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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.

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

Δευ, 23 Απριλίου 2012 - 14:56

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

Δευ, 23 Απριλίου 2012 - 14:55

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

Δευ, 23 Απριλίου 2012 - 14:55

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.