English Edition

EDF Interested in Potential Nuclear Project in Saudi Arabia - CEO

Πεμ, 11 Απριλίου 2013 - 17:06

Electricite de France SA (EDF.FR) would definitely seek to take part in a nuclear reactor project in Saudi Arabia, its chairman and chief executive Henri Proglio said Thursday.

Shell Says Energy Efficiency in Oil, Gas Production a Challenge

Πεμ, 11 Απριλίου 2013 - 17:06

Royal Dutch Shell PLC (RDSB) said Thursday that maintaining energy efficiency in its oil and gas production will prove a challenge in coming years.

Turkey Has No Plans to Reduce Oil, Gas Imports From Iran - Minister

Πεμ, 11 Απριλίου 2013 - 17:06

Turkey, a major buyer of oil and gas from Iran, has no plans to reduce its energy imports from the Persian country despite the growing prospect of tougher U.S. sanctions, Turkish energy minister Taner Yildiz said in remarks published Thursday.

Libya Won't Allow Foreign Security at its Oil Zones - NOC

Πεμ, 11 Απριλίου 2013 - 17:05

Libya will not allow the presence of foreign security at its oil facilities, the chairman of the state-run National Oil Corp., or NOC, said after talks with BP PLC.(BP.LN) about protecting the company if it resumes operations in the North African country.

Russia to Fund the Construction of Serbian Section of South Stream Gas Pipeline

Πεμ, 11 Απριλίου 2013 - 12:02

Russia will fund the construction of the Serbian section of the South Stream gas pipeline worth 1.7 billion Euro and Serbia will pay to Russia at the expense of gas pumping tariffs, Aleksei Miller, Gazprom President said after the Russian-Serbian talks in Gorki, newswires reported.

Russia May Increase Oil Extraction Tax By 5%

Τετ, 10 Απριλίου 2013 - 17:29

Russia may increase the mineral extraction tax levied on oil by 5%, Finance Minister Anton Siluanov told reporters Wednesday.

Genel Energy Confident About 2013 Kurdistan Drilling Plans

Τετ, 10 Απριλίου 2013 - 17:28

Genel Energy PLC (GENL.LN), an Anglo-Turkish oil company set up by ex-BP chief Tony Hayward and financier Nat Rothschild, Wednesday said it hopes that a large oil discovery at Chia Surkh in the Kurdistan region of Iraq could be a sign of things to come, as it has another five exploration wells planned for the region in 2013.

EU Energy Chief Says Bloc's Policies Should Focus More on Affordability

Τετ, 10 Απριλίου 2013 - 17:28

The European Union's economic problems mean it should be more flexible in the way it promotes a low-carbon economy and broaden the focus of its energy policy, beyond purely reducing greenhouse gas emissions to also ensure that energy will remain affordable, the bloc's energy chief said.

Egypt Plans Ration Cards for Fuel Next Fiscal Year-Oil Minster

Τρι, 9 Απριλίου 2013 - 17:11

Cash-strapped Egypt plans to introduce ration cards for subsidized fuel in its next fiscal year, which begins July 1, the country's oil minister said in an interview with Al Arabiya Television.

Algeria to Double Refining Capacity in 5 Years - Minister

Τρι, 9 Απριλίου 2013 - 17:11

Algeria plans to double its refining capacity in the next five years to meet growing domestic demand and expand its petrochemical industry, Energy Minister Youcef Yousfi said Tuesday.

Gazprom To Decide on Nord Stream Expansion After Yamal-Europe Study - CEO

Τρι, 9 Απριλίου 2013 - 17:11

Russia's OAO Gazprom (GAZP.RS) will decide whether to expand the Nord Stream gas pipeline to Northern Europe after it completes a feasibility study into a separate pipeline extension to Central Europe via Poland, Gazprom's Chief Executive Alexei Miller said Tuesday.

Bushehr Nuclear Plant Undamaged By Strong Iran Quake

Τρι, 9 Απριλίου 2013 - 17:10

Iran's only nuclear power plant, located in the Gulf city of Bushehr, was undamaged by a strong earthquake that hit the southern Iranian province of Bushehr Tuesday, its governor Fereydoon Hasanvand said.

Shell Reportedly Offering Stake in Czech Refinery

Τρι, 9 Απριλίου 2013 - 17:10

A unit of Royal Dutch Shell PLC (RDSB.LN) is in talks with shareholders and the Czech government over the potential sale of its 16% stake in the largest refinery in the Czech Republic, a local news website reported Tuesday citing the Czech industry minister.