English Edition

Eni Sees 10% E&P Growth In 2012 Net Of Production Sharing Deals

Τετ, 15 Φεβρουαρίου 2012 - 19:04

Eni SpA (E), Italy's biggest oil-and-natural-gas company by market value, Wednesday said it expects exploration and production growth this year of about 10%, net of production sharing agreements, or PSAs.

Iran Adds 3,000 More Centrifuges To Nuclear Programme - Ahmadinejad

Τετ, 15 Φεβρουαρίου 2012 - 19:04

Iran has added 3,000 more centrifuges to its uranium enrichment effort, President Mahmoud Ahmadinejad said Wednesday as he unveiled progress in his country's controversial nuclear program.

Iraq Sweetening New Energy Bid Round Terms - Official

Τετ, 15 Φεβρουαρίου 2012 - 19:03

Iraq is sweetening the terms to be offered to international companies ahead of a new bidding round for 12 exploration blocks, a senior Oil Ministry official said Wednesday.

EU: Received Letter From Iran On Resuming Nuclear Talks

Τετ, 15 Φεβρουαρίου 2012 - 19:03

The European Union confirmed Wednesday afternoon that Iran's chief nuclear negotiator had replied to the letter EU foreign policy chief Catherine Ashton sent him in October offering to re-open talks on Iran's nuclear program.

Bulgaria To Raise Natgas, Heating Prices as of Apr 1

Τετ, 15 Φεβρουαρίου 2012 - 17:43

Bulgaria will raise natural gas and heating prices as of April 1, the chairman of the country's energy regulator said without specifying the exact size of the increase.

Serbia Expects Normalisation of Energy Supplies on Monday

Τετ, 15 Φεβρουαρίου 2012 - 13:37

Member of Serbia's Working group for monitoring the situation regarding the security of energy supply in the 2011/2012 heating season Petar Skundric said that normalisation of the situation in energy supplies is expected on Monday, and called on citizens to continue to save electricity.

Israeli Cos Likely to Bid in New Cypriot Gas Tenders

Τετ, 15 Φεβρουαρίου 2012 - 13:35

Israeli companies will likely participate in the new Cypriot gas tenders. The Cypriot government has published tenders for 12 offshore blocks in its exclusive economic zone.

South Stream Investment Decision Due in November

Τετ, 15 Φεβρουαρίου 2012 - 13:12

Russian energy giant Gazprom will make a final investment decision on the South Stream gas pipeline project intended to carry natural gas to Europe, bypassing transit countries, in November this year, Gazprom said on Wednesday.

BP Loses Bid To Dismiss Investor Fraud Claims Over Gulf Spill

Τρι, 14 Φεβρουαρίου 2012 - 18:48

BP PLC (BP) lost a court bid to dismiss investors' fraud claims over the 2010 Gulf of Mexico oil spill, Bloomberg News reported Tuesday.

Quake Hits Eastern Japan, Nuclear Plant Stable

Τρι, 14 Φεβρουαρίου 2012 - 18:48

A powerful earthquake rocked eastern Japan Tuesday, but no tsunami warning was issued and no damage was reported at the crippled Fukushima nuclear plant.

Iran Oil Minister In China Amid Pricing Dispute

Τρι, 14 Φεβρουαρίου 2012 - 18:48

Iran's Oil Minister Rostam Ghasemi is currently in China, an Iranian oil official said Tuesday, amid an oil-pricing dispute that has led to a sharp drop in Beijing's crude imports from the Islamic Republic.

Lukoil To Spend $29B In North Caspian By 2025

Τρι, 14 Φεβρουαρίου 2012 - 18:47

Russia's biggest independent oil producer OAO Lukoil Holdings (LKOH.RS) plans to invest $29 billion until 2025 to develop hydrocarbons in the North Caspian region, the Interfax news agency reports Tuesday citing Lukoil Chief Executive Vagit Alekperov.

Iran To Unveil Nuclear Achievements Wednesday

Τρι, 14 Φεβρουαρίου 2012 - 18:47

Iranian President Mahmoud Ahmadinejad is to unveil several unspecified nuclear "achievements" on Wednesday, his government's website said.