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Russia May Auction Offshore Fields Rejected by State Firms - Deputy PM

Πεμ, 31 Ιανουαρίου 2013 - 17:20

Any offshore oil and gas fields that state-controlled OAO Rosneft (ROSN.RS) and OAO Gazprom (GAZP.RS) aren't interested in will be returned to Russia's state fund or put up for auction among Russian private companies, Deputy Prime Minister Arkady Dvorkovich said Thursday.

Bulgarian Govt Nominates Appoints Energy Regulator Head

Πεμ, 31 Ιανουαρίου 2013 - 15:48

The Cabinet named Andon Rokov, member of the State Energy and Water Regulatory Commission, as head of the commission.

3547 MW of Renewable Capacity Now Installed in Greece

Τετ, 30 Ιανουαρίου 2013 - 14:56

100 new megawatts of renewable energy capacity were added to the Greek energy mix in December, according to the market’s operator, LAGIE. Of those, 82,91 MW were photovoltaics, 17 MW were wind farms and 150 KW were small hydro plants.

Iranian Natural-Gas Platform Sinks in Gulf

Τετ, 30 Ιανουαρίου 2013 - 14:49

A natural-gas platform made by an affiliate of Iran's Revolutionary Guards has sunk in the Persian Gulf, Iranian media said Wednesday, a setback for the country's efforts to respond to international sanctions.

Borisov: Grid Access Fee for Renewable Energy Producers was my Decision

Τετ, 30 Ιανουαρίου 2013 - 13:52

Bulgarian Prime Minister Boyko Borisov has admitted that the introduction of the contested grid access fee for renewable energy producers was his idea, but the decision was tough to take.

Yemen Estimates Its Possible Gas Reserves at 70 Tln Cubic Feet

Τρι, 29 Ιανουαρίου 2013 - 17:56

Yemen's Petroleum Exploration and Production Authority, or PEPA, expects about 70 trillion cubic feet of possible reserves of natural gas in the country's exploratory and opened blocks, pan-Arab daily Al Hayat reports Tuesday.

Gazprom Adds $16.9B To Projected South Stream Costs

Τρι, 29 Ιανουαρίου 2013 - 17:56

Russian gas giant OAO Gazprom (GAZP.RS) said it will invest 509.6 billion Russian rubles ($16.9 billion) expanding its pipelines to take gas to southeastern Europe via the South Stream, piling further costs onto a project aimed at bypassing traditional transit countries Ukraine and Belarus.

France Creates Fund to Help Small and Mid-Sized Nuclear Companies

Τρι, 29 Ιανουαρίου 2013 - 17:56

The French government Tuesday announced the creation of a 133 million euros ($178.8 million) fund to help the nuclear industry's small and medium-sized companies develop, as France seeks to boost one of its export champions.

Russia's Rosneft to Lead Junin-6 Oil Project in Venezuela

Τρι, 29 Ιανουαρίου 2013 - 17:55

Russian oil giant OAO Rosneft (ROSN.RS) will take over as operator of the Junin-6 oil project in Venezuela, which it is developing in partnership with Venezuelan state oil company Petroleos de Venezuela, or PdVSA, and other Russian oil firms, a spokeswoman for the company said Tuesday.

Iran Threatens To Sue BP Over Alleged Caspian Pollution

Τρι, 29 Ιανουαρίου 2013 - 17:55

Iran is planning to sue BP PLC (BP) in international courts over alleged pollution in the Caspian Sea, a top official of the Islamic Republic was quoted as saying this week, amid continued tensions between Tehran and the West.

BP Names Bob Fryar as New Head of Safety, Operational Risk

Τρι, 29 Ιανουαρίου 2013 - 17:55

BP PLC (BP.LN) said Tuesday that Bob Fryar will become its new head of safety and operational risk, reporting directly to Chief Executive Bob Dudley.

Bulgaria's Bulgargaz Near Deal for Gas Imports from Shah Deniz 2

Τρι, 29 Ιανουαρίου 2013 - 12:27

Bulgargaz is in talks for gas supplies from the Shah-Deniz 2 field in Azerbaijan, according to Dimitar Gogov, CEO of the state-owned company.

EU Expects Russia, Ukraine to Ensure Gas Flow to EU Aren't Disrupted

Δευ, 28 Ιανουαρίου 2013 - 17:34

The European Union expects both Russia and Ukraine to ensure that natural gas supplies to the bloc aren't disrupted, as the two countries face a spat about prices, a spokeswoman said Monday, refusing to call the situation a "crisis."

OPEC Chief Sees No Oil-Price Collapse Amid Balance Markets

Δευ, 28 Ιανουαρίου 2013 - 17:34

OPEC's chief Monday said he didn't fear any collapse of oil prices as he expects markets to remain balanced through 2013.

UAE Targets 5% of Energy from Renewables by 2020 -UAE Oil Minister

Δευ, 28 Ιανουαρίου 2013 - 17:34

The United Arab Emirates is aiming to have 5% of its energy sourced from renewables by 2020, the country's oil minister, Mohamed Al-Hamli, said Monday.

Shell, Kinder Morgan Announce Plans To Export LNG From U.S.

Δευ, 28 Ιανουαρίου 2013 - 17:33

A Royal Dutch Shell PLC (RDSA) unit struck a deal with a Kinder Morgan Inc (KMI) company to export liquefied natural gas out of an existing import terminal near Savannah, Ga., the companies said Monday.