English Edition

Iran Completes First Of Four Oil Tankers For Venezuela

Τρι, 24 Ιουλίου 2012 - 18:25

Iran has completed construction of the first of four oil tankers to be sold to Venezuela for a total 230 million euros ($278 million), the official news agency IRNA reported Tuesday.

Cnooc to Gain Access to Shale Techniques

Τρι, 24 Ιουλίου 2012 - 18:25

Cnooc's (CEO) intention to take over Nexen (NXY.T) would give the Chinese company access to Nexen's extensive experience with unconventional oil and gas resources in North America, says JBC Energy.

Russia's Supreme Court Orders Review of Khodorkovsky Conviction

Τρι, 24 Ιουλίου 2012 - 18:24

Russia's highest court Tuesday ordered a review into the second conviction of jailed former Yukos oil company boss Mikhail Khodorkovsky and his business partner Platon Lebedev.

Chevron Barred From Deals In Central, Southern Iraq

Τρι, 24 Ιουλίου 2012 - 18:24

The second largest U.S. energy company Chevron Corp. (CVX) will be barred from contracts in central and southern Iraq because the Californian company bought stakes in two oil-exploration blocks in the Kurdish region of Iraq, an Iraqi oil ministry statement said Tuesday.

Weighed Average Import Price of Natural Gas in Greece

Τρι, 24 Ιουλίου 2012 - 14:15

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

China Confirms June Crude Imports 21.72 Mln Tons, up 10.27% on Year

Δευ, 23 Ιουλίου 2012 - 17:40

China's General Administration of Customs confirmed Monday that June crude imports totaled 21.72 million metric tons, equivalent to 5.3 million barrels a day, up 10.27% from a year earlier.

Rosneft And Eni Sign Deal To Finance Exploration

Δευ, 23 Ιουλίου 2012 - 17:40

Russian oil giant OAO Rosneft (ROSN.RS) said Monday it had signed an agreement with Italy's Eni SpA (E) to finance exploration at three offshore fields, advancing a cooperation deal signed in April.

South, North Korea Held Talks on Rare Earth Development Last Year

Δευ, 23 Ιουλίου 2012 - 17:40

South Korea's state-owned commodities developer held talks in North Korea last year about a possible North-South project to develop North Korea's rare-earth deposits, an official at the company said Monday.

Iraq Resumes Oil Flow to Turkey at Lower Rate

Δευ, 23 Ιουλίου 2012 - 17:39

Iraq has resumed crude-oil exports from Kirkuk oil fields at a lower rate, Middle East shipping agents said Monday, after an explosion that blew up part of the northern pipeline that carries crude to Turkey's Ceyhan port.

Japan Govt Panel Says Tepco Still Falling Short on Nuclear Safety

Δευ, 23 Ιουλίου 2012 - 17:39

The operator of Japan's crippled Fukushima Daiichi nuclear plant is still failing to sufficiently ensure the safety of its nuclear operations, a government-appointed panel looking into the causes of last year's disastrous accident said Monday.

Chevron Unveils Natural-Gas Discovery Off Western Australia Coast

Δευ, 23 Ιουλίου 2012 - 17:39

Chevron Corp. (CVX) unveiled a natural-gas discovery in the Gorgon area off the coast of Western Australia, which the company said will support long-term plans for its Gorgon liquefied-natural gas project.

Israel Opportunity Lists Unit on Cypriot Stock Exchange

Δευ, 23 Ιουλίου 2012 - 12:39

Cyprus Opportunity Energy plc (CSE: GAS), a subsidiary of Israel Opportunity - Oil and Gas Exploration Ltd. listed its shares for trading on the Cyprus Stock Exchange last week, at a market value of €14 million. Sources inform ''Globes'' that Cyprus Opportunity plans to hold a public offering in 2013. It is a sister company ofIsrael Opportunity Energy Resources LP(TASE:ISOP.L).

Euro Drops to Multiyear Lows on Spanish, Greek Concerns

Παρ, 20 Ιουλίου 2012 - 18:35

The euro tumbled to a fresh two-year low against the dollar Friday, dragged down by negative developments in Spain and Greece. The euro fell to $1.2144, its lowest level since June 2010, and hit multiyear lows against the Australian dollar, yen and other currencies. It recently changed hands at $1.2158, down 1% from $1.2280 late Thursday, according to EBS via CQG