English Edition

About 1,000 Electricity Connections are Cut Every Day in Greece

Δευ, 8 Απριλίου 2013 - 12:34

About 1,000 electricity connections are cut every day in Greece as Public Power Corporation customers are increasingly unable to pay their power bills on time, while accumulated debts to the country’s electricity giant stood at more than 1.3 billion euros at the end of 2012.

Romania Power Output Falls 7.1% on Year in Jan-Feb

Παρ, 5 Απριλίου 2013 - 18:45

Romanian energy output fell in the first two months of the year, hit by falling production in the thermal and nuclear power sectors, news agency Mediafax reports Friday, citing official data.

Total Sells Gas Pipe Network To Snam, EDF, Singapore Fund

Παρ, 5 Απριλίου 2013 - 18:44

French oil company Total SA (TOT) said Friday it has signed a final agreement to sell TIGF, a regional gas pipeline network, to a group comprising Italy's Snam (SRG.MI), GIC, a Singaporean sovereign fund, and French state-controlled power utility Electricite de France SA (EDF.FR).

Gazprom Says It Signed Agreement To Build Gas Pipeline To EU

Παρ, 5 Απριλίου 2013 - 18:44

Russian gas giant OAO Gazprom said Friday it had signed an agreement to build a gas pipeline to the Europe Union that would reduce flows through Ukraine. But Polish officials cast doubt on the deal, saying no construction had been agreed and accused Gazprom of using gas as a political tool.

IENE’s Colloquium on «The Critical Choices for RES Investments in Greece» Called for Immediate Action to Save the Market from Bankruptcy

Παρ, 5 Απριλίου 2013 - 18:28

IENE’s Colloquium on “The Critical Choices for RES Investments in Greece” that took place yesterday afternoon, April 4, , at the Athens Chamber of Commerce and Industry (ACCI) highlighted the critical condition of market operation in the Greek RES sector, as well as the responsibility of all government and regulatory authorities and organizations involved

Algeria Confident of Security at Oil, Gas Fields

Πεμ, 4 Απριλίου 2013 - 21:40

Algeria is confident in its security situation following January's attack by Islamic militants on its In Amenas gas field, said Ali Hached, adviser to Algeria's Minister of Energy, on the sidelines of a conference Thursday. "People are coming back to Algeria," he said, adding that the country has intensified security measures for its oil and gas fields

OPEC Has No Plans to Announce Individual Quotas at May Meeting

Πεμ, 4 Απριλίου 2013 - 21:36

The Organization of the Petroleum Exporting Countries isn't likely to discuss individual countries' production quotas at its upcoming meeting in Vienna in May, OPEC Secretary General Abdullah el-Badri said on the sidelines of a conference Thursday

OMV Petrom:Exploration Expenditures In Black Sea Expected To Be About $1B

Πεμ, 4 Απριλίου 2013 - 21:33

The Romanian subsidiary of Austrian oil and gas company OMV AG (OMV.VI) and ExxonMobil Exploration and Production Romania Limited expect to invest up to $1 billion in the exploration program of a deep sector of the Black Sea offshore from Romania, OMV Petrom S.A. (SNP.RO) said Thursday

Today’s IENE Colloquium to Focus on “The Critical Choices for RES Investments in Greece”

Πεμ, 4 Απριλίου 2013 - 12:20

An IENE- organized Colloquium on “The Critical Choices for RES Investments in Greece” is taking place later today, April 4, 2013 (17.00 - 21.00), at the Athens Chamber of Commerce and Industry (ACCI) (7, Akadimias Str., Athens). This IENE Colloquium, which is being held under the auspices of ACCI, focuses on the most urgent problems of market operation in the Greek RES sector. RES’s latest development and prospects will be examined under the light of EU strategy on RES and the energy efficiency targets for 2020, as well as the application of low carbon technologies

Rosneft, Exxon Mobil Agree On Joint Bid For Lebanese Shelf

Τετ, 3 Απριλίου 2013 - 17:50

OAO Rosneft (ROSN.RS) has reached an agreement with Exxon Mobil Corp. (XOM) to launch a joint bid for Lebanese offshore projects, the chief executive of the Russian state-run oil giant said Wednesday, according to Russian media reports.

Statoil CFO: Norway Needs New Giant Oil Find Every Other Year

Τετ, 3 Απριλίου 2013 - 17:49

Norway needs to make a new giant oil and gas discovery every other year for the next decade to offset falling production, Statoil ASA's (STO) Chief Financial Officer Torgrim Reitan told Dow Jones Newswires Wednesday.

Gazprom Head Says CNPC Gas Talks No Longer Held Up by Price

Τετ, 3 Απριλίου 2013 - 17:49

The head of Russia's state-run gas company OAO Gazprom (GAZP.RS) said Wednesday negotiations with the China National Petroleum Corp. over a 30-year natural gas supply deal were no longer being held up by disagreements on price and that a deal could be reached this year.