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UK Energy Firms Digest Pricing Policy Change

UK Energy Firms Digest Pricing Policy Change

Shares in SSE (SSE.LN) and Centrica (CNA.LN) briefly rallied early Monday after the government said the UK's biggest energy providers would cut customers' gas and electricity prices to reflect regulatory changes.

Turkey Sees Boon From Iran Accord

Turkey Sees Boon From Iran Accord

Turkish hotels and travel agents reported a sharp jump in bookings from Iranian tourists this week while traders in Istanbul's famed bazaar said more Iranian businessmen have been buying Turkish goods in bulk to sell back home.

OPEC Rift Emerging Over Iraq Output, Possible Return of Iran

OPEC Rift Emerging Over Iraq Output, Possible Return of Iran

A fresh rift is emerging among OPEC members over trimming the cartel's oil output in the coming months, amid surging U.S. production, a resurgence in Iraqi exports and the possible return of more Iranian crude to world markets.

IENE’s «Energy and Development 2013»: Greece’s Energy Agenda at A Crucial Crossroads

IENE’s «Energy and Development 2013»: Greece’s Energy Agenda at A Crucial Crossroads

The regional perspectives and the international dimension of major energy infrastructure projects and related investments, as well as the relationship between energy and foreign policy are the major subjects on which IENE’s 18th National Energy Conference “Energy and Development 2013” Conference will focus on.

Exxon Mobil, PetroChina Close to Signing Iraq Deal

Exxon Mobil, PetroChina Close to Signing Iraq Deal

U.S. energy giant Exxon Mobil Corp. is set to sell a 25% stake in its West Qurna-1 oil field in Iraq to PetroChina Co., according to the Iraqi government.

Eni CEO Says No Contacts With Iran to Tap Hydrocarbons

Eni CEO Says No Contacts With Iran to Tap Hydrocarbons

Eni SpA (E), Italy's biggest energy company by market value, hasn't had any contacts with Iran over tapping into the hydrocarbon-rich country following the recent interim accord between the Islamic republic and key world powers to freeze Teheran's nuclear program, said Chief Executive Paolo Scaroni Thursday.

EU Warns German Energy Costs Will Keep Climbing

EU Warns German Energy Costs Will Keep Climbing

Germany faces huge increases in the cost of electricity even if the new government sticks to pledges to slow the country's shift to renewable sources like wind and solar power, the European Union's energy chief said Thursday.

Ireland Shelves Plan to Privatize Energy Firm, Minister Says

Ireland Shelves Plan to Privatize Energy Firm, Minister Says

Ireland's government has shelved a plan to sell a state-owned energy company, one of the country's largest privatizations under its international bailout, because bids for the business were too low, the energy minister said Wednesday.

Eni Signs Deal with Ukraine on Offshore Exploration, Production

Eni Signs Deal with Ukraine on Offshore Exploration, Production

Eni SpA (E) Wednesday said it has signed a deal with the Ukrainian government that will give it access to offshore exploration and production as it seeks to tap into hydrocarbon reserves off the country's Black Sea coast.

China To Invest EUR5B in Romanian Energy Projects

China To Invest EUR5B in Romanian Energy Projects

Romania's minister-delegate for energy Constantin Nita Tuesday said Chinese investors have pledged total financing worth 5 billion euros (6.76 billion) for local energy projects, news agency Mediafax reports.