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Zorlu Enerji Completed Second Phase of 80 MW Geothermal Plant

Δευ, 4 Νοεμβρίου 2013 - 12:38

Turkey's Zorlu Enerji said on Monday its wholly-owned unit Zorlu Dogal Elektrik Uretimi has powered up the 20 megawatt (MW) second phase of its 80 MW Kizildere II geothermal plant in southwestern Turkey.

Israeli Warplanes Strike Syrian Military Base

Παρ, 1 Νοεμβρίου 2013 - 16:17

Israeli warplanes struck a military base near the Syrian city of Latakia on Wednesday in a bid to prevent weapons transfers to the regime's Lebanese allies Hezbollah, according to a U.S. official.

SocGen Says Visibility On Free Cash Flow Lacking at Shell

Παρ, 1 Νοεμβρίου 2013 - 16:17

Societe Generale downgrades Royal Dutch Shell (RDSB.LN) to "hold" from "buy" following poor 3Q results Thursday. Says there is a near-term lack of visibility on free cash flow.

Romania Sells 15% in Romgaz for RON1.7 Billion

Παρ, 1 Νοεμβρίου 2013 - 16:16

Romania sold a 15% stake in natural gas producer Romgaz for 1.7 billion lei ($534 million) in Romania's largest public offering and the first privatization to include a global depository receipt component to be traded on the London Stock Exchange, news agency Mediafax reports.

Chevron Moves to Avoid Jury Trial in Ecuador Lawsuit

Παρ, 1 Νοεμβρίου 2013 - 16:16

Chevron Corp. (CVX) moved Monday to avoid a jury trial in its lawsuit against a lawyer it accuses of fraud in a high-stakes legal battle over pollution in Ecuador's jungles.

Romania to Increase Stake Sale in Hidroelectrica IPO

Παρ, 1 Νοεμβρίου 2013 - 16:15

Romania now plans to sell a 15% stake in hydropower producer Hidroelectrica in a public offering scheduled for July 2014, a senior official said Friday, news agency Mediafax reported.

Brent Crude Down Over 1% As Libya Disruption Wanes

Παρ, 1 Νοεμβρίου 2013 - 16:14

Brent crude oil fell over 1% in London trading Friday to hit 107.50 a barrel, as Libya resumed some production after disruptions.

IENE’s 2nd SE Europe Regional Upstream Workshop: Keynote Speech by Greece's Minister of Environment, Energy & Climate Change

Πεμ, 31 Οκτωβρίου 2013 - 17:59

Prof. John Maniatis, Greece’s Minister of Environment, Energy & Climate Change addressed today IENE’s 2nd SE Europe Regional Upstream Workshop on “Hydrocarbon Exploration and Production in the Adriatic, the Black Sea and the East Mediterranean” . Here follows Mr. Maniatis's speech at IENE's Workshop

Gazprom to Produce 60,000 B/D from Iraq's Badra Field in March -Iraq Minister

Πεμ, 31 Οκτωβρίου 2013 - 13:12

Russian state oil producer OAO Gazprom Neft (SIBN.RS) will start first production from Iraq's Badra oil field at 60,000 barrels a day in March, the country's oil minister said in a statement Thursday.

Romanian Nuclearelectrica Restarts Reactor After Shutdown Sunday

Πεμ, 31 Οκτωβρίου 2013 - 13:11

Romanian state-run nuclear power producer Nuclearelectrica late Wednesday restarted the first reactor at its plant in Cernavoda, which was stopped due to a command and control system malfunction four days ago, news agency Mediafax reported.

Shell Third-Quarter Profit Falls 31%

Πεμ, 31 Οκτωβρίου 2013 - 13:10

Royal Dutch Shell PLC (RDSA) Thursday reported a 31% decline in third-quarter profit, largely because of weak refining margins and increased exploration-and-production expenses.

Iran Says Nuclear Site Saboteurs Were Thieves

Τετ, 30 Οκτωβρίου 2013 - 18:43

Iranian Intelligence Minister Mahmoud Alavi said Wednesday that four people accused of sabotaging one of the country's sensitive nuclear sites were only thieves, Mehr news agency reported.

Ukraine to Sign Shale Gas Deal With Chevron - Minister

Τετ, 30 Οκτωβρίου 2013 - 18:42

Ukraine will sign a deal with Chevron Corp. (CVX) on Nov. 5 to develop shale gas in western Ukraine, a government minister said Wednesday, as the country attempts to cut its reliance on Russian gas.