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Mediterranean Oil & Gas Makes Solid Start To 2012, Plans To Repay Debt

Mediterranean Oil & Gas Makes Solid Start To 2012, Plans To Repay Debt

Mediterranean Oil & Gas PLC (MOG.LN), a central Mediterranean producer, developer and explorer of oil and gas assets, said Monday it has made a solid start to 2012 having delivered reliable cash flow from its producing assets in Italy, and acquiring the seismic data required to evaluate prospective resources offshore Malta.

Iran Oil Ministry Under Cyber Attack

Iran Oil Ministry Under Cyber Attack

Iran's oil ministry and its affiliates have come under a "cyber attack" and a specialized team has been assembled to confront it, Iranian media reported Monday.

China March Coal Imports Rise 93% To 17.08 Mln Tons

China March Coal Imports Rise 93% To 17.08 Mln Tons

China's March coal imports nearly doubled from a year ago, mainly due to rising electricity consumption, higher domestic coal prices--which made imports more attractive--as well as a buying spree by coal suppliers looking to stock up for peak power demand in summer.

German Power Demand Falls In Jan-Feb, Gas Demand Rises

German Power Demand Falls In Jan-Feb, Gas Demand Rises

Electricity demand in Germany fell around 3.7% on the year in the first two months of 2012 due to mild temperatures and weak economic activity abroad, said the country's main energy industry group BDEW Monday.

Total: Decrease In Gas Leak Rate Confirmed At Elgin Platform

Total: Decrease In Gas Leak Rate Confirmed At Elgin Platform

Total SA (TOT) Friday said that the latest scientific flights over its North Sea platform of Elgin confirmed the decrease in the gas leak rate that forced the oil major to abandon and power down the platform.

Iran Accuses Saudi Arabia Of Breaching OPEC Ceiling

Iran Accuses Saudi Arabia Of Breaching OPEC Ceiling

Iran Thursday accused Saudi Arabia of breaching a collective OPEC agreement, reviving fears that the producer group's fractious meeting last year could be repeated.

Armenia Extends Life Of Soviet-era Nuclear Reactor

Armenia Extends Life Of Soviet-era Nuclear Reactor

Armenia said Thursday it had decided to extend the life of its Soviet-era nuclear reactor by four years until 2020 despite concerns raised by environmentalists in the earthquake-prone country.

German Energy Industry Calls for CHP Subsidy Boost

German Energy Industry Calls for CHP Subsidy Boost

A group of seven German energy associations have urged the government to increase subsidies for combined heat and power (CHP) plants or risk jeopardising investment in the sector.

ExxonMobil Cut from Iraq Bidding Round

ExxonMobil Cut from Iraq Bidding Round

Supermajor Exxon Mobil has been excluded from the final list of 47 pre-qualified bidders for Iraq’s upcoming fourth exploration round.

Nord Stream: Completed Line 2 Construction, Operational End 2012

Nord Stream: Completed Line 2 Construction, Operational End 2012

International pipeline consortium Nord Stream has completed the second of its twin gas pipelines through the Baltic Sea ahead of schedule, the company said Wednesday, with the operational transit of gas set to begin this year.

Tokyo Mega-Quake Would Kill More Than 9,000 -Govt Simulation

Tokyo Mega-Quake Would Kill More Than 9,000 -Govt Simulation

More than 9,600 people would die with nearly 150,000 injured if a mega-quake struck Tokyo, a disaster that would also level large parts of the Japanese capital, a government projection said Wednesday.