English Edition

Power Restored in Cuba After Massive Outage

Δευ, 10 Σεπτεμβρίου 2012 - 18:07

Power was restored in Cuba early Monday after a massive outage caused by a malfunction in a high voltage power line cast much of the country into darkness for hours.

Saudi Keeps Oct Term Crude Volumes to Europe Unchanged

Δευ, 10 Σεπτεμβρίου 2012 - 18:07

Saudi Arabian Oil Co., or Saudi Aramco, has offered its European term lifters their full quota of supply in October, unchanged from September, buyers of Saudi crude in Europe told Dow Jones Newswires Monday.

Parliamentary Committee to Supervise Energy Regulator

Δευ, 10 Σεπτεμβρίου 2012 - 16:17

Parliament said it has adopted amendments that allow setting up an ad-hoc committee to supervise the work of the country's energy regulator.

The Giant Fuel Reactor for the Bulgaria's Burgas Refinery Arrives

Δευ, 10 Σεπτεμβρίου 2012 - 13:55

The giant fuel reactor for the Lukoil Neftochim refinery has successfully reached the facility Saturday evening after being transported for two days in Bulgaria's Black Sea city of Burgas.

Bosnia's Serb Republic Plans to Sign South Stream Agreement with Russia on September 20

Παρ, 7 Σεπτεμβρίου 2012 - 17:24

Bosnia's Serb Republic President Milorad Dodik said a memorandum on the construction of the South Stream natural gas pipeline leg through the Republic will be signed with Russia on September 20 in the Black Sea resort of Sochi, news agency Srna reported.

Romania Jan-July Power Output Falls 2% On Year

Παρ, 7 Σεπτεμβρίου 2012 - 17:22

Romanian energy output decreased 2% on the year to 13.32 million metric tons of oil equivalent in the first seven months, on falling production in the hydropower and nuclear sectors, news agency Mediafax said citing official data Friday.

Iran Says Any US Oil Stocks Release May Be Politically Motivated

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

A release of U.S. stockpiled oil--if it happens--may be driven by electoral considerations, not market needs, as there isn't a supply shortage, a top Iranian official said Friday.

Azerbaijan January-August Crude Output Down 7.6% On Year

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

Oil output in Azerbaijan fell 7.56% in the first eight months of 2012 compared with the same period the year before, to 29.3 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Friday.

Oil Firms Show Record Interest in Mature Areas Offshore Norway

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

A record number of oil companies have applied for production licenses in mature areas offshore Norway, the country's Ministry of Petroleum and Energy said Friday.

Park Elektrik Applies for Natural Gas Plant in Edirne, Turkey

Παρ, 7 Σεπτεμβρίου 2012 - 13:00

In a filing submitted to the Public Disclosures Platform yesterday, Park Elektrik has applied to the Energy Market Regulatory Authority for a license to establish a natural gas power plant in Edirne, which has 447 MW installed capacity.

U.S. Government Says 49% of Gulf Oil, 26% of Natural-Gas Output Shut In

Πεμ, 6 Σεπτεμβρίου 2012 - 17:08

Less than half of the oil production in the U.S. Gulf of Mexico's federal waters remained shut Wednesday as producers continue to restart operations following Hurricane Isaac.

PdVSA Sees Repaying $1.76 Billion Eni Loan in No More Than Three Years

Πεμ, 6 Σεπτεμβρίου 2012 - 17:07

State energy company Petroleos de Venezuela SA, or PdVSA, will likely be able to repay a $1.76 billion loan from Italy's Eni SpA (E, ENI.MI) in no more than three years, a Venezuelan official said Wednesday.

Mediterranean Oil & Gas to Sell Large Chunk of Italian Assets

Πεμ, 6 Σεπτεμβρίου 2012 - 17:07

Mediterranean Oil & Gas PLC (MOG.LN) said Thursday it has agreed to sell a large chunk of its onshore Italy gas production assets and exploration permits to Canoel International Energy Ltd. (CIL.V).

Saudi Aramco, Total Refinery on Schedule -CEO

Πεμ, 6 Σεπτεμβρίου 2012 - 17:06

A $14 billion refinery being built in the east of Saudi Arabia by a joint venture bewteen Saudi Arabian Oil Co. and France's Total S.A. (TOT) is expected to start operations as planned next year, the company's top executive said.

Germany Should Impose Strict Conditions On Hydraulic Fracturing

Πεμ, 6 Σεπτεμβρίου 2012 - 17:06

Germany should impose strict environmental conditions on hydraulic fracturing--a technology used to extract unconventional natural gas deposits such as shale gas--due to concerns that this production method can contaminate ground water, a study commissioned by the country's environment ministry said Thursday.

EU Investigation Offers Meager Lifeline For Ailing Solar Industry

Πεμ, 6 Σεπτεμβρίου 2012 - 17:06

The European Commission said Thursday it will investigate whether Chinese makers of solar equipment are illegally pushing their products into Europe, a move that could escalate growing trade tensions between the European Union and China.