1. English Edition

English Edition

Hungarys MOL Continues to Withhold Funding for Nabucco

Hungary's MOL Continues to Withhold Funding for Nabucco

Πεμ, 20 Σεπτεμβρίου 2012 - 17:44

Hungarian energy group MOL Nyrt. (MOL.BU) is still withholding financing from the Nabucco natural gas pipeline venture and is ready to see its share in the implementation consortium reduced, the company said Thursday.

Novatek CEO: Gazprom Has Not Cut Gas Purchases

Novatek CEO: Gazprom Has Not Cut Gas Purchases

Πεμ, 20 Σεπτεμβρίου 2012 - 17:43

Russia's OAO Gazprom (GAZP.RS) has not followed through on a warning to cut natural gas purchases from OAO Novatek (NVTK.RS), the country's biggest independent gas producer, Novatek Chief Executive Leonid Mikhelson said Thursday, Russian newswires reported.

Eni Makes Significant Gas Discovery Onshore Pakistan

Eni Makes Significant Gas Discovery Onshore Pakistan

Τετ, 19 Σεπτεμβρίου 2012 - 17:58

Italian energy group Eni SpA (E) said Wednesday it has made a significant gas discovery onshore Pakistan, located in the Khirtar Fold Belt region, 350 kilometers north of Karachi.

Shell Expects To Meet Iraq Oil Field Target Despite Setbacks

Shell Expects To Meet Iraq Oil Field Target Despite Setbacks

Τετ, 19 Σεπτεμβρίου 2012 - 17:58

Royal Dutch Shell PLC (RDSB.LN) said Wednesday its Majnoon oil field in Iraq is still likely to meet a key production target by the end of this year, despite a series of setbacks that have hampered its development.

Japan Eyes Creating LNG Futures Market

Japan Eyes Creating LNG Futures Market

Τετ, 19 Σεπτεμβρίου 2012 - 17:58

Japan's industry minister said Wednesday that Japan will launch a study this fall on setting up a futures trading market for liquefied natural gas to secure LNG at lower prices, amid increased demand in the country following the nuclear crisis at the Fukushima Daiichi plant, Kyodo News reported.

Chevron Unveils New Discovery Off Coast of Australia

Chevron Unveils New Discovery Off Coast of Australia

Τετ, 19 Σεπτεμβρίου 2012 - 17:57

Chevron Corp. (CVX) unveiled another natural-gas discovery in the Gorgon area off the coast of Australia, adding to signs that the oil major may be able to expand its liquefied-natural gas project in the region.

Tokyo Electric in Advanced Talks to Buy North American LNG Supplies-Reuters

Tokyo Electric in Advanced Talks to Buy North American LNG Supplies-Reuters

Τρι, 18 Σεπτεμβρίου 2012 - 19:19

Tokyo Electric Power Co. (9501.TO) is in advanced talks to purchase liquefied natural gas supplies from North America to help defray high import prices as the country moves to phase out its reliance on nuclear power, Reuters reported Tuesday, citing company officials.

EU Lawmakers Agree Push for Greater Transparency from Resource Firms

EU Lawmakers Agree Push for Greater Transparency from Resource Firms

Τρι, 18 Σεπτεμβρίου 2012 - 19:18

European Union lawmakers have agreed to push for stringent new rules requiring oil and mining companies to report in greater detail the payments they make to foreign governments, setting the bloc on track to match similar rules adopted recently in the U.S.

Libyans See al Qaeda Hand in Embassy Attack

Libyans See al Qaeda Hand in Embassy Attack

Δευ, 17 Σεπτεμβρίου 2012 - 18:19

The head of Libya's new national congress has blamed al Qaeda-linked militants for planning Tuesday's deadly attack on the U.S. Consulate in the eastern Libyan city of Benghazi, raising further questions about the motive behind the mayhem that killed four Americans.