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Iraq Names New Deputy Oil Minister, North Oil Co Chief

Τρι, 8 Ιανουαρίου 2013 - 18:10

Iraq has named a new deputy oil minister, replacing an oil official who had been in the job since after the U.S.-led invasion in 2003, Iraqi oil officials in Baghdad said Tuesday.

GDF Suez-led Consortium Wins Kuwait's Water, Power Contract

Τρι, 8 Ιανουαρίου 2013 - 18:09

French gas major GDF Suez SA (GSZ.FR) said Tuesday its consortium has secured a contract to build and operate the much-delayed Zour north independent water and power project in Kuwait.

Egypt Lifts Anti-Dumping Fess on Saudi Polypropylene Exports

Τρι, 8 Ιανουαρίου 2013 - 18:09

Egypt has decided to lift anti-dumping fees on polypropylene imports from Saudi Arabia as the measure was against its public interest, Saudi Arabia's deputy oil minister Prince Abdul-Aziz bin Salman said in remarks published Tuesday.

EIA: US Dry Natural Gas Output up 1.9% on Year in October to Record

Τρι, 8 Ιανουαρίου 2013 - 18:09

U.S. dry natural gas output rose 1.9% in October from a year earlier to a high of 2.058 trillion cubic feet, the Energy Information Administration said late Monday.

Exxon Sets $14 Billion Canadian Oil Project

Δευ, 7 Ιανουαρίου 2013 - 19:00

ExxonMobil Corp. will spend $14 billion to develop the Hebron oil field off the shore of eastern Canadian province Newfoundland and Labrador, a project it expects to yield 700 million barrels of oil, the company said Friday.

China Starts Construction On 200-Megawatt Nuclear Power Project

Δευ, 7 Ιανουαρίου 2013 - 18:59

China has started construction of a 200-megawatt nuclear power project in the coastal city of Rongcheng, the official Xinhua news agency said Monday, citing a statement by its builder and eventual operator.

Iraq December Oil Exports Down 11% On Month

Δευ, 7 Ιανουαρίου 2013 - 18:59

Iraq's crude oil exports in December fell by 11% because of bad weather in southern oil export terminals and suspension of exports from the Kurdistan region in northern Iraq, people familiar with the State Oil Marketing Organization, or SOMO, said Monday.

Israel's Isramco Seeks to Buy ATP's Rights in Local Gas Reserve

Δευ, 7 Ιανουαρίου 2013 - 18:59

Israeli energy exploration company Isramco Negev 2 Ltd. Partnership (ISRA.L.TV) said Monday that it has submitted a court petition to buy the rights of its partner, Houston-based ATP Oil and Gas Corp. (ATPAQ), in Israel's offshore Shimshon natural gas field for 150 million shekels ($39.7 million).

French Government Decides Emergency Measures For Solar Projects

Δευ, 7 Ιανουαρίου 2013 - 18:58

The French government Monday announced a series of "emergency measures" designed to boost solar projects and add 1,000 megawatts of power production capacities this year.

Cyprus To Discuss Energy Search With Lebanon

Δευ, 7 Ιανουαρίου 2013 - 18:58

Cyprus President Demetris Christofias will pay an official visit to Lebanon on Thursday to discuss the prospect of cooperation in the exploitation of offshore oil and gas.

Bulgarian Section of Gas Interconnector with Serbia To Cost 48 Mln Euro

Δευ, 7 Ιανουαρίου 2013 - 12:23

The Bulgarian section of the gas interconnector with neighbouring Serbia will cost 48 million euro ($62.9 million), Bulgaria's deputy economy and energy minister said.

Turkey’s Leading Oil Refiner Tupras Will Keep Oil Trade Secret

Δευ, 7 Ιανουαρίου 2013 - 12:18

Tüpraş, Turkey’s leading oil refiner and crude exporter, has asked the state-run Turkish Statistical Institute (TÜİK) to keep data on crude imports from Iran secret due to the U.S. embargo on the Iranian fuel trade, Reuters claimed yesterday from an anonymous source.

Repsol to Sue Argentina's Bridas on YPF Shale Investment

Παρ, 4 Ιανουαρίου 2013 - 18:01

Repsol SA (REP.MC) will sue an Argentine company for signing a deal to develop shale oil and gas resources with its nationalized local unit YPF SA (YPF, YPFD.BA), a spokesman for the Spanish oil company said Friday. The spokesman said Repsol told Bridas International SA in a letter sent Jan. 2 that the Spanish firm would sue it for unlawful competition under Spanish law for partnering with YPF