English Edition

Japan July Power Output Down 1.4% On Year

Δευ, 13 Αυγούστου 2012 - 15:08

Electricity generated by Japan's 10 regional power utilities fell 1.4% on year in July to 81.78 billion kilowatt-hours as temperatures during the month trended a little lower than the previous year, resulting in lower demand for air conditioning, the Federation of Electric Power Companies said Monday.

Gazprom Neft Net Profit Up On Year On Higher Output And More Refining

Δευ, 13 Αυγούστου 2012 - 15:08

Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Monday that net profit for the first half increased 0.4% on last year to 78.7 billion Russian rubles ($2.47 billion), on the back of increased hydrocarbon production and higher oil-refining volumes.

E.ON's Debt Rises Nearly 13% But Is Expected To Fall In Rest Of 2012

Δευ, 13 Αυγούστου 2012 - 15:07

E.ON AG (EOAN.XE) Monday reported a near 13% increase in net debt in the first half of the year compared with the end of last year driven mainly by the company's investment program and dividend payments to shareholders.

Brent Crude Price Jumps On Iran Tensions, Stronger Euro

Δευ, 13 Αυγούστου 2012 - 15:07

Crude-oil futures rose Monday due to fears of supply disruptions following news reports out of Israel indicating possible escalation of tensions with Iran, and amid a stronger euro.

Iraq Confirms Kurds Pumping 116,000 Barrels A Day

Δευ, 13 Αυγούστου 2012 - 15:06

Iraq's semi-autonomous region of Kurdistan has been pumping 116,000 barrels of oil a day into the central government's export pipeline, a Baghdad government spokesman said Monday.

30% of the Electricity Consumed in Turkey is Produced by Hydroelectric Plants

Δευ, 13 Αυγούστου 2012 - 13:10

Thirty percent of the electricity consumed in Turkey in the first seven months of 2012 was produced by hydroelectric plants, Forest and Waterworks Minister Veysel Eroğlu said in a written statement yesterday.

Greece’s Power Generator Tests Euro Fitness Amid Blackout Threat

Δευ, 13 Αυγούστου 2012 - 13:02

In the mountains of northern Greece lies an $800 million power plant whose future may help determine whether the country can salvage its euro status.

Source Says Germany's RWE Presents Plan for up to 2,400 Job Cuts

Παρ, 10 Αυγούστου 2012 - 13:26

Management at Germany utility RWE AG (RWEOY, RWE.XE) presented plans for up to 2,400 additional job cuts at a Thursday board meeting, Reuters reported, citing a person familiar with the situation.

Cheniere Proceeding With LNG Export Facility in Louisiana

Παρ, 10 Αυγούστου 2012 - 13:26

Cheniere Energy Partners L.P. (CQP) is moving ahead with the construction of facilities to liquefy and export natural gas in Louisiana, bringing the U.S. one step closer to becoming a major exporter of the commodity.

IEA: Japan May Need 390,000 B/D More Oil This Year on Nuclear Outage

Παρ, 10 Αυγούστου 2012 - 13:25

Japan will need up to 390,000 barrels a day of additional oil this year if the country keeps the 48 reactors currently offline idle for the rest of the year, the International Energy Agency said Friday in its monthly report.

Refinery Runs To Increase In Q3 From Previous Year -IEA

Παρ, 10 Αυγούστου 2012 - 13:24

Even accounting for faltering oil demand from China, global refinery runs in the period from July to September will be even greater this year than last, the International Energy Agency said in its monthly oil market report Friday.

Bulgaria’s Electricity Exports Below 1,700 MW Capacity

Παρ, 10 Αυγούστου 2012 - 13:03

Bulgaria's power export capacity stands at 1,700 megawatts (MW) but exports rarely exceeded 1,350 MW in the past months, the country's Electricity System Operator (ESO) said.

Greek Regulator Sets Renewable Charge at 7,5 Euros per MWh

Πεμ, 9 Αυγούστου 2012 - 16:22

The greek energy regulator (RAE) decided on Thursday to increase the renewable charge that electricity consumers have to pay through their bills, to 7.50 euros per MWh for the period between August 2012 and June 2013.

Iraq Resumes Kirkuk Oil Flow to Turkey

Πεμ, 9 Αυγούστου 2012 - 15:58

Iraq has resumed oil exports from the northern Kirkuk fields to the Mediterranean port of Ceyhan after a halt of three days, two Middle East shipping agents said Thursday.

BP, Total, Azerbaijan's Socar To Fund TAP Gas Pipeline Project

Πεμ, 9 Αυγούστου 2012 - 15:58

Plans for the Trans Adriatic Pipeline project, aimed to carry Caspian natural gas to Italy, received a boost Thursday, as the pipeline consortium said energy giants BP PLC (BP), France's Total SA (TOT) and Azerbaijan's state oil company Socar have agreed to fund the project.

Azerbaijan January-July Crude Output Down 6.5% On Year

Πεμ, 9 Αυγούστου 2012 - 15:58

Oil output in Azerbaijan fell 6.5% in the first seven months of 2012 compared with the year earlier period, to 25.9 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Thursday.