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Serbian Energy Regulator Mulls Gas Price Hike

Serbian Energy Regulator Mulls Gas Price Hike

Τετ, 7 Αυγούστου 2013 - 14:03

Serbia's energy regulator, AERS, said on Tuesday it is reviewing a gas price hike proposal from Srbijagas that could see household tariffs rise by 4.4% as of September 1 while the average increase for all customers is estimated at 5.7%.

CNPC Starts Second Phase of Halfaya Oil Project in Iraq

CNPC Starts Second Phase of Halfaya Oil Project in Iraq

Τρι, 6 Αυγούστου 2013 - 18:06

China's largest oil company has started the next phase of construction at its landmark oil project in Iraq as it attempts to improve energy security and make up for a decline in oil exports from Iran.

Gazprom Neft Net Rises on Higher Output

Gazprom Neft Net Rises on Higher Output

Τρι, 6 Αυγούστου 2013 - 18:05

OAO Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Tuesday its net profit for the second quarter increased 25% on the year to 38.1 billion rubles ($1.16 billion) on the back of higher crude oil production.

Global LNG Spend to Top $228 Bln in Next 5 Years - Consultant

Global LNG Spend to Top $228 Bln in Next 5 Years - Consultant

Τρι, 6 Αυγούστου 2013 - 18:05

Global capital expenditure in the liquefied natural gas sector will more than double to around $228 billion in the 2013-2017 period, compared to the previous five years, consulting firm Douglas Westwood said in a statement.

Edison CEO Says is Thinking About Importing Shale Gas

Edison CEO Says is Thinking About Importing Shale Gas

Τρι, 6 Αυγούστου 2013 - 18:05

The Chief Executive of Italian utility Edison, controlled by French EDF (EDF.FR), said in an interview published Tuesday that Edison is "thinking" about importing shale gas in Europe.

Iraq Seeks Foreign Firms for New Iraq-Turkey Oil Pipeline

Iraq Seeks Foreign Firms for New Iraq-Turkey Oil Pipeline

Τρι, 6 Αυγούστου 2013 - 12:32

Iraq has invited international companies to build part of a new oil export pipeline linking the country's northern Kirkuk fields to Turkey, an oil ministry spokesman said on Monday. The stretch of pipeline through Iraqi territory will act as a back-up to an existing pipeline that has suffered repeated bomb attacks and technical faults, said Oil Ministry spokesman Asim Jihad.

GDF Suez Sells 50% Of Portugal Thermal, Renewable To Marubeni

GDF Suez Sells 50% Of Portugal Thermal, Renewable To Marubeni

Δευ, 5 Αυγούστου 2013 - 17:53

French power group GDF Suez SA (GSZ.FR) Monday said it sold half of its thermal and renewable power generation assets in Portugal to Japan's Marubeni Corp. (8002.TO) for an undisclosed amount, helping though cutting its net financial debt by 600 million euros ($797 million) as of the closing of the deal.

Over 99% of SolarWorld 2016 Bondholders Favor Restructuring Plan

Over 99% of SolarWorld 2016 Bondholders Favor Restructuring Plan

Δευ, 5 Αυγούστου 2013 - 17:53

Nearly 100% of bondholders voted in favor of a proposed restructuring plan for Solarworld AG (SWV.XE) at a bondholders' meeting Monday, the company said, confirming information attained by Dow Jones Newswires from a person attending the meeting.

EU Calls For Rapid Progress On Iran Nuclear Issue

EU Calls For Rapid Progress On Iran Nuclear Issue

Δευ, 5 Αυγούστου 2013 - 17:52

The European Union urged Iran's new president Monday to make "rapid progress" towards resolving concerns over the country's disputed nuclear program after he struck an apparently more conciliatory stance.