English Edition

Greece Privatisation Boss Stelios Stavridis Dismissed

Δευ, 19 Αυγούστου 2013 - 09:03

Finance Minister Yannis Stournaras called for Stelios Stavridis to resign following a report that he had travelled on a plane belonging to a businessman who bought gambling firm Opap from the state.

OPEC Oil Shipments to Fall 190,000 B/D in 4 Weeks to Aug 31

Παρ, 16 Αυγούστου 2013 - 15:54

Seaborne oil shipments from the Organization of the Petroleum Exporting Countries will fall by 190,000 barrels a day in the four weeks to Aug. 31, compared with the previous four-week period, U.K.-based tanker tracker Oil Movements said Thursday.

Egypt Turmoil Fuels Asset Sales, Rise in Oil Prices

Παρ, 16 Αυγούστου 2013 - 15:54

Egyptian assets sold off and oil prices rose Thursday after violence escalated in Cairo and political turmoil gripped the country.

Chinese Exchanges Launch Oil Product Trading Platforms -Xinhua

Παρ, 16 Αυγούστου 2013 - 15:53

Petroleum exchanges in three Chinese provinces have launched electronic trading platforms for oil products and the Beijing Petroleum Exchange plans to launch its platform by end-November, Xinhua news agency said in its fortnightly oil report published late Thursday.

Ecuador to Drill for Oil in National Park -President

Παρ, 16 Αυγούστου 2013 - 15:53

"The world has failed" Equador and it will now start drilling for oil in the Tambococha-Tiputini area, President Rafael Correa said late on Thursday.

Libya Threatens to Bomb Ships Seeking to Load Black Market Oil

Παρ, 16 Αυγούστου 2013 - 15:52

Libya has accused striking guards who have seized oil export terminals of trying to make shipments for their own profit and threatened military action against any unauthorized vessel that docks.

Glencore Xstrata First Half Output Broadly Higher Across Commodities

Τετ, 14 Αυγούστου 2013 - 14:53

Commodities titan Glencore Xstrata PLC (GLEN.LN) Wednesday reported largely higher output across most of its commodities during the first half of this year.

Uganda Sees Its Firsts Oil Refinery on Stream by 2018

Τετ, 14 Αυγούστου 2013 - 14:53

The Ugandan government said Wednesday that the construction of its first oil refinery will come on stream by 2018 as the East African nation continues to develop its nascent oil sector, the energy and minerals ministry said Wednesday.

Norway Oil Output Rebounds in July, Highest since Last May

Τετ, 14 Αυγούστου 2013 - 14:53

Norway's crude oil output rose 6.4% on the year in July, and was the highest since May 2012, as several fields performed well, the Norwegian Petroleum Directorate said Wednesday.

RWE Raises Nuclear Provisions on Changed Atomic Waste Storage Law

Τετ, 14 Αυγούστου 2013 - 14:52

Utility RWE AG (RWE.XE) said Wednesday it increased provisions for its nuclear power business in the second quarter of 2013, reflecting a recent change to legislation in its German home market over the search and selection of a final storage facility for radioactive waste.

Santorini Electricity Problem Gradually Improving, Says Mayor

Τετ, 14 Αυγούστου 2013 - 14:52

The Greek island of Santorini was gradually regaining access to electricity after a 24-hour blackout, its mayor said Wednesday.

BP Sues EPA for Refusal to Lift Prohibition on Potential Govt Contracts

Τρι, 13 Αυγούστου 2013 - 13:29

BP PLC (BP) has sued the U.S. Environmental Protection Agency, saying the agency is abusing its discretion by continuing to bar the company from new government contracts following guilty pleas related to the 2010 Gulf of Mexico oil spill.

Gazprom Buys 90% of Moscow Integrated Power

Τρι, 13 Αυγούστου 2013 - 13:29

Russian state gas firm OAO Gazprom's (GAZP.RS) power-generating arm won an auction to acquire an 89.9% stake in Moscow Integrated Power Co. (MOEK.RS) for 98.6 billion rubles ($2.99 billion), Russian newswires reported Tuesday.