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Rosneft CEO Sechin: Never Considered Buying TNK-BP

Rosneft CEO Sechin: Never Considered Buying TNK-BP

Παρ, 1 Ιουνίου 2012 - 18:28

Russian state-owned oil champion Rosneft never considered buying BP PLC's (BP) assets in Russian venture TNK-BP (TNBP.RS), Rosneft's Chief Executive Igor Sechin said, Interfax reported Friday.

OPEC Sees No Need To Cut After Price Drops Below $100

OPEC Sees No Need To Cut After Price Drops Below $100

Παρ, 1 Ιουνίου 2012 - 18:28

OPEC producers, including from the Gulf, said Friday they saw no immediate need to cut production despite oil prices dropping below $100 a barrel--the price the organization sees as ideal.

Brent Below $100/Bbl, Could Fall Another $25, Say Analysts

Brent Below $100/Bbl, Could Fall Another $25, Say Analysts

Παρ, 1 Ιουνίου 2012 - 18:27

Brent crude oil prices Friday dropped below the key $100 a barrel level and could fall by up to another $25 a barrel in the next few weeks if the sour sentiment in broader markets continues, analyst and brokers said.

UK Interested in North Stream Gas - Putin

UK Interested in North Stream Gas - Putin

Παρ, 1 Ιουνίου 2012 - 16:24

Britain and the Scandinavian countries have expressed an interest in deliveries of Russian gas via the North Stream pipeline system in the Baltic, Russian President Vladimir Putin said on Friday during talks with Germany's Chancellor Angela Merkel.

BP May Sell its Stake in TNK-BP

BP May Sell its Stake in TNK-BP

Παρ, 1 Ιουνίου 2012 - 15:12

BP is looking to sell its stake in its UK-Russian joint venture TNK-BP after being approached by a potential buyer.

IENE «6th SEEED» Highlighted the Major Energy Investment Challenges in SE Europe

IENE «6th SEEED» Highlighted the Major Energy Investment Challenges in SE Europe

Παρ, 1 Ιουνίου 2012 - 13:24

The challenges , investment opportunities and the necessary changes across the energy sector were discussed yesterday on the first day of the «6th South East Europe Energy Dialogue» (6th SEEED), organized by the Institute of Energy for South East Europe (IENE), in cooperation the World Energy Council.

China Industry Group Says Wind Tower Tariffs May Hurt U.S. Industry

China Industry Group Says Wind Tower Tariffs May Hurt U.S. Industry

Πεμ, 31 Μαΐου 2012 - 14:32

A Chinese industry group said Thursday that a U.S. decision to impose tariffs on Chinese wind-turbine towers will have a "negative effect" on related U.S. industries and is an attempt to conceal that U.S. tower manufacturers aren't competitive.

Computer Virus Briefly Hits Iran’s Oil Industry

Computer Virus Briefly Hits Iran’s Oil Industry

Πεμ, 31 Μαΐου 2012 - 10:58

Iran’s key oil industry was briefly affected by the powerful computer virus known as "Flame" that has unprecedented data-snatching capabilities and can eavesdrop on computer users, a senior Iranian military official said Wednesday, APA reports quoting .

Libya State Seizes Turkish Assets in the Country

Libya State Seizes Turkish Assets in the Country

Πεμ, 31 Μαΐου 2012 - 10:54

Libyan authorities have seized the assets of 338 names, including Turkish companies and individuals, and frozen all transactions, daily Hürriyet reported.

Kashagan First Phase Will Cost $48B Up 20% On Initial Estimate

Kashagan First Phase Will Cost $48B Up 20% On Initial Estimate

Τρι, 29 Μαΐου 2012 - 14:05

The first phase of the development of the Kashagan oil field in the Caspian Sea offshore Kazakhstan is expected to now cost $48 billion--20% more than originally estimated, due to inflation and unfavorable foreign exchange rates as well as the technical complexity of the whole project, French business daily Les Echos reports Tuesday, citing unspecified sources.

Greeces DEPA: Southeast Med Gas Challenges Shah Deniz

Greece's DEPA: Southeast Med Gas Challenges Shah Deniz

Τρι, 29 Μαΐου 2012 - 10:41

Cyprus and Israel should move fast to be the first to secure the lucrative southeast Europe gas market, the head of Public Gas Corporation of Greece DEPA told New Europe on 28 May.