Iraq Raises August Crude Prices To All Buyers Παρ, 13 Ιουλίου 2012 - 18:23 Iraq has raised the official selling prices of its crude oil in August to all buyers, the State Oil Marketing Organization, or SOMO, said Friday.
Kenya Leases All Oil Exploration Blocks Παρ, 13 Ιουλίου 2012 - 18:23 Kenya has leased out all existing oil blocks to exploration companies, the Daily Nation newspaper reports Friday citing Energy Minister Kiraitu Murungi.
Nigeria Awards $60 Billion Worth of Oil Contracts Παρ, 13 Ιουλίου 2012 - 18:22 Nigeria this week finally signed contracts allocating supply of its oil in the coming year in a string of deals worth around $60 billion.
Total, Partners Awarded Rights To Explore Offshore Area in Bulgaria Πεμ, 12 Ιουλίου 2012 - 18:06 French oil company Total SA (TOT) Thursday said it won the rights to seek oil and gas in an area known as the Khan Asparuh bloc, offshore Bulgaria in the Black Sea in partnership with Spain's Repsol SA (REP) and Austria's OMV (OMV.VI).
Algeria To Ink Partnerships With Shell, Exxon on Shale Gas -Sonatrach Πεμ, 12 Ιουλίου 2012 - 18:06 Algerian state-run oil company Sonatrach will soon sign partnership agreements with Royal Dutch Shell PLC (RDSB) and Exxon Mobil Corp. (XOM) on shale gas exploration in the north African country, the firm's chief executive, Abdelhamid Zerguine, said in remarks published Thursday.
EU Warns Lithuania Over Nuclear Decommissioning Πεμ, 12 Ιουλίου 2012 - 18:06 A top European watchdog Thursday warned Lithuania that Brussels may freeze funds aimed at helping it decommission a Soviet-era nuclear reactor unless the Baltic state improves its management.
Australia LNG Exports to Triple by 2016-17; Gas Prices To Rise Τετ, 11 Ιουλίου 2012 - 15:24 Australia's exports of liquefied natural gas will triple over the next five years, resulting in higher prices due to temporary supply constraints, a government report said Wednesday.
Kuwait to Complete Refinery Proj in 2017, Clean Fuel Proj in 2018 Τετ, 11 Ιουλίου 2012 - 15:24 State-run Kuwait National Petroleum Co., or KNPC, expects to complete its new refinery and environmentally friendly fuel projects by 2017 and 2018 respectively, Kuwait-based Al Rai daily reports Wednesday citing an executive.
Saudi Oil Production Over 10 Mln Barrels a Day in June Τετ, 11 Ιουλίου 2012 - 15:23 Oil production in Saudi Arabia, the world's largest crude exporter, rose to 10.1 million barrels per day in June, from 9.8 million barrels per day a month earlier, a person familiar with the situation said Wednesday.
Taiwan May LNG Imports 1.59 Bln Cubic Meters, Up 16% on Year Τετ, 11 Ιουλίου 2012 - 15:23 Taiwan's imports of liquefied natural gas rose 16% in May from a year earlier, according to data issued Wednesday by the Bureau of Energy.
OPEC Sees Lower Demand Growth, More Supply in 2013 Τετ, 11 Ιουλίου 2012 - 15:23 World oil demand growth is set to flag next year in line with a slowdown in the global economy, even as supply from non-OPEC countries is seen increasing, the Organization of Petroleum Exporting Countries said in its monthly oil market report Wednesday.
EU Proposes Cars Cut CO2 Emissions to 95 Grams a Kilometer by 2020 Τετ, 11 Ιουλίου 2012 - 15:22 The European Union's executive body proposed Wednesday to further limit passenger cars' greenhouse gas emissions by 2020, a move likely to stir unease in an industry already complaining about low profit margins and overcapacity in Europe.
Gazprom to Sell More Gas to Independent Turkish Buyers Τετ, 11 Ιουλίου 2012 - 11:48 Russia's state-controlled Gazprom is working on sales agreements with potential Turkish buyers to make sure that they receive import licences to buy Russian gas.
The Nuclear Plant to be Built in Turkey's Mersin Akkuyu may Cost USD 25 billion Τετ, 11 Ιουλίου 2012 - 11:47 During a press statement, Vladimir Ivanovski, Russia’s Ambassador to Turkey said the nuclear plant to be built in Mersin Akkuyu may cost as high as USD 25 billion, while the initial costs were estimated at USD 20 billion.
Poland May Propose Taking Stakes In Hydrocarbon Licenses Τρι, 10 Ιουλίου 2012 - 18:35 The Polish government's yet-to-be published draft law on taxing hydrocarbons production may give the government as much as a 40% stake in hydrocarbon licenses, daily Dziennik Gazeta Prawna reports Tuesday citing an unnamed government official.
NIOC Matches Saudi Oil Price Hikes for Asia, Europe Τρι, 10 Ιουλίου 2012 - 18:34 National Iranian Oil Co. has pegged oil prices for its crude at higher levels for most customers in August, matching a similar move by Saudi Arabia earlier in the month, despite tightening sanctions against the Islamic Republic's crude exports.