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Revised Nabucco Project a Big Step Forward - BP

Revised Nabucco Project a Big Step Forward - BP

Δευ, 19 Μαρτίου 2012 - 16:25

The revised Nabucco project is a big step forward which significantly improved the preceding proposal. The statement came from BP vice president for Shah Deniz field development Alister Cook in his interview with Financial Times.

Bulgaria Wants to Finalize Gas Interconnection Deal with Turkey

Bulgaria Wants to Finalize Gas Interconnection Deal with Turkey

Δευ, 19 Μαρτίου 2012 - 12:06

The finalization of a deal between Bulgaria and Turkey to interconnect their natural gas networks is set to be among the chief topics of discussion during the visit of Bulgaria's PM Boyko Borisov to Turkey next week.

Gazprom Says May Bid For Greek Gas Company DEPA

Gazprom Says May Bid For Greek Gas Company DEPA

Παρ, 16 Μαρτίου 2012 - 18:16

Russian state-owned gas firm OAO Gazprom (GAZP.RS) is considering taking part in the auction that will privatize Greek gas company DEPA, Gazprom said Friday.

Tapping Oil From the SPR May be Trickier Than Ever

Tapping Oil From the SPR May be Trickier Than Ever

Παρ, 16 Μαρτίου 2012 - 13:38

The U.S. Strategic Petroleum Reserve isn't quite as strategic as it used to be. As President Barack Obama moves closer to an unprecedented second release of the U.S. emergency oil stockpile in a bid to bring down near-record fuel prices, experts say dramatic logistical upheavals in the U.S. oil market over the past year may now make such a move slower and more complicated.

BP: Investigating Bribery Allegations At Tanker Division

BP: Investigating Bribery Allegations At Tanker Division

Πεμ, 15 Μαρτίου 2012 - 18:46

BP PLC (BP) said Thursday it is conducting an internal investigation into allegations of bribery at its tanker chartering division, after a letter detailing alleged corruption was sent to its chief executive last week.

Rosneft Buys 35.5% Stake In Taas-Yuryakh Project For $444 Mln

Rosneft Buys 35.5% Stake In Taas-Yuryakh Project For $444 Mln

Πεμ, 15 Μαρτίου 2012 - 18:45

Russian state-controlled oil company OAO Rosneft (ROSN.RS) said Thursday it closed a deal to buy a 35.5% stake in the Taas-Yuryakh project in East Siberia for $444 million from state lender OAO Sberbank (SBER.RS).

Showa Shells Solar Panel Unit To Form German JV

Showa Shell's Solar Panel Unit To Form German JV

Πεμ, 15 Μαρτίου 2012 - 18:45

Solar Frontier KK will establish a 50-50 joint venture with a German contractor this spring to build solar power facilities in that country, The Nikkei reported in its Friday morning edition.

Eni Sees 2012-15 Output Growth Above 3% A Year On Higher Capex

Eni Sees 2012-15 Output Growth Above 3% A Year On Higher Capex

Πεμ, 15 Μαρτίου 2012 - 18:45

Eni SpA (E), Italy's biggest oil and natural gas company by volume, Thursday said its new four-year EUR59.6 billion investment plan estimates average annual hydrocarbon production growth of more than 3% through 2015.

DESFA Calls for Bids to Build New LNG Storage in Revythoussa

DESFA Calls for Bids to Build New LNG Storage in Revythoussa

Πεμ, 15 Μαρτίου 2012 - 16:09

Natural gas grid operator DESFA invited international investors to bid for the design and construction of a third liquefied natural gas storage tank at its Revithoussa LNG terminal facility near Athens.

Moscow to Get Solar-Powered Bus Stops

Moscow to Get Solar-Powered Bus Stops

Πεμ, 15 Μαρτίου 2012 - 14:10

Moscow is not known for its sunshine, but city authorities believe it gets enough sunlight to afford solar-powered bus stops, Kommersant reported on Thursday.