Iraq Eyes 2.9 Mln B/D Oil Exports In 2013 Τετ, 25 Απριλίου 2012 - 18:37 Iraq is targeting to export 2.9 million barrels of oil a day in 2013, up from 2.3 million barrels a day now, the country's oil minister said Wednesday.
Gazprom To Increase Oil Output By 48% to 80 Mln Tons By 2020 Τετ, 25 Απριλίου 2012 - 18:36 Russian state gas producer OAO Gazprom (GAZP.RS) expects to increase annual oil production to 80 million metric tons by 2020, up 48.4% on the 2011 output, the company said in a statement Wednesday.
Iran Considers Halting Nuclear Expansion To Avert EU Oil Ban Τετ, 25 Απριλίου 2012 - 18:36 Iran will weigh a Russian proposal calling for a halt to an expansion of the country's nuclear program as a way to avert fresh sanctions, one of its envoys said Wednesday, Bloomberg News reported on its website.
IEA Urges Ramp-up In CO2 Capture To Avert Temperature Rise Τετ, 25 Απριλίου 2012 - 18:36 Clean energy technologies aren't being deployed fast enough, putting the world on track for a temperature increase of at least six degrees Celsius under current policies, the International Energy Agency said Wednesday.
Greek Regulator Asks Traders for Financial Guarantees Τετ, 25 Απριλίου 2012 - 16:57 Greece's Regulatory Authority for Energy (RAE) has written to 30 supply and trading companies asking them to pay their undisclosed debts or risk having their licences revoked. The RAE has also asked the firms to submit financial guarantees to electricity market operator Lagie and grid operator Admie.
Rosneft Picks Italy’s Eni to Develop Offshore Deposits Τετ, 25 Απριλίου 2012 - 16:11 Russian state-run oil major Rosneft has picked Italy’s Eni to jointly develop Black and Barents Sea offshore deposits, following a strategic partnership agreement signed by the companies on Wednesday.
Cnooc CEO Says Exploration Progress Supports Growth Targets Τρι, 24 Απριλίου 2012 - 17:57 Cnooc Ltd. (CEO), China's third-largest oil company by assets, is aiming for compound annual production growth of 6% to 10% between 2011 to 2015, it said Tuesday.
RWE Discovers 4-13 Bln Cubic Meters Of Gas In Norwegian Sea Τρι, 24 Απριλίου 2012 - 17:57 German utility RWA AG (RWE.XE) said Tuesday it has discovered an estimated 4 billion to 13 billion cubic metres of gas in the Norwegian Sea.
Iran's Shipping Giant To Boost Fleet Despite Sanctions Τρι, 24 Απριλίου 2012 - 17:56 Iran's giant oil-tanker company NITC is set to boost its fleet with new large tankers by the end of next year, an Iranian official said Tuesday, as demand for its ships gets a boost despite sanctions against Tehran.
Saudi Arabia Fuel Oil Demand To Ramp Up -BarCap Τρι, 24 Απριλίου 2012 - 17:56 Fuel oil prices are likely to rise in 2Q12 and into 2013 as an upswing in power generation in Saudi Arabia kicks in this summer.
CNPC Offers Help To South Sudan To Build Alternate Oil Pipeline Τρι, 24 Απριλίου 2012 - 17:56 China has signaled an interest in a long-term role in South Sudan's oil sector, and has offered to help build an export pipeline and provide technical help once the crisis with neighboring Sudan eases, a South Sudanese official said Tuesday.
Russian Minister Says TNK-BP To Speed Pipeline Modernization Τρι, 24 Απριλίου 2012 - 17:55 TNK-BP Holding (TNBP.RS) has promised the Russian government to speed modernization of its pipelines after the state's criticism of the company's ecological policy, Yury Trutnev, Russia's natural resources and environment minister, said Tuesday, Interfax reported.
Azerbaijani Minister Confident on Trans Anatolia Pipeline Deal Τρι, 24 Απριλίου 2012 - 14:52 An agreement with Turkey on construction of the Trans-Anatolian gas pipeline is more or less ready for signing, Azerbaijan's energy minister has said.
Turkey May Purchase Natural Gas from Qatar Δευ, 23 Απριλίου 2012 - 15:04 Turkey’s energy and natural resources minister said on April 21 that Turkey was willing to purchase natural gas from Qatar to meet its growing natural gas needs.
E.ON Eyes Link With Batista's Oil Group Δευ, 23 Απριλίου 2012 - 14:57 Brazil's richest man, Eike Batista, is in talks with German utility E.ON AG (EOAN.XE) over the creation of a joint venture to exploit Brazil's oil and gas reserves, the Financial Times reported on its website Sunday.
China Approves First Phase Of $9.21 Bln Refinery By CNPC, Petroleos De Venezuela Δευ, 23 Απριλίου 2012 - 14:56 China's State Council, or cabinet, has formally approved the initial phase of construction on a CNY58 billion ($9.21 billion) refinery project by China National Petroleum Corp. and Petroleos de Venezuela SA, a person familiar with the situation said Monday.