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Iran in Talks to Sell Oil to Egypt to Help Offset EU Loss

Δευ, 10 Σεπτεμβρίου 2012 - 18:08

Iran is in talks to sell oil to Egypt, officials on both sides say, part of a broader push to make up for lost European Union sales and a renewed engagement between the two countries.

Sudan, S Sudan Likely to Finalize Oil Deal by Tuesday

Δευ, 10 Σεπτεμβρίου 2012 - 18:07

Sudan and South Sudan are likely to finalize an agreement over payments for use of Sudan's oil infrastructure by Monday evening or Tuesday, a South Sudanese spokesman said.

Power Restored in Cuba After Massive Outage

Δευ, 10 Σεπτεμβρίου 2012 - 18:07

Power was restored in Cuba early Monday after a massive outage caused by a malfunction in a high voltage power line cast much of the country into darkness for hours.

Saudi Keeps Oct Term Crude Volumes to Europe Unchanged

Δευ, 10 Σεπτεμβρίου 2012 - 18:07

Saudi Arabian Oil Co., or Saudi Aramco, has offered its European term lifters their full quota of supply in October, unchanged from September, buyers of Saudi crude in Europe told Dow Jones Newswires Monday.

Parliamentary Committee to Supervise Energy Regulator

Δευ, 10 Σεπτεμβρίου 2012 - 16:17

Parliament said it has adopted amendments that allow setting up an ad-hoc committee to supervise the work of the country's energy regulator.

The Giant Fuel Reactor for the Bulgaria's Burgas Refinery Arrives

Δευ, 10 Σεπτεμβρίου 2012 - 13:55

The giant fuel reactor for the Lukoil Neftochim refinery has successfully reached the facility Saturday evening after being transported for two days in Bulgaria's Black Sea city of Burgas.

Bosnia's Serb Republic Plans to Sign South Stream Agreement with Russia on September 20

Παρ, 7 Σεπτεμβρίου 2012 - 17:24

Bosnia's Serb Republic President Milorad Dodik said a memorandum on the construction of the South Stream natural gas pipeline leg through the Republic will be signed with Russia on September 20 in the Black Sea resort of Sochi, news agency Srna reported.

Romania Jan-July Power Output Falls 2% On Year

Παρ, 7 Σεπτεμβρίου 2012 - 17:22

Romanian energy output decreased 2% on the year to 13.32 million metric tons of oil equivalent in the first seven months, on falling production in the hydropower and nuclear sectors, news agency Mediafax said citing official data Friday.

Iran Says Any US Oil Stocks Release May Be Politically Motivated

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

A release of U.S. stockpiled oil--if it happens--may be driven by electoral considerations, not market needs, as there isn't a supply shortage, a top Iranian official said Friday.

Azerbaijan January-August Crude Output Down 7.6% On Year

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

Oil output in Azerbaijan fell 7.56% in the first eight months of 2012 compared with the same period the year before, to 29.3 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Friday.

Oil Firms Show Record Interest in Mature Areas Offshore Norway

Παρ, 7 Σεπτεμβρίου 2012 - 17:21

A record number of oil companies have applied for production licenses in mature areas offshore Norway, the country's Ministry of Petroleum and Energy said Friday.

Park Elektrik Applies for Natural Gas Plant in Edirne, Turkey

Παρ, 7 Σεπτεμβρίου 2012 - 13:00

In a filing submitted to the Public Disclosures Platform yesterday, Park Elektrik has applied to the Energy Market Regulatory Authority for a license to establish a natural gas power plant in Edirne, which has 447 MW installed capacity.

U.S. Government Says 49% of Gulf Oil, 26% of Natural-Gas Output Shut In

Πεμ, 6 Σεπτεμβρίου 2012 - 17:08

Less than half of the oil production in the U.S. Gulf of Mexico's federal waters remained shut Wednesday as producers continue to restart operations following Hurricane Isaac.