English Edition

Qatar Considering US Shale Gas Investment With Local Partners

Τρι, 13 Νοεμβρίου 2012 - 18:15

Qatar is seriously considering non-conventional gas investment opportunities in the U.S with its major partners, a top energy official from the Gulf nation said Tuesday.

BP Agrees $325 Million Settlement with Russian Partners

Τρι, 13 Νοεμβρίου 2012 - 18:14

BP PLC (BP.LN) has agreed to pay its partners in the TNK-BP joint venture $325 million as part of a wide-ranging settlement deal announced earlier Tuesday, a person familiar with the matter said.

Gunvor Looks East, Appoints Head of Development for Asia

Τρι, 13 Νοεμβρίου 2012 - 18:14

Cyprus-based trading house Gunvor Group is looking to enhance its growth in Asia with the appointment of Julien La Chon as head of development for the region, a source close to Gunvor told Dow Jones Newswires Tuesday.

Gazprom, Slovenia Sign Deal on South Stream Pipeline Stretch

Τρι, 13 Νοεμβρίου 2012 - 13:15

Russian energy giant Gazprom and Slovenia have signed a final deal to build the Slovenian stretch of the South Stream gas pipeline, Gazprom said in a statement on Tuesday.

Exxon PNG Gas Project Cost Blows Out To US$19 Billion

Δευ, 12 Νοεμβρίου 2012 - 15:31

Exxon Mobil Corp. (XOM), the world's largest listed oil company, said Monday that the cost of building a massive natural gas-export project in Papua New Guinea has blown out to US$19 billion from a previous estimate of US$15.7 billion.

Gulf States & Saudi Will Cover For Any Oil Mkt Shortages

Δευ, 12 Νοεμβρίου 2012 - 15:30

Saudi Arabian oil minister Ali al Naimi reiterated Sunday that the kingdom, along with its Persian Gulf neighbors, will step up to cover any shortages in the world oil markets.

Iraq to Invest Up to $150B to Boost Oil Output Capacity

Δευ, 12 Νοεμβρίου 2012 - 15:30

Iraq could spend up to $150 billion on projects to expand its crude production capacity to more than 12 million barrels a day, the country's oil minister said in remarks published Monday.

IEA Says Europe Electricity Price Seen 50% Higher Than US in 2030

Δευ, 12 Νοεμβρίου 2012 - 15:30

Electricity prices in Europe are likely to be 50% higher in Europe than in the U.S. in 2030 as many countries in the region opted to reduce nuclear capacity, which will boost consumption of natural gas, coal and renewable energies, Le Monde newspaper reported citing the International Energy Agency's chief economist Fatih Birol.

EU Doesn't Consider South Stream Pipeline Has Final Investment Decision

Δευ, 12 Νοεμβρίου 2012 - 15:29

The European Union's executive body questioned Monday Russia's state-run energy giant Gazprom's (GAZP.RS) announcement last week that it had taken a final investment decision to build South Stream, a planned natural gas pipeline from Russia to Europe.

EU Recommends Freezing Aviation-Emission Plan for a Year

Δευ, 12 Νοεμβρίου 2012 - 15:29

The European Union's executive body recommended Monday freezing for one year implementation of a program that will require airlines to hold permits to cover their greenhouse-gas emissions.

Greece to Hold Oil, Gas Licensing Round in First Half of 2014

Δευ, 12 Νοεμβρίου 2012 - 14:57

Greece plans to hold a licensing round for the exploration of oil and natural gas in the Ionian Sea and south of the island of Crete in the first half of 2014, the energy ministry said.

The 2nd Cyprus Energy Symposium to Focus on the Business Opportunities Stemming From the Latest Hydrocarbon Discoveries in East Mediterranean

Παρ, 9 Νοεμβρίου 2012 - 18:09

The Institute of Energy for SE Europe (IENE), in co-operation with the Nicosia based media company FMW - Financial Media Way, is organizing the 2nd Cyprus Energy Symposium, on March 14-15, 2013, in the capital of Cyprus at the Cyprus Hilton Hotel. Following the successful 1st Cyprus Energy Symposium, which took place last January, the 2nd Symposium will focus on the «Energy Resources of Cyprus and the New Situation in Eastern Mediterranean»

China October Electricity Output 389.8 Bln KWh, up 6.4% On Year

Παρ, 9 Νοεμβρίου 2012 - 17:26

China's electricity output in October totaled 389.8 billion kilowatt hours, up 6.4% compared with the same period last year, data from the National Bureau of Statistics showed Friday.