English Edition

South Korea Oil Refiners' 2011 Exports Up 64%; Profits Jump -Yonhap

Δευ, 13 Φεβρουαρίου 2012 - 18:23

South Korea's four oil refining companies saw the combined value of their exports of refined products and petrochemicals rise by 64% in 2011, to $47.9 billion, Yonhap news agency reported Monday, citing data from the companies.

Sinopec To Invest CNY53 Bln In Xinjiang To Boost Oil, Gas Output -Report

Δευ, 13 Φεβρουαρίου 2012 - 18:22

China Petrochemical Corp., known as Sinopec Group, plans to invest CNY53 billion ($8.41 billion) in Xinjiang province by 2015 to boost production of crude oil, natural gas and refining capacity, Xinjiang news agency Tianshannet reported, without citing sources.

Azerbaijan Slams Iran's Israel Spy Claim As Slander

Δευ, 13 Φεβρουαρίου 2012 - 18:22

Azerbaijan on Monday rejected as "slander" Iranian claims that Baku has been collaborating with Israel's spy services and helping assassins who have killed Iranian nuclear scientists.

Qatar To Build New $5.5 Billion Petchem Plant By 2018

Δευ, 13 Φεβρουαρίου 2012 - 18:21

Qatar will build a $5.5 billion petrochemical plant in the northern industrial city of Ras Laffan by 2018, as the Gulf state steps up investment to utilize its huge gas reserves.

Exxon Barred From Iraq's 4th Energy Licensing Round

Δευ, 13 Φεβρουαρίου 2012 - 18:21

U.S. energy giant Exxon Mobil Corp. (XOM) will be barred from Iraq's fourth oil-and-gas licensing auction, scheduled for May, because of the deals it struck with the country's semi-autonomous Kurdistan region, a spokesman for Iraq's Deputy Prime Minster for Energy Hussein al-Shahristani said Monday.

Terna Deal Sparks Renewed Demand For Peripheral Debt

Δευ, 13 Φεβρουαρίου 2012 - 18:21

Italian electricity grid operator Terna SpA (TRN.MI) Monday showed ongoing tensions in Greece have done little to curb appetite for peripheral corporate debt as demand for its five-year paper topped EUR5 billion.

Azerbajiani Ambassador Praises Energy Cooperation with Turkey

Δευ, 13 Φεβρουαρίου 2012 - 14:29

Azerbaijan's ambassador to Turkey has described the relationship between the two countries as perfect and unique.

Gazprom To Double European Gas Storage Capacity By 2015

Παρ, 10 Φεβρουαρίου 2012 - 18:30

Russian state gas firm OAO Gazprom (GAZP.RS) plans to almost double the capacity of its underground gas storage capacity in Europe by 2015, the company said Friday.

EDF: Unscheduled Shutdown On Reactor At Cattenom Nuclear Plant

Παρ, 10 Φεβρουαρίου 2012 - 18:30

A French nuclear reactor has gone into an unscheduled shutdown, state energy giant Electricite de France SA (EDF.FR) said Friday, placing fresh pressure on a national power grid already strained by freezing temperatures.

German Gas Supply Still Disrupted By Continued Cold In Europe

Παρ, 10 Φεβρουαρίου 2012 - 18:29

A prolonged cold spell across much of Europe continues to disrupt the supply of natural gas within Germany, but increasingly milder weather, increased supplies from Russia and robust storage levels have stabilized the situation somewhat, said utilities and energy network operators Friday.

Kenya Aims To Produce 4000MW Of Nuclear Energy By 2030 - Nuclear Committee

Παρ, 10 Φεβρουαρίου 2012 - 18:28

Kenya aims to produce at least 4000 megawatts of nuclear power by 2030, as well as increasing its use of geothermal, coal and wind farms, its Nuclear Energy Project Committee, or NEPC, said Friday.

Total To Boost Investments As Profits Rise On Oil Prices

Παρ, 10 Φεβρουαρίου 2012 - 18:28

French oil giant Total SA (TOT) Friday said 2012 has begun favorably and that it will step up investments over the next three years after it reported a 12.8% increase in fourth-quarter net income on high oil prices and in spite of weak downstream markets and stable output.

EU Countries That Favor Nuclear Energy Move To Strengthen Ties

Παρ, 10 Φεβρουαρίου 2012 - 18:26

Ministers from 16 European countries that back nuclear power pledged to continue to work together to promote the fuel following a meeting Friday to discuss nuclear energy's place in Europe's energy mix.