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Japan Set To Invest In African Resources

Japan Set To Invest In African Resources

Δευ, 20 Μαΐου 2013 - 17:24

Japan is pledging $2 billion for energy and mineral projects in Africa, capping a conference with government resource officials from across the continent as it seeks to catch up with years of Chinese investment.

Egypt Appoints New CEO for State-Owned Oil Firm

Egypt Appoints New CEO for State-Owned Oil Firm

Δευ, 20 Μαΐου 2013 - 17:23

Egypt's oil ministry Monday named Tarek El-Barkatawy chief executive of state-owned Egyptian General Petroleum Corp., or EGPC, at a time when the country is facing a severe fuel shortage and needs to negotiate favorable rates with oil producers.

Algeria Plans to Build First Nuclear Plant by 2025

Algeria Plans to Build First Nuclear Plant by 2025

Δευ, 20 Μαΐου 2013 - 17:23

Algeria plans to build its first nuclear power plant by 2025 in a bid to diversify its energy resources and meet soaring demand for electricity, the country's Energy and Mines Minister Youcef Yousfi said in remarks published Monday.

Trans Adriatic Pipeline Secures Third Party Access Exemption

Trans Adriatic Pipeline Secures Third Party Access Exemption

Παρ, 17 Μαΐου 2013 - 18:01

Following the approval from th e relevant regulatory authorities in Italy, Greece and Albania, the European Commission has formally approved the Trans Adriatic Pipeline’s (TAP) application for Third Party Access (TPA) exemption for the initial capacity of 10bcm.

GDF Suezs Belgian Unit to Restart Nuclear Reactors

GDF Suez's Belgian Unit to Restart Nuclear Reactors

Παρ, 17 Μαΐου 2013 - 17:57

Electrabel, a Belgian power utility controlled by French group GDF Suez (GSZ.FR), is preparing to restart two nuclear reactors shut since last summer after the country's regulator Friday authorized their reopening.

Shippers Keen on Booking Nabucco West Capacity

Shippers Keen on Booking Nabucco West Capacity

Παρ, 17 Μαΐου 2013 - 14:11

Shippers have shown keen interest in registration and capacity booking in the Nabucco West pipeline during the first week of the Open Season process, Nabucco Gas Pipeline International (NIC) said on Thursday.

Israel Appears to Have More Natural Gas

Israel Appears to Have More Natural Gas

Πεμ, 16 Μαΐου 2013 - 17:49

Operators of two large Israeli natural gas fields said Thursday that another offshore field under exploration shows promise.

Iraq Resumes Crude Oil Exports from Northern Kirkuk - Shippers

Iraq Resumes Crude Oil Exports from Northern Kirkuk - Shippers

Πεμ, 16 Μαΐου 2013 - 17:49

Exports from Iraq's northern Kirkuk oil fields to the Mediterranean port of Ceyhan in Turkey have resumed after three-day outage caused by a bomb attack against a key pipeline, two Middle East shipping agents said Thursday.

Glencore Xstrata Appoints Former BP CEO Hayward As Interim Chairman

Glencore Xstrata Appoints Former BP CEO Hayward As Interim Chairman

Πεμ, 16 Μαΐου 2013 - 17:49

Glencore Xstrata PLC (GLEN.LN) has appointed the former BP PLC (BP) chief executive Tony Hayward as its interim chairman after shareholders voted against the election of Sir John Bond as chairman, a person familiar with the matter said Thursday.

Greece To Sell 30% of Power Utility PPC

Greece To Sell 30% of Power Utility PPC

Πεμ, 16 Μαΐου 2013 - 13:48

Greece will sell about a third of the production capacity of power utility PPC to a private competitor in two years, Reuters reported.

Romanias Transelectrica Net Profit Doubles in 1Q to RON92M -Mediafax

Romania's Transelectrica Net Profit Doubles in 1Q to RON92M -Mediafax

Τετ, 15 Μαΐου 2013 - 17:32

Romanian power grid operator Transelectrica (TEL.RO) Wednesday reported a first-quarter net profit of 91.75 million lei ($6.26 million), more than double compared with RON45 million in the same period of 2012, news agency Mediafax reported.