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OMV CEO Confirms RWE to Exit Nabucco Project

Παρ, 7 Δεκεμβρίου 2012 - 17:08

German utility RWE AG (RWE.XE) will be leaving the consortium behind the proposed pipeline Nabucco West, Austrian oil and gas company OMV AG (OMV.VI) Chief Executive Officer Gerhard Roiss said Friday.

Putin Launches Construction of South Stream Pipeline

Παρ, 7 Δεκεμβρίου 2012 - 17:08

President Vladimir Putin on Friday launches construction of the South Stream pipeline that the Kremlin hopes will pump Russia's natural gas to Europe while bypassing its unpredictable neighbor Ukraine.

JinkoSolar Signs US$1 Billion Strategic Cooperation Agreement with China Development Bank

Παρ, 7 Δεκεμβρίου 2012 - 17:07

SHANGHAI and ZUG, Switzerland, Dec. 7, 2012 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that JinkoSolar (Switzerland) AG, its Swiss subsidiary, has entered into a strategic cooperation agreement ("Strategic Cooperation Agreement") with the Guangdong Branch of China Development Bank

Eni To Take 22 BCM of Russian Natural Gas in 2012

Παρ, 7 Δεκεμβρίου 2012 - 17:07

Italy's Eni SpA (E) will take 22 billion cubic meters of gas from Russia's OAO Gazprom (GAZP.RS) this year and won't fulfill its "take-or-pay" commitments, Interfax news agency quoted the company's chief executive, Paolo Scaroni, as saying Friday.

Rosneft, ExxonMobil Sign West Siberia Exploration Agreement

Παρ, 7 Δεκεμβρίου 2012 - 13:30

Russian and US oil majors Rosneft and ExxonMobil signed an agreement Thursday to jointly explore the commercial potential of oil fields in Western Siberia, a Rosneft press release said Friday.

Noble to Deliver 750 MCF of Leviathan Gas Daily

Παρ, 7 Δεκεμβρίου 2012 - 13:13

Noble Energy Inc.(NYSE:NBL) plans delivering up to 750 million cubic feet of gas per day from the Leviathan field in the first phase of development in its 2012, the company told its analysts conference The first gas will be delivered, the company added, via a northern entry point in 2016.

Bulgargaz To Propose 9.0% Cut in NatGas Prices as of January 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:56

Gas monopoly Bulgargaz will most likely propose a 9.0% reduction of natural gas prices as of January 1, the company's executive director Dimitar Gogov said.

French Regulated Gas Tariffs May Rise 2% to 3% Jan 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Regulated gas prices in France may rise between 2% and 3% from Jan. 1, French daily Le Figaro reports Thursday, without citing its sources.

Russia, China May Sign Gas Deal Within Months - Russia Deputy PM

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Russia and China will sign a deal on the price and route of Russian natural gas deliveries within months, Russian Deputy Prime Minister Arkady Dvorkovich said Thursday, even as talks between top officials from both countries in Moscow appear to have yielded no breakthrough.

Swedish Nuclear Reactor Ordered Offline Due to Safety Concerns

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

The Oskarshamn 2 nuclear reactor in southern Sweden will be taken offline Thursday after the Swedish Radiation Safety Authority ordered an immediate shut-down due to safety concerns.

Neon Energy Participates in ELIH MED’s Energy Efficiency in Low Income Housing in the Mediterranean

Πεμ, 6 Δεκεμβρίου 2012 - 15:14

NEON ENERGY CYPRUS LTD. participates in ELIH MED’s strategic initiative “Energy Efficiency in Low Income Housing in the Mediterranean”, offering free Photovoltaic Systems and in so doing, the company makes a significant contribution to the first pilot PV installations that utilize Net Metering in Cyprus.

Estonia Blocks Nord Stream Exploration Request

Πεμ, 6 Δεκεμβρίου 2012 - 14:49

Estonia on Thursday denied Nord Stream’s request to study areas of the Baltic Sea bed falling within the nation’s commercial waters, the Estonian government's press service said.

Russia and China Seal Energy Deals

Τετ, 5 Δεκεμβρίου 2012 - 18:44

Russia and China signed several energy deals Wednesday, but appeared to make little progress on the central issue of sales of Russian gas to China, officials said.

OMV Petrom, ExxonMobil Start Large 3D Seismic Study in Black Sea

Τετ, 5 Δεκεμβρίου 2012 - 18:43

OMV Petrom S.A. (SNP.RO), an affiliate of the Austrian oil and gas company OMV AG (OMV.VI), and ExxonMobil Exploration and Production Romania Limited, an affiliate of the oil company ExxonMobil Corp. (XOM), have started conducting a large 3-D seismic study in the Black Sea, OMV Petrom said Wednesday.

Yemen Gunmen Sabotage Oil Pipeline

Τετ, 5 Δεκεμβρίου 2012 - 18:43

Gunmen Wednesday attacked an oil pipeline that pumps some 8,000 barrels of crude per day from southeastern Yemen to export terminals on the Gulf of Aden, suspending operations, an official said.

Cutting Feed-in Tariffs to Cost Slovenia Jobs and Investments

Τετ, 5 Δεκεμβρίου 2012 - 13:36

On November 28th the Slovenian Government significantly decreased the Feed-in tariffs for all newly installed solar power plants as of December 1st, 2012. The Government adopted amendments to the Regulation on supports for the electricity generated from renewable energy sources unexpectedly and has consequently triggered outrage among investors as well as the Slovenian Photovoltaic Industry Association (ZSFI).