English Edition

Angola Oil Exports Seen 1.61M B/D In Mar, Down Vs Feb

Δευ, 16 Ιανουαρίου 2012 - 19:03

Angolan loading volumes are set to fall in March, according to the provisional loading program seen by Dow Jones Newswires Monday.

Saipem Secures $600 Million Onshore Contracts In Saudi Arabia

Παρ, 13 Ιανουαρίου 2012 - 18:35

Saipem SpA (SPM.MI), Europe's biggest oil services company by market value, said Friday it clinched engineering and construction onshore contracts worth about $600 million.

EU Diplomat: No Convergence On Any One Iran Sanction Date Yet

Παρ, 13 Ιανουαρίου 2012 - 18:34

Discussions about a package of measures designed to deter Iran from its nuclear program are ongoing, according to the European External Action Service, which is chairing the talks.

Lukoil 2011 Oil Output Down 5.5% To 90.7 Million Tons

Παρ, 13 Ιανουαρίου 2012 - 18:34

Russia's largest private oil company OAO Lukoil Holdings (LKOH.RS) said Friday it expects its oil production in 2011 to fall 5.5% from 2010, and sets output stabilization at its traditional areas of operations and higher free cash flow amid its top priorities for 2012.

Fitch: Italy's 2012-15 Transmission and Distribution Price Review Rating Neutral

Παρ, 13 Ιανουαρίου 2012 - 18:33

Fitch Ratings says that the final tariff proposal for FY2012-2015 for Italian electricity transmission and distribution networks published on 30 December 2011 by the Italian industry regulator, the Authority for Electricity Energy and Gas (AEEG), is broadly rating neutral for network operators rated by Fitch, including Terna Spa ('A'/Negative), Acea Spa ('A'/Rating Watch Negative) and Enel Spa ('A-'/Stable).

Russia's Gazprom Rejects Ukraine Proposal To Cut Gas Purchases

Πεμ, 12 Ιανουαρίου 2012 - 18:46

Russia's gas-export monopoly Thursday rejected a Ukrainian proposal to cut sharply the amount of gas it purchases from Russia.

Petroplus Deal With Banks Gives Refiner Time To Restructure

Πεμ, 12 Ιανουαρίου 2012 - 18:46

Swiss-based Petroplus Holdings AG's (PPHN.EB) eleventh hour finance deal allows the European refiner to restructure its loss-making business while it negotiates a possible crude supply partnership, but it could just end up being a stay of execution, analysts said Thursday.

Delek Group Loans Units $25M To Develop Israeli Offshore Gas Fields

Πεμ, 12 Ιανουαρίου 2012 - 18:45

Delek Group Ltd. (DLEKG.TV) said Thursday that it has made short-term loans to two of its energy subsidiaries so they can continue developing two natural gas fields offshore Israel while appealing a government decision barring them from taking more credit from the lender HSBC.

Novatek 4Q Gas Output Up 33.4% At 14.53 BCM

Πεμ, 12 Ιανουαρίου 2012 - 18:45

Russian independent natural gas producer OAO Novatek (NVTK.RS) said Thursday its gas production in the fourth quarter increased by a third compared with the same period of 2010, while the 2011 full-year gas production was up 41.7% from 2010.

Japan Tells Geithner It Will Reduce Iranian Crude Imports

Πεμ, 12 Ιανουαρίου 2012 - 18:45

Japan's finance minister told visiting U.S. Treasury Secretary Timothy Geithner Thursday that his country will take steps to reduce its dependency on oil imports from Iran, taking a much more conciliatory approach to the matter than China did a few days ago.

Germany's Solar Energy Industry To Continue Rapid Advance - Association

Πεμ, 12 Ιανουαρίου 2012 - 18:44

Solar energy will continue its rapid expansion in Germany in the next four years, but the resulting increase in power prices will only be marginal as subsidies and component prices are set to decline further, the country's solar energy association said Thursday.