English Edition

Noble Energy Unveils Two Exploration Discoveries

Noble Energy Unveils Two Exploration Discoveries

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

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

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

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

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

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

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

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.

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.