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Japan March Power Output Down 7.1% on Year At 76.07 Bln KWh

Japan March Power Output Down 7.1% on Year At 76.07 Bln KWh

Παρ, 12 Απριλίου 2013 - 15:56

Electricity generated by Japan's 10 regional power utilities fell 7.1% on year in March to 76.07 billion kilowatt-hours, as the nation kept conservation efforts amid continued closure of most nuclear power plants, the Federation of Electric Power Companies said Friday.

Rosneft To Invest $1.5B In East Arctic Shelf Survey

Rosneft To Invest $1.5B In East Arctic Shelf Survey

Παρ, 12 Απριλίου 2013 - 15:56

The world's largest listed oil producer, Russia's Rosneft (ROSN.RS), plans to invest $1.5 billion to survey the East Arctic shelf, deputy general director at Rosneft-Shelf-Far-East said Friday, Interfax news agency reported.

GDF Suez Plans to Close French Gas-Fired Power Plants

GDF Suez Plans to Close French Gas-Fired Power Plants

Πεμ, 11 Απριλίου 2013 - 17:08

French power utility GDF Suez SA (GSZ.FR) plans to close three of the four gas-fired power plants it operates in its home country because their profitability fell, the newspaper Les Echos reported Thursday, citing unidentified sources.

Iraq Raises Oil Reserves To 150 Billion Barrels

Iraq Raises Oil Reserves To 150 Billion Barrels

Πεμ, 11 Απριλίου 2013 - 17:07

Iraq has raised its estimated proven crude oil reserves to 150 billion barrels from 143 billion barrels, with more oil discovered in oil fields being upgraded by international oil companies and from a new oil field in southern Iraq, the Iraqi oil minister said Wednesday.

Rosneft Expects Sakhalin LNG Production No Later Than 2018

Rosneft Expects Sakhalin LNG Production No Later Than 2018

Πεμ, 11 Απριλίου 2013 - 17:07

Russian state-run oil company Rosneft (ROSN.RS) plans to begin producing liquefied natural gas on the island of Sakhalin no later than 2018, President Igor Sechin said Thursday, Interfax reported.

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

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 Wont Allow Foreign Security at its Oil Zones - NOC

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

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.

Genel Energy Confident About 2013 Kurdistan Drilling Plans

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 Blocs Policies Should Focus More on Affordability

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.