Rise of Global LNG Challenges Gas Monopolies Δευ, 27 Αυγούστου 2012 - 16:55 Liquefied natural gas (LNG) is now the fastest growing fuel in the world and spurred by new discoveries is set to challenge decades-old monopolies of traditional oil and gas powers in the Middle East or Europe.
Bulgarian Govt Unlikely to Yield to Demands to Cut Natgas Excise Δευ, 27 Αυγούστου 2012 - 16:55 Bulgaria's Finance Ministry is not likely at this point to heed calls for the reduction of the excise duty on natural gas, newspaper Capital Daily reported on Thursday, quoting sources close to the incumbents.
Tanker Traffic in Straits Slows Δευ, 27 Αυγούστου 2012 - 13:06 Tanker traffic in the Bosphorus and Çankakkale straits has eased due to both a slowdown in the global economy and the Baku-Tbilisi-Ceyhan pipeline, which was constructed in 2006.
Cyprus Sees Large Gas Signature Bonuses Παρ, 24 Αυγούστου 2012 - 12:20 Cyprus plans to collect as much as 300 million euros ($374 million) in signature bonuses from energy companies that have bid to explore for natural gas off the Mediterranean island’s south coast.
Five Things to Know About Mitt Romney’s Energy Plan Παρ, 24 Αυγούστου 2012 - 12:18 On Thursday in New Mexico, Mitt Romney is unveiling his latest energy plan (pdf). It’s easy enough to summarize: He wants North America to achieve energy independence by 2020. “North America is the fastest-growing oil and gas producing region in the world,” the plan notes. And Romney wants it to grow even faster.
First Solar to Develop Solar Farms in India Παρ, 24 Αυγούστου 2012 - 12:15 First Solar Inc. (FSLR) is planning to expand in India, developing solar farms to meet the nation's increasing need for energy, Bloomberg reports Thursday.
Japan Econ Min Furukawa: Support Zero Nuclear Power Policy Due To Fukushima Disaster Παρ, 24 Αυγούστου 2012 - 12:15 Japan's economy minister on Friday repeated his view that the country should end its reliance on nuclear power.
Hungary Shrugs Off Concerns on South Stream Participation Παρ, 24 Αυγούστου 2012 - 12:14 Concerns that the Russian-backed South Stream natural gas pipeline will bypass Hungary are unfounded, business daily Napi Gazdasag reports Friday citing a the Devlopment Ministry.
Bulgarian Power Market Bemoans Political Appointments Παρ, 24 Αυγούστου 2012 - 10:40 Bulgarian power traders remain unconvinced that a management change at state-owned power utility NEK will lead to meaningful and positive developments in the market.
Bulgargaz Will Consider the Option of Keeping Natural Gas Rates Unchanged Παρ, 24 Αυγούστου 2012 - 10:22 State-owned gas company Bulgargaz will consider the option of keeping natural gas rates in Q4, 2012 the same as in the previous quarter, according to a media statement of the company.
Petromanas Energy Updatew its Ongoing Drilling Program in Albania Παρ, 24 Αυγούστου 2012 - 10:21 Petromanas Energy Inc. provided an operational update on its ongoing drilling program in Albania. The Company spud the Shpirag-2 well located on Blocks 2-3 onshore Albania on June 30, 2012. Drilling of the well continues and the Company has set surface casing to a depth of 1,057 metres and the intermediate hole has reached a depth of approximately 2,200 metres
North Korea's Ceremonial Head of State to Attend Non-Aligned Movement Summit Πεμ, 23 Αυγούστου 2012 - 13:35 North Korea's ceremonial head of state Kim Yong Nam will attend a summit of the Non-Aligned Movement in Tehran next week, the official news agency said Thursday.
Romney Sees More Oil Drilling on US Land and Offshore Πεμ, 23 Αυγούστου 2012 - 13:34 White House hopeful Mitt Romney will unveil an energy plan Thursday that would empower U.S. states to control drilling on federal lands.
Genel Energy Buys Large Exploration Stakes Offshore Malta, Morocco Πεμ, 23 Αυγούστου 2012 - 13:34 Genel Energy PLC (GENL.LN), an oil company, primarily focused on the Kurdistan region of Iraq, Thursday announced that it has expanded its exploration acreage after acquiring large stakes in two licenses, offshore Morocco and offshore Malta.
Korea Real Time: Iranian Crude Imports: Not Quite Zero Πεμ, 23 Αυγούστου 2012 - 13:33 Imports of Iranian crude oil to South Korea were suspended in July as a result of EU sanctions, which cut off insurance for tankers carrying Iranian crude.
Gas Price in Balkans Cheaper than Europe Πεμ, 23 Αυγούστου 2012 - 10:37 The natural gas prices in Balkan countries, including Turkey, is cheaper that the European average with even Bosnians, consumers of the most expensive gas in the region, pay less than EU’s 0.64 euros per cubic meter.