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Norway Expects Slight Increase in 2014 Oil Production

Τετ, 15 Ιανουαρίου 2014 - 18:24

Norwegian authorities said Wednesday they expected a slight increase in the nation's oil production, which has been dropping steadily since 2001.

Brussels Probes South Stream Tender Procedures in Bulgaria

Τετ, 15 Ιανουαρίου 2014 - 18:05

The European Commission is checking if the tender procedures for the construction of the Bulgarian section of the South Stream gas pipeline are compliant with EU law, the Commission’s spokesperson Chantal Hughes said, as quoted by the Bulgarian National Radio.

EDF, GDF Suez to Invest EUR600M in Belgium Nuclear Reactor

Τρι, 14 Ιανουαρίου 2014 - 18:59

French power utilities Electricite de France SA (EDF.FR) and GDF Suez SA (GSZ.FR) will invest 600 million euros ($822 million) to extend the life of a nuclear reactor they jointly own in Belgium to 2025, Les Echos newspaper reports, citing unidentified sources.

Italy's Eni Scales Back Push on Polish Shale Gas

Τρι, 14 Ιανουαρίου 2014 - 18:59

Italy's oil producer Eni SpA (E) has reduced its presence in Poland, letting two of its three shale gas exploration licenses expire, Poland's environment ministry said Tuesday.

Russia to Finance Hungary Nuclear Expansion

Τρι, 14 Ιανουαρίου 2014 - 18:58

Russia will provide financing for the expansion of Hungary's only nuclear power plant under a deal signed Tuesday, Janos Lazar, head of the prime minister's office, said.

President Approaches Constitutional Court about Charge on Wind/Solar Power Producers Revenue

Τρι, 14 Ιανουαρίου 2014 - 13:45

Bulgaria’s president Rosen Plevneliev has requested that the Constitutional Court declare unconstitutional a recent 20% charge on revenues from wind and solar power generation.

Italy Taps Oil For Fix to Economic Woes

Δευ, 13 Ιανουαρίου 2014 - 18:14

The impoverished region of Basilicata, in the instep of the Italian boot, has long been called the Texas of Italy for oil reserves so abundant that crude bubbles out of natural springs.

Total Buys 40% Stake in 2 Shale Gas Exploration Licences in UK

Δευ, 13 Ιανουαρίου 2014 - 18:14

French oil company Total SA said it bought a 40% stake in two shale-gas exploration licenses in the U.K., the first major oil company to invest in the country's unconventional gas reserves.

China Securities Regulator Probes Sinovel Wind Group

Δευ, 13 Ιανουαρίου 2014 - 18:13

Sinovel Wind Group Co., one of China's largest wind turbine manufacturers, said it is under investigation by the country's securities regulator for allegedly violating securities laws.

Russia May Build Additional Units in Bushehr

Δευ, 13 Ιανουαρίου 2014 - 18:13

Russia may build additional units at the Iranian civilian nuclear facility in Bushehr, the head of Russian nuclear state corporation Rosatom, Sergei Kiriyenko, told Interfax Monday.

Russia's Lukoil Oil Output Up 1% in 2013, Reversing Decline

Δευ, 13 Ιανουαρίου 2014 - 18:13

Russia's No. 2 crude-oil producer OAO Lukoil (LKOH.RS) said Monday it halted a years-long decline in oil production last year, increasing output by 1%.

Gazprom Exports to Europe up 16% in 2013, Highest Since 2008

Δευ, 13 Ιανουαρίου 2014 - 18:12

Russian gas giant OAO Gazprom (GAZP.RS) said Monday that exports to its most lucrative market in Europe grew 16% last year to the highest level since the 2008 financial crisis.

Eleven Eye Contract to Build South Stream Pipeline in Bulgaria

Δευ, 13 Ιανουαρίου 2014 - 15:39

Eleven candidates have filed applications to take part in a tender to build the Bulgarian section of the South Stream gas pipeline, the state-owned Bulgarian Energy Holding (BEH) said.