid Link

Δευ, 16 Φεβρουαρίου 2009 - 13:27

RWE AG (RWE.XE) is seeking political assistance for a planned entry point for liquefied natural gas in northern Germany, Stefan Judisch, chief commercial officer at RWE Supply & Trading, told Dow Jones Newswires in an interview conducted earlier this week.

Italy's Eni Turns A Loss, Expects Tough Times Ahead

Δευ, 16 Φεβρουαρίου 2009 - 13:25

Italian oil and gas company Eni SpA swung to a net loss on energy-price declines in the fourth quarter and predicted a tough time ahead for the international oil industry.

Iran Oil Min:Turkmenistan To Export 10 MCM Gas To Iran

Δευ, 16 Φεβρουαρίου 2009 - 13:24

Iran and Turkmenistan have agreed for Turkmenistan to export 10 million cubic meters of natural gas a year from its South Yolotan natural gas field to Iran, the state Irna news agency reports Saturday, citing Iran's oil minister.

Big Oil Indulges Obama on New Energy Strategy

Δευ, 16 Φεβρουαρίου 2009 - 10:21

Confronted with a sharp change of priorities in Washington, international oil executives are expressing an eagerness to work with President Barack Obama to fashion new policies to tackle global warming.

PPC plans two plants with partner

Δευ, 16 Φεβρουαρίου 2009 - 10:10

Public Power Corporation, Greece’s biggest power company, signed an agreement with steel producer Halyvourgiki to form a joint company that will build two power plants with a total capacity of 880 megawatts. Under the terms of the agreement, Halyvourgiki will own 51 percent of the company that will start off with share capital of 10 million euros, PPC said in a bourse filing.

The Solar Revolution Starts in Amareleja

Δευ, 16 Φεβρουαρίου 2009 - 10:03

The Alentejo region enjoys more sunlight each year than any other place in Europe. So it's here, in south-east Portugal, that an immense solar power station has been set up, producing more energy than any other in the world. This plant alone meets the needs of 30,000 Portuguese homes.

Burgas - Alexandrοupolis Postponed by 1 Year

Παρ, 13 Φεβρουαρίου 2009 - 18:12

The execution of the project Burgas - Alexandrοupolis is being postponed by 1 year. The beginning of the construction of the petrol pipe Burgas - Alexandrοupolis is planned for the middle of 2010, while its exploitation - for 2012.

CEO Sees Lukoil's '09 Russian Oil Output Up On Yr

Παρ, 13 Φεβρουαρίου 2009 - 14:31

Russian oil major Lukoil Holdings (LKOH.RS) plans to produce 90.8 million metric tons of oil in Russia in 2009, Vagit Alekperov, the company's chief executive, told reporters Thursday, Prime-Tass news agency reports.

Russian Govt: Zero Export Duty On East Siberian Oil

Παρ, 13 Φεβρουαρίου 2009 - 14:30

Russia's government has decided to cancel all export duties on oil produced in East Siberia, the Interfax news agency reported late Thursday citing the country's Energy Minister Sergey Shmatko.

Russia's Gazprom To Raise More Money, May Seek Acquisitions

Παρ, 13 Φεβρουαρίου 2009 - 14:28

Russian natural gas monopoly OAO Gazprom plans to raise 90 billion rubles ($2.6 billion) in the financial markets this year to finance its investment program, and it may also consider acquisitions of assets battered by the financial crisis.

Total Still In South Pars Talks With Iran

Παρ, 13 Φεβρουαρίου 2009 - 14:27

French oil major Total SA's (TOT) head of exploration and production said Thursday that talks with Iran over the South Pars liquefied natural gas project continue but are progressing "very slowly."

Iran Nuclear Arms Bid Unclear

Παρ, 13 Φεβρουαρίου 2009 - 14:25

U.S. intelligence doesn't know whether Iran intends to develop nuclear weapons, but at a minimum Tehran is keeping that option open, the new U.S. intelligence director said Thursday.