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Novatek Holder: Chinese Firms Want Yamal LNG, Novatek Stakes

Novatek Holder: Chinese Firms Want Yamal LNG, Novatek Stakes

Παρ, 26 Απριλίου 2013 - 17:58

Chinese energy companies that are in talks with OAO Novatek (NVTK.RS) about a stake in a liquefied natural gas project in the Arctic--Yamal LNG--also want a stake in the Russian gas producer, Gennady Timchenko, a major shareholder in Novatek, was reported as saying Friday.

EIA: OPEC April Oil Output 29.9M B/D, Up 100,000 B/D vs. March

EIA: OPEC April Oil Output 29.9M B/D, Up 100,000 B/D vs. March

Παρ, 26 Απριλίου 2013 - 17:58

Crude-oil output from the Organization of the Petroleum Exporting Countries averaged 29.9 million barrels a day in April, up 100,000 barrels a day from a month earlier, with higher Iraqi flows offsetting a drop in Nigeria's production, according to the U.S. Energy Information Administration.

400 Million Eurobond by Greek Refiner, ELPE

400 Million Eurobond by Greek Refiner, ELPE

Παρ, 26 Απριλίου 2013 - 16:25

Greek refiner, Hellenic Petroleum (ELPE) announced the issuing of a 400 million Eurobond of a four-year duration. The interest is set at 8,5% and the bond will be traded in Luxemburg, according to the company’s announcement.

Small Scale PVs Spared Tax Burden as Greek Government Presents New Law

Small Scale PVs Spared Tax Burden as Greek Government Presents New Law

Παρ, 26 Απριλίου 2013 - 16:19

Small scale rooftop photovoltaics were excluded from taxation after all, as the Greek government presented yesterday the final bill of law which will bring changes in the wider economy and covers many important issues from taxes to renewable energy.

Confirmatory Drilling in Block 12 of Cyprus in June

Confirmatory Drilling in Block 12 of Cyprus in June

Παρ, 26 Απριλίου 2013 - 16:04

Confirmatory drilling in block 12 of Cyprus` exclusive economic zone will begin as soon as the rig is transferred there, in mid- or late June, and is expected to be completed by October, Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis has said.

Total Confirms Output Targets, Sees Further Growth After 2017

Total Confirms Output Targets, Sees Further Growth After 2017

Πεμ, 25 Απριλίου 2013 - 18:29

French company Total SA (TOT, FP.FR) still expects its oil and gas output to grow 3% on average on an annual basis between 2011 and 2015, and then sees accelerated growth after 2017 as new projects come on stream, the head of the exploration and production division Yves-Louis Darricarrere said, ahead of the group's release of its first-quarter earnings later this week.

Genel Energy: Significant Oil Discovery at Chia Surkh 10 Well

Genel Energy: Significant Oil Discovery at Chia Surkh 10 Well

Πεμ, 25 Απριλίου 2013 - 18:28

Genel Energy PLC (GENL.LN), an Anglo-Turkish oil and gas independent, Thursday reports a significant oil discovery in Chia Surkh following a second drill-stem test on the Chia Surkh 10 well, and said the well will now be suspended as a future producer.

Venezuela Declares Electrical Emergency, Denounces Sabotage

Venezuela Declares Electrical Emergency, Denounces Sabotage

Τετ, 24 Απριλίου 2013 - 16:33

Venezuela's new government started out its term by decreeing the electric sector in emergency on Tuesday, placing it under partial military control to combat alleged sabotage and address the persistent black-outs that sapped President Nicolas Maduro's support in the recent election.

Woodside Seeks to Finalize $1.2 Bln Israeli Gas Deal by June

Woodside Seeks to Finalize $1.2 Bln Israeli Gas Deal by June

Τετ, 24 Απριλίου 2013 - 16:33

Woodside Petroleum Ltd. (WPL.AU) aims to finalize a US$1.2 billion a deal to buy a 30% stake in a big natural gas field in the Mediterranean Sea by June, after talks with Israel were held up by a general election.