English Edition

Hungary's MOL Aims to Increase Output, Become More Profitable

Παρ, 16 Νοεμβρίου 2012 - 18:25

MOL Nyrt. (MOL.BU), Hungary's largest oil and gas firm by assets and market share aims to gradually increase output and wants to become more profitable by 2014.

Petrobras Expects Production to Pick up in 2014

Παρ, 16 Νοεμβρίου 2012 - 18:25

Investors in Petroleo Brasileiro SA (PBR, PETR4.BR), the Brazilian oil company, may have to wait until 2014 to see its production pick up pace even as the company works on adding facilities and improving its efficiency.

Ukraine Plans to Cut Imports of Russian Gas in 2013

Παρ, 16 Νοεμβρίου 2012 - 18:24

Ukraine plans to reduce its purchases of Russian gas to about 20 billion cubic meters a year and increase supply from Europe next year as it tries to wean itself off Russia for its fuel needs, the Interfax news agency reports a senior executive at Naftogaz, Ukraine's state-owned oil and gas company, as saying.

TERNA ENERGY: 42% Increase of Net Earnings and 107% Increase of EBITDA in First 9 Months

Πεμ, 15 Νοεμβρίου 2012 - 18:16

According to the financial statements of 30/09/2012, which were prepared in accordance with the International Financial Reporting Standards, the results for the 9month of 2012 of TERNA ENERGY are as follows:

PV GRID: New European Project Launches to Promote Large-Scale Integration of Photovoltaics

Πεμ, 15 Νοεμβρίου 2012 - 15:27

Athens, Berlin, Bratislava, Brussels, The Hague, Lisbon, Madrid, Paris, Prague, Rome, Sofia, Stockholm, Vienna, Warsaw, 15 November 2012 - More than 20 partners have launched a Europe-wide effort to identify solutions to the wider integration of solar PV in Europe, particularly at the distribution level.

Turkey’s Botas Close to Buying More Spot Gas

Πεμ, 15 Νοεμβρίου 2012 - 14:34

Turkey is set to give state-owned gas importer Botas the authority to buy gas and LNG on the spot market without government approval, increasing the company's freedom of action as winter approaches.

Izmir Airport Gets 450 KW PV Park

Πεμ, 15 Νοεμβρίου 2012 - 12:20

Izmir Airport in western Turkey has completed the country's first solar energy project under new legislation (YEK) freeing renewable energy plants under 500 kW from licencing requirements.

Chevron Says Gorgon LNG Cost Review to Take Few More Months

Τετ, 14 Νοεμβρίου 2012 - 18:13

Chevron Corp. (CVX) said Wednesday it would continue to evaluate the cost of developing the Gorgon liquefied-natural-gas project over the next few months, without saying whether the current 43 billion Australian dollar (US$44.9 billion) price tag would change.

Shell Sees Investment of $20B+ in Integrated Gas to 2015

Τετ, 14 Νοεμβρίου 2012 - 18:12

Oil group Royal Dutch Shell PLC (RDSA.LN) said Wednesday that it sees growth opportunities to invest over $20 billion in integrated gas for 2012 to 2015.

Saudi Aramco Opens Head Office in Beijing

Τετ, 14 Νοεμβρίου 2012 - 18:12

State owned Saudi Arabian Oil Co., or Aramco, has opened a new Chinese head office in Beijing, deepening its presences in one of the world's largest energy consumers, in a move the company says "underscores the strategic importance of Asia" in its operation.