1. English Edition

English Edition

EDF: Court Decision on Electricity Prices Wont Impact Earnings

EDF: Court Decision on Electricity Prices Won't Impact Earnings

Πεμ, 29 Νοεμβρίου 2012 - 18:10

French power company Electricite de France SA (EDF.FR) Thursday said the ruling of the country's highest administrative court, the Conseil D'Etat, on electricity prices won't have any impact on the company's earnings as it doesn't imply they will be any refund to the company's millions of customers in the country.

Greek Company Says It Refused to Refuel Iranian Tanker

Greek Company Says It Refused to Refuel Iranian Tanker

Τετ, 28 Νοεμβρίου 2012 - 16:19

An Iranian tanker with a Tanzanian flag was turned away when it sought to refuel at an island offshore Athens after its real nationality was discovered, a Greek fuel supplier said Wednesday, illustrating how Western sanctions against Iran continue to impede the Islamic Republic's efforts to keep trade flowing.

Greek Wholesale Power Price Unrepresentative

Greek Wholesale Power Price Unrepresentative

Τετ, 28 Νοεμβρίου 2012 - 11:37

Greek state-controlled utility PPC continues to suffer from distortions in the power market which mean that the system marginal price (SMP) is increasingly unrepresentative of actual power costs.

Nigeria to Export at Least 2.2M B/D of Oil in January

Nigeria to Export at Least 2.2M B/D of Oil in January

Τρι, 27 Νοεμβρίου 2012 - 17:57

Nigeria, one of Africa's key energy producers, is set to export at least 2.2 million barrels a day of crude oil in January, largely in line with the volumes originally scheduled to load in December, according to provisional loading programs seen by Dow Jones Newswires this and last week.

Polands PGNiG Seeks Lower Regulated Gas Prices after Gazprom Deal

Poland's PGNiG Seeks Lower Regulated Gas Prices after Gazprom Deal

Τρι, 27 Νοεμβρίου 2012 - 17:57

Polish gas firm PGNiG SA (PGN.WA) has asked the Polish energy regulator to approve a cut in the regulated prices of natural gas after Russia's OAO Gazprom (GAZP.RS), its main supplier, agreed to lower its prices, the company said Tuesday.

Lukoil to Increase Share of Gas in Overall Output to 27%

Lukoil to Increase Share of Gas in Overall Output to 27%

Τρι, 27 Νοεμβρίου 2012 - 17:57

Russia's largest independent oil producer, OAO Lukoil Holdings (LKOH.RS), will increase the share of natural gas in its production to 27% from 16%, Deputy Chief Executive Andrey Gaidamaka said Tuesday, without giving a timeframe.

BP in Early Talks Over Nord Stream Link to Bring Russian Gas to UK

BP in Early Talks Over Nord Stream Link to Bring Russian Gas to UK

Δευ, 26 Νοεμβρίου 2012 - 17:58

BP PLC (BP) is in early talks with the OAO Gazprom (GAZP.RS)-led Nord Stream pipeline consortium, that ships Russian natural gas into Europe, over an extension of the link to carry the gas straight into the U.K., a spokesman said Sunday.

Israel Corp Units Sign $4B Gas Supply Deal With Tamar Partners

Israel Corp Units Sign $4B Gas Supply Deal With Tamar Partners

Δευ, 26 Νοεμβρίου 2012 - 17:58

Conglomerate investment company Israel Corp. Ltd. (ILCO.TV) has signed a deal to buy $4 billion in natural gas from the local offshore Tamar field, becoming that field's biggest potential customer after the state-owned electric company.

ConocoPhillips to Sell Kazakh Waters Interests; Expects Proceeds of $5 Billion

ConocoPhillips to Sell Kazakh Waters Interests; Expects Proceeds of $5 Billion

Δευ, 26 Νοεμβρίου 2012 - 17:57

ConocoPhillips (COP) unveiled plans to sell its 8.4% interest in the North Caspian Sea Production Sharing Agreement, or Kashagan, to ONGC Videsh Ltd. for proceeds of about $5 billion, as the exploration and production company continues its effort to divest itself of billions of dollars in assets this year.

Aramco, Exxon Plan March-April Maintenance at Yanbu Refinery

Aramco, Exxon Plan March-April Maintenance at Yanbu Refinery

Δευ, 26 Νοεμβρίου 2012 - 17:57

State-giant Saudi Aramco and Exxon Mobil Corp. (XOM) are scheduling a major maintenance shutdown at the Red Sea Yanbu refinery in March and April, in order to bring a new clean-fuel project online, two people familiar with the matter said Monday.