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KazMunaiGas Lays Out Growth Plan After Strike Hits 3Q Profits

Δευ, 14 Νοεμβρίου 2011 - 21:01

KazMunaiGas Exploration Production (KMGq.L) Monday said new exploration in its home market, along with acquisitions, would position the company to move beyond a recent labor strike that marred third-quarter results.

E.ON Sues Germany Over Nuclear Exit Decision, Seeks Damages

Δευ, 14 Νοεμβρίου 2011 - 21:01

E.ON AG (EOAN.XE) Monday became the first of Germany's four nuclear reactor operators to take the government to court over a decision earlier this year to accelerate the planned exit from nuclear energy, saying the company's proprietary rights have been affected and it should be compensated.

Alstom Signs EUR30M Contract In India

Δευ, 14 Νοεμβρίου 2011 - 21:00

Alstom Grid, a unit of French power engineering company Alstom SA (ALO.FR), said Monday it was awarded contracts worth EUR30 million by Power Grid Corporation of India (532898.BY) for the supply and construction of a high voltage substation located at Bareily, in the Uttar Pradesh State of India.

Pentagon: US Shifts Predator Drones From Iraq To Turkey

Δευ, 14 Νοεμβρίου 2011 - 21:00

The United States has deployed Predator drones to Turkey from Iraq for surveillance flights in support of Ankara's fight against Kurdish rebels, a Pentagon spokesman said Monday.

French Finance Minister Tells Areva To Speed Up Recovery Effort- Report

Δευ, 14 Νοεμβρίου 2011 - 20:59

It is essential to speed up recovery efforts on profitability, French Finance Minister Francois Baroin told Jean-Cyril Spinetta, the president of French power and transport engineering group Areva SA (AREVA.FR) in a letter, published Monday by French Internet news site Owni.

Cyprus Hydrocarbons and Wealth Distribution

Δευ, 14 Νοεμβρίου 2011 - 13:52

The Friedrich Ebert Foundation (FES) and the PRIO Cyprus Centre (PCC) will host a one day conference on “Cyprus Offshore Hydrocarbons: Wealth Distribution and Regional Politics.”

Serbia will Become a First-Class Transit Zone of Renewable Energy Sources

Δευ, 14 Νοεμβρίου 2011 - 12:32

Serbia's Minister of Foreign Affairs Vuk Jeremic said that the region of South East Europe will become in several years a first-class transit zone of renewable energy sources, and thus also a catalyst of energy stability in this part of the world.

Bulgarian Kozloduy Nuclear Power Plant Will Increase the Capacity of its Two Working Units to 104%,

Δευ, 14 Νοεμβρίου 2011 - 12:32

Bulgarian Kozloduy nuclear power plant will increase the capacity of its two working units to 104%, which will increase the output of each reactor to 1100 MW reports Novinite. If Kozloduy's two operational reactors, Unit 5 and Unit 6, work at 100% of their current capacity, their output would be 1040 MW each.

Iran To Call On OPEC Members To Return To Pre-Libya War Output

Παρ, 11 Νοεμβρίου 2011 - 19:08

Iran will call on members of the Organization of Petroleum Exporting Countries to cut their output to levels seen before the war in Libya, the Islamic Republic's oil minister said Friday.

Noble Energy Announces Its 2011 Analyst Conference and Webcast

Παρ, 11 Νοεμβρίου 2011 - 19:08

Noble Energy, Inc. (NYSE: NBL) will host its 2011 Analyst Conference on Tuesday, November 15, 2011 beginning at 8:00 a.m. Central Time at the Houstonian Hotel in Houston, TX.

Total Paid Novatek $425M For 20% Stake In Yamal LNG

Παρ, 11 Νοεμβρίου 2011 - 19:08

Russia's biggest independent natural gas producer, OAO Novatek (NVTK.RS), Friday said French energy company Total SA (TOT) paid $425 million for a 20% stake in the Yamal liquefied natural gas project in northern Russia.

BP's Troubles Far From Over

Παρ, 11 Νοεμβρίου 2011 - 19:07

A week that began inauspiciously for BP after the collapse of its deal to sell its stake in Argentina's Pan-American Energy has ended somewhat more positively for the U.K. oil giant on news that a Siberian court has found in its favor and dismissed two cases brought against it by a minority shareholder in its Russian joint venture.

ExxonMobil May Lose Other Iraq Oil Contract On Kurdish Deal

Παρ, 11 Νοεμβρίου 2011 - 19:07

The Iraqi government said Friday that Exxon Mobil Corp. (XOM) could lose its current contract to redevelop the giant West Qurna oil field if it proceeds with an agreement to explore for oil in the Kurdish region of the country.

Eni CEO Sees $50 Bln Mozambique Gas Investment

Παρ, 11 Νοεμβρίου 2011 - 19:07

Italian oil and gas company Eni SpA (E) will invest $50 billion developing its huge Mozambique natural gas discovery with a view to exporting the gas to Asian markets, its Chief Executive Paolo Scaroni said in an interview Friday after a visit to East Africa.

SOCAR to Build New Oil and Gas Producing Complex

Παρ, 11 Νοεμβρίου 2011 - 15:31

Azerbaijan’s demands for gas processing are growing every year, which causes the need for construction of a new processing enterprise.

Putin is Using Gas Politics as a Weapon - Oettinger

Παρ, 11 Νοεμβρίου 2011 - 15:30

EU energy commissioner Gunther Oettinger sharply criticised Russian prime minister Vladimir Putin for using energy to play power politics and called on European leaders to adopt a tougher common position in negotiations with Moscow.