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Shah Deniz Gas Output Falls One-Fifth On Temporary Well Shutdown

Shah Deniz Gas Output Falls One-Fifth On Temporary Well Shutdown

Δευ, 26 Νοεμβρίου 2012 - 17:56

Daily natural gas output at Azerbaijan's Shah Deniz field, which is led by BP PLC (BP), has fallen by almost one-fifth after production was suspended at one well for technical reasons, a senior executive from national oil company SOCAR said Monday.

Kiev Sets up $856 Mln LNG Terminal Consortium

Kiev Sets up $856 Mln LNG Terminal Consortium

Δευ, 26 Νοεμβρίου 2012 - 13:21

Kiev signed a deal on Monday creating a consortium of investors for a liquid natural gas terminal, including America's Excelerate Energy and Spain's Gas Natural Fenosa, Ukraine's national projects agency said.

IEA Urges South Korea to Reform Electricity, Gas Markets

IEA Urges South Korea to Reform Electricity, Gas Markets

Παρ, 23 Νοεμβρίου 2012 - 17:53

The International Energy Agency Friday urged South Korea to loosen state-run companies' grip on the country's electricity and natural gas markets, and received cautious backing from the government.

UK To Increase Renewable Subsidy but Wont Commit on Emissions

UK To Increase Renewable Subsidy but Won't Commit on Emissions

Παρ, 23 Νοεμβρίου 2012 - 17:53

The U.K.'s coalition government Friday ended months of wrangling by agreeing details of an energy policy that increases subsidies for the renewables sector but delays any commitment to emissions-free generation.

BP Appoints Lamar McKay as New Head of Upstream

BP Appoints Lamar McKay as New Head of Upstream

Παρ, 23 Νοεμβρίου 2012 - 17:52

BP PLC (PB.LN) Friday said it has appointed Lamar McKay as head of oil and gas production and development and he will take up the position Jan. 1, 2013.

A Logical Choice: Renewable Energy and Energy Efficiency

A Logical Choice: Renewable Energy and Energy Efficiency

Παρ, 23 Νοεμβρίου 2012 - 15:07

The choice of renewable energy and energy efficiency in Europe is logical and mature. There are numerous solutions offered by both that lead to higher economic growth, job creation and energy security as well as better consumer comfort.

Russia Warns Gazprom Probe, Rules May Raise EU Gas Price

Russia Warns Gazprom Probe, Rules May Raise EU Gas Price

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Russian Deputy Prime Minsiter Arkady Dvorkovich said Russia could retaliate if the European Union's antitrust investigation into OAO Gazprom (GAZP.RS) leads to sanctions, and that "regulatory risks" could cut supplies from Gazprom and result in higher gas prices, Kommersant daily reported Thursday.

Saudi Arabia to Adopt Renewable Energy Program Early 13

Saudi Arabia to Adopt Renewable Energy Program Early '13

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Top oil exporter Saudi Arabia will adopt a renewable energy program at the start of 2013 and hopes to have its first nuclear power plant operational by 2020 to meet soaring demand for electricity as its economy expands.

Gazprom Could Increase Gas Transit Via Belarus by 30%

Gazprom Could Increase Gas Transit Via Belarus by 30%

Πεμ, 22 Νοεμβρίου 2012 - 17:39

Russia's state-controlled gas giant OAO Gazprom (GAZP.RS) could invest $2 billion to increase the volumes of natural gas it sends via Belarus to Europe by 30%, Russian newswires quoted Gazprom's Chief Executive Alexei Miller as saying Thursday.

PGS MultiClient Enters Greece with GeoStreamer GSTM

PGS MultiClient Enters Greece with GeoStreamer GSTM

Πεμ, 22 Νοεμβρίου 2012 - 15:52

Petroleum Geo-Services has started a MC2D campaign in offshore Greece in cooperation with the Ministry of Environment, Energy and Climate Change of the Republic of Greece. M/V Nordic Explorer will acquire the marine seismic data and gravity-magnetic data from mid-November 2012 to end-January 2013. The energy minister Evangelos Livieratos visited Nordic Explorer with other ministry

Russian Government Approves Rosneft’s TNK-BP Buy Deal

Russian Government Approves Rosneft’s TNK-BP Buy Deal

Πεμ, 22 Νοεμβρίου 2012 - 12:26

The Russian government has given all approvals for state-controlled oil giant Rosneft to buy 100 percent of TNK-BP from British oil major BP and the AAR consortium of Russian billionaire shareholders, Deputy Prime Minister Arkady Dvorkovich said on Thursday.

China to Urge Extension of Kyoto Protocol in Doha

China to Urge Extension of Kyoto Protocol in Doha

Τετ, 21 Νοεμβρίου 2012 - 18:06

China will continue urging for an extension of the Kyoto Protocol at next week's climate change talks in Doha, but has ruled out joining a multi-party carbon trading market for now, Beijing's top climate negotiator said Wednesday.