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Total Stops Elgin Leak

Total Stops Elgin Leak

Τετ, 16 Μαΐου 2012 - 14:28

Total has managed to halt a long-running gas leak on the Elgin platform in the North Sea following a successful top kill operation.

Italy’s Eni in Major Mozambique Gas Find

Italy’s Eni in Major Mozambique Gas Find

Τετ, 16 Μαΐου 2012 - 14:27

Italian energy firm Eni has discovered an estimated 7-10 trillion ft³ (198.1bn-283bn m³) of gas in place at its Coral 1 exploration prospect in block 4 in the Rovuma basin offshore Mozambique.

Woodside Says Consortium Plans To Bid For Gas Exploration Blocks Off Cyprus

Woodside Says Consortium Plans To Bid For Gas Exploration Blocks Off Cyprus

Δευ, 14 Μαΐου 2012 - 17:52

Woodside Petroleum Ltd. (WPL.AU) plans to take part in a consortium to bid for natural gas exploration blocks offshore Cyprus, Chief Executive Peter Coleman said Monday, in the latest sign of international interest in an emerging energy province following a series of big discoveries.

Kuwait Northern Oil Output To Grow To 800,000 B/Day By 13

Kuwait Northern Oil Output To Grow To 800,000 B/Day By '13

Δευ, 14 Μαΐου 2012 - 17:52

Kuwait's oil output from its northern fields is currently at 700,000 barrels a day and is expected to grow to 800,000 barrels a day by March 2013, Kuwait-based Al Jarida daily reports Monday citing an executive.

Poland To Stop Setting Electricity Prices From Jan 2013

Poland To Stop Setting Electricity Prices From Jan 2013

Δευ, 14 Μαΐου 2012 - 17:51

Poland will stop setting electricity prices for private individuals from January 2013 leading to an increase in prices of as much as 40%, Dziennik Gazeta Prawna Daily writes Monday quoting unnamed sources.

Romanian Transelectrica Profit Down Sharply On Costs

Romanian Transelectrica Profit Down Sharply On Costs

Δευ, 14 Μαΐου 2012 - 17:50

Romanian state-run power grid operator Transelectrica (TEL.RO) Monday said its first-quarter net profit fell 73% on the year to 43.6 million lei (EUR12.7 million), hit by lower operating profit and higher costs, news agency Mediafax reported.

15 Bidders for 9 Blocks in Cyprus Offshore Natural Gas

15 Bidders for 9 Blocks in Cyprus Offshore Natural Gas

Παρ, 11 Μαΐου 2012 - 16:12

A mix of 15 bidders have applied for rights to explore nine blocks in the Cyprus offshore natural gas licensing round that ended on Friday. These include international heavyweights Total, Petronas, Gazprom, Marathon and ENI.

Shale Gas Explorer Says UK Production May Start in 2014

Shale Gas Explorer Says UK Production May Start in 2014

Παρ, 11 Μαΐου 2012 - 14:29

U.K.-based shale-gas explorer Cuadrilla Resources expects to resume drilling in northwest England later this year and could start gas production in 2014, Bloomberg News reported Friday, citing the company's chief executive.

Iran Oil Exports Fall In April As Sanctions Tighten-IEA

Iran Oil Exports Fall In April As Sanctions Tighten-IEA

Παρ, 11 Μαΐου 2012 - 14:28

Iranian exports of crude oil fell sharply again in April and could be down by as much as 1 million barrels a day this quarter as many countries reduce imports ahead of sanctions that come into effect on July 1, the International Energy Agency said Friday.

Noble Group 1Q Net Profit Halves But Company Confident Of Growth

Noble Group 1Q Net Profit Halves But Company Confident Of Growth

Πεμ, 10 Μαΐου 2012 - 18:37

Noble Group Ltd. (N21.SG) Thursday reported that its first-quarter profit nearly halved, but that was largely because the year-earlier figure had been boosted by a one-time gain and the Singapore-listed commodities supplier was confident its troubles last year were a thing of the past.