English Edition

Repsol Would Get $5 Billion in Bonds in YPF Deal

Τρι, 26 Νοεμβρίου 2013 - 18:02

Argentina would pay Repsol SA $5 billion in Argentine government bonds to compensate the Spanish oil company for expropriating its controlling stake in YPF SA last year, according to people familiar with a proposal Repsol management has agreed to bring to a vote by its board.

Fuel Prices Rise in Slovenia

Τρι, 26 Νοεμβρίου 2013 - 13:18

Prices of all petroleum products in Slovenia are going up on Tuesday, with regular and premium both going up by 2.5 cents to EUR 1.441 and EUR 1.483 a litre, respectively. The price of diesel will meanwhile increase by 1.1 cents to EUR 1.368 a litre.

Science of Nuclear Capacity Fuels Doubt on Deal's Impact

Δευ, 25 Νοεμβρίου 2013 - 19:06

The big question over the agreement forged Sunday in this Swiss lakeside city between Iran and the world's big powers is this: How much will it delay, if at all, Tehran's ability to produce enough material for a nuclear weapon?

Egypt in Talks to Offer Higher Gas Prices to Foreign Partners

Δευ, 25 Νοεμβρίου 2013 - 19:06

Egypt is in talks to offer higher prices for the natural gas it buys from its foreign energy partners to encourage more investments in its hydrocarbon sector, the country's oil minister said in an interview broadcast on state-owned television.

IEA's Birol: Surprised if Iranian Oil Exports Rebounded Soon

Δευ, 25 Νοεμβρίου 2013 - 19:04

International Energy Agency chief economist Fatih Birol said Monday that he would be surprised if Iranian oil exports returned to pre-crisis levels soon, following the political accord Sunday on Iran's nuclear program.

Turkey Could Increase Oil Imports from Iran

Δευ, 25 Νοεμβρίου 2013 - 19:04

Turkey could increase its oil imports from Iran after the Islamic Republic signed a deal with major world powers to curb its nuclear program, paving the way for more crude oil to reach the global market, Energy Minister Taner Yildiz said Monday.

Russia Energy Min: Gazprom, CNPC Should Strike Gas Deal Soon

Δευ, 25 Νοεμβρίου 2013 - 19:04

Russian Energy Minister Alexander Novak told reporters Monday he thinks Russian state-controlled gas giant OAO Gazprom (GAZP.RS) and China National Petroleum Corp., or CNPC, should strike a long-awaited gas deal soon, Prime news agency reported.

Saudi Arabia Cautiously Welcomes Iran Nuclear Deal

Δευ, 25 Νοεμβρίου 2013 - 19:03

Saudi Arabia Monday cautiously welcomed the Geneva nuclear deal reached between Iran and world powers, saying "good intentions" could lead to a comprehensive agreement on Tehran's controversial atomic program.

IEA Ministerial 2013: Global Synergy for Tomorrow’s Energy

Δευ, 25 Νοεμβρίου 2013 - 17:21

Chaired by Turkish Minister of Energy and Natural Resources Taner Yildiz, the IEA Ministerial took place on 19-20 November in Paris, bringing together ministers and senior government officials from the 28 IEA member countries as well as Brazil, China, India, Indonesia, Mexico, Russia and South Africa. Also participating were ministers from the IEA accession nations of Chile and Estonia – the latter of which just cleared the last hurdle toward IEA membership – as well as more than 30 industry leaders from the IEA Energy Business Council, which is made up of top companies active in energy or closely related fields

IENE Acted as Adviser to Minister Yannis Maniatis at IEA’s Ministerial 2013

Δευ, 25 Νοεμβρίου 2013 - 17:20

Following an invitation by Greece’s Minister of Environment, Energy and Climate Change Mr. Yannis Maniatis, IENE’s Executive Director Mr. Costis Stambolis, joined the Greek delegation as an advisor at the recent IEA Ministerial 2013 conference held in Paris on November 19-20. Costis Stambolis assisted the Greek team with background research and expert analysis on a variety of issues which were discussed during this two day intensive top level gathering which was held at OECD headquarters in Paris

Bulgaria Opens 1.4 mln euro Tender for Design of Gas Link with Serbia

Παρ, 22 Νοεμβρίου 2013 - 15:15

Bulgaria's energy ministry has invited bids for a 2.7 million levs ($1.9 million/1.4 million euro) contract for the design of a gas link with neighbouring Serbia, a public procurement notice indicated.

Turkey, Iraqi Kurds Make Progress on Oil Deal

Παρ, 22 Νοεμβρίου 2013 - 15:14

Turkey and the Kurdish Regional Government in northern Iraq are quickly forging ahead with a series of deals that would let the semiautonomous region start piping oil to world markets as soon as early next year. But the central government in Baghdad remains a major obstacle.