English Edition

Spain's Gas Natural In Talks To Buy BG's Gujarat Gas Stake

Δευ, 9 Απριλίου 2012 - 16:10

Spanish utility Gas Natural (GAS.MC) is in talks with BG Group Plc (BG.LN) to buy the U.K. oil and gas company's 65% stake in India's Gujarat Gas Co. Ltd. (523477.BY), Reuters reported Sunday, citing an unnamed source.

No Need For OPEC To Increase Production - OPEC President

Δευ, 9 Απριλίου 2012 - 16:09

The president of the Organization of Petroleum Exporting Countries, OPEC, said Monday the organization is producing enough crude oil, and political situations are to blame for the current high oil prices.

Kuwait Oil Output Steady At 3M B/D - Official

Δευ, 9 Απριλίου 2012 - 16:08

OPEC member Kuwait's oil production is averaging 3.0 million barrels a day, a senior official said Monday, an output level it has kept up for the past seven months.

China 1Q Coal Output Rises 5.8% To 838 Mn Tons

Δευ, 9 Απριλίου 2012 - 16:08

China's coal output in the first three months totaled 838 metric million tons, up 5.8% from a year ago, Shanghai Securities News reported Monday, citing figures from the China Coal Industry Association.

UAE Has Highest Break-even Oil Price In GCC Region -ENBD

Δευ, 9 Απριλίου 2012 - 16:08

Of the main GCC oil producers, the U.A.E. has the highest break-even oil price at just under $107 a barrel for 2012, followed by Saudi Arabia with an estimated 2012 break-even oil price of around $80 per barrel, says Emirates NBD in a note to clients Monday.

Eni Says Milan Prosecutors Probe Possible Illicit Iraq Awards

Παρ, 6 Απριλίου 2012 - 17:32

Eni SpA (E), Italy's biggest energy company by market value, said Thursday that Milan prosecutors are conducting an investigation on whether behavior by company employees resulted in illicit activities related to the awarding of contracts in Iraq.

Iran Halts Greek Oil Sales, May Cut Shell As Sanctions Bite

Παρ, 6 Απριλίου 2012 - 17:32

Iran has stopped shipping oil to Greece and may halt supplies to Royal Dutch Shell PLC (RDSB.LN) over unpaid bills, Iran media said Friday, as the impact of sanctions widens.

French Govt Picks EDF, Dong, Alstom For Offshore Wind Farms

Παρ, 6 Απριλίου 2012 - 17:31

The French government has picked a venture between state-controlled utility Electricite de France SA (EDF.FR) and Danish company Dong Energy Power to build and operate three wind farms off Atlantic and Channel coasts.

Total: Drilling Relief Well In Elgin May Take More Than 6 Mos

Παρ, 6 Απριλίου 2012 - 17:31

Drilling relief wells near the Elgin oil rig in the North Sea to stop a natural gas leak may take more than six months, French oil major Total SA (TOT), which owns the rig, said Friday.

Iraq Qualifies Sanctioned Syrian Firm For Energy Bid Round

Πεμ, 5 Απριλίου 2012 - 17:41

The Iraqi government has prequalified Syria's national oil company, a target of increased international sanctions against the Syrian government, for Iraq's fourth energy licensing auction scheduled May 30-31, the oil ministry said in an announcement posted on its website.

Fukushima Leak Might Have Flowed Into Pacific Ocean - TEPCO

Πεμ, 5 Απριλίου 2012 - 17:40

About 12 tons of radioactive water has leaked at Japan's crippled Fukushima Daiichi nuclear power plant, with the facility's operator saying Thursday that some might have flowed into the Pacific Ocean.

Total: Sent Crew By Helicopter For Reconnaissance Of Elgin

Πεμ, 5 Απριλίου 2012 - 17:40

Total SA (TOT) Thursday sent a specialized crew by helicopter on a reconnaissance mission to the Elgin platform in the North Sea that it was forced to abandon and power down 11 days ago due to a major gas leak.

EU Lawmakers Divided On Approach To Take On Shale Gas

Πεμ, 5 Απριλίου 2012 - 17:40

European lawmakers are deeply divided on how to deal with shale gas exploration in the European Union, two draft reports seen by Dow Jones Newswires showed Thursday.

Iraq Resumes Crude Oil Exports After Pipeline Sabotage

Πεμ, 5 Απριλίου 2012 - 17:39

Iraq has resumed crude oil exports via its northern pipeline to Turkey's Ceyhan port after a brief suspension caused by at least one blast on the pipeline inside Turkey, an Iraqi oil ministry spokesman said Thursday.

EDF: Discussions With Edison Shareholders Ongoing

Πεμ, 5 Απριλίου 2012 - 17:39

Discussions are ongoing between French power group Electricite de France SA (EDF.FR) and other shareholders of Italian utility Edison SpA (EDN.MI), after Italy's market regulator struck a blow to a plan to reorganize Edison's shareholding increase EDF's stake in the company to more than 80%, a spokeswoman said Thursday.

Iran to Double Electricity Export to Turkey

Πεμ, 5 Απριλίου 2012 - 12:29

An Iranian Energy Ministry official says the country will increase electricity exports to neighboring Turkey by twofold in the next two months.