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Greek Regulator Asks Traders for Financial Guarantees

Greek Regulator Asks Traders for Financial Guarantees

Τετ, 25 Απριλίου 2012 - 16:57

Greece's Regulatory Authority for Energy (RAE) has written to 30 supply and trading companies asking them to pay their undisclosed debts or risk having their licences revoked. The RAE has also asked the firms to submit financial guarantees to electricity market operator Lagie and grid operator Admie.

Rosneft Picks Italy’s Eni to Develop Offshore Deposits

Rosneft Picks Italy’s Eni to Develop Offshore Deposits

Τετ, 25 Απριλίου 2012 - 16:11

Russian state-run oil major Rosneft has picked Italy’s Eni to jointly develop Black and Barents Sea offshore deposits, following a strategic partnership agreement signed by the companies on Wednesday.

Irans Shipping Giant To Boost Fleet Despite Sanctions

Iran's Shipping Giant To Boost Fleet Despite Sanctions

Τρι, 24 Απριλίου 2012 - 17:56

Iran's giant oil-tanker company NITC is set to boost its fleet with new large tankers by the end of next year, an Iranian official said Tuesday, as demand for its ships gets a boost despite sanctions against Tehran.

CNPC Offers Help To South Sudan To Build Alternate Oil Pipeline

CNPC Offers Help To South Sudan To Build Alternate Oil Pipeline

Τρι, 24 Απριλίου 2012 - 17:56

China has signaled an interest in a long-term role in South Sudan's oil sector, and has offered to help build an export pipeline and provide technical help once the crisis with neighboring Sudan eases, a South Sudanese official said Tuesday.

Russian Minister Says TNK-BP To Speed Pipeline Modernization

Russian Minister Says TNK-BP To Speed Pipeline Modernization

Τρι, 24 Απριλίου 2012 - 17:55

TNK-BP Holding (TNBP.RS) has promised the Russian government to speed modernization of its pipelines after the state's criticism of the company's ecological policy, Yury Trutnev, Russia's natural resources and environment minister, said Tuesday, Interfax reported.

Turkey May Purchase Natural Gas from Qatar

Turkey May Purchase Natural Gas from Qatar

Δευ, 23 Απριλίου 2012 - 15:04

Turkey’s energy and natural resources minister said on April 21 that Turkey was willing to purchase natural gas from Qatar to meet its growing natural gas needs.

E.ON Eyes Link With Batistas Oil Group

E.ON Eyes Link With Batista's Oil Group

Δευ, 23 Απριλίου 2012 - 14:57

Brazil's richest man, Eike Batista, is in talks with German utility E.ON AG (EOAN.XE) over the creation of a joint venture to exploit Brazil's oil and gas reserves, the Financial Times reported on its website Sunday.

Mediterranean Oil & Gas Makes Solid Start To 2012, Plans To Repay Debt

Mediterranean Oil & Gas Makes Solid Start To 2012, Plans To Repay Debt

Δευ, 23 Απριλίου 2012 - 14:56

Mediterranean Oil & Gas PLC (MOG.LN), a central Mediterranean producer, developer and explorer of oil and gas assets, said Monday it has made a solid start to 2012 having delivered reliable cash flow from its producing assets in Italy, and acquiring the seismic data required to evaluate prospective resources offshore Malta.

Iran Oil Ministry Under Cyber Attack

Iran Oil Ministry Under Cyber Attack

Δευ, 23 Απριλίου 2012 - 14:55

Iran's oil ministry and its affiliates have come under a "cyber attack" and a specialized team has been assembled to confront it, Iranian media reported Monday.

China March Coal Imports Rise 93% To 17.08 Mln Tons

China March Coal Imports Rise 93% To 17.08 Mln Tons

Δευ, 23 Απριλίου 2012 - 14:55

China's March coal imports nearly doubled from a year ago, mainly due to rising electricity consumption, higher domestic coal prices--which made imports more attractive--as well as a buying spree by coal suppliers looking to stock up for peak power demand in summer.

German Power Demand Falls In Jan-Feb, Gas Demand Rises

German Power Demand Falls In Jan-Feb, Gas Demand Rises

Δευ, 23 Απριλίου 2012 - 14:54

Electricity demand in Germany fell around 3.7% on the year in the first two months of 2012 due to mild temperatures and weak economic activity abroad, said the country's main energy industry group BDEW Monday.