English Edition

Colombia's January Oil Output Surpasses 1 Million-Barrel-a-Day Mark

Τρι, 5 Φεβρουαρίου 2013 - 18:14

Colombia said it produced an average of 1.01 million barrels of oil per day in January, marking the first time that average crude output for a month surpassed the one million-barrel mark that the government had set as a target for the country's oil industry.

Russia Sees Gasoline Prices Rising 13%-14% in 2013

Τρι, 5 Φεβρουαρίου 2013 - 18:14

Gasoline and diesel prices in Russia will increase on average 13%-14% in 2013, Russian newswires cited Energy Ministry Alexander Novak as saying Tuesday.

EU Clears UK GBP600M Green Deal Aid for Energy Efficiency

Τρι, 5 Φεβρουαρίου 2013 - 18:13

The European Union's antitrust authorities cleared Tuesday the 600 million pound ($943 million) aid that the U.K. is giving to private companies to boost investments and improve the energy efficiency of buildings.

Iran Danger Threatens Israel's Existence, World Peace - Peres

Τρι, 5 Φεβρουαρίου 2013 - 18:13

Israeli President Shimon Peres said Tuesday that the threat of a nuclear-armed Iran was growing under the "terrifying dictatorship" ruling the Islamic republic.

ENTSO-E Announces Upgrade in the Transfer of Electricity From Turkey to Europe and Vice-Versa

Τρι, 5 Φεβρουαρίου 2013 - 17:09

The ENTSO-E Regional Group Continental Europe at its plenary meeting of 17th April 2013 has decided the increase of the transfer capacity to/from Turkey as follows:

Electric Cars Head Toward Another Dead End

Τρι, 5 Φεβρουαρίου 2013 - 00:23

Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time - and may never be.

German Economics Ministry Criticizes Energy Minister's Plan

Δευ, 4 Φεβρουαρίου 2013 - 16:49

Germany's economics ministry Sunday said government plans to cap a rise in household electricity prices aren't far-reaching enough, signaling major obstacles within Chancellor Angela Merkel's own center-right coalition if the legislation is to become law before the general election.

For BP, The Cleanup Isn't Entirely Over

Δευ, 4 Φεβρουαρίου 2013 - 16:49

As BP PLC gears up to report on Tuesday on its performance in the last quarter of 2012, it appears on the surface at least that the oil giant has much to cheer after a difficult 2 1/2 years.

Iraq Oil Exports Down For Second Running Month

Δευ, 4 Φεβρουαρίου 2013 - 16:49

Bad weather at southern export terminals and an explosion at an export pipeline in the north hit Iraq's crude oil exports in January, people familiar with the State Oil Marketing Organization, or SOMO, said Sunday.

Sinopec Spends CNY30 Bln a Year to Improve Fuel Quality

Δευ, 4 Φεβρουαρίου 2013 - 16:48

China Petrochemical Corp., known as Sinopec Group, is spending around 30 billion yuan ($4.8 billion) a year to improve the quality of its oil products, state television reported citing the group's chairman.

Eni Sees 2013 Algeria Gas Output Up After New Gas Field Start

Δευ, 4 Φεβρουαρίου 2013 - 16:48

Eni SpA (E), Italy's biggest energy company by market value, Monday said it has started natural gas production from the Menzel Ledjmet East field in Algeria, and predicts the development will boost its daily output to 100,000 barrels of oil equivalent this year in the North African country.