OPEC Says Global Oil Demand to Pick Up Pace Next Year; Warns of Political Risk Τετ, 10 Ιουλίου 2013 - 18:38 OPEC said Wednesday global oil demand will pick up pace next year and rise by about 1 million barrels a day, but it warned of political risk to supply going forward.
BP, SOCAR, Total to Buy a 50% Stake in TAP Τετ, 10 Ιουλίου 2013 - 18:38 Oil giant BP (BP), Azerbaijan's state energy company, SOCAR, and French Total S.A. (TOT) will buy a total of 50% in Trans-Adriatic Pipeline, or TAP, officials at SOCAR said Wednesday.
Nuclear Talks Between UK and EDF to Last Until End of 2013 Τετ, 10 Ιουλίου 2013 - 18:37 Talks between the British government and power giant Electricite de France SA (EDF.FR) over the potential building of new nuclear reactors in the U.K. are expected to last until the end of the year, well past the initial deadline of the end of 2012, several people close to the discussions said.
Plan to Double Prinos Oil Output Τετ, 10 Ιουλίου 2013 - 15:07 Energean Oil is beginning its new drilling program at the Prinos oil field in the northern Aegean on Wednesday, aiming to double its output from the reserve through four new oil wells.
Akkuyu Nuclear Plant EIA Submitted to Ministry Τετ, 10 Ιουλίου 2013 - 13:14 An environmental impact assessment (EIA) prepared by Akkuyu NPP JSC, which is the general customer and investor of the Akkuyu nuclear power plant, was submitted to the Ministry of Environment and Urban Planning on Tuesday for review.
Russia To Liberalize LNG Exports in Early 2014 Τρι, 9 Ιουλίου 2013 - 18:12 Russia will liberalize exports of liquefied natural gas at the beginning of next year, bringing to an end the monopoly of gas giant OAO Gazprom (GAZP.RS), the energy minister said in an interview with Kommersant daily published Tuesday.
OMV: Libyan Production Shut-In Since June 25 Τρι, 9 Ιουλίου 2013 - 18:12 The Austrian oil and gas company OMV AG (OMV.VI) said Tuesday most of its production in Libya has been shut-in since June 25, 2013.
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.