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Lukoil To Spend $29B In North Caspian By 2025

Lukoil To Spend $29B In North Caspian By 2025

Τρι, 14 Φεβρουαρίου 2012 - 18:47

Russia's biggest independent oil producer OAO Lukoil Holdings (LKOH.RS) plans to invest $29 billion until 2025 to develop hydrocarbons in the North Caspian region, the Interfax news agency reports Tuesday citing Lukoil Chief Executive Vagit Alekperov.

Iran To Unveil Nuclear Achievements Wednesday

Iran To Unveil Nuclear Achievements Wednesday

Τρι, 14 Φεβρουαρίου 2012 - 18:47

Iranian President Mahmoud Ahmadinejad is to unveil several unspecified nuclear "achievements" on Wednesday, his government's website said.

GE-Powered Plant to Help Turkey Meet Growing Electricity Demand

GE-Powered Plant to Help Turkey Meet Growing Electricity Demand

Τρι, 14 Φεβρουαρίου 2012 - 14:41

Reinforcing its position as a major supplier to Turkey's growing private power sector, GE (NYSE: GE) has secured contracts to supply equipment and services for a new gas-fired power plant in the Erzin district of southern Turkey.

South Korea Oil Refiners 2011 Exports Up 64%; Profits Jump -Yonhap

South Korea Oil Refiners' 2011 Exports Up 64%; Profits Jump -Yonhap

Δευ, 13 Φεβρουαρίου 2012 - 18:23

South Korea's four oil refining companies saw the combined value of their exports of refined products and petrochemicals rise by 64% in 2011, to $47.9 billion, Yonhap news agency reported Monday, citing data from the companies.

Sinopec To Invest CNY53 Bln In Xinjiang To Boost Oil, Gas Output -Report

Sinopec To Invest CNY53 Bln In Xinjiang To Boost Oil, Gas Output -Report

Δευ, 13 Φεβρουαρίου 2012 - 18:22

China Petrochemical Corp., known as Sinopec Group, plans to invest CNY53 billion ($8.41 billion) in Xinjiang province by 2015 to boost production of crude oil, natural gas and refining capacity, Xinjiang news agency Tianshannet reported, without citing sources.

Azerbaijan Slams Irans Israel Spy Claim As Slander

Azerbaijan Slams Iran's Israel Spy Claim As Slander

Δευ, 13 Φεβρουαρίου 2012 - 18:22

Azerbaijan on Monday rejected as "slander" Iranian claims that Baku has been collaborating with Israel's spy services and helping assassins who have killed Iranian nuclear scientists.

Qatar To Build New $5.5 Billion Petchem Plant By 2018

Qatar To Build New $5.5 Billion Petchem Plant By 2018

Δευ, 13 Φεβρουαρίου 2012 - 18:21

Qatar will build a $5.5 billion petrochemical plant in the northern industrial city of Ras Laffan by 2018, as the Gulf state steps up investment to utilize its huge gas reserves.

Exxon Barred From Iraqs 4th Energy Licensing Round

Exxon Barred From Iraq's 4th Energy Licensing Round

Δευ, 13 Φεβρουαρίου 2012 - 18:21

U.S. energy giant Exxon Mobil Corp. (XOM) will be barred from Iraq's fourth oil-and-gas licensing auction, scheduled for May, because of the deals it struck with the country's semi-autonomous Kurdistan region, a spokesman for Iraq's Deputy Prime Minster for Energy Hussein al-Shahristani said Monday.

Terna Deal Sparks Renewed Demand For Peripheral Debt

Terna Deal Sparks Renewed Demand For Peripheral Debt

Δευ, 13 Φεβρουαρίου 2012 - 18:21

Italian electricity grid operator Terna SpA (TRN.MI) Monday showed ongoing tensions in Greece have done little to curb appetite for peripheral corporate debt as demand for its five-year paper topped EUR5 billion.

EDF: Unscheduled Shutdown On Reactor At Cattenom Nuclear Plant

EDF: Unscheduled Shutdown On Reactor At Cattenom Nuclear Plant

Παρ, 10 Φεβρουαρίου 2012 - 18:30

A French nuclear reactor has gone into an unscheduled shutdown, state energy giant Electricite de France SA (EDF.FR) said Friday, placing fresh pressure on a national power grid already strained by freezing temperatures.

German Gas Supply Still Disrupted By Continued Cold In Europe

German Gas Supply Still Disrupted By Continued Cold In Europe

Παρ, 10 Φεβρουαρίου 2012 - 18:29

A prolonged cold spell across much of Europe continues to disrupt the supply of natural gas within Germany, but increasingly milder weather, increased supplies from Russia and robust storage levels have stabilized the situation somewhat, said utilities and energy network operators Friday.