English Edition

Some 3% Of UK Gas Output Being Lost Because Of Elgin Leak

Παρ, 30 Μαρτίου 2012 - 17:23

Around 3% of the U.K. North Sea's gas output is being lost as a result of the continued shut-in of the Elgin field following a leak on a Total SA (TOT) platform, said U.K. Energy Minister Charles Hendry Friday.

Argus Launches Forward Price Assessments for Wholesale Electricity in Bulgaria and Greece

Παρ, 30 Μαρτίου 2012 - 13:59

Argus has become the first global energy price reporting organisation to provide forward price assessments for wholesale electricity in Bulgaria and Greece. The new weekly assessments are for physical month-ahead base-load power. They are published online and each Thursday in the daily Argus European Electricity report.

Mytilineos and Motor Oil to Hook Up for DEPA Bid

Πεμ, 29 Μαρτίου 2012 - 17:57

Mytilineos Holdings SA and Motor Oil Hellas SA will jointly express interest to acquire DEPA SA, Greece’s state-controlled natural gas supplier.

Bulgaria is Looking for Potential Investors in its Gas Turbine Power Plant

Πεμ, 29 Μαρτίου 2012 - 14:28

Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed.

Israel Could Export Natural Gas to Its Neighbors, Landau Says

Τετ, 28 Μαρτίου 2012 - 18:51

Israel could export recently discovered natural gas to Jordan and the Palestinian Territories, Israeli Energy Minister Uzi Landau said at a conference in Athens today.

Russia Deputy Energy Min: Oil To EU Likely To Rise After Iran Embargo

Τετ, 28 Μαρτίου 2012 - 18:50

Russian oil exports to the European Union are likely to increase, as the bloc goes ahead with an embargo on imports from Iran, Russia's Deputy Energy Minister Anatoly Yanovsky said Wednesday.

Cnooc 2011 Net Profit Rises 29% To CNY70.26 Bln

Τετ, 28 Μαρτίου 2012 - 18:49

Cnooc Ltd. (CEO), China's biggest offshore oil and gas producer by output, Wednesday reported a 29% increase in 2011 net profit because of higher oil prices, though it set a conservative production output target this year following the shutdown of its Bohai Bay oil field in northeast China in September.

China To Reform Residential Power Pricing In 1H

Τετ, 28 Μαρτίου 2012 - 18:49

China will introduce a progressive pricing system for residential electricity in the first half of the year, China National Radio reported Wednesday, citing a government official.

Gazprom To Launch Sakhalin-3 This Year; Targets 4.2 BCM/Year

Τετ, 28 Μαρτίου 2012 - 18:48

Russian state gas firm OAO Gazprom (GAZP.RS) will begin production at its massive Sakhalin-3 offshore gas project in the Far East in the second half of the year and reach output of 4.2 billion cubic meters a year by 2015, the company said Wednesday.

Spain's Ibereolica Plans $2.6 Bln Solar Energy Project In Chile

Τετ, 28 Μαρτίου 2012 - 18:48

Spanish energy company Ibereolica plans to build the largest solar energy park in Chile and submitted its $2.6 billion project to the environmental authorities for approval.

The Turkish Petroleum Corporation (TPAO) will Start Receiving Bids for the Oil Search on May 15

Τετ, 28 Μαρτίου 2012 - 16:06

Turkey’s national oil and gas company and energy regulator will soon receive applications from corporations to search for oil in Turkey and import natural gas from Iraq, respectively.

Kurdistan: Iraq Must Seek Approval For Kirkuk Oil Field Upgrade

Τρι, 27 Μαρτίου 2012 - 18:04

The Kurdistan Regional Government in northern Iraq said Monday that Iraq's federal government needs to seek its approval before signing deals to develop the giant Kirkuk oil field.

Russian Energy Ministry Proposes New Oil Export Duty

Τρι, 27 Μαρτίου 2012 - 18:03

Russia's energy ministry has proposed a new oil tax regime that will lower the export duty on crude oil and oil products starting in 2014, the Interfax news agency reported late Monday citing a letter from Deputy Energy Minister Sergey Kudryashov to the government.