APR Energy has Won Two New Contracts, in Cyprus and Mexico Τετ, 18 Απριλίου 2012 - 12:00 APR Energy (APR), a global leader in temporary power solutions has been awarded a contract with the Electric Authority of Cyprus (EAC). This is to provide 120MW of diesel generation units to address continuing electricity supply shortages and help meet seasonal demand at the Moni Substation near Limassol in Cyprus.
EU Says Working With Spain On All Options Over YPF Τρι, 17 Απριλίου 2012 - 18:05 The European Commission is working with Spain on what steps to take in response to Argentina's dramatic and possibly illegal move to nationalize the country's former state oil company, which is now a unit of Spain's Repsol YPF SA (REP.MC).
GDF Suez, GAIL To Build India's First Floating LNG Terminal Τρι, 17 Απριλίου 2012 - 18:04 French power company GDF Suez SA (GSZ.FR), GAIL (India) Ltd. (532155.BY) and the southern Indian state of Andhra Pradesh Tuesday agreed to set up the South Asian nation's first floating terminal to import liquefied natural gas.
Eni Partially Shuts Down Gela Refinery For 1 Year On Low Margins Τρι, 17 Απριλίου 2012 - 18:04 Eni SpA (E), Italy's biggest energy company by market value, said Tuesday it partially shut down the Sicilian refinery of Gela for a year as supply of refined products outstrips demand, hitting margins.
Nigerian 2011 Crude Oil Production Averaged 2.38M B/D -CBN Τρι, 17 Απριλίου 2012 - 18:04 Nigeria's oil production rose marginally last year, in spite of constraints imposed by pipeline leakages and oil supply logistics, the Central Bank of Nigeria has said.
Petrobras Plans To Increase Drilling To 42 Wells -CEO Τρι, 17 Απριλίου 2012 - 18:03 Brazilian federal oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, plans to ramp up drilling efforts in 2012 to boost output.
Venezuela PdVSA Sees 2011 Rev Up 31%, Profit Rises 43% Τρι, 17 Απριλίου 2012 - 18:03 Venezuelan state oil monopoly PdVSA recorded revenue of $124.8B in 2011, up 31% from previous year, company reports in audited full-year results.
Shah Deniz 2 Gas Project Starts Officially Τρι, 17 Απριλίου 2012 - 15:44 The consortium developing Azerbaijan's giant Shah Deniz gas field has announced the start of Front End Engineering and Design for the second stage of the project.
Tanap Gas Line Agreements Likely to be Delayed Τρι, 17 Απριλίου 2012 - 13:43 It could take longer than expected for Turkey and Azerbaijan to agree on the proposed Trans-Anatolian Pipeline (Tanap). “The mutual intention is to sign the agreements [related to Tanap] in the following months,” an official from the Turkish energy ministry told Argus. The official could not provide a more precise deadline.
French Energy Min: Banks To Transfer Cash To Petroplus Refinery Παρ, 13 Απριλίου 2012 - 14:56 French Energy Minister Eric Besson Friday said banks had agreed with insolvent Swiss-based refiner Petroplus Holdings AG (PPHN.EB) to transfer cash and fuel to the company's refinery in France and its workers.
Gazprom Benefit In Russia Tax Proposal -Citi Παρ, 13 Απριλίου 2012 - 14:55 Gazprom (GAZP.RS) could benefit in the near term from proposed tax breaks for Russian offshore projects says Citi.
Eni Confirms Pipeline Attack In Nigeria Clough Creek Area Παρ, 13 Απριλίου 2012 - 14:55 Italian energy giant Eni SpA (E) Friday said a pipeline has been attacked in the Clough Creek area of Nigeria's Delta region.
China Southern Power Grid May See 13 GW Shortage This Year Παρ, 13 Απριλίου 2012 - 14:55 China Southern Power Grid Co., a state-run power transmission and distribution company, could see a power shortage of 13 gigawatts this year due to potential drought and coal supply issues, the State-owned Assets Supervision and Administration Commission said Friday.
Bulgaria's Only Natural Gas Storage Facility in Chiren Will be Expanded to Reach its Maximum Capacity Παρ, 13 Απριλίου 2012 - 11:09 Bulgaria's only natural gas storage facility in Chiren will be expanded to reach its maximum capacity, announced Kiril Temelkov, head of the state-owned company Bulgartransgaz.
BrightSource Cancels IPO Πεμ, 12 Απριλίου 2012 - 18:58 California solar-power developer BrightSource Energy Inc. said late Wednesday it was withdrawing its initial public offering that was originally scheduled to take place later this week, citing poor market conditions.
Venezuela's March Oil Output Slipped -IEA Πεμ, 12 Απριλίου 2012 - 18:58 Venezuelan oil production fell slightly to 2.44M barrels/day in March from February's 2.46M, the IEA says in its monthly report. That as the agency expects the OPEC nation's production capacity to rest at 2.53M both this quarter and 3Q.