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Algeria Gas Pipeline Attack Kills 2 Guards: Witnesses

Algeria Gas Pipeline Attack Kills 2 Guards: Witnesses

Δευ, 28 Ιανουαρίου 2013 - 17:33

Two security guards protecting a gas pipeline have been killed and seven others wounded in an attack by Islamists southeast of the Algerian capital, local residents said on Monday.

Total Says Korean JV Buying Iran Crude Complies With Law

Total Says Korean JV Buying Iran Crude Complies With Law

Δευ, 28 Ιανουαρίου 2013 - 17:33

French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture with South Korea's Samsung Group, has resumed buying crude oil from Iran, but insisted it was complying with all international sanctions.

Turkey and Shell to Explore Hydrocarbons in Black Sea

Turkey and Shell to Explore Hydrocarbons in Black Sea

Δευ, 28 Ιανουαρίου 2013 - 12:30

Turkey’s state-run oil researcher TPAO prepares to search for oil in the Black Sea with the Anglo-Dutch Shell, after failed attempts by international energy companies, according to sources. The ministerial sources said TPAO and the Holland-United Kingdom-based Shell have been in contact for an oil exploration partnership in the Black Sea.

Pyongyang Plans Nuclear Detonation

Pyongyang Plans Nuclear Detonation

Παρ, 25 Ιανουαρίου 2013 - 18:17

North Korea made its most explicit statement yet that it plans to detonate another nuclear device -- its third -- in the near future, in what it said was "a new phase of the anti-U.S. struggle."

Libya Says No Word On Western Evacuations

Libya Says No Word On Western Evacuations

Παρ, 25 Ιανουαρίου 2013 - 18:17

Libya said Friday it has yet to be informed by any Western country of their intention to evacuate citizens after several states issued security alerts for their citizens to leave the second city of Benghazi.

Two Missing Statoil Employees in Algeria Found Dead

Two Missing Statoil Employees in Algeria Found Dead

Παρ, 25 Ιανουαρίου 2013 - 18:16

Norwegian oil major Statoil ASA (STO) Friday said two of its employees have been confirmed dead in the fatal attack on the In Amenas gas facility in Algeria.

605 Million euros Loan for Greek Refiner, ELPE

605 Million euros Loan for Greek Refiner, ELPE

Παρ, 25 Ιανουαρίου 2013 - 17:22

Hellenic Petroleum S.A. and Hellenic Petroleum Finance PLC (together “Hellenic Petroleum”) are pleased to announce that they have successfully signed a new €605,000,000 Term Loan Facility and a Bond Loan (together “the Facilities”). The Facilities, which were supported by a group of international and domestic banks, were oversubscribed, exceeding the initial target of €525,000,000.

Cyprus Issues Two Licences for Offshore Gas Exploration

Cyprus Issues Two Licences for Offshore Gas Exploration

Παρ, 25 Ιανουαρίου 2013 - 15:34

Cyprus licenced Italy's ENI and South Korea's Kogas for offshore gas exploration yesterday (24 January), in a boon to an economy in line for an international bailout because of its exposure to debt-crippled Greece.

Bulgaria: Turnout of Referendum on Nuclear Power Seen at 25%-35% According to Poll

Bulgaria: Turnout of Referendum on Nuclear Power Seen at 25%-35% According to Poll

Πεμ, 24 Ιανουαρίου 2013 - 16:30

Between 25% and 35% of Bulgaria's six million adults plan to vote in the referendum on the future of the country's nuclear energy scheduled for January 27, a poll shows. The referendum's threshold for validity is turnout in the previous parliamentary elections, i.e. 4.3 million people. The question will be worded as follows: "Should we develop nuclear energy in the Republic of Bulgaria by building a new nuclear plant?"

BP Delivers First Gas Shipment to Israeli Offshore Buoy

BP Delivers First Gas Shipment to Israeli Offshore Buoy

Πεμ, 24 Ιανουαρίου 2013 - 16:18

BP PLC began delivering liquefied natural gas to Israel via an offshore buoy Thursday to help meet Israel's energy needs until it begins production of local gas from an offshore field later this year, government officials said. The buoy was built off the Israeli coast by government-owned Israel Natural Gas Lines Co. at a cost of 500 million shekels ($134 million)

Global LNG Trade Shrank in 2012 on Tight Supply

Global LNG Trade Shrank in 2012 on Tight Supply

Πεμ, 24 Ιανουαρίου 2013 - 15:57

The global trade in liquefied natural gas likely shrank last year due to lower overall gas output, and gas producers will focus on meeting a supply shortfall for the next couple of years, a senior BG Group PLC (BG.LN) executive said Thursday. Preliminary data show the volume of LNG changing hands declined for the first time in the industry's history by 2.5 million metric tons in 2012, compared with a 19-million-ton jump a year earlier, Steve Hill, vice president of global LNG and oil marketing at BG Group, said at the LNG Supplies for Asian Markets conference in Singapore

Energy Journal: Whats Bad for Gazprom Could Be Bad for Many

Energy Journal: What's Bad for Gazprom Could Be Bad for Many

Πεμ, 24 Ιανουαρίου 2013 - 15:55

A big energy development from the snow-tinged talking shop Davos, where Russia's Prime Minister Dmitry Medvedev hinted at an end to Gazprom's monopoly on exporting natural gas. Talking with Bloomberg TV, Mr. Medvedev said this may happen as long as it doesn't harm Russia's economic interests

Iran Diplomat Warns of Strait Closure if US Chooses War

Iran Diplomat Warns of Strait Closure if US Chooses 'War'

Πεμ, 24 Ιανουαρίου 2013 - 15:52

The United States has nothing left to pressure Tehran over its nuclear program except for war, and if it chooses conflict Iran could close a key energy chokepoint, its envoy to Baghdad told AFP Thursday. Ambassador Hassan Danaie-Far insisted in an interview that Tehran retained the right to close the Strait of Hormuz, through which a third of the world's traded oil passes, in response to any aggression, military or otherwise