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Romania OMV Petrom 2012 Profit Up 5%

Romania OMV Petrom 2012 Profit Up 5%

Πεμ, 21 Φεβρουαρίου 2013 - 17:05

Romania's leading oil company OMV Petrom (SNP.RO) Thursday said its net profit rose 5% to a record 3.946 billion lei ($1.2 billion) in 2012, fueled by higher crude oil prices and lower production costs, news agency Mediafax reports.

Israel Authorizes Oil Drilling on Occupied Golan

Israel Authorizes Oil Drilling on Occupied Golan

Πεμ, 21 Φεβρουαρίου 2013 - 17:04

Israel has authorized drilling for oil on the occupied Golan Heights in a move likely to draw international protest, local media reported Thursday.

Gazprom Takes Final Investment Decision on Vladivostok LNG

Gazprom Takes Final Investment Decision on Vladivostok LNG

Πεμ, 21 Φεβρουαρίου 2013 - 17:04

Russian state gas giant OAO Gazprom (GAZP.RS) has finalized investment terms for a gas liquefaction on its Pacific coast as it seeks to boost shipments to Asia amid falling demand and regulatory strife in its most lucrative European market.

Japan LNG Imports Peak on Receiving-Capacity Bottleneck

Japan LNG Imports Peak on Receiving-Capacity Bottleneck

Τετ, 20 Φεβρουαρίου 2013 - 17:20

Japan's imports of liquefied natural gas may have peaked as its LNG-receiving terminals are operating at full capacity to meet rising demand for the clean-burning fossil fuel, while most of the country's nuclear power plants remain offline, data from the government showed Wednesday.

Shell Australia Head Says No Rush to Expand Gorgon LNG Project

Shell Australia Head Says No Rush to Expand Gorgon LNG Project

Τετ, 20 Φεβρουαρίου 2013 - 17:19

Royal Dutch Shell PLC's (RDSA) top Australian executive said Wednesday that she is in no rush to commit to an expansion of Chevron Corp.'s (CVX) giant Gorgon gas export project that only months ago suffered a cost blowout in its first stage.

ReneSola PV Module Installations Top 100 MW in Greece

ReneSola PV Module Installations Top 100 MW in Greece

Τετ, 20 Φεβρουαρίου 2013 - 17:19

ReneSola Ltd ("ReneSola" or the "Company") (NYSE: SOL), a leading global manufacturer of solar photovoltaic ("PV") modules and wafers, today announced that a total of more than 100 MW of the Company's PV modules have been distributed, installed, and connected to the grid in Greece since November of 2011.

Israeli Tamar Gas Partner Secures Loan

Israeli Tamar Gas Partner Secures Loan

Τετ, 20 Φεβρουαρίου 2013 - 17:19

Isramco Negev 2 Ltd. Partnership (ISRA.L.TV), a partner in Israel's large offshore Tamar natural gas field, said Wednesday it has agreed to a $500 million loan from Deutsche Bank AG (DB).

Brent Crude in $100-130/bbl Range Through 2015 -BofA

Brent Crude in $100-130/bbl Range Through 2015 -BofA

Τρι, 19 Φεβρουαρίου 2013 - 17:04

Brent crude oil prices will stay in the $100-130/bbl range on average through 2015 while rising shale gas output in the U.S. creates a risk of $50/bbl for Nymex crude in the next 18-24 months, analysts at BofA Merrill Lynch say in a note.

UK Government to Offer Nuclear Reactor Deal Until 2050

UK Government to Offer Nuclear Reactor Deal Until 2050

Τρι, 19 Φεβρουαρίου 2013 - 17:04

The government is launching a last-ditch attempt to sign up energy companies to build new nuclear power stations by proposing to sign contracts guaranteeing subsidies for up to 40 years, London's Guardian newspaper reports, without citing its sources.

BP: To Fight US Government Over Size Of Oil Spill Fine

BP: To Fight US Government Over Size Of Oil Spill Fine

Τρι, 19 Φεβρουαρίου 2013 - 17:03

U.K.-listed oil and gas giant BP PLC (BP) said Tuesday it will defend itself vigorously in court next week against claims from the U.S. government for fines related to the Deepwater Horizon oil spill, which the company described as "excessive and not based on reality."

EU CO2 Prices Seen Weak After Committee Backs Delay

EU CO2 Prices Seen Weak After Committee Backs Delay

Τρι, 19 Φεβρουαρίου 2013 - 17:03

Prices for greenhouse gas emissions in Europe look set to remain weak through next week as a committee of the European Parliament Tuesday postponed a decision on how to move forward on a plan to boost carbon prices, according to traders.