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Russian Natgas Supplies to Bulgaria, Transit Deliveries to Greece Back to Normal

Δευ, 6 Φεβρουαρίου 2012 - 13:15

Russian natural gas supplies to Bulgaria and transit deliveries via the country to Turkey, Greece and FYROM returned to normal over the weekend, following a significant drop on Friday, Bulgaria's economy ministry said.

Montenegro Will Be Connected to the South Stream Gas Pipeline

Δευ, 6 Φεβρουαρίου 2012 - 12:31

Montenegro will be connected to the South Stream gas pipeline, Russian energy giant Gazprom said on Friday reports EMG.

Rosneft Net Profit Slightly Down At $3.0 Billion

Παρ, 3 Φεβρουαρίου 2012 - 18:18

Russian state oil producer OAO Rosneft (ROSN.RS) Friday said fourth-quarter net profit fell 2% from last year partly due to higher taxes on the huge Vankor field and higher transportation costs, but was still supported by higher oil prices and a weaker ruble.

OMV: Romania's First Deep-water Well Indicates Hydrocarbon Presence

Παρ, 3 Φεβρουαρίου 2012 - 18:18

Hydrocarbons are present in Romania's first deep-water well, Domino-1, OMV Petrom SA (SNP.RO) said in a statement released Friday by its parent company, the Austrian oil and gas company OMV AG (OMV.VI).

EU: Gas Shortage Hits Eastern Europe, Greece, Italy, Austria

Παρ, 3 Φεβρουαρίου 2012 - 18:17

Russian natural gas supplies to Europe were curtailed for a third straight day Friday, as particularly cold winter weather increased Russia's domestic demand and hit flows to a number of European Union countries.

New UK Energy Secretary Davey: Continue Vision Of Green Economy, Green Jobs

Παρ, 3 Φεβρουαρίου 2012 - 18:17

The new U.K. Secretary for Energy and Climate Change Ed Davey Friday told reporters that he aims to continue the vision of creating a green economy.

Weighted Average Import Price (WAIP) of Natural Gas in Greece

Παρ, 3 Φεβρουαρίου 2012 - 15:25

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

Subsidies Cut for Solar Power Producers

Πεμ, 2 Φεβρουαρίου 2012 - 18:31

Cash-strapped Greece cut its subsidies for solar power producers on Wednesday, saying it could no longer afford to pay the current rates and that it had already licensed all the units it needs to meet its renewable energy targets.

Shell Looking At Ways To Improve US Gas Profits

Πεμ, 2 Φεβρουαρίου 2012 - 17:44

Royal Dutch Shell PLC (RDSA) is actively looking at ways to improve the profits it gets from U.S. natural gas, including seeking land for potential liquefaction and export terminals.

Greece Seeking Backup Oil Supply Against Iranian Embargo

Πεμ, 2 Φεβρουαρίου 2012 - 17:43

Greece said Thursday it was looking for alternative options to counterbalance the effects of a planned European Union embargo on Iranian oil imports on its struggling economy.

Alstom, Rosatom Secure EUR875 Million Contract In Russia

Πεμ, 2 Φεβρουαρίου 2012 - 17:43

Power-equipment and train manufacturer Alstom SA (ALO.FR) and its Russian partner Rosatom have signed a EUR875 million contract to supply machinery to the Baltic nuclear power plant located in Kaliningrad in western Russia.

Total Launches Development Of Hild Field In North Sea

Πεμ, 2 Φεβρουαρίου 2012 - 17:43

French oil and gas major Total SA (TOT) said Thursday it has decided to begin development of its Hild gas field in the Norwegian zone of the North Sea.

Gazprom Executive Puzzled By Reports Of Europe Supply Problems

Πεμ, 2 Φεβρουαρίου 2012 - 17:42

An executive at Russian gas producer OAO Gazprom (GAZP.RS) Thursday said he was "puzzled" by reports that the company had significantly reduced supplies of natural gas to Europe.