English Edition

Iraq's Oil Output Hits 3.4 Million Barrels a Day

Τετ, 10 Οκτωβρίου 2012 - 17:46

Iraq's crude oil production has reached 3.4 million barrels a day, the first time it has hit such a level in more than two decades, Iraq's deputy prime minister for energy affairs said Wednesday.

Iran's End-Year Oil Output Seen Down 1M B/D From 2011's 3.6M B/D

Τετ, 10 Οκτωβρίου 2012 - 17:45

Crude oil output from sanctions-stricken Iran is expected to be down 1 million barrels a day by year-end from the 2011 end-year level of 3.6 million barrels a day, the U.S. Energy Information Administration said Wednesday.

Offshore Oil Firms to Submit Major Hazard Reports, Emergency Response Plans Before Licence

Τετ, 10 Οκτωβρίου 2012 - 12:57

Offshore oil and gas firms would have to submit major hazard reports and emergency response plans before getting a licence to drill under a draft law approved by the Energy Committee on Tuesday. Licences would be granted only if the firm could prove it has enough cash to remedy any environmental damage caused. The draft will now be negotiated with the Council.

Greek Operator Says Tanker Hijacked off Ivory Coast Released

Τρι, 9 Οκτωβρίου 2012 - 18:21

The Greek operator of a tanker hijacked over the weekend from the waters around the Ivory Coast said Tuesday that the vessel had been released and all crew members were safe.

Rosneft, Gunvor Discuss Potential Joint Exploration Projects

Τρι, 9 Οκτωβρίου 2012 - 18:20

Russia's state-controlled oil company OAO Rosneft (ROSN.RS) and Cyprus-registered commodities trader Gunvor Group are discussing possible joint exploration and production projects, Rosneft said Tuesday.

Nabucco Ministers Confirm Support for Flagship Project in South Corridor

Τρι, 9 Οκτωβρίου 2012 - 13:31

The Nabucco Political Committee-Meeting of the Nabucco Ministers of the Transit Countries convening in Vienna, Austria confirmed the full political support for the Nabucco Gas Pipeline Project and for the existing Intergovernmental Agreement giving comfort to investors and producers.

Alexander Medvedev: Greece Deserves the Best

Δευ, 8 Οκτωβρίου 2012 - 17:45

Gazprom – the world’s largest gas company – is familiar to many in this part of Europe. Over the 15 years that we have been delivering uninterrupted supplies of Russian natural gas to Hellas, the Greeks, I hope, had never had a pretext to doubt our reliability, loyalty to our commitments, and our solidarity

Iran Oil Exports Slightly Rebound in September

Δευ, 8 Οκτωβρίου 2012 - 17:38

Iran's crude oil exports rebounded by about 10% in September on higher Chinese sales, a shipping tracker said recently. That would suggest the impact of sanctions on the country's largest source of revenue may be stabilizing after a steep drop in the country's currency.

Iran Says Oil Platforms Targeted by Israeli Cyber Attack

Δευ, 8 Οκτωβρίου 2012 - 17:38

Iran's oil platforms have been targeted by cyber attack by Israel and other nations but their operations have not been affected, an Iranian state oil official was quoted as saying Monday.

RWE Confirms Extension of Egyptian Gas Discovery

Δευ, 8 Οκτωβρίου 2012 - 17:37

German utility RWE AG (RWE.XE) Monday confirmed another extension of the South Sidi Ghazy-1x gas discovery in the Egyptian Nile river delta.

EU Energy Chief Committed to Opening Southern Corridor

Δευ, 8 Οκτωβρίου 2012 - 17:37

Europe remains committed to plans to build a pipeline to bring gas from the Caspian Sea region to Europe, European Union energy chief Guenther Oettinger said Monday.

Greek-Operated Tanker Missing off Ivory Coast - Ship's Manager

Δευ, 8 Οκτωβρίου 2012 - 17:36

A Greek-operated gasoline tanker went missing along with its crew and cargo from the waters around Ivory Coast over the weekend, the vessel's Greek manager said Monday.

Gazprom to Increase Supply to Turkey Following Pipeline Blast