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Libya Oil Output At Risk Due To Security -Barclays

Δευ, 30 Απριλίου 2012 - 17:04

The security situation in Libya remains unstable and poses a threat to the country's oil production, which has nearly reached pre-war levels, Barclays says in a note.

Enel Says Renewables' Growth Has Lowered Generation Margins

Δευ, 30 Απριλίου 2012 - 17:03

The strong and unexpected growth in renewable energy lowered power generation margins in the top two markets for Italian utility Enel SpA (ENEL.MI), said Chairman Paolo Andrea Colombo Monday.

Boost for Israelis Bidding for Cypriot Gas Licenses

Δευ, 30 Απριλίου 2012 - 13:45

The likelihood of Israeli companies winning gas exploration licenses in Cypriot waters has improved after a range of large international companies decided not to bid for block tenders. In February, the Cypriot government published tenders for 12 blocks of offshore licenses.

Enerjisa to Start Turkey’s Largest Wind Farm this Year

Δευ, 30 Απριλίου 2012 - 13:45

Privately-owned Turkish utility Enerjisa will bring on line Turkey's largest wind farm to date after securing a €135mn ($180mn) loan for its construction from the European Bank of Reconstruction and Development.

EU Urges Greece, Portugal, Poland To Implement Nuclear Safety Rules

Πεμ, 26 Απριλίου 2012 - 15:43

The European Union's executive body is urging Poland, Greece and Portugal to fully implement EU rules on nuclear safety, threatening to take them to court if they don't do so, it said Thursday.

EU Threatens Five 5 Members With Legal Action Over Energy Liberalization Rules

Πεμ, 26 Απριλίου 2012 - 15:42

The European Union's executive body has sent letters to five member countries threatening legal action if they don't implement rules aimed at opening up national energy markets to competition, it said Thursday.

EnBW Steps Up Renewables Spending Post German Nuclear Exit

Πεμ, 26 Απριλίου 2012 - 15:41

German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) said Thursday it plans to invest heavily in renewable energies in coming years to ensure it remains a power generator that emits relatively little carbon dioxide, even after all of Germany's nuclear reactors are shut down at the end of 2022.

Noble Energy 1Q Net Soars On Higher Prices, Lower Derivatives Losses

Πεμ, 26 Απριλίου 2012 - 15:41

Noble Energy Inc.'s (NBL) first-quarter profit surged as the oil-and-gas explorer reported stronger sales volume and realized prices for crude oil, as well as far fewer losses related to derivatives.

Sinopec Profit Down 35%; Refining Losses Weigh

Πεμ, 26 Απριλίου 2012 - 15:41

China Petroleum & Chemical Corp. (SNP), or Sinopec, Asia's largest oil refiner by capacity, said Thursday its first-quarter net profit slipped 35% from a year earlier as refining losses outweighed higher oil prices and strong energy demand.

Exxon Mobil 1Q Profit Falls 11% On Reduced Production

Πεμ, 26 Απριλίου 2012 - 15:40

Exxon Mobil Corp.'s (XOM) first-quarter earnings fell 11% on reduced production and sales volumes, as well as higher operating expenses at its exploration and production business.

IEA:World On Track For 6 Degree Temperature Rise On Current Policies

Τετ, 25 Απριλίου 2012 - 18:38

Clean energy technologies aren't being deployed fast enough putting the world on track for a six degree temperature increase under current policies, the International Energy Agency said Wednesday.

Lukoil To Produce 150,000 b/d In 2013 From Iraq West Qurna-2

Τετ, 25 Απριλίου 2012 - 18:37

OAO Lukoil Holdings (LKOH.RS), Russia's largest non-state oil producer, aims to produce 150,000 barrels of oil a day at Iraq's West Qurna Phase 2 oilfield in 2013, an output level that triggers cost recovery and service fee payments, a Lukoil executive said Wednesday.