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Iran Lawmakers Repeat Threats To Close Strait Of Hormuz -Agencies

Δευ, 23 Ιανουαρίου 2012 - 18:22

Iranian lawmakers Monday reiterated a threat to block the key Strait of Hormuz, after the European Union agreed to a ban on Iranian oil.

Saudi Has Capacity To Replace EU's Iran Oil -CGES

Δευ, 23 Ιανουαρίου 2012 - 18:22

Saudi Arabia has more than enough spare oil production capacity to step in and fill the gap when the European Union imposes its ban on Iranian oil imports in July, says Leo Drollas, Chief Economist of the Center for Global Energy Studies.

Iraq To Operate New Sea Export Terminal Friday

Δευ, 23 Ιανουαρίου 2012 - 18:22

Iraq is planning to operate the first of four new export floating terminals at the port of Basra in southern Iraq Friday, Jan. 27, the oil ministry said in an emailed statement Monday.

Unified EU Bans Iranian Oil Imports From July 1

Δευ, 23 Ιανουαρίου 2012 - 18:21

European Union foreign ministers Monday approved an oil embargo on Iran, moving past an internal debate over the economic burden on some members and sending a strong rebuke to the Islamic Republic over its nuclear program.

Halliburton CEO Sees Overall Increase In Rig Count For 2012

Δευ, 23 Ιανουαρίου 2012 - 18:20

Unfettered drilling for oil will more than offset any slowdown in natural gas drilling in North America, helping improve Halliburton Co.'s (HAL) business despite a bleak outlook for natural gas prices, Chief Executive Dave Lesar said Monday.

Bulgarian Coal Miners End Strike

Δευ, 23 Ιανουαρίου 2012 - 16:59

Miners at Bulgaria's largest coal mining complex, the Maritsa East Mines, ended on Sunday a week-long strike that had led to a halt in electricity exports.

Azerbaijan Refuses to Lower Gas Price for Turkey

Δευ, 23 Ιανουαρίου 2012 - 14:02

According to Turkish media, Azerbaijan, like earlier Iran, dismissed the proposal of the Turkish side to reduce gas prices.

Iran Sanction Bill Exempts BP Project

Δευ, 23 Ιανουαρίου 2012 - 14:01

British and European Union officials have convinced some U.S. lawmakers to ensure that any new sanctions against Iran exempt a BP PLC-led natural-gas project, as Western governments try to isolate Tehran without harming their own energy security.

Sinopec In Pact With Australia Pacific LNG For More LNG Supplies

Παρ, 20 Ιανουαρίου 2012 - 18:45

China Petrochemical Corp., known as Sinopec Group, said Friday that it has reached an agreement with Australia Pacific LNG Pty Ltd. to buy up to 7.6 million metric tons of liquefied natural gas a year, up from 4.3 million tons.

Gazprom To Start South Stream Construction In December 2012

Παρ, 20 Ιανουαρίου 2012 - 18:44

Russian state-controlled gas producer OAO Gazprom (GAZP.RS) will significantly speed up the South Stream gas pipeline to Europe and plans to begin construction in December this year, the company said Friday.

Gazprom Neft Consortium To Invest $531 Mln In Iraq's Badra Field In 2012

Παρ, 20 Ιανουαρίου 2012 - 18:44

A consortium led by Russian state-controlled oil major OAO Gazprom Neft (SIBN.RS) will spend $531 million this year to develop the Iraqi Badra oil deposit, the company said Friday.

Gazprom, Novatek Discuss Joint Yamal LNG Production

Παρ, 20 Ιανουαρίου 2012 - 18:44

Russia state gas giant OAO Gazprom (GAZP.RS) and top independent producer OAO Novatek (NVTK.RS) Friday discussed the possibility of joint projects to increase production of liquefied natural gas in the country's northern Yamal peninsula.

Vattenfall Mulls Constitutional Complaint Over German Nuclear Exit

Παρ, 20 Ιανουαρίου 2012 - 18:43

Vattenfall Group is seeking billions of euros in financial compensation from the German government over its accelerated exit from nuclear power generation, and is pursuing a double-tracked legal strategy, the company's head of energy production said in an interview with The Wall Street Journal Deutschland.