English Edition

Iraq Feb Oil Exports Rose by 7.5% on Month to 2.536 Million B/D

Δευ, 4 Μαρτίου 2013 - 18:06

Iraq's crude oil exports in February rose by 7.5%, to 2.536 million barrels a day on month, compared with 2.359 million barrels a day in January, according to people familiar with the State Oil Marketing Organization, or SOMO.

BP CEO Dudley Named as Candidate for Rosneft Board by Russian Govt

Δευ, 4 Μαρτίου 2013 - 18:06

BP PLC (BP) Chief Executive Bob Dudley has been named as a candidate for the board of directors of oil giant Rosneft (ROSN.RS) by the Russian government, and will vote on major company issues according to government directives if the nomination is confirmed by shareholders later in the year, a government spokeswoman said Monday.

Nabucco Gas Pipeline Project Signs Deal with Tanap

Δευ, 4 Μαρτίου 2013 - 18:06

The consortium planning the Nabucco pipeline said Monday it has signed an agreement with Tanap, the other planned pipeline, that would feed it with Caspian natural gas, in an effort to increase technical and strategic cooperation.

Brent Pipeline Still Closed as North Sea Industry Hit By Outages

Δευ, 4 Μαρτίου 2013 - 18:04

The Brent crude-oil pipeline system remained closed Monday as work continued to contain a second hydrocarbon leak this year at a key North Sea platform.

Obama To Announce Picks for EPA, Energy Dept.

Δευ, 4 Μαρτίου 2013 - 18:04

President Barack Obama is expected to announce Monday his picks to lead the Environmental Protection Agency and the Energy Department, selecting a veteran regulator and a noted academic to lead a pair of agencies responsible for driving U.S. energy policies.

Eni Says Libya Mellitah Plant Restarted after Weekend Clashes

Δευ, 4 Μαρτίου 2013 - 18:04

Eni SpA (E) said Monday that output at its Mellitah plant in Libya had restarted following a suspension in natural-gas exports because of clashes between militants over the weekend.

Bulgaria: Electricity Prices to be Cut by Less than 8.0%

Παρ, 1 Μαρτίου 2013 - 19:39

Electricity prices in Bulgaria will be reduced by less than 8.0%, the head of the energy regulator, Yuliana Ivanova, told reporters.The exact date from which the price cut will become effective has not been determined yet, daily Dnevnik reported

Kremlin Plays Down Chance of Imminent Gas Deal with Ukraine

Παρ, 1 Μαρτίου 2013 - 19:28

The Kremlin Friday played down the chances of an imminent new gas deal with Ukraine after saying that Russian President Vladimir Putin will meet his Ukrainian counterpart Viktor Yanukovych in Moscow next week. A spokesman for Mr. Putin said there would be no deals to sign following Monday's meeting, that was originally planned for December. Those talks were cancelled at the last minute, with both sides saying they needed to finalize documents

Russia Proposes BP CEO Dudley for Seat on Rosneft Board

Παρ, 1 Μαρτίου 2013 - 19:26

Russia has proposed that BP PLC (BP) Chief Executive Bob Dudley join the board of directors of state-controlled oil giant OAO Rosneft (ROSN.RS), in which BP is raising its stake to nearly 20%, according to a government website Friday

EIA: U.S. 2012 Crude-Oil Imports Down 5% to 15-Year Low

Πεμ, 28 Φεβρουαρίου 2013 - 18:49

U.S. crude oil imports fell 5% in 2012 to a 15-year low of 8.492 million barrels a day, data released Wednesday by the U.S. Energy Information Administration show. The drop of 443,000 barrels a day was the biggest since 2009 and put imports at more than 16%, or 1.6 million barrels a day, below the peak hit in 2005. The drop in imports follows a 3%, or 278,000-barrel-a-day, decline in 2011 and comes as U.S. domestic oil output has surged

Bulgaria President Calls May Election After Protests

Πεμ, 28 Φεβρουαρίου 2013 - 18:47

Bulgaria's president on Thursday called for a new political culture that would prevent citizens being "robbed" and "lied to" as he named an election date of May 12 to try to stem a surge of popular discontent. Prime Minister Boiko Borisov quit last week after nationwide protests against high electricity prices - the final straw to many citizens in the European Union's poorest country, who have begun to despair of any improvement in living standards or governance

Iran Upbeat on Nuclear Talks, West Still Wary

Πεμ, 28 Φεβρουαρίου 2013 - 18:43

Iran was upbeat on Wednesday after talks with world powers about its nuclear work ended with an agreement to meet again, but Western officials said it had yet to take concrete steps to ease their fears about its atomic ambitions. Rapid progress was unlikely with Iran's presidential election, due in June, raising domestic political tensions, diplomats and analysts had said ahead of the Feb. 26-27 meeting in the Kazakh city of Almaty, the first in eight months

Bulgaria Parliament Readies Power Price Cuts to Soothe Anger

Τετ, 27 Φεβρουαρίου 2013 - 19:15

Bulgaria's parliament moved to cut electricity prices on Wednesday, an attempt to defuse public anger that forced the government out which risked undermining attempts to keep the economy on an even keel. Adding to a sense of political limbo the European Union's poorest state, outgoing Prime Minister Boiko Borisov has been hospitalized with high blood pressure, before an interim government is appointed to take the country to early elections