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EU Says Will Drop Argentina, Indonesia Biodiesel Complaint

EU Says Will Drop Argentina, Indonesia Biodiesel Complaint

The European Commission is to drop an anti-subsidy probe into imports of biodiesel from Argentina and Indonesia, major producers, but will continue an anti-dumping investigation, officials said Thursday.

EDF, UK Govt Strike Deal on Nuclear Reactor Build

EDF, UK Govt Strike Deal on Nuclear Reactor Build

The U.K. government and Electricite de France SA (EDF.FR) have reached an agreement that will allow the French power giant to take on Chinese partners and build the first new nuclear power plant in England in nearly 30 years, people familiar with the matter said Thursday.

Chevron Suspends Shale Gas Activity In Romania Due To Protests

Chevron Suspends Shale Gas Activity In Romania Due To Protests

U.S. energy giant Chevron Corp (CVX) has delayed plans to drill for shale gas at its field in the Silistea area, in the eastern Hungarian county of Vaslui, in response to protests against fracking, a controversial process used to extract gas and oil from shale deposits, news agency Mediafax reports Thursday.

Algeria to Double Refining Capacity in 4-5 Years

Algeria to Double Refining Capacity in 4-5 Years

Algeria plans to double its refining capacity in the next four to five years to meet growing domestic demand, a senior official at the state-run energy firm said Wednesday.

China to Increase Purchases of Iraqi Oil Next Year

China to Increase Purchases of Iraqi Oil Next Year

Iraq expects to sharply increase the amount of oil it sells to China in 2014, building its market share for this year in 2014 even further, Falah al-Amiri, director general of Iraq's State Oil Marketing Organization, SOMO, said Wednesday.

Iraq Oct Oil Exports to be at Normal Levels of 2.5M B/D

Iraq Oct Oil Exports to be at Normal Levels of 2.5M B/D

Iraq's oil exports will be at the "normal level" of 2.5 million barrels a day in October, now work conducted to increase the country's export capacity in September is finished, Iraq's Deputy Prime Minister Hussein al Shahristani, said Wednesday.

EU Clears EUR465 Million State Aid for Polish Gas Network

EU Clears EUR465 Million State Aid for Polish Gas Network

The European Union's antitrust authority said Wednesday it has approved state aid totalling 1.95 billion Polish zlotys ($601 million) that will help fund the building of gas pipelines in Poland.

UAE Still Studying Options For Nuclear Spent Fuel

UAE Still Studying Options For Nuclear Spent Fuel

The United Arab Emirates is still looking at options to manage its radioactive waste in the long term for its planned nuclear plants as what is OPEC's fourth-largest crude producer tries to cut its reliance on oil, the chief executive of Emirates Nuclear Energy Corp., or ENEC, said Wednesday.

Serbias Srbijagas to Seek 200 mln Euro Loan

Serbia's Srbijagas to Seek 200 mln Euro Loan

Serbian state-owned gas monopoly Srbijagas plans to seek a 200 million euro ($271.2 million) bank loan to cover expenses during this year's heating season, local media reported on Tuesday.

$100 a Barrel Is Good Value for Oil -- Shell CEO

$100 a Barrel Is Good Value for Oil -- Shell CEO

Oil prices are likely to rise in the long-term as production costs escalate and a "good value" for oil is at around $100 a barrel, Peter Voser, Chief Executive of Royal Dutch Shell PLC (RDSB.LN), said Tuesday at an industry conference.

Totals 3Q European Refining Margin Down at $10.6/Ton

Total's 3Q European Refining Margin Down at $10.6/Ton

Total SA (TOT) Tuesday said that its European refining margin in the third quarter this year dropped to $10.6 per ton, from $24.1 per ton in the second quarter and $51 per ton a year earlier.

Korea Gas May Sell Part of 20% Stake in Canadian LNG Project

Korea Gas May Sell Part of 20% Stake in Canadian LNG Project

Korea Gas Corp. (036460.SE), the world's largest corporate importer of liquefied natural gas, may sell part of its 20% stake in a Canadian natural-gas project as part of efforts to reorganize its finances, its chief executive said Tuesday.

SAMSUNG Completes 45MW PV in Romania

SAMSUNG Completes 45MW PV in Romania

South Korean multinational Samsung has finished a EUR 100 million solar park in Slobozia, Giurgiu county, southern Romania.