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Eni Sees 2012-15 Output Growth Above 3% A Year On Higher Capex

Πεμ, 15 Μαρτίου 2012 - 18:45

Eni SpA (E), Italy's biggest oil and natural gas company by volume, Thursday said its new four-year EUR59.6 billion investment plan estimates average annual hydrocarbon production growth of more than 3% through 2015.

DESFA Calls for Bids to Build New LNG Storage in Revythoussa

Πεμ, 15 Μαρτίου 2012 - 16:09

Natural gas grid operator DESFA invited international investors to bid for the design and construction of a third liquefied natural gas storage tank at its Revithoussa LNG terminal facility near Athens.

Moscow to Get Solar-Powered Bus Stops

Πεμ, 15 Μαρτίου 2012 - 14:10

Moscow is not known for its sunshine, but city authorities believe it gets enough sunlight to afford solar-powered bus stops, Kommersant reported on Thursday.

SolarWorld AG Presents New Mounting System for Greek Market and Launches Partner Program in Athens

Πεμ, 15 Μαρτίου 2012 - 13:26

SolarWorld AG will introduce new solutions for the installation of solar power modules at the Ecotec in Athens, the largest trade show for renewable energy in Greece, from March 15 to 18. The company will also unveil a new program for installers who can qualify as certified trade partners.

IEC Signs Gas Contract with Tamar

Πεμ, 15 Μαρτίου 2012 - 12:15

Representatives of Israel Electric Corporation (IEC) and the "Tamar" partnerships signed the country's largest ever gas supply contract today. Under the agreement, IEC will buy a basic quantity of 3 billion BCM of gas annually from Tamar for 15 years. The quantity is expected to grow over the contract period, subject to certain conditions.

Energy Market is a Fine Balancing Act for Greece

Τετ, 14 Μαρτίου 2012 - 18:50

Greece faces the risk of missing out on yet another opportunity for becoming a geopolitical hub in the energy transport market following the announcement by the consortium developing Azerbaijan’s Shah Deniz II gas field that it has selected the Trans Adriatic Pipeline (TAP) project for the route that would make landfall in Italy, instead of the Greek-Italian proposal for the Interconnector Turkey-Greece-Italy (ITGI) pipeline.

Bulgarian Govt Approves Nabucco Project Support Agreement

Τετ, 14 Μαρτίου 2012 - 18:24

Bulgaria's government approved a project support agreement for the Nabucco gas pipeline.

Romania's Transelectrica Sets Public Offering Price Range

Τρι, 13 Μαρτίου 2012 - 18:36

Romanian state-run power grid operator Transelectrica (TEL.RO) has set its secondary public offering price band at 14.9 to 19.2 lei ($4.46 to $5.75) a share, the company said Tuesday, news agency Mediafax reported.

Azerbaijan, Turkey Seen Signing South Caucasus Pipe Deal Next Week

Τρι, 13 Μαρτίου 2012 - 18:36

Azerbaijan and Turkey are set to sign an agreement to move forward with the Turkish part of the South Caucasus gas pipeline, the Azerbaijani Energy Minister Natik Aliev said Tuesday.

Total In Discussions To Enter Iraqi Kurdistan

Τρι, 13 Μαρτίου 2012 - 18:35

Total SA (TOT) is in talks to enter Iraqi Kurdistan, the head of the French oil giant said Tuesday, the latest major to disclose concrete steps to enter the autonomous region.

Sonangol's Iraq Field Still Under Force Majeure

Τρι, 13 Μαρτίου 2012 - 18:35

Sonangol's Iraq oil project remains under force majeure following an attack last year, a director with the Angolan state company said Tuesday.

Fuel Prices in Bulgaria Have Climbed to a New Record High

Τρι, 13 Μαρτίου 2012 - 14:27

Fuel prices in Bulgaria have climbed to a new record high with the start of the new week amid an oil price spike on international markets.

Noble Energy Set to Lay Pipeline from Block 12

Τρι, 13 Μαρτίου 2012 - 14:20

Noble Energy Inc.(NYSE:NBL) is preparing to lay an underground pipeline from Block 12 to Cyprus, according to media reports on the island. The pipeline is reportedly part of a venture to set up an LNG terminal off Cyprus's southern coast that will enable the liquefying gas for export to Europew and Asia. The pipeline would be 300 kilometers long and the cost is expected to reach $2 billion.