English Edition

Belgian Authorities Seek Clues in Exxon Manager Murder

Παρ, 26 Οκτωβρίου 2012 - 17:04

Belgian authorities are investigating the murder of a manager for U.S. energy giant Exxon Mobil Corp. (XOM), who was shot dead earlier this month, while his wife was seriously injured.

SE Bulgaria Produces 250,087 MWh of Renewable Power in July-Sept - EVN

Παρ, 26 Οκτωβρίου 2012 - 13:24

A total of 250,087 megawatt hours (MWh) of electricity worth 121.5 million levs ($80.7 million/62.1 million euro) were generated from renewable energy sources in Southeast Bulgaria in July-September, power distributor EVN Bulgaria said.

China's Second Auction of Shale-Gas Blocks Gets Many Bids

Πεμ, 25 Οκτωβρίου 2012 - 16:39

China's Ministry of Land and Resources said Thursday that it received 152 bids from 83 companies in its second auction of shale-gas blocks, indicating strong interest in the unconventional resource despite high development costs and a lack of technology.

French Nuclear Body: Level 1 Incident At Flamanville's Plant

Πεμ, 25 Οκτωβρίου 2012 - 16:38

A leak at the reactor No. 1 of Electricite de France SA's (EDF.FR) Flamanville plant late Wednesday didn't trigger any environmental damage or threatened the health of any employee, the French nuclear safety regulator Autorite de Surete Nucleaire said Thursday.

RWE, E.ON in Advanced Talks to Sell UK Nuclear Joint Venture

Πεμ, 25 Οκτωβρίου 2012 - 16:38

Energy utility RWE AG (RWE.XE) is closing in on the planned sale of its U.K.-based nuclear energy joint venture with peer E.ON AG (EOAN.XE), a company spokeswoman said Thursday.

Lukoil Proposes Financing Arctic Geological Surveys

Πεμ, 25 Οκτωβρίου 2012 - 16:37

OAO Lukoil Holdings (LKOH.RS), Russia's second-largest oil producer, has proposed investing $2.7 billion in geological survey work on Russia's Arctic shelf, Interfax cited a company spokesman as saying Thursday.

IENE’s «Energy & Development 2012»to Focus on the Transformation of Greece’s Energy Market and the Latest Regional Geopolitical Developments

Τετ, 24 Οκτωβρίου 2012 - 17:37

IENE’s 17th Annual National Conference «Energy & Development 2012», which will take place at the Evgenides Foundation (387 Syngrou Avenue, P. Faliro) on October, 30-31, will focus on the «Geopolitical and Development Angle of Greece’s Energy System». The conference is being organized under the auspices of Greece’s Ministry for Environment, Energy & Climate Change (YPEKA). «Energy & Development 2012» will host the Deputy Minister of Energy, Mr. Makis Papageorgiou as its invited speaker at the official luncheon on October 30

PGS to Begin Seismic Surveys in Ionian Sea in November

Τετ, 24 Οκτωβρίου 2012 - 17:15

Talks between the Greek energy ministry and Norwegian PGS are not concluded yet about the beginning of seismic surveys in the Ionian Sea and the region south of Crete. The company received the final contract three days ago and the signing is about to take place by the end of October, according to sources that spoke to Energia.gr

Electricity Rates to Climb by as Much as 40 pct in 2013

Τετ, 24 Οκτωβρίου 2012 - 17:03

The demand by Greece’s creditors for electricity rates to reflect the full cost of production will bring about fresh rate hikes by June 2013.

BP Reaches Agreement With SOCAR on Caspian Field Production

Τετ, 24 Οκτωβρίου 2012 - 17:02

The State Oil Company of Azerbaijan Republic has reached an agreement with BP PLC (BP) on stabilizing production in the Azeri-Chirag-Guneshli field in the Caspian Sea, SOCAR president Rovnag Abdullayev said Wednesday.

Libya Fighters Seize Ex-Gadhafi Bastion

Τετ, 24 Οκτωβρίου 2012 - 17:01

Libyan pro-government forces Wednesday seized control of Bani Walid, one of the last bastions of Moammar Gadhafi's ousted regime, an AFP correspondent in the town said.

Kuwait Appoints Consultants for Mega Oil Projects

Τετ, 24 Οκτωβρίου 2012 - 17:01

National oil refining company Kuwait National Petroleum Co. said Wednesday it has selected Foster Wheeler (FWLT) and Amec (AMCBY) as consultants for two mega oil projects estimated to cost around $30 billion.

Indonesia Plans 25% of Power From Renewables by 2025

Τρι, 23 Οκτωβρίου 2012 - 16:50

Renewable sources will by 2025 provide Indonesia with as much as 25% of its electricity, up from around 7% today, Dr. Djadjang Sukarna, the secretary of its renewable-energy directorate said Monday.

Kogas Secures $127.5M Iraq Gas Pipeline Contract, Says Official

Τρι, 23 Οκτωβρίου 2012 - 16:50

Korea Gas Corp. (036460.SE), known as Kogas, on Tuesday signed a deal with the Iraqi government worth up to $127.5 million to build two pipelines to carry gas from oil fields in Kirkuk, northern Iraq, to Baiji refinery north of the capital Baghdad, a senior Iraqi oil official said.

Iraq Invites Bidders for Nassiriya Oil Field, Refinery Project

Τρι, 23 Οκτωβρίου 2012 - 16:49

Iraq's oil ministry Tuesday invited international companies to bid to develop the giant Nassiriya oil field in southern Iraq and build a nearby refinery in a package deal.

Russia Gazprom Launches Arctic Bovanenkovo Gas Field

Τρι, 23 Οκτωβρίου 2012 - 16:49

Russian gas monopoly OAO Gazprom (GAZP.RS) officially launched a new gas field, Bovanenkovo, in the Arctic peninsula Yamal Tuesday, designed to boost the company's overall capacity and ensure shipments to Europe.