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Turkey at the Last Phase of Selecting a Firm for the Second NPP

Turkey at the Last Phase of Selecting a Firm for the Second NPP

Turkey has arrived at the last phase of selecting a firm for the second nuclear power plant that will be constructed in the Black Sea province of Sinop, with the competition split between frontrunners between China, Japan and South Korea.

Wind Energy Reaches 1746 MW in Greece in 2012

Wind Energy Reaches 1746 MW in Greece in 2012

Wind energy installations in Greece reached 1746 MW after the end of 2012, according to the statistics of the Hellenic Wind Energy Association (ELETAEN). Of those, 1461,4 MW are installed in the interconnected grid, while another 284,6 MW are installed in the Greek islands.

EIA: US Could Be Worlds Biggest Liquid Fuel Producer By 2014

EIA: US Could Be World's Biggest Liquid Fuel Producer By 2014

Total U.S. production of liquid fuels could equal or surpass Saudi Arabia as early as next year, but crude oil production will remain short of that in the Middle Eastern energy giant, said the chief of the U.S. Energy Information Administration.

Spains Iberdrola: Three New Wind Parks In US Now Open

Spain's Iberdrola: Three New Wind Parks In US Now Open

Spanish energy group Iberdrola began operating three new wind parks in the U.S. Tuesday, the company said, a move that strengthens its position as the number two renewable energy operator in the country.

Algeria Hostage-takers Aided By Libyan Islamists

Algeria Hostage-takers Aided By Libyan Islamists

Militants who seized an Algerian gas plant before they were killed in a bloodbath received logistical aid from Islamists in Libya, a well-informed source told AFP Tuesday

EUs Oettinger: Will Take Close Look at German Renewable Energy Law

EU's Oettinger: Will Take Close Look at German Renewable Energy Law

European Union energy commissioner Guenther Oettinger Tuesday said the EU will take a closer look at Germany's renewable energy law to check whether certain exemptions of German power price levies are compatible with European state aid regulations.

Chevron Signs Agreement for Exploration Areas Offshore Morocco

Chevron Signs Agreement for Exploration Areas Offshore Morocco

Chevron Corporation (NYSE:CVX) announced that its subsidiary, Chevron Morocco Exploration Ltd, signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas.

Rosneft CEO Sees Market Cap at $120 Billion

Rosneft CEO Sees Market Cap at $120 Billion

Russian oil giant OAO Rosneft's (ROSN.RS) market capitalization could be a third higher if markets improve and the company works more effectively, Chief Executive Igor Sechin told President Vladimir Putin Tuesday, Russian news agencies report.

CNPC Processed 147 Mln Tons Crude in 2012 -SASAC

CNPC Processed 147 Mln Tons Crude in 2012 -SASAC

China National Petroleum Corp. processed 147 million metric tons of crude oil last year, the State-owned Assets Supervision and Administration Commission said Monday.

Iraq Finds Extra Billion Barrels of Oil -Ministry

Iraq Finds Extra Billion Barrels of Oil -Ministry

Iraq said Sunday it has discovered deposits of crude, equivalent to one billion barrels of oil after the first exploration work by state-owned firms in almost 30 years.

Iraq Oil Sales Dip Last Month But Income Up in 2012

Iraq Oil Sales Dip Last Month But Income Up in 2012

Iraq's oil exports in December fell due to bad weather and a dispute with the Kurdish region, but the country still saw sharply higher income last year compared with 2011, new figures showed Monday.

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

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

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

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

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.