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Total To Boost Investments As Profits Rise On Oil Prices

Total To Boost Investments As Profits Rise On Oil Prices

Παρ, 10 Φεβρουαρίου 2012 - 18:28

French oil giant Total SA (TOT) Friday said 2012 has begun favorably and that it will step up investments over the next three years after it reported a 12.8% increase in fourth-quarter net income on high oil prices and in spite of weak downstream markets and stable output.

EU Countries That Favor Nuclear Energy Move To Strengthen Ties

EU Countries That Favor Nuclear Energy Move To Strengthen Ties

Παρ, 10 Φεβρουαρίου 2012 - 18:26

Ministers from 16 European countries that back nuclear power pledged to continue to work together to promote the fuel following a meeting Friday to discuss nuclear energy's place in Europe's energy mix.

New US State Departments Office For Energy To Be Stationed In Cyprus

New US State Department's Office For Energy To Be Stationed In Cyprus

Παρ, 10 Φεβρουαρίου 2012 - 15:34

The US State Department has created a regional office for energy issues in South Europe and North Africa and Cyprus has been chosen as its headquarters.The office in Cyprus will be under the Bureau of Energy Resources (ENR) of the US State Department.

Noble Energy Seeks Strategic Partner for Leviathan, Block 12

Noble Energy Seeks Strategic Partner for Leviathan, Block 12

Παρ, 10 Φεβρουαρίου 2012 - 14:46

Clal Finance analyst Yaron Zar notes thatNoble Energy Inc.(NYSE:NBL) is seeking a strategic partner for the Leviathan and Cypriot Block 12 fields within 6-9 months. In a presentation earlier this week, the company said it has an "advisor to assist in screening strategic partners."

Gazprom May Bid for Cypriot Shelf in Spring

Gazprom May Bid for Cypriot Shelf in Spring

Παρ, 10 Φεβρουαρίου 2012 - 14:45

Russian gas giant Gazprom may participate in a tender to develop hydrocarbons on the southern shelf of Cyprus this spring, Georgiy Petrov, vice-president of Russia's Chamber of Commerce and Industry, said on Friday.

Germany Forced To Tap Into Electricity Reserves

Germany Forced To Tap Into Electricity Reserves

Πεμ, 9 Φεβρουαρίου 2012 - 18:37

Germany was forced to draw on its reserves for producing electricity Wednesday for the second time this winter as Europe is gripped by a severe cold snap.

Saudi To Keep March Oil Supply To Europe Steady -Trade

Saudi To Keep March Oil Supply To Europe Steady -Trade

Πεμ, 9 Φεβρουαρίου 2012 - 18:37

Saudi Arabian Oil Co., or Saudi Aramco, will supply full term volumes of crude to its European customers in March, unchanged from last month, people familiar with the situation at three European customers told Dow Jones Newswires Thursday.

Clouds Over Solar Project

Clouds Over Solar Project

Πεμ, 9 Φεβρουαρίου 2012 - 15:09

The German government poured cold water on Greek hopes of support for a mammoth photovoltaics project named Helios that would see the installation of a solar panel system in Greece and the power produced transmitted to Germany.

Turkey Hopes To Resume Gas Supply To Greece By Wed-Minister

Turkey Hopes To Resume Gas Supply To Greece By Wed-Minister

Τρι, 7 Φεβρουαρίου 2012 - 18:52

Turkey hopes to restore gas supplies to Greece by Wednesday after technical problems stopped gas destined for Greece reaching Turkey from Azerbaijan and Iran, Turkish energy minister Taner Yildiz said Tuesday.

Gadhafi Opponent Named As Libyas New Spy Chief

Gadhafi Opponent Named As Libya's New Spy Chief

Τρι, 7 Φεβρουαρίου 2012 - 18:52

Libya's ruling National Transitional Council on Tuesday appointed an opponent of slain dictator Moammar Gadhafi as the country's new intelligence chief, a member of the council told AFP.

EU Considering How To Strengthen CO2 Market -Climate Chief

EU Considering How To Strengthen CO2 Market -Climate Chief

Τρι, 7 Φεβρουαρίου 2012 - 18:51

The European Union's executive body is considering how to strengthen the bloc's carbon market, the Commissioner for Climate Change said Tuesday, in a sign that the debate on how to boost carbon dioxide prices is catching the attention of the highest policy makers in the EU.

EU Energy Chief: EU Biofuel Policy Must Be Sustainable

EU Energy Chief: EU Biofuel Policy Must Be Sustainable

Τρι, 7 Φεβρουαρίου 2012 - 18:51

The European Union has to make sure its biofuel policy is sustainable before moving beyond a current target it has set for 2020, the European Energy Commissioner said Tuesday.