English Edition

Russia May Increase Oil Extraction Tax By 5%

Τετ, 10 Απριλίου 2013 - 17:29

Russia may increase the mineral extraction tax levied on oil by 5%, Finance Minister Anton Siluanov told reporters Wednesday.

Genel Energy Confident About 2013 Kurdistan Drilling Plans

Τετ, 10 Απριλίου 2013 - 17:28

Genel Energy PLC (GENL.LN), an Anglo-Turkish oil company set up by ex-BP chief Tony Hayward and financier Nat Rothschild, Wednesday said it hopes that a large oil discovery at Chia Surkh in the Kurdistan region of Iraq could be a sign of things to come, as it has another five exploration wells planned for the region in 2013.

EU Energy Chief Says Bloc's Policies Should Focus More on Affordability

Τετ, 10 Απριλίου 2013 - 17:28

The European Union's economic problems mean it should be more flexible in the way it promotes a low-carbon economy and broaden the focus of its energy policy, beyond purely reducing greenhouse gas emissions to also ensure that energy will remain affordable, the bloc's energy chief said.

Egypt Plans Ration Cards for Fuel Next Fiscal Year-Oil Minster

Τρι, 9 Απριλίου 2013 - 17:11

Cash-strapped Egypt plans to introduce ration cards for subsidized fuel in its next fiscal year, which begins July 1, the country's oil minister said in an interview with Al Arabiya Television.

Algeria to Double Refining Capacity in 5 Years - Minister

Τρι, 9 Απριλίου 2013 - 17:11

Algeria plans to double its refining capacity in the next five years to meet growing domestic demand and expand its petrochemical industry, Energy Minister Youcef Yousfi said Tuesday.

Gazprom To Decide on Nord Stream Expansion After Yamal-Europe Study - CEO

Τρι, 9 Απριλίου 2013 - 17:11

Russia's OAO Gazprom (GAZP.RS) will decide whether to expand the Nord Stream gas pipeline to Northern Europe after it completes a feasibility study into a separate pipeline extension to Central Europe via Poland, Gazprom's Chief Executive Alexei Miller said Tuesday.

Bushehr Nuclear Plant Undamaged By Strong Iran Quake

Τρι, 9 Απριλίου 2013 - 17:10

Iran's only nuclear power plant, located in the Gulf city of Bushehr, was undamaged by a strong earthquake that hit the southern Iranian province of Bushehr Tuesday, its governor Fereydoon Hasanvand said.

Shell Reportedly Offering Stake in Czech Refinery

Τρι, 9 Απριλίου 2013 - 17:10

A unit of Royal Dutch Shell PLC (RDSB.LN) is in talks with shareholders and the Czech government over the potential sale of its 16% stake in the largest refinery in the Czech Republic, a local news website reported Tuesday citing the Czech industry minister.

Gazprom, Shell Sign Arctic Shelf Development Deal

Τρι, 9 Απριλίου 2013 - 12:51

Russia’s gas monopoly Gazprom and the Anglo-Dutch energy giant Royal Dutch Shell have signed a tentative deal to develop hydrocarbons in the Russian Arctic.

Iraqi Kurds Sell First Oil Cargo Despite Baghdad Warning

Δευ, 8 Απριλίου 2013 - 17:07

The semi-autonomous region of Kurdistan has sold the first crude oil cargo on the international market despite a warning from the central government in Baghdad, the Patriotic Union of Kurdistan, or PUK, party said on its website Saturday.

EDF, Enbridge Buy 300MW Capacity Wind Energy Project in Canada

Δευ, 8 Απριλίου 2013 - 17:06

EDF Energies Nouvelles, Electricite de France's (EDF.FR) renewable energy unit, teamed up with Canadian pipeline operator Enbridge (ENB) to buy Alberta based 300 MW Blackspring Ridge wind energy project.

Gazprom, Shell May Explore Chukchi, Pechora Seas

Δευ, 8 Απριλίου 2013 - 17:06

Russian energy giant OAO Gazprom's (GAZP.RS) oil arm and Royal Dutch Shell PLC (RDSA) may jointly develop two sections of Russia's Arctic shelf in the Chukchi and Pechora Seas, Russian Natural Resources Minister Sergei Donskoi was quoted as saying Monday.