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BNP Paribas Inks Deal To Fund Low-Carbon Projects in Russia

Παρ, 1 Φεβρουαρίου 2008 - 04:59

French bank BNP Paribas SA (13110.FR) said in a statement Friday that it has signed a deal with Russia's state-owned Vnesheconombank to jointly finance low-carbon projects in Russia.

Airbus A380 Starts Alternative Fuel Research Program

Παρ, 1 Φεβρουαρίου 2008 - 04:57

On Feb. 1, 2008, the Airbus A380 will launch the company's alternative fuel research program by becoming the first commercial aircraft to fly with a synthetic liquid fuel processed from gas in a three-hour flight between Filton, UK and Toulouse, France, Airbus said Friday.

StatoilHydro: Norwegian Fields Kristin, Huldra Offline

Παρ, 1 Φεβρουαρίου 2008 - 04:53

StatoilHydro ASA (STO) said Friday that its Kristin and Huldra fields are both offline, the former due to storms which have reduced lifeboat capacity, and the latter for "technical reasons."

Russia's Medvedev Hints At Foreign Policy Thaw

Παρ, 1 Φεβρουαρίου 2008 - 04:50

Russia's likely next leader, Dmitry Medvedev, may well soften Moscow's bare-knuckle approach to international relations, but don't expect the Russian bear to go cuddly, analysts said Friday.

OPEC Secy Genl: Hopes Any Recession Will Last Only 2 Or 3 Qtrs

Παρ, 1 Φεβρουαρίου 2008 - 04:47

Any recession in the U.S. and elsewhere may be brief and the emerging economies of India and China are likely to withstand it, top Organization of Petroleum Exporting Countries officials said Thursday, shortly after the cartel opted to leave its production levels untouched during policy talks.

Albania Power Deal

Παρ, 1 Φεβρουαρίου 2008 - 02:51

A tender won by Austrian utility EVN to build three hydroelectric power stations in Albania will require an investment of some 900 million euros ($1.3 billion), the country’s Energy Ministry said.

Gas Exporter Grp To Formalize Structure By End '08

Πεμ, 31 Ιανουαρίου 2008 - 06:40

A club involving the world's major gas exporting countries will formalize its structure and leadership by the end of this year, but won't be similar to the Organization of Petroleum Exporting Countries, an official familiar with the matter told Dow Jones Newswires Thursday.

Public Power Scorns Mytilineos Bid

Πεμ, 31 Ιανουαρίου 2008 - 06:38

Public Power Corporation (PPC) and the development ministry seem determined to sign a major energy deal with Germany's RWE. This comes despite objections from other players about the lack of transparency in the process, as well as continued union opposition. GENOP is planning a strike on January 29, opposing PPC's cooperation with RWE.

End of Road for Coal?

Πεμ, 31 Ιανουαρίου 2008 - 06:35

The European Union's executive adopted plans on January 23 to slash greenhouse gas emissions, seeking to push the world into tough climate action, but delayed key decisions on how to soften the impact on industry.

Paying the Price for Energy Inefficiency

Πεμ, 31 Ιανουαρίου 2008 - 06:31

Greece spends more energy on heating than several northern European countries, a paradox explained by the country's many energy-inefficient buildings, says Eurostat.

Greeks Go Green

Πεμ, 31 Ιανουαρίου 2008 - 06:28

We are accepting greater responsibility for the state of the environment. That is the message of a survey carried out by the Hellenic Society for the Protection of the Environment and Cultural Heritage (Elliniki Etairia), which found that ecological issues are the most pressing of all social concerns in the country.