English Edition

OPEC May Oil Output Up 1.35% On Mo At 32.39M B/D

Τετ, 4 Ιουνίου 2008 - 03:27

The Organization of Petroleum Exporting Countries boosted crude oil output in May, a survey by Dow Jones Newswires showed Wednesday, as the oil-producer group loosened its grip on production amid rising demand and record-high price levels of above $120 a barrel.

Energy Makes Up 70% Of German Imports From Russia

Τετ, 4 Ιουνίου 2008 - 03:26

Energy accounts for 70% of German imports from Russia, official data showed on Wednesday as Berlin got set to welcome Russian President Dmitry Medvedev on his first European trip since taking office.

Alstom CEO: Still Keen On Merging Company With Areva

Τετ, 4 Ιουνίου 2008 - 03:24

Alstom's (1022047.FR) Chief Executive Patrick Kron said Wednesday he is still keen on merging his company with nuclear giant Areva (CEI.FR).

Total Makes New North Sea Gas Discovery

Τετ, 4 Ιουνίου 2008 - 03:21

French oil giant Total (TOT) said Wednesday that it has made a new gas and condensate discovery in the Alwyn Area of the Northern North Sea, close to the Jura field that recently came on stream.

EU Requests Hungary To End Long-term Power Purchase Pacts

Τετ, 4 Ιουνίου 2008 - 03:19

The European Commission requested Hungary Wednesday, following an in-depth investigation under EC Treaty state aid rules, to end long term power purchase agreements for electricity because they constitute unlawful and incompatible state aid to the power generators.

EDP Renovaveis Shares Fall 2% After Lisbon Debut

Τετ, 4 Ιουνίου 2008 - 03:17

Shares of EDP Renovaveis (EDPR.LB), the world's fourth-biggest wind-power producer, fell 2% soon after debuting Wednesday on the Euronext Lisbon stock exchange in Europe's largest listing so far this year.

Israel PM:Use All Possible Means To Stop Iran Nukes

Τετ, 4 Ιουνίου 2008 - 03:14

Israeli Prime Minister Ehud Olmert said on Tuesday that Iran 's controversial nuclear program must be stopped "by all possible means."

Great Success of Ecotec and Ecoforum

Τρι, 3 Ιουνίου 2008 - 23:59

With great success ended the 1st International Exhibition “Ecotec-Environmental Technologies” on Monday, organized by Technoekdotiki at Expo Athens.

Kazakhstan Hopes To End Kashagan Talks By June 30

Τρι, 3 Ιουνίου 2008 - 03:18

Kazakhstan hopes to complete talks with international oil firms over the development of the massive Kashagan oil project by the end of June, Energy Minister Sauat Mynbayev said Monday, according to the Interfax news agency.

Gazprom Offers To Buy Gas From Azerbaijan At Market Price

Τρι, 3 Ιουνίου 2008 - 03:17

Russian state gas company OAO Gazprom (GAZP.RS) has offered to buy natural gas from Azerbaijan at market price on a long-term supply contract, the company said late Monday.

Turkmenistan Looks East As It Forecasts Soaring Gas Output

Τρι, 3 Ιουνίου 2008 - 03:15

Turkmenistan is looking to India and China as the next big markets for its gas, as it forecasts production will soar to 250 billion cubic meters annually by 2040, from 72 bcm last year, Turkmenistan 's deputy oil and gas minister Bairamgeldy Nedirov said Friday.

US Sen Schumer: Russia Part Of The Iran Answer

Τρι, 3 Ιουνίου 2008 - 03:14

Last month, Iranian President Mahmoud Ahmadinejad announced that Iran was installing an additional 6,000 centrifuges at Iran's main nuclear enrichment complex. The Bush administration in turn needs to use every diplomatic tool in its arsenal to halt Tehran's development of nuclear weapons.

EU Wants Legally Binding Energy Deal With Russia

Τρι, 3 Ιουνίου 2008 - 03:09

A new energy partnership between the European Union and Russia should be legally binding, E.U. External Relations Commissioner Benita Ferrero-Waldner said in an interview Tuesday.