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Romanian Transgaz 1H Net Profit Down 18% To RON210.3M

Τρι, 14 Αυγούστου 2012 - 12:53

Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO) Tuesday said its net profit fell 17.6% on the year to 210.3 million lei ($57.1 million) in the first half, due to higher costs, news agency Mediafax reports.

India Suzlon Stock Hits Record Low on Third Straight Quarterly Loss

Τρι, 14 Αυγούστου 2012 - 12:53

The once high-flying stock of Suzlon Energy Ltd. (532667.BY) fell to a record low of 16.35 rupees Tuesday morning, following a third straight quarterly loss reported late Monday.

Iran Confident Israel Won't Launch "Stupid" Attack

Τρι, 14 Αυγούστου 2012 - 12:53

Iran Tuesday said it is dismissing Israeli threats of an imminent attack against it, explaining that even some Israeli officials realized such a "stupid" act would provoke "very severe consequences."

Bulgaria’s 2011 Natgas Output Soars to 443 Mln Cu M, Imports up 6.0%

Τρι, 14 Αυγούστου 2012 - 11:56

Bulgaria's domestic production of natural gas last year reached 443 million cubic metres (cu m), compared to only 74 million cu m in 2010, data from the country's economy ministry showed.

Greek Energy Regulator Approves the Entry-Exit Tariffs for Access to the National Natural Gas System

Δευ, 13 Αυγούστου 2012 - 15:11

Further to the issuance by RAE of the Tariff Regulation in July 2012, RAE announces the approval of the tariffs for access to the National Natural Gas System (Transmission System and LNG Terminal) set by the TSO, in accordance with the provisions of article 88 of Law 4001/2011.

Iran Needs Higher Oil Price to Balance Budget - Mideast Institute

Δευ, 13 Αυγούστου 2012 - 15:08

Iran needs an oil price of $127 a barrel to balance its budget, amid increased spending needs among all oil producers, an influential Middle Eastern institute says.

China July Diesel Output 13.87 Mln Tons, Down 0.4% on Year

Δευ, 13 Αυγούστου 2012 - 15:08

China produced 13.87 million metric tons of diesel in July, down 0.4% compared with a year earlier, and 7.45 million tons of gasoline, up 10.1%, data from the National Bureau of Statistics showed Monday.

Japan July Power Output Down 1.4% On Year

Δευ, 13 Αυγούστου 2012 - 15:08

Electricity generated by Japan's 10 regional power utilities fell 1.4% on year in July to 81.78 billion kilowatt-hours as temperatures during the month trended a little lower than the previous year, resulting in lower demand for air conditioning, the Federation of Electric Power Companies said Monday.

Gazprom Neft Net Profit Up On Year On Higher Output And More Refining

Δευ, 13 Αυγούστου 2012 - 15:08

Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Monday that net profit for the first half increased 0.4% on last year to 78.7 billion Russian rubles ($2.47 billion), on the back of increased hydrocarbon production and higher oil-refining volumes.

E.ON's Debt Rises Nearly 13% But Is Expected To Fall In Rest Of 2012

Δευ, 13 Αυγούστου 2012 - 15:07

E.ON AG (EOAN.XE) Monday reported a near 13% increase in net debt in the first half of the year compared with the end of last year driven mainly by the company's investment program and dividend payments to shareholders.

Brent Crude Price Jumps On Iran Tensions, Stronger Euro

Δευ, 13 Αυγούστου 2012 - 15:07

Crude-oil futures rose Monday due to fears of supply disruptions following news reports out of Israel indicating possible escalation of tensions with Iran, and amid a stronger euro.

Iraq Confirms Kurds Pumping 116,000 Barrels A Day

Δευ, 13 Αυγούστου 2012 - 15:06

Iraq's semi-autonomous region of Kurdistan has been pumping 116,000 barrels of oil a day into the central government's export pipeline, a Baghdad government spokesman said Monday.

30% of the Electricity Consumed in Turkey is Produced by Hydroelectric Plants

Δευ, 13 Αυγούστου 2012 - 13:10

Thirty percent of the electricity consumed in Turkey in the first seven months of 2012 was produced by hydroelectric plants, Forest and Waterworks Minister Veysel Eroğlu said in a written statement yesterday.

Greece’s Power Generator Tests Euro Fitness Amid Blackout Threat

Δευ, 13 Αυγούστου 2012 - 13:02

In the mountains of northern Greece lies an $800 million power plant whose future may help determine whether the country can salvage its euro status.

Source Says Germany's RWE Presents Plan for up to 2,400 Job Cuts

Παρ, 10 Αυγούστου 2012 - 13:26

Management at Germany utility RWE AG (RWEOY, RWE.XE) presented plans for up to 2,400 additional job cuts at a Thursday board meeting, Reuters reported, citing a person familiar with the situation.

Cheniere Proceeding With LNG Export Facility in Louisiana

Παρ, 10 Αυγούστου 2012 - 13:26

Cheniere Energy Partners L.P. (CQP) is moving ahead with the construction of facilities to liquefy and export natural gas in Louisiana, bringing the U.S. one step closer to becoming a major exporter of the commodity.