English Edition

Crude Prices Lower After Sharp Gains on Egypt, Libya

Τρι, 9 Ιουλίου 2013 - 18:12

Crude oil futures were trading lower Tuesday, readjusting after a sharp push to 14-month highs last week amid violence in Egypt.

Fitch: SE Europe Gas Supply Risk From Gazprom Prepayment Halt

Τρι, 9 Ιουλίου 2013 - 14:05

Gazprom's decision to halt prepayment of natural gas transit fees to Naftogaz until at least 2015 creates the potential for modest supply disruptions in South East Europe this winter due to low levels of gas in Ukraine's storage facilities, Fitch Ratings says. The move is a further blow to Naftogaz, which depends on revenues from the transit of Russian gas to Europe.

South Korea's Stalled Nuclear Reactor May Restart Next Week

Δευ, 8 Ιουλίου 2013 - 18:33

South Korea may be able to restart a nuclear reactor, which was shut down Friday due to a technical malfunction, as early as next week, the state-run Korea Hydro and Nuclear Power Co. said Monday.

Egypt to Resume Natural Gas Supply to Jordan in 10 Days

Δευ, 8 Ιουλίου 2013 - 18:32

Egypt will resume natural gas supplies to Jordan within 10 days after repairing a pipeline in the Sinai Peninsula that was damaged by explosives planted by unidentified militants early Sunday.

Japan Nuclear Watchdog Receives 10 Reactor Restart Applications, Timing Remains Uncertain

Δευ, 8 Ιουλίου 2013 - 18:32

Four Japanese utilities applied Monday for permission to restart a total of 10 nuclear reactors under new safety regulations that are meant to prevent a recurrence of the 2011 Fukushima Daiichi nuclear plant disaster.

Eni Says Starts Seismic Operations with Rosneft in Barents Sea

Δευ, 8 Ιουλίου 2013 - 18:31

Eni SpA (E) has begun seismic operations with OAO Rosneft (ROSN.RS) in the Russian part of the Barents Sea, part of a venture to tap the region's vast but hard-to-recover resources.

SolarWorld Creditors' Meeting Fails to Vote on Restructuring

Δευ, 8 Ιουλίου 2013 - 18:31

German solar energy component maker SolarWorld AG (SWV.XE) said Monday a creditors' meeting failed to vote on the proposed restructuring plan, through which the heavily indebted company wants to avert insolvency, due to the lack of a quorum.

Total and Its CEO Acquitted in Iraq Oil-for-Food Corruption Case

Δευ, 8 Ιουλίου 2013 - 18:30

A French court Monday acquitted energy giant Total SA (TOT) and its chief executive of corruption and embezzlement in a case arising from the United Nations-sponsored oil-for-food program in Iraq.

Greece has Picked Two Consortiums for Oil and Natural Gas Exploration

Παρ, 5 Ιουλίου 2013 - 13:27

Greece has picked two consortia led by Energean Oil and Hellenic Petroleum to search for oil and natural gas in two blocks in the western part of the country, as cash-strapped Athens seeks to save money on energy imports.

Japan Likely to Keep July Refinery Runs Slightly Lower on Year

Πεμ, 4 Ιουλίου 2013 - 18:31

Most Japanese refiners will increase the amount of crude they will process in July versus June as many plants are coming back online after spring maintenance, oil refining industry officials said.

Snam CEO Sees Closing of TIGF Buy Earlier Than Expected

Πεμ, 4 Ιουλίου 2013 - 18:30

Snam SpA (SRG.MI), Italy's biggest natural gas grid by pipelines, Thursday said it expects to close the 2.4-billion-euro ($3.12 billion) acquisition of TIGF, a French regional gas pipeline network, earlier than expected.

Serbia's NIS Plans Seismic Survey At Romanian Tria Block

Πεμ, 4 Ιουλίου 2013 - 18:30

Serbian oil company NIS Thursday said it has commissioned Hungary's Acoustic Geophysical Services (AGS) to conduct seismic surveys at the Tria concession block in western Romania, news agency Mediafax reported.

Egypt's Mansour Is Sworn In

Πεμ, 4 Ιουλίου 2013 - 14:25

Adly Mansour, Egypt's new interim president, swore the oath of office in front of Egypt's Supreme Constitutional Court on Thursday morning, ending a whirlwind insurrection that brought millions of Egyptians onto the streets and overturned an Islamist president that only days ago had seemed immutable.

Statoil Makes Investment Decision on Oil Pipeline in North Sea

Πεμ, 4 Ιουλίου 2013 - 14:25

Norwegian oil and gas major Statoil ASA (STO) said Thursday that with its partners it has made the investment decision for a joint oil export solution for the Edvard Grieg and Ivar Aasen fields in the Norwegian North Sea.

Eni Keeps $90/Bbl Brent Crude Forecast; Sees Downward Price Trend

Πεμ, 4 Ιουλίου 2013 - 14:25

Eni SpA (E), Italy's biggest energy company by revenue, is keeping its forecast for Brent oil prices unchanged at $90 a barrel, adding that it expects the price of crude to be in a downward trend, rather than a rising one.

PGS Releases First Data Sets Ahead of Licensing Round in Greece

Πεμ, 4 Ιουλίου 2013 - 12:26

PGS has acquired 2D MultiClient data in Western and Southern offshore Greece for the Hellenic Republic Ministry of Environment, Energy and Climate Change (www.ypeka.gr) and the first fast-track datasets are now available. Seismic data including marine gravity and magnetic data can be obtained by contacting the PGS MultiClient team at [email protected].