English Edition

Refinery Runs To Increase In Q3 From Previous Year -IEA

Refinery Runs To Increase In Q3 From Previous Year -IEA

Even accounting for faltering oil demand from China, global refinery runs in the period from July to September will be even greater this year than last, the International Energy Agency said in its monthly oil market report Friday.

Greek Regulator Sets Renewable Charge at 7,5 Euros per MWh

Greek Regulator Sets Renewable Charge at 7,5 Euros per MWh

The greek energy regulator (RAE) decided on Thursday to increase the renewable charge that electricity consumers have to pay through their bills, to 7.50 euros per MWh for the period between August 2012 and June 2013.

Iraq Resumes Kirkuk Oil Flow to Turkey

Iraq Resumes Kirkuk Oil Flow to Turkey

Iraq has resumed oil exports from the northern Kirkuk fields to the Mediterranean port of Ceyhan after a halt of three days, two Middle East shipping agents said Thursday.

BP, Total, Azerbaijans Socar To Fund TAP Gas Pipeline Project

BP, Total, Azerbaijan's Socar To Fund TAP Gas Pipeline Project

Plans for the Trans Adriatic Pipeline project, aimed to carry Caspian natural gas to Italy, received a boost Thursday, as the pipeline consortium said energy giants BP PLC (BP), France's Total SA (TOT) and Azerbaijan's state oil company Socar have agreed to fund the project.

Azerbaijan January-July Crude Output Down 6.5% On Year

Azerbaijan January-July Crude Output Down 6.5% On Year

Oil output in Azerbaijan fell 6.5% in the first seven months of 2012 compared with the year earlier period, to 25.9 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Thursday.

Greece, Italy agree to back the Trans-Adriatic Pipeline

Greece, Italy agree to back the Trans-Adriatic Pipeline

The Greek and Italian governments have agreed to back the Trans-Adriatic Pipeline (TAP), which could improve the project’s chances of winning a long contest to become the means of reducing Europe’s reliance on Russia by bringing in Azeri gas.

Greece Sets New Monthly PV Record in June

Greece Sets New Monthly PV Record in June

Ninety seven MW worth of photovoltaics were installed in Greece in June, thus setting a new monthly record for 2012. To date, the country has installed 724 MW.

Romania Jan-June Power Output Down 1.8% On Year

Romania Jan-June Power Output Down 1.8% On Year

Romanian energy output fell 1.8% on the year to 11.45 million metric tons of oil equivalent in the first six months, due to declining production in the hydropower and nuclear sectors, official data showed Wednesday, news agency Mediafax reports.

OMV: Need Most of 2012 To Regain Libya Production Reliability

OMV: Need Most of 2012 To Regain Libya Production Reliability

Austrian oil and gas company OMV AG (OMV.VI) will need most of the rest of the year to bring reliability back to its production levels in Libya, board member Jaap Huijskes said Wednesday at the company's 2012 first-half earnings conference.

Dozen Countries To Attend Tehran Meeting On Syria - Iran

Dozen Countries To Attend Tehran Meeting On Syria - Iran

A dozen countries are to attend a hastily called meeting in Tehran Thursday to discuss ways to end the violence in Syria, Iranian Foreign Minister Ali Akbar Salehi said, without saying who was coming.