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China Mulls Energy Super-Ministry In 2013

China Mulls Energy Super-Ministry In 2013

Παρ, 6 Ιανουαρίου 2012 - 13:39

China could create an energy "super-ministry" to replace the National Energy Administration as part of a sweeping reshuffle in 2013, Reuters reported Friday, citing two unnamed sources.

Screws Tighten on Iran as Big Buyers Shun its Oil

Screws Tighten on Iran as Big Buyers Shun its Oil

Παρ, 6 Ιανουαρίου 2012 - 09:41

Iran faced the prospect of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear program appeared to be driving its economy to the wall.

Japan Looking at Taking Control of Nuclear Power

Japan Looking at Taking Control of Nuclear Power

Παρ, 6 Ιανουαρίου 2012 - 09:39

Japan's government is considering taking control of the nation's nuclear power plants away from private utilities, in a bid to improve accountability of the industry, the Yomiuri newspaper reported on Friday, as quoted by Reuters.

Iraq 2011 Oil Exports +12.7% On Year At 2.165 Mln B/d - SOMO

Iraq 2011 Oil Exports +12.7% On Year At 2.165 Mln B/d - SOMO

Πεμ, 5 Ιανουαρίου 2012 - 18:31

Iraq's crude oil exports averaged 2.165 million barrels a day in 2011, a 12.7% increase over the previous year due to the development of its southern oil fields, the head of the State Oil Marketing Organization, or SOMO, said Thursday.

OPEC Dec Oil Production 1M B/D Above New Output Ceiling

OPEC Dec Oil Production 1M B/D Above New Output Ceiling

Πεμ, 5 Ιανουαρίου 2012 - 18:31

The Organization of Petroleum Exporting Countries produced just over 31 million barrels of oil a day in December, implying that the oil market could face a significant production cut if the group swiftly moves in line with the new 30 million barrel a day production ceiling agreed last month.

Iran Wants Nuclear Talks To Resume In Turkey

Iran Wants Nuclear Talks To Resume In Turkey

Πεμ, 5 Ιανουαρίου 2012 - 18:30

Iran's foreign minister said Thursday he would like to see talks with world powers on his country's nuclear program resume in Turkey, but was waiting for a venue and date to be agreed.

BP Slammed By Norway Regulator For Valhall Fire

BP Slammed By Norway Regulator For Valhall Fire

Πεμ, 5 Ιανουαρίου 2012 - 18:29

BP PLC (BP.LN) has been ordered to take immediate steps to address a number of "serious breaches" of regulations in connection with a fire on its Valhall platform last year, Norway's offshore safety authority said Thursday.

Kuwait, China Closer To $9 Bln Refinery, Petchem JV Deal

Kuwait, China Closer To $9 Bln Refinery, Petchem JV Deal

Πεμ, 5 Ιανουαρίου 2012 - 18:29

State-run Kuwait Petroleum Corp., or KPC, and China Petrochemical Corp. (SNP), or Sinopec, have moved closer to conclude an acceptable deal for implementing a $9 billion joint refinery and petrochemical project in China, state-run Kuwait News Agency, or Kuna, reports Thursday citing an executive.

Brazil Electricity Use To Grow 4.5% A Year Through 2021 -EPE

Brazil Electricity Use To Grow 4.5% A Year Through 2021 -EPE

Τετ, 4 Ιανουαρίου 2012 - 18:34

Brazil's electricity consumption will expand by an average of 4.5% per year through 2021 as the country continues its pattern of sustained economic growth, the government-run National Energy Research Corporation, or EPE, said Wednesday.

Iraq Delays Energy Bidding Round To April - Official

Iraq Delays Energy Bidding Round To April - Official

Τετ, 4 Ιανουαρίου 2012 - 18:34

Iraq has postponed by a month its fourth oil-and-gas bidding round, to April 11-12, when it will auction 12 promising exploration blocks to international companies, a senior Oil Ministry official said Wednesday.

EDF CFO: Investment Plans Unchanged From July 2011

EDF CFO: Investment Plans Unchanged From July 2011

Τετ, 4 Ιανουαρίου 2012 - 18:33

French state-controlled power giant Electricite de France SA's (EDF.FR) initial investment plans remain unchanged, its Chief Financial Officer Thomas Piquemal said Wednesday, despite it facing extra costs from additional measures required by France's nuclear safety watchdog.