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Total: Decrease In Gas Leak Rate Confirmed At Elgin Platform

Total: Decrease In Gas Leak Rate Confirmed At Elgin Platform

Παρ, 20 Απριλίου 2012 - 18:23

Total SA (TOT) Friday said that the latest scientific flights over its North Sea platform of Elgin confirmed the decrease in the gas leak rate that forced the oil major to abandon and power down the platform.

Iran Accuses Saudi Arabia Of Breaching OPEC Ceiling

Iran Accuses Saudi Arabia Of Breaching OPEC Ceiling

Πεμ, 19 Απριλίου 2012 - 18:14

Iran Thursday accused Saudi Arabia of breaching a collective OPEC agreement, reviving fears that the producer group's fractious meeting last year could be repeated.

Armenia Extends Life Of Soviet-era Nuclear Reactor

Armenia Extends Life Of Soviet-era Nuclear Reactor

Πεμ, 19 Απριλίου 2012 - 18:13

Armenia said Thursday it had decided to extend the life of its Soviet-era nuclear reactor by four years until 2020 despite concerns raised by environmentalists in the earthquake-prone country.

German Energy Industry Calls for CHP Subsidy Boost

German Energy Industry Calls for CHP Subsidy Boost

Πεμ, 19 Απριλίου 2012 - 12:58

A group of seven German energy associations have urged the government to increase subsidies for combined heat and power (CHP) plants or risk jeopardising investment in the sector.

ExxonMobil Cut from Iraq Bidding Round

ExxonMobil Cut from Iraq Bidding Round

Πεμ, 19 Απριλίου 2012 - 12:57

Supermajor Exxon Mobil has been excluded from the final list of 47 pre-qualified bidders for Iraq’s upcoming fourth exploration round.

Nord Stream: Completed Line 2 Construction, Operational End 2012

Nord Stream: Completed Line 2 Construction, Operational End 2012

Τετ, 18 Απριλίου 2012 - 17:59

International pipeline consortium Nord Stream has completed the second of its twin gas pipelines through the Baltic Sea ahead of schedule, the company said Wednesday, with the operational transit of gas set to begin this year.

Tokyo Mega-Quake Would Kill More Than 9,000 -Govt Simulation

Tokyo Mega-Quake Would Kill More Than 9,000 -Govt Simulation

Τετ, 18 Απριλίου 2012 - 17:58

More than 9,600 people would die with nearly 150,000 injured if a mega-quake struck Tokyo, a disaster that would also level large parts of the Japanese capital, a government projection said Wednesday.

Iraq New Plateau Oil Production Plan Lower, Longer - Deputy PM

Iraq New Plateau Oil Production Plan Lower, Longer - Deputy PM

Τετ, 18 Απριλίου 2012 - 17:58

Iraq has revised its medium-term oil field redevelopment plan, meaning that production will be slightly lower than the previous 12 million barrel a day target, but will maintain its plateau level for 20 years instead of seven, said the country's Deputy Prime Minister for Energy, Hussein al-Shahristani, Wednesday.

BP Reached Pact To Resolve Claims Stemming From The Deepwater Horizon Accident

BP Reached Pact To Resolve Claims Stemming From The Deepwater Horizon Accident

Τετ, 18 Απριλίου 2012 - 17:57

BP PLC (BP.LN), a oil and gas company headquartered in London, said Wednesday it has reached definitive and fully documented agreements with the Plaintiffs' Steering Committee (PSC) to resolve the substantial majority of eligible private economic loss and medical claims stemming from the Deepwater Horizon accident and oil spill.

Rosneft CEO: Output To Reach 3.7M Bbls/Day By 2020

Rosneft CEO: Output To Reach 3.7M Bbls/Day By 2020

Τετ, 18 Απριλίου 2012 - 17:57

Russia's largest oil producer state-controlled OAO Rosneft (ROSN.RS) plans to increase its hydrocarbon production to 3.7 million barrels of oil equivalent a day by 2020 from the current level of 2.5 million barrels, Interfax reported Wednesday citing the company's chief executive.

First Solar Plant Closure Not Caused By Subsidy Cuts -Minister

First Solar Plant Closure Not Caused By Subsidy Cuts -Minister

Τετ, 18 Απριλίου 2012 - 17:56

The closure of First Solar Inc.'s (FSLR) plant in the eastern German city of Frankfurt Oder wasn't caused by the German government's decision to cut solar subsidies, but by sharp falls in the price of photovoltaic modules and massive worldwide overcapacity, German Environment Minister Norbert Roettgen said Wednesday.

Bulgaria To Raise Electricity Prices by 10% as of July 1

Bulgaria To Raise Electricity Prices by 10% as of July 1

Τετ, 18 Απριλίου 2012 - 13:29

Electricity tariffs in Bulgaria will increase by 10% as of July 1, while the natural gas and hot water bills are seen decreasing, the head of the state energy regulator Angel Semerdzhiev said.