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Bosch to Pay SolarWorld Up to EUR130M to Take On Arnstadt

Bosch to Pay SolarWorld Up to EUR130M to Take On Arnstadt

Παρ, 17 Ιανουαρίου 2014 - 18:02

Robert Bosch GmbH will pay SolarWorld AG (SWE.XE) up to 130 million euros ($177 million) to take most of its German solar operations off its hands and continue to employ most the personnel based in Arnstadt, in the German state of Thuringia, people familiar with the agreement told The Wall Street Journal Thursday.

Exxon Mobil Pulls Staff From Abu Dhabis Concession

Exxon Mobil Pulls Staff From Abu Dhabi's Concession

Παρ, 17 Ιανουαρίου 2014 - 18:01

Exxon Mobil Corp. (XOM) has pulled its staff from Abu Dhabi's onshore oil fields after its concession agreement with state-run Abu Dhabi National Oil Company, or Adnoc, expired earlier this month, Energy Intelligence reports Friday.

Brent-WTI Crude Price Difference Narrows As Brent Struggles

Brent-WTI Crude Price Difference Narrows As Brent Struggles

Παρ, 17 Ιανουαρίου 2014 - 18:01

The price difference between Brent crude and its U.S. counterpart has narrowed to the closest point since the end of December, as the North Sea benchmark continues to struggle to make gains this year.

Bulgaria Produces More Energy than it Consumes: President

Bulgaria Produces More Energy than it Consumes: President

Παρ, 17 Ιανουαρίου 2014 - 14:41

Bulgarian President Rosen Plevneliev, who is on an official two-day visit to Albania, discussed security in terms of electricity supply during a meeting with representatives of Albanian companies, the press centre of the Bulgarian Head of State announced.

Construction of South Stream Gas Pipeline in Bulgaria Seen Starting in June

Construction of South Stream Gas Pipeline in Bulgaria Seen Starting in June

Παρ, 17 Ιανουαρίου 2014 - 14:06

Construction works on the Bulgarian section of South Stream gas pipeline are expected to start in June, three months after a contractor is named, the CEO of the Dutch-based South Stream Transport B.V. said, as quoted by the Sofia News Agency (Novinite.com).

Vattenfall Begins Consultations on New Nuclear Reactor

Vattenfall Begins Consultations on New Nuclear Reactor

Πεμ, 16 Ιανουαρίου 2014 - 18:21

Swedish state-owned utility Vattenfall AB said Thursday it will begin consultations with authorities and residents about the potential construction of new nuclear reactors at the Ringhals power plant on the southwest coast of Sweden.

Price of OPEC Oil Falls For First Time Since 2010

Price of OPEC Oil Falls For First Time Since 2010

Πεμ, 16 Ιανουαρίου 2014 - 18:21

The price that some of world's biggest oil producers charge for their oil fell last year for the first time since 2010, the Organization of the Petroleum Exporting Countries said Thursday.

Genel Energy 2013 Production 44,000 bopd; Revenue $350M

Genel Energy 2013 Production 44,000 bopd; Revenue $350M

Τετ, 15 Ιανουαρίου 2014 - 18:25

Genel Energy PLC (GENL.LN), the oil explorer led by former BP PLC Chief Executive Tony Hayward, Wednesday reported 2013 net working interest production of 44,000 barrels of oil per day, in line with 2012, and forecast 2014 daily production of 60-70,000 barrels.

Novatek, Gazprom Neft Buy Enis Stake in SeverEnergia

Novatek, Gazprom Neft Buy Eni's Stake in SeverEnergia

Τετ, 15 Ιανουαρίου 2014 - 18:25

Russian energy firms OAO Novatek (NVTK.RS) and OAO Gazprom Neft (SIBN.RS) have increased their stake in SeverEnergia by buying out Eni S.p.A.'s (E) share in the oil and gas producer, the companies said in press releases Wednesday.

EU Still Preparing Formal Complaint in Gazprom Antitrust Case

EU Still Preparing Formal Complaint in Gazprom Antitrust Case

Τετ, 15 Ιανουαρίου 2014 - 18:24

The European Union is still drafting a formal antitrust complaint against Gazprom OAO (GAZP.RS), despite settlement talks with the Russian energy company, the EU's antitrust chief Joaquin Almunia said Wednesday.

Brussels Probes South Stream Tender Procedures in Bulgaria

Brussels Probes South Stream Tender Procedures in Bulgaria

Τετ, 15 Ιανουαρίου 2014 - 18:05

The European Commission is checking if the tender procedures for the construction of the Bulgarian section of the South Stream gas pipeline are compliant with EU law, the Commission’s spokesperson Chantal Hughes said, as quoted by the Bulgarian National Radio.