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Saudi Aramco Says Midyan Gas Field on Track

Saudi Aramco Says Midyan Gas Field on Track

Δευ, 2 Σεπτεμβρίου 2013 - 17:43

State-owned oil major Saudi Arabian Oil Co., or Saudi Aramco, said that the construction of its Midyan gas field in the kingdom's northwest is going steadily and on track, as part of its broader strategy to increase gas output to meet growing domestic demand.

Eni Says Output at Zubair Field in Iraq at 320,000 B/D

Eni Says Output at Zubair Field in Iraq at 320,000 B/D

Δευ, 2 Σεπτεμβρίου 2013 - 17:42

Eni SpA (E), Italy's biggest energy company by market value, said Monday daily output at one of Iraq's biggest oil fields on which it is the lead contractor is at 320,000 barrels.

Lukoil 2Q Net Profit Doubles after Tax Hit Last Year

Lukoil 2Q Net Profit Doubles after Tax Hit Last Year

Παρ, 30 Αυγούστου 2013 - 17:44

OAO Lukoil Holdings (LKOH.RS), Russia's second crude oil producer, said Friday that its second-quarter net profit more than doubled compared with the corresponding period last year, when it was hit by a large income tax expense.

GEK TERNA: Increased Sales and Losses at 1H

GEK TERNA: Increased Sales and Losses at 1H

Παρ, 30 Αυγούστου 2013 - 17:28

Based on the financial statements of 30/06/2013, which were prepared in accordance with the International Financial Reporting Standards, the 1st half results of 2013 for the GEK TERNA Group are as follows:

Japan Studies Plan to Contain Radioactive Water

Japan Studies Plan to Contain Radioactive Water

Πεμ, 29 Αυγούστου 2013 - 17:39

Japan is considering a novel approach to stem the spread of radioactive water at the crippled Fukushima Daiichi nuclear plant: installing a subterranean ring of ice.

Saudi Aramco Inks Deals for Cogeneration Power Plants

Saudi Aramco Inks Deals for Cogeneration Power Plants

Πεμ, 29 Αυγούστου 2013 - 17:39

State-oil giant Saudi Arabian Oil Co., known as Saudi Aramco, has signed three new energy conversion agreements with a Japanese-Saudi consortium to build and operate cogeneration power plants in the kingdom, in a bid to become more energy efficient throughout its operations.

Greeces PPC Profit Jumps on Hydro Production

Greece's PPC Profit Jumps on Hydro Production

Πεμ, 29 Αυγούστου 2013 - 17:38

Greek state-controlled utility Public Power Corp. SA (PPC.AT) Thursday posted a sharp jump in first-half profit thanks in part to increased electricity production from its hydropower plants.

OMV Finds Gas, Condensate In Pakistan

OMV Finds Gas, Condensate In Pakistan

Πεμ, 29 Αυγούστου 2013 - 17:38

Austrian oil and gas company OMV AG (OMV.VI) said Thursday gas and condensate has been discovered in the Sofiya-2 exploration well in the Mehar exploration license in Pakistan.

Chevron Nigeria Withdraws From Olokola LNG Project

Chevron Nigeria Withdraws From Olokola LNG Project

Πεμ, 29 Αυγούστου 2013 - 17:37

Chevron Nigeria Ltd. has withdrawn from the Olokola liquefied natural gas project intended to exploit Nigeria's vast gas reserves after it failed to become operational.

Greeces Tender for Oil Exploration Concessions Expected in 2014

Greece's Tender for Oil Exploration Concessions Expected in 2014

Πεμ, 29 Αυγούστου 2013 - 12:28

The tender for the new rounds of oil exploration concessions off Crete and west of mainland Greece will be issued in the first half of 2014, Energy Minister Yiannis Maniatis told President Karolos Papoulias on Wednesday.

Saudis Offered Russia Secret Oil Deal Over Syria

Saudis Offered Russia Secret Oil Deal Over Syria

Τετ, 28 Αυγούστου 2013 - 18:02

Saudi Arabia has secretly offered Russia a sweeping deal to control oil prices and safeguard Russia's gas contracts, if the Kremlin backs away from the Assad regime in Syria, the U.K. newspaper The Daily Telegraph reported Wednesday.