English Edition

Iraq Deputy PM Lashes Out Kurds For Halting Oil Exports

Δευ, 2 Απριλίου 2012 - 18:23

Iraq's Deputy Prime Minister for Energy Hussein al-Sharhistani Monday lashed out at Iraq's Kurdistan authorities for halting crude oil exports, accusing them of allowing instead billion of dollars worth of oil smuggling over the borders mainly to Iran.

OPEC Production Rises Again Despite Iran Sanctions

Δευ, 2 Απριλίου 2012 - 18:22

Crude oil production from members of the Organization of Petroleum Exporting Countries rose again in March as Iraq boosted exports, despite reports that threatened sanctions were already restricting Iranian output.

Q-Cells To File For Insolvency Tuesday

Δευ, 2 Απριλίου 2012 - 18:21

German solar energy component maker Q-Cells SE (QCE.XE) said Monday it intends to file for insolvency Tuesday, following months of efforts to restructure its debt and secure its survival.

Serbia: South Stream Construction to Begin in November

Δευ, 2 Απριλίου 2012 - 13:38

The construction of the South Stream pipeline stretch through Serbia will begin in November, head of Srbijagas Dusan Bajatovic said on Thursday, adding that everything was ready for the signing of a long-term contract on cheaper gas for Serbia from Russia.

Gazprom To Cut by Some 11% Price of Gas Deliveries to Bulgaria

Δευ, 2 Απριλίου 2012 - 13:37

Russia's Gazprom will cut by some 11% the price of gas deliveries to Bulgaria.

70 Companies Seek Data for 2nd Cyprus Natgas Round

Παρ, 30 Μαρτίου 2012 - 17:31

The second licensing round for natural gas prospecting south of Cyprus has attracted unprecedented interest, with 70 companies subscribing to the seismic data based on which they will submit their bids to clinch one of the 12 remaining concessions in the Exclusive Economic Zone.

Norway Launches 86 New Oil And Gas Exploration Areas

Παρ, 30 Μαρτίου 2012 - 17:26

Oil production is moving farther north, said Norway's Ministry of Petroleum and Energy Friday, as it announced a proposal for new production licenses in 86 blocks, 72 of them in the Barents Sea in northern Norway and 14 in the Norwegian Sea.

Greece's PPC Swings To Net Loss In 2011, Sees Risks Ahead

Παρ, 30 Μαρτίου 2012 - 17:25

Greek state-controlled utility Public Power Corp. SA (PPC.AT) Friday swung to a net loss in 2011 on slumping demand and increased competition from rival power producers eating into its market share.

Japan's Feb Fuel Oil Imports For Power Inch Up To 800,000 Tons

Παρ, 30 Μαρτίου 2012 - 17:25

Japan's February fuel oil imports for power generation rose 3.3% from January to about 800,000 metric tons, as peak winter season and lost nuclear power boosted domestic demand, government data showed Friday.

UK CO2 Emissions At Lowest Level In 40 years

Παρ, 30 Μαρτίου 2012 - 17:24

U.K. emissions of carbon dioxide fell to just 456 million metric tons last year, their lowest levels since records began more than 40 years ago, according to Department of Energy and Climate Change, reported the Financial Times Thursday.

Gazprom Shifts Gas Transit From Ukraine To Nord Stream, Belarus

Παρ, 30 Μαρτίου 2012 - 17:24

Russian state gas producer OAO Gazprom (GAZP.RS) has started redirecting natural gas volumes bound for Europe from Ukraine to alternative routes such as the Nord Stream pipeline and Belarus' pipeline system, the company said Friday.

Some 3% Of UK Gas Output Being Lost Because Of Elgin Leak

Παρ, 30 Μαρτίου 2012 - 17:23

Around 3% of the U.K. North Sea's gas output is being lost as a result of the continued shut-in of the Elgin field following a leak on a Total SA (TOT) platform, said U.K. Energy Minister Charles Hendry Friday.

Argus Launches Forward Price Assessments for Wholesale Electricity in Bulgaria and Greece

Παρ, 30 Μαρτίου 2012 - 13:59

Argus has become the first global energy price reporting organisation to provide forward price assessments for wholesale electricity in Bulgaria and Greece. The new weekly assessments are for physical month-ahead base-load power. They are published online and each Thursday in the daily Argus European Electricity report.