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Balance Shifts As Iraq Oil Output Surpasses Irans

Balance Shifts As Iraq Oil Output Surpasses Iran's

Δευ, 20 Αυγούστου 2012 - 13:50

Iraq has reclaimed its place as the second-largest oil producer in the Organization of Petroleum Exporting Countries, overtaking Iran for the first time in 24 years and shifting the balance of power in the group.

Chevron, Shell Swap Australian Natural Gas Assets

Chevron, Shell Swap Australian Natural Gas Assets

Δευ, 20 Αυγούστου 2012 - 13:49

Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSB) agreed Monday to swap stakes in two multibillion dollar natural gas projects in Australia, betting on the country's ability to feed Asia's growing energy demand just as competition from Africa and North America intensifies.

Nabucco Still in the Running for Azeri Pipeline -SOCAR exec

Nabucco Still in the Running for Azeri Pipeline -SOCAR exec

Δευ, 20 Αυγούστου 2012 - 11:37

The Nabucco project still has a chance of winning the contest to transport Azerbaijan gas to European countries, even after a rival consortium signed a funding deal, an executive of Azerbaijan's state oil firm said on Sunday.

Albania Will Sign TAP Gas Project Deal with Greece and Italy

Albania Will Sign TAP Gas Project Deal with Greece and Italy

Δευ, 20 Αυγούστου 2012 - 10:10

Albanian state news agency ATA reports Minister of Foreign Affairs, Edmond Panariti, as saying at a news conference that Albania, Italy and Greece will sign a high level accord to clearly demonstrate the political support for the Trans-Adriatic Pipeline (TAP) as a way to increase the chances for getting the building of the Southern Gas Corridor from the Azerbaijan's Shah Deniz gas fields approved.

Leviathan Partners in Talks with Foreign Gas Giants

Leviathan Partners in Talks with Foreign Gas Giants

Δευ, 20 Αυγούστου 2012 - 10:09

Delek Group Ltd's oil and gas exploration units Avner Oil and Gas LP and Delek Drilling LP reported progress in bringing in a new strategic partner to the Leviathan field, which they jointly own with Noble Energy Inc. and Ratio Oil Exploration (1992) LP.

Further Japan Reactor Restarts Unlikely In 2012

Further Japan Reactor Restarts Unlikely In 2012

Παρ, 17 Αυγούστου 2012 - 14:04

A just-restarted reactor at a nuclear plant in Fukui Prefecture will likely be the last one in Japan to resume commercial operations this year, the Nikkei reported in its Friday morning edition.

North Korea Could Produce Dozens More Nuclear Weapons

North Korea Could Produce Dozens More Nuclear Weapons

Παρ, 17 Αυγούστου 2012 - 14:04

North Korea could build an arsenal of up to 48 nuclear weapons, several times more than it has now, if the communist state were able to step up its program unchecked, a U.S. think tank said Thursday.

Japan Govt To Ramp Up Biomass Power Generation By 2020

Japan Govt To Ramp Up Biomass Power Generation By 2020

Πεμ, 16 Αυγούστου 2012 - 14:04

The Japanese government wants biomass resources to account for roughly 5% of all power consumed by households throughout Japan by 2020, from approximately 0.3% at present, he Nikkei reported in its Thursday evening edition.

South Koreas July LNG Imports Rise 22.5% on Year

South Korea's July LNG Imports Rise 22.5% on Year

Πεμ, 16 Αυγούστου 2012 - 14:03

South Korea's imports of liquefied natural gas in July rose 22.5% from a year earlier to around 2.76 million metric tons, according to data released Thursday by the Korea Customs Service.

China Surpasses US in Connected Wind-Power Capacity -SASAC

China Surpasses US in Connected Wind-Power Capacity -SASAC

Πεμ, 16 Αυγούστου 2012 - 14:03

China has surpassed the U.S. to become the country with the largest amount of wind power connected to its electricity grids, State-owned Assets Supervision and Administration Commission said on its website Thursday, citing State Grid Corp.

EU Seeks Progress in Doha on Global CO2 Market

EU Seeks Progress in Doha on Global CO2 Market

Πεμ, 16 Αυγούστου 2012 - 11:56

There needs to be a decision adopting core rules for a global voluntary carbon market at the climate change convention in Doha at the end of this year, Cyprus and the European Commission have said.

Saudi Aramco Computers Hit by Virus

Saudi Aramco Computers Hit by Virus

Πεμ, 16 Αυγούστου 2012 - 11:45

Saudi Aramco said its computer systems had been shut down by a virus late on Wednesday, but it added that production had not been affected, according to a report.

Romania Transelectrica Net Profit Falls To RON22.6M In 1H

Romania Transelectrica Net Profit Falls To RON22.6M In 1H

Τρι, 14 Αυγούστου 2012 - 12:54

Romanian state-run power grid operator Transelectrica (TEL.RO) Tuesday said its net profit dropped 87.4% on the year to 22.58 million lei ($6.13 million) in the first half, hit by higher costs, news agency Mediafax reports.