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EDF CFO Denies Specific Interest in E.ONs Italian Assets

EDF CFO Denies Specific Interest in E.ON's Italian Assets

Πεμ, 5 Δεκεμβρίου 2013 - 17:43

Energy giant Electricite de France SA (EDF.FR) has "no specific interest" in E.ON SE's (EONGY) Italian assets, EDF's Chief Financial Officer Thomas Piquemal said Thursday, responding to earlier press reports that included the French firm in a list of potential buyers.

Eni CEO Had Long and Very Warm Meeting With Iran Oil Minister

Eni CEO Had Long and Very Warm Meeting With Iran Oil Minister

Πεμ, 5 Δεκεμβρίου 2013 - 17:43

The head of Italian oil company Eni SpA (E) had a "fairly long and very warm" meeting with Iran's oil minister in Vienna Thursday to discuss a possible increase in the company's activities in the country if western sanctions are lifted.

Austrias OMV Met Iran Oil Minister

Austria's OMV Met Iran Oil Minister

Πεμ, 5 Δεκεμβρίου 2013 - 17:42

A representative of Austria's oil company OMV AG (OMV.VI) met Iran's oil minister Bijan Zanganeh Thursday in Vienna, an Iranian official said.

Noble Energy Unveils Two Exploration Discoveries

Noble Energy Unveils Two Exploration Discoveries

Τετ, 4 Δεκεμβρίου 2013 - 16:04

Noble Energy Inc. (NBL) disclosed two new discoveries of crude oil and natural gas as the exploration company seeks to meet growing demand for the resources.

OPEC Faces Challenges to Maintain Oil-Market Stability

OPEC Faces Challenges to Maintain Oil-Market Stability

Τρι, 3 Δεκεμβρίου 2013 - 13:20

The oil market has been rocked by upheaval in the last 1,000 days, from revolution in Libya and an embargo on Iran's oil sales to a 6 million barrel rise in world oil use and an astonishing resurgence in U.S. oil production.

BP Gets Favorable Ruling From Federal Appeals Court

BP Gets Favorable Ruling From Federal Appeals Court

Τρι, 3 Δεκεμβρίου 2013 - 13:20

A federal appeals court ruling late Monday may spare BP PLC (BP, BP.LN) from making hundreds of millions of dollars in compensation payments stemming from its 2010 oil spill in the Gulf of Mexico.

Polish Companies Plan $3.9 Bln Investment in Petrochemical Plant

Polish Companies Plan $3.9 Bln Investment in Petrochemical Plant

Τρι, 3 Δεκεμβρίου 2013 - 13:19

Poland's state-controlled companies Grupa Lotos SA (LTS.WA) and Grupa Azoty SA (ATT.WA) want to build a 12 billion zloty ($3.9 billion) petrochemical plant as part of the government's plan to strengthen national champions.

Iran Deal And Iraqi Output Refresh Tensions At OPEC

Iran Deal And Iraqi Output Refresh Tensions At OPEC

Δευ, 2 Δεκεμβρίου 2013 - 18:37

Tensions are emerging within the Organization of the Petroleum Exporting Countries over which member countries should trim oil production to make room for a resurgence in Iraqi exports and the possible return of more Iranian crude to world markets if sanctions are eased.

Romania Riot Police Clear Shale Gas Protesters

Romania Riot Police Clear Shale Gas Protesters

Δευ, 2 Δεκεμβρίου 2013 - 18:36

Hundreds of Romanian riot police armed with batons forcibly removed some 100 villagers early Monday who had been camping out for weeks in protest of multinational energy corporation Chevron's (CVX) plans to drill for shale gas, witnesses said.

Israels Givot Olam Halts Drilling at Meged field

Israel's Givot Olam Halts Drilling at Meged field

Δευ, 2 Δεκεμβρίου 2013 - 18:36

Israeli energy exploration company, Givot Olam Oil Exploration L.P.(GIVO.L.TV) said Monday it would halt drilling at its Meged field in central Israel due to jammed pipes, just weeks after it discovered a flow of oil at the field.

Oil Prices Near Flat As Supply and Demand Balance

Oil Prices Near Flat As Supply and Demand Balance

Δευ, 2 Δεκεμβρίου 2013 - 18:35

Crude oil futures were down slightly in London trading Monday, with supply and demand reasonably balanced, and ahead of an OPEC meeting that begins Tuesday.