English Edition

Voestalpine CEO: EU CO2 Targets Will Force Co Out Of Austria

Τετ, 23 Ιανουαρίου 2008 - 04:07

Austrian specialty steelmaker Voestalpine AG (VOE.VI) will have to move production out of Austria if the company can't reach a compromise with the European Commission over new carbon dioxide emission targets, the company's chief executive said Wednesday.

Kazakh '07 Uranium Output Up 25.7% To 6,637 Tons -Kazatomprom

Τετ, 23 Ιανουαρίου 2008 - 04:05

Kazakhstan produced 6,637 metric tons of uranium in 2007, up from 5,281 tons a year earlier, Kazakh state nuclear fuel company Kazatomprom said Wednesday.

Saudi Kayan $6B Syndicated Loan To Be Signed In Days -Source

Τετ, 23 Ιανουαρίου 2008 - 02:47

A $6 billion syndicated term loan facility for Saudi Kayan Petrochemicals Corp.'s new petrochemicals complex is expected to be signed within days, a banker involved in the transaction said Wednesday.

Serbia Allows Russia a Major Role in Energy

Τετ, 23 Ιανουαρίου 2008 - 02:43

Serbia cemented its ties with Russia yesterday, allowing Moscow a major role in its economy through an agreement with energy giant Gazprom to develop the Balkan country’s oil and gas industry.

Ankara Αccepts RWE as Nabucco Partner

Τετ, 23 Ιανουαρίου 2008 - 02:40

Turkish Prime Minister Recep Tayyip Erdogan has approved German energy firm RWE as the sixth partner in the EU-backed Nabucco gas pipeline project, an official at the prime minister’s office said yesterday.

Hungarian MOL Closes Share Transaction Deal With CEZ

Τετ, 23 Ιανουαρίου 2008 - 02:37

Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Wednesday that the share purchase agreement as part of MOL's strategic alliance with CEZ A.S.(BAACEZ.PR) was financially closed and settled Jan. 23, 2008.

British Energy: 635MW Reactor Offline In Unplanned Shutdown

Τετ, 23 Ιανουαρίου 2008 - 02:35

U.K. nuclear power producer British Energy (BGY.LN) said on Wednesday that its 635-megawatt Torness 2 reactor shut down due to an unplanned outage at 1329 GMT Tuesday.

Israeli Official Welcomes Accord On UN Iran Resolution- AFP

Τετ, 23 Ιανουαρίου 2008 - 02:33

A senior Israeli official Wednesday welcomed world powers agreeing on the text of a new U.N. Security Council resolution against Iran over its disputed nuclear program.

Moncada in Albanian Power Link

Τρι, 22 Ιανουαρίου 2008 - 05:16

Italian construction and energy firm Moncada Costruzioni plans to start building a 400-kilovolt power link this year with Albania to boost electricity imports to Italy.

Melrose Looking to Bulgaria Gas

Τρι, 22 Ιανουαρίου 2008 - 05:12

Melrose Resources plans to start extracting gas from a Bulgarian Black Sea offshore block by the middle of 2009, it said yesterday.

Serbia: Toward Russia or EU?

Τρι, 22 Ιανουαρίου 2008 - 05:02

Serbs face a choice between a nationalist who leans toward Russia and a liberal favoring the West in a presidential election runoff next month. Both candidates oppose independence for the breakaway province of Kosovo, expected to be declared soon after the second round vote with the backing of the West.

EU Emission Plans will Hit Coal Plants

Τρι, 22 Ιανουαρίου 2008 - 04:58

European Commission proposals to be published tomorrow will force power generators to pay for carbon-emissions permits and could chop profits at companies which burn coal to produce electricity, analysts said yesterday.

Dimas Urges Greener Policies

Τρι, 22 Ιανουαρίου 2008 - 04:54

European Environment Commissioner Stavros Dimas called on Greece yesterday to implement more effective ecological measures and expressed concern over whether the government will move ahead with building a park in the Hellenikon area of southern Athens.