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Eni Says It Is Awarded New Barents Sea Exploration License

Eni Says It Is Awarded New Barents Sea Exploration License

Τετ, 18 Ιανουαρίου 2012 - 18:41

Eni SpA (E), Italy's biggest energy company by market value, said Wednesday it was awarded a new exploration license in the Barents Sea by Norway, as it seeks to expand in the hydrocarbon-rich region.

Abu Dhabi, China Seek Improved Upstream Ties

Abu Dhabi, China Seek Improved Upstream Ties

Τετ, 18 Ιανουαρίου 2012 - 13:43

Abu Dhabi has signed an agreement with China to develop greater upstream co-operation during Chinese premier Wen Jiabao's visit to the Mideast Gulf producer.

IAEA Delegation To Visit Iran January 29-31: Iran Envoy

IAEA Delegation To Visit Iran January 29-31: Iran Envoy

Τρι, 17 Ιανουαρίου 2012 - 18:56

A high-level IAEA delegation is to visit Iran January 29-31 to discuss issues it has over Tehran's nuclear program, Iran's envoy to the U.N. atomic watchdog said Tuesday according to the Fars news agency.

EU Policy Can Be Met With Nabucco Or Other Pipeline Options-Spokeswoman

EU Policy Can Be Met With Nabucco Or Other Pipeline Options-Spokeswoman

Τρι, 17 Ιανουαρίου 2012 - 18:56

The European Union's aim of importing gas from the Caspian region to diversify its natural gas supplies can be met with the Nabucco pipeline or with other leading pipeline options, provided that they comply with two conditions, a spokeswoman for the EU said Tuesday.

Oil Price, Politics Risks For Russia Views - Fitch

Oil Price, Politics Risks For Russia Views - Fitch

Τρι, 17 Ιανουαρίου 2012 - 18:55

Credit rating company Fitch Ratings could carry through either positive or negative rating actions on Russia, depending on the political and economic developments there, Managing Director Edward Parker told Dow Jones Newswires Tuesday.

Norway Awards 60 New Oil Production Licenses

Norway Awards 60 New Oil Production Licenses

Τρι, 17 Ιανουαρίου 2012 - 18:55

Norway has awarded 60 new production licenses to 42 oil companies in the "biggest ever" award in so-called predefined areas, Energy Minister Ola Borten Moe said Tuesday.

China Moves Towards Outright Emissions Caps

China Moves Towards Outright Emissions Caps

Τρι, 17 Ιανουαρίου 2012 - 15:36

The Chinese government instructed seven of the country's local governments on 13 January to draft emissions control targets and allocation plans. The move indicates that China is beginning to embrace the concept of outright emissions targets, which it has historically avoided.

Turkey to Take Iranian Gas Price to Arbitration

Turkey to Take Iranian Gas Price to Arbitration

Τρι, 17 Ιανουαρίου 2012 - 15:26

International arbitration over the price of Iranian natural gas is “inevitable” due to Tehran’s reluctance to provide a discount, Energy Minister Taner Yıldız said yesterday, just a day before Iran’s foreign minister comes to Turkey for economic cooperation talks.

Vestas Wind Exec: European Debt Crisis Seen Impacting Med Sales In 2012

Vestas Wind Exec: European Debt Crisis Seen Impacting Med Sales In 2012

Δευ, 16 Ιανουαρίου 2012 - 19:05

Vestas Wind Systems A/S (VWS.KO) expects southern Europe's sovereign debt crisis to continue to impact sales from the Mediterranean region this year and is banking on growth potential for wind power in the Middle East and North Africa to make up for muted sales from those markets in the coming few years, a senior executive said Monday.

Tepco: Board Members Not Responsible For Fukushima Disaster -Kyodo

Tepco: Board Members Not Responsible For Fukushima Disaster -Kyodo

Δευ, 16 Ιανουαρίου 2012 - 19:05

Tokyo Electric Power Co. (9501.TO), or Tepco, in a document sent by Monday to its shareholders, denies that any current or former board members hold responsibility for the Fukushima Daiichi nuclear plant disaster triggered by the March 2011 earthquake and tsunami in northeastern Japan, Kyodo News reported.

Statoil CFO: No Exposure To Southern Europe Government Debt, Banks

Statoil CFO: No Exposure To Southern Europe Government Debt, Banks

Δευ, 16 Ιανουαρίου 2012 - 19:04

Norwegian oil and gas company Statoil ASA (STO) said Monday it has no positions in government debt or banks in Southern Europe, but has moved its cash to government debt farther north and to highly rated and safer banks.