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Plan to Double Prinos Oil Output

Plan to Double Prinos Oil Output

Energean Oil is beginning its new drilling program at the Prinos oil field in the northern Aegean on Wednesday, aiming to double its output from the reserve through four new oil wells.

Akkuyu Nuclear Plant EIA Submitted to Ministry

Akkuyu Nuclear Plant EIA Submitted to Ministry

An environmental impact assessment (EIA) prepared by Akkuyu NPP JSC, which is the general customer and investor of the Akkuyu nuclear power plant, was submitted to the Ministry of Environment and Urban Planning on Tuesday for review.

Russia To Liberalize LNG Exports in Early 2014

Russia To Liberalize LNG Exports in Early 2014

Russia will liberalize exports of liquefied natural gas at the beginning of next year, bringing to an end the monopoly of gas giant OAO Gazprom (GAZP.RS), the energy minister said in an interview with Kommersant daily published Tuesday.

Fitch: SE Europe Gas Supply Risk From Gazprom Prepayment Halt

Fitch: SE Europe Gas Supply Risk From Gazprom Prepayment Halt

Gazprom's decision to halt prepayment of natural gas transit fees to Naftogaz until at least 2015 creates the potential for modest supply disruptions in South East Europe this winter due to low levels of gas in Ukraine's storage facilities, Fitch Ratings says. The move is a further blow to Naftogaz, which depends on revenues from the transit of Russian gas to Europe.

South Koreas Stalled Nuclear Reactor May Restart Next Week

South Korea's Stalled Nuclear Reactor May Restart Next Week

South Korea may be able to restart a nuclear reactor, which was shut down Friday due to a technical malfunction, as early as next week, the state-run Korea Hydro and Nuclear Power Co. said Monday.

Egypt to Resume Natural Gas Supply to Jordan in 10 Days

Egypt to Resume Natural Gas Supply to Jordan in 10 Days

Egypt will resume natural gas supplies to Jordan within 10 days after repairing a pipeline in the Sinai Peninsula that was damaged by explosives planted by unidentified militants early Sunday.

SolarWorld Creditors Meeting Fails to Vote on Restructuring

SolarWorld Creditors' Meeting Fails to Vote on Restructuring

German solar energy component maker SolarWorld AG (SWV.XE) said Monday a creditors' meeting failed to vote on the proposed restructuring plan, through which the heavily indebted company wants to avert insolvency, due to the lack of a quorum.

Snam CEO Sees Closing of TIGF Buy Earlier Than Expected

Snam CEO Sees Closing of TIGF Buy Earlier Than Expected

Snam SpA (SRG.MI), Italy's biggest natural gas grid by pipelines, Thursday said it expects to close the 2.4-billion-euro ($3.12 billion) acquisition of TIGF, a French regional gas pipeline network, earlier than expected.

Serbias NIS Plans Seismic Survey At Romanian Tria Block

Serbia's NIS Plans Seismic Survey At Romanian Tria Block

Serbian oil company NIS Thursday said it has commissioned Hungary's Acoustic Geophysical Services (AGS) to conduct seismic surveys at the Tria concession block in western Romania, news agency Mediafax reported.