English Edition

Novatek: 3Q Output 13.45BCM Of Gas

Δευ, 10 Οκτωβρίου 2011 - 18:29

Russian gas producer OAO Novatek (NVTK.RS) Monday said its natural gas output in the third quarter rose 58% from a year earlier to 13.45 billion cubic meters.

China To Tax Oil And Gas Production At 5%-10% Nationwide

Δευ, 10 Οκτωβρίου 2011 - 18:27

China will extend an experimental tax on oil and gas to the entire nation, taxing the resources between 5% and 10%, the State Council said Monday.

E.ON, Korea National Oil Company Make Gas Find In UK North Sea

Δευ, 10 Οκτωβρίου 2011 - 18:27

E.ON AG (EOAN.XE) said Monday its exploration and production unit has found natural gas in a UK North Sea field, which the German utility jointly owns with Dana Petroleum E&P, a wholly owned subsidiary of Korea National Oil Company.

Iraq Resumes Output From Rumaila Oil Field

Δευ, 10 Οκτωβρίου 2011 - 18:27

Iraq has resumed crude oil production from Rumaila South oil field after two blasts Friday night near an export pipeline forced a partial suspension of output from the field in southern Iraq, Iraqi oil and company officials said Monday.

Saudi To Maintain Crude Supply To Europe In Nov

Δευ, 10 Οκτωβρίου 2011 - 18:26

State-owned Saudi Arabian Oil Co., or Saudi Aramco, has told lifters in Europe that it will deliver the contracted volumes in November under its long-term contracts, trade sources said Monday.

Switch to Sun, Live with Comfort

Δευ, 10 Οκτωβρίου 2011 - 17:56

Three rural districts in Ukraine were chosen to receive training on self-constructing solar collectors for warm water and heating. The chosen districts include the Mannevichi district of Volyn region, Pogrebyschi district of Vinnitsa region and Tatarbunary district of Odessa region.

Iran Starts Caspian Shelf Exploration

Δευ, 10 Οκτωβρίου 2011 - 15:29

An Iranian research vessel has started exploration of the Caspian Sea’s southern shelf, national media reported on Monday. The work, which will continue until year-end, is aimed at identifying potential routes for an oil pipeline and fiber-optic cables, the Mehr news agency reported.

Sinopec to Buy Daylight Energy for $2.1B

Δευ, 10 Οκτωβρίου 2011 - 15:28

China Petrochemical Corp., the nation’s biggest refiner, agreed to buy Daylight Energy Ltd. (DAY) for C$2.2 billion ($2.1 billion) in its largest acquisition this year, gaining Canadian oil and shale-gas reserves.

Iraq May Give OPEC Political Headache -JPMorgan

Παρ, 7 Οκτωβρίου 2011 - 17:01

Iraq's rising oil production may present a political headache for OPEC in the future, JPMorgan says in a note; the war-stricken country will raise its output to 3.14 mln B/D in mid-2012, a level not seen since August 1990, as a new production ramp-up gathers pace, the bank says

Poland's Gaz-System Receives Offers For Yamal Pipe Reverse Flow

Παρ, 7 Οκτωβρίου 2011 - 17:01

Polish state-owned pipeline operator Gaz-System SA has received five offers for its virtual reverse flow services on the Yamal-Europe natural gas pipeline, the company said in a statement late Thursday, a sign companies are looking to capitalize on a liberalization of Poland's gas market.

Areva In Full-Scale Talks To Build Nuclear Power Plants In India

Παρ, 7 Οκτωβρίου 2011 - 17:00

Areva S.A. (ARVCY) is "in the middle of full-scale discussions" to build nuclear power plants in India, said Arthur De Montalembert, chairman of its local unit, despite its U.S. rivals going slow on their Indian plans due to concerns over a nuclear liability law.

EU CO2 Emissions Rose 2.4% In 2010 Vs 2009 - Preliminary Data

Παρ, 7 Οκτωβρίου 2011 - 17:00

Greenhouse gas emissions in the European Union increased by 2.4% in 2010 compared with the year before, but the bloc remains "well on track" to meets its international target in reduce emissions, the European Environment Agency said Friday, citing preliminary data.

RWE Mulls New 1,100MW Lignite-fired Power Plant In Germany

Παρ, 7 Οκτωβρίου 2011 - 17:00

German utility RWE AG (RWE.XE) said Friday it is planning to build a new lignite-fired power plant at its existing power production site in Niederaussem, western Germany.

EU Climate Chief: Not Inclined To A Moratorium On Shale Gas

Παρ, 7 Οκτωβρίου 2011 - 16:59

The European Union should not close the door to new developments such as shale gas at an early stage, the EU climate chief said, although she is not inclined to back a moratorium on it.

A Household in Cyprus Spent 1.500 euro on its Energy Needs

Παρ, 7 Οκτωβρίου 2011 - 14:14

A typical household in Cyprus is estimated to have spent nearly 1.500 euro on its energy needs in 2009, according to the Statistical Service. On the basis of the results of an ad hoc survey carried out by the Statistical Service in 2009, a typical household in Cyprus is estimated to consume for its total energy needs a quantity of 1.142 kgoe (kilograms of oil equivalent) and to spend an amount of 1.374 euro.

Turkey: Bidding Deadline for Stake of Başkent Doğalgaz was Postponed

Παρ, 7 Οκτωβρίου 2011 - 14:13

The bidding deadline for an 80 percent stake of Turkey's Başkent Doğalgaz, Ankara’s natural gas distribution company, was postponed to Jan. 27, 2012, according to a notification from the Privatization Administration in the Official Gazette reports Hurriyet.