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After Chavez, a Question of His Countrys Oil

After Chavez, a Question of His Country's Oil

Τετ, 6 Μαρτίου 2013 - 15:43

Some of the most significant ramifications of the death of Hugo Chavez for the U.S., both short-term and long-term, may have little to do with the late ruler's politics and more to do with his country's oil.

Eni To Stay In Venezuela Post Chavez –Bernstein

Eni To Stay In Venezuela Post Chavez –Bernstein

Τετ, 6 Μαρτίου 2013 - 15:39

BernsteinResearch expects Eni (E) to continue operating in Venezuela following the death of President Hugo Chavez as the Latin American country requires its investment and expertise to tap into the vast hydrocarbon reserves.

EU Confirms Started Registering China Solar Panels, Components

EU Confirms Started Registering China Solar Panels, Components

Τρι, 5 Μαρτίου 2013 - 17:48

The European Commission confirmed it had asked national authorities Tuesday to start registering Chinese solar panels and their main components but said this had no bearing on the anti-dumping investigation.

Saudi Aramco Lowers April OSPs to Mediterranean, Europe

Saudi Aramco Lowers April OSPs to Mediterranean, Europe

Τρι, 5 Μαρτίου 2013 - 17:47

State-owned Saudi Arabian Oil Co., known as Aramco, cut the official selling price for its April crude oil term supply to northwest Europe and the Mediterranean, it said in an official notice Tuesday.

Iraq Feb Oil Exports Rose by 7.5% on Month to 2.536 Million B/D

Iraq Feb Oil Exports Rose by 7.5% on Month to 2.536 Million B/D

Δευ, 4 Μαρτίου 2013 - 18:06

Iraq's crude oil exports in February rose by 7.5%, to 2.536 million barrels a day on month, compared with 2.359 million barrels a day in January, according to people familiar with the State Oil Marketing Organization, or SOMO.

BP CEO Dudley Named as Candidate for Rosneft Board by Russian Govt

BP CEO Dudley Named as Candidate for Rosneft Board by Russian Govt

Δευ, 4 Μαρτίου 2013 - 18:06

BP PLC (BP) Chief Executive Bob Dudley has been named as a candidate for the board of directors of oil giant Rosneft (ROSN.RS) by the Russian government, and will vote on major company issues according to government directives if the nomination is confirmed by shareholders later in the year, a government spokeswoman said Monday.

Nabucco Gas Pipeline Project Signs Deal with Tanap

Nabucco Gas Pipeline Project Signs Deal with Tanap

Δευ, 4 Μαρτίου 2013 - 18:06

The consortium planning the Nabucco pipeline said Monday it has signed an agreement with Tanap, the other planned pipeline, that would feed it with Caspian natural gas, in an effort to increase technical and strategic cooperation.

Obama To Announce Picks for EPA, Energy Dept.

Obama To Announce Picks for EPA, Energy Dept.

Δευ, 4 Μαρτίου 2013 - 18:04

President Barack Obama is expected to announce Monday his picks to lead the Environmental Protection Agency and the Energy Department, selecting a veteran regulator and a noted academic to lead a pair of agencies responsible for driving U.S. energy policies.

Bulgaria: Electricity Prices to be Cut by Less than 8.0%

Bulgaria: Electricity Prices to be Cut by Less than 8.0%

Παρ, 1 Μαρτίου 2013 - 19:39

Electricity prices in Bulgaria will be reduced by less than 8.0%, the head of the energy regulator, Yuliana Ivanova, told reporters.The exact date from which the price cut will become effective has not been determined yet, daily Dnevnik reported

Kremlin Plays Down Chance of Imminent Gas Deal with Ukraine

Kremlin Plays Down Chance of Imminent Gas Deal with Ukraine

Παρ, 1 Μαρτίου 2013 - 19:28

The Kremlin Friday played down the chances of an imminent new gas deal with Ukraine after saying that Russian President Vladimir Putin will meet his Ukrainian counterpart Viktor Yanukovych in Moscow next week. A spokesman for Mr. Putin said there would be no deals to sign following Monday's meeting, that was originally planned for December. Those talks were cancelled at the last minute, with both sides saying they needed to finalize documents

Russia Proposes BP CEO Dudley for Seat on Rosneft Board

Russia Proposes BP CEO Dudley for Seat on Rosneft Board

Παρ, 1 Μαρτίου 2013 - 19:26

Russia has proposed that BP PLC (BP) Chief Executive Bob Dudley join the board of directors of state-controlled oil giant OAO Rosneft (ROSN.RS), in which BP is raising its stake to nearly 20%, according to a government website Friday

EIA: U.S. 2012 Crude-Oil Imports Down 5% to 15-Year Low

EIA: U.S. 2012 Crude-Oil Imports Down 5% to 15-Year Low

Πεμ, 28 Φεβρουαρίου 2013 - 18:49

U.S. crude oil imports fell 5% in 2012 to a 15-year low of 8.492 million barrels a day, data released Wednesday by the U.S. Energy Information Administration show. The drop of 443,000 barrels a day was the biggest since 2009 and put imports at more than 16%, or 1.6 million barrels a day, below the peak hit in 2005. The drop in imports follows a 3%, or 278,000-barrel-a-day, decline in 2011 and comes as U.S. domestic oil output has surged