English Edition

Statoil CEO: Algeria Crisis is Crossroads for Oil and Gas Industry

Δευ, 21 Ιανουαρίου 2013 - 18:25

Statoil ASA (STO, STL.OS) Chief Executive Helge Lund said Monday in a town hall meeting with Norway's prime minister and thousands of employees that the In Amenas terror attack represents a crossroads for the global oil and gas industry, but international activities by the company and Norway's wider industry won't be deterred.

TNK-BP To Invest $7B in Rospan Gas Project By 2040

Δευ, 21 Ιανουαρίου 2013 - 18:25

Russian oil producer TNK-BP, which is being taken over by state-controlled OAO Rosneft (ROSN.RS), said Monday it will invest $7 billion in its Rospan natural gas project by 2040.

Bulgaria's Construction of New Unit at Kozloduy NPP Must be Agreed with the EC

Δευ, 21 Ιανουαρίου 2013 - 12:41

The construction of a new unit at the Kozloduy NPP instead of the Belene NPP must be agreed with the European Commission, according to EU Energy Commissioner Gunther Oettinger.

Genel Energy Sees 2012 Revenue Ahead of Views at $330M

Παρ, 18 Ιανουαρίου 2013 - 18:02

Oil company Genel Energy PLC (GENL.LN) Friday said it expects 2012 revenue to be about $330 million, ahead of previous guidance, even though production for the full year 2012 was in line with guidance at 44,500 barrels of oil a day.

Italy's Snam Says Gas Imports from Algeria Return to Normal

Παρ, 18 Ιανουαρίου 2013 - 18:01

Snam SpA (SRG.MI), Italy's biggest natural gas grid and storage company by volume, Friday said gas imports from Algeria have returned to normal levels.

Schlumberger 4th-Quarter Net Falls 3.7% on Charges, Lower Europe Revenue

Παρ, 18 Ιανουαρίου 2013 - 18:01

Schlumberger Ltd.'s (SLB) fourth-quarter earnings fell 3.7% amid merger and integration costs and lower revenue from its Europe/Commonwealth of Independent States/Africa region.

Terrorists Who Attack US Interests Have No Place To Hide - Panetta

Παρ, 18 Ιανουαρίου 2013 - 18:01

"Terrorists" who attack U.S. interests have no place to hide, U.S. Defense Secretary Leon Panetta said Friday as fears grew for the dozens of foreigners taken hostage by Islamists at a gas plant in Algeria.

Azerbaijan Approves Law on TANAP Agreement with Turkey

Παρ, 18 Ιανουαρίου 2013 - 18:00

The Azerbaijani government Friday approved a law regarding the agreement with Turkey on the Trans-Anatolian natural-gas pipeline project.

Bulgaria: National Renewable Energy Action Plan

Παρ, 18 Ιανουαρίου 2013 - 15:17

The Council of Ministers approved a new version of Bulgaria’s National Renewable Energy Action Plan (NREAP) on January 9, 2013.

Iraq, Lukoil to Cut West Qurna-2 Oilfield Output Target 33%

Πεμ, 17 Ιανουαρίου 2013 - 17:17

The Iraqi oil ministry and OAO Lukoil Holdings (LKOH.RS) Thursday signed an amended contract to cut the production target from Iraq's West Qurna-2 oil field 33%, a senior Iraqi oil official said Thursday.

Trina Solar Supplies 61MW of Solar PV Modules for Green Tower Project In Brandenburg

Πεμ, 17 Ιανουαρίου 2013 - 17:16

Trina Solar Limited (NYSE:TSL) ("Trina Solar" or "the Company"), a global leader in photovoltaic modules, solutions and services, has supplied PV modules totaling 61MW for the Green Tower project in the German federal state of Brandenburg.

Major Libyan Oil Terminal Remains Closed, Exports Delayed

Πεμ, 17 Ιανουαρίου 2013 - 17:16

The Zueitina oil terminal in Libya remains shut, almost a month after demonstrators forced the closure of the major oil exporting hub, a shipping agent told Dow Jones Newswires Thursday.

Gazprom, Plinacro Sign Action Plan to Implement South Stream

Πεμ, 17 Ιανουαρίου 2013 - 14:22

Russia’s gas giant Gazprom and Croatia’s gas pipeline operator Plinacro have signed in Zagreb an action plan to implement the South Stream gas pipeline project.

Turkish President Ratifies Agreement on TANAP

Πεμ, 17 Ιανουαρίου 2013 - 11:59

President of Turkey Abdulla Gul ratified an intergovernmental agreement on implementation of the Transanatolian gas pipeline project (TANAP).

All Five Companies Included on Short List for DEPA Competition

Τετ, 16 Ιανουαρίου 2013 - 18:29

All five companies have been included in the short list of the contest for the privatization of Greek natural gas distributor, DEPA and the national grid operator, DESFA.

Saudi Cabinet to Review Power Grid Project With Egypt by Feb

Τετ, 16 Ιανουαρίου 2013 - 18:21

Saudi Arabia's cabinet will likely review next month a $1.5 billion project linking the power grids of the kingdom with Egypt, Saudi water and electricity minister Abdullah Al-Hussayen said Wednesday.