Ofgem Announces New Rules To Encourage Transparency, More Competition in UK Electricity Τετ, 12 Ιουνίου 2013 - 13:13 The U.K. power regulator Wednesday announced new rules to encourage more competition and transparency in electricity markets and break the "stranglehold" that the six biggest firms currently have over pricing and retail.
Protests Cost Libya 250,000 B/D of Lost Output - Oil Minister Τρι, 11 Ιουνίου 2013 - 14:25 Protests are costing Libya 250,000 barrels a day of lost output--over 15% of its production capacity, the country's oil minister was quoted as saying Monday.
EU: Didn't Influence Greek Depa Sale Process Τρι, 11 Ιουνίου 2013 - 14:25 The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid for Greece's natural-gas monopoly Depa, a European Union spokesman said Tuesday.
OPEC Says Delayed Economic Recovery Could Put Oil Market Balance at Risk Τρι, 11 Ιουνίου 2013 - 14:25 Any slowdown in the economic recovery may upset an expected balance in the oil market for the second half of this year, OPEC said in a report Tuesday as it slightly downgraded its global oil-demand growth views.
EU: Greek Gas Privatization Program Should Restart as Soon as Possible Τρι, 11 Ιουνίου 2013 - 14:24 Greece should resume its attempts to sell natural-gas monopoly Depa as soon as possible, the European Commission said Tuesday.
Turkey Plans 3,500 MW Thermal Power Plant Τρι, 11 Ιουνίου 2013 - 11:41 Turkey plans to establish a 3,500-megawatt (MW) thermal power plant with a $5 billion investment in the western province of Afyon, which possesses 950 million tons of lignite, the energy minister said yesterday.
IEA To Focus on Climate Change at November Meeting Δευ, 10 Ιουνίου 2013 - 18:30 Climate change will be a key topic of discussion at the International Energy Agency's biannual ministerial meeting in Paris in November, an official from the organisation said Monday.
Qatar Raises Stake in France's Total to 4.8% Δευ, 10 Ιουνίου 2013 - 18:30 Qatari investors have upped their stake in Total SA (TOT) to 4.8%, said news website Wansquare Monday, citing people close to the French oil giant.
German Govt Softens Line on Stricter EU Emission Limits Δευ, 10 Ιουνίου 2013 - 18:29 The German government has submitted a compromise proposal in an attempt to resolve a dispute with the European Parliament by the end of the month on stricter emission limits for carmakers, according to a person close to the matter.
UK Energy Minister, Russia Deputy PM Discuss UK-Russia Energy Cooperation Δευ, 10 Ιουνίου 2013 - 18:29 U.K. Energy and Climate Change Secretary said he met Russian deputy Prime Minister Arkady Dvorkovich and Igor Sechin, the head of Russian state-controlled oil giant OAO Rosneft (ROSN.RS), in which BP PLC (BP.LN) holds a 19.75% stake, in London earlier Monday to discuss U.K.-Russian energy cooperation.
Gazprom Spurns Depa Over Finance Fears Δευ, 10 Ιουνίου 2013 - 18:28 Russian gas giant Gazprom (GAZP.RS) didn't bid for Greece's natural gas company Depa for fear that its finances would deteriorate before the deal closed, a process that Gazprom said could take up to a year.
Qatar To Give Egypt 5 Free LNG Cargoes This Summer -Egyptian Ministry Δευ, 10 Ιουνίου 2013 - 18:28 Gas-rich Qatar will supply cash-strapped Egypt with free five shipments of liquefied natural gas to help the country with its soaring fuel demand over the peak summer period, the Egyptian Petroleum Ministry said Monday.
Gazprom Withdraws Interest for Greek Gas Firm DEPA on Deadline Day, Say Reports Δευ, 10 Ιουνίου 2013 - 14:05 Russian energy giant Gazprom did not submitt a binding offer for Greek natural gas firm DEPA before Monday’s deadline, reports said.
Verbund Brings Online Half of 225 MW Wind Park in Romania Δευ, 10 Ιουνίου 2013 - 13:44 Austrian energy group Verbund said it has brought on stream half of the turbines of a 225 megawatt (MW) wind farm located in Casimcea, southeastern Romania.
Significant Price Reduction, in Greece, for PV Feed in Tariffs After February 1 Δευ, 10 Ιουνίου 2013 - 13:09 The Greek Ministry of Environment, Energy and Climate Change (YPEKA) has published a new Feed-in Tariff scheme for PV installations that took effect on 1 June 2013.The new FiTs will apply retroactively to all PV systems installed since 1 February 2013; the over 40% tariff reduction has been signed off both for ground-mounted and roof installations.
OPEC Oil Shipments to Fall 230,000 B/D in 4 Weeks to June 22 Παρ, 7 Ιουνίου 2013 - 18:46 Seaborne oil shipments from the Organization of the Petroleum Exporting Countries will fall by 230,000 barrels a day in the four weeks to June 22, compared with the previous four-week period, U.K.-based tanker tracker Oil Movements said Thursday.