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Delek to Hold Energy Exploration Talks in Greece

Δευ, 5 Δεκεμβρίου 2011 - 16:27

Delek Group Ltd. executives are expected in Athens this week to hold initial talks with the Greek government over energy exploration south of Crete, Greek financial website "Capital" reports.

E.ON Sells its Bulgarian Power Utility E.ON Bulgaria

Δευ, 5 Δεκεμβρίου 2011 - 14:32

German company E.ON has decided to shed its Bulgarian power utility E.ON Bulgaria due to an overregulated market and political attacks by senior government officials, according to Bulgarian comentators.

China To More Than Double Wind Power Capacity By 2015

Παρ, 2 Δεκεμβρίου 2011 - 18:55

China plans to more than double its wind power capacity to 100 million kilowatts by 2015, the official Xinhua news agency said Friday, citing a report from China's State Electricity Regulatory Commission.

Table Of 20 Largest U.S. Cos. By Market Capitalization

Παρ, 2 Δεκεμβρίου 2011 - 18:55

Table Of 20 Largest U.S. Cos. By Market Capitalization, Data as of close on December 1, 2011

IEA's Birol: Recession, Arab Spring Pose Major Energy Risks

Παρ, 2 Δεκεμβρίου 2011 - 18:54

The Arab Spring and the possibility of a double-dip recession pose significant risks to the world's ability to have secure energy supplies and mitigate climate change, the chief economist of the International Energy Agency said Friday.

MOL: Croatian Unit INA To Invest HRK20 Billion, 2011-2015

Παρ, 2 Δεκεμβρίου 2011 - 18:54

Hungarian oil and gas firm MOL Nyrt.'s (MOL.BU) Croatian arm INA-Industrije Nafte d.d. (INA.ZG) plans to invest 20 billion Croatian kuna ($3.6 billion) between 2011 and 2015, MOL said Friday.

Shell Ceases Activities In Syria Amid Fresh Sanctions

Παρ, 2 Δεκεμβρίου 2011 - 18:53

Royal Dutch Shell PLC (RDSA) said Friday it will pull out of Syria amid a wave of tighter sanctions against President Bashar al-Assad's regime following his violent crackdown on protesters.

Iranians Stage New Anti-British Rally

Παρ, 2 Δεκεμβρίου 2011 - 18:53

Iranians in Tehran staged a fresh anti-British demonstration Friday in support of the storming of Britain's diplomatic compounds earlier this week, the official IRNA news agency reported.

Crude Oil Output from Ceyhan Port Tops 21m tonnes

Παρ, 2 Δεκεμβρίου 2011 - 17:01

In November this year, SOCAR extracted 294,071 tonnes of crude oil from Novorossiysk port.

Energy Charter Appoints New Secretary General

Παρ, 2 Δεκεμβρίου 2011 - 16:30

The Energy Charter Conference has appointed Ambassador Urban Rusnak from the Slovak Republic as the new Secretary General of the Energy Charter Secretariat. The decision was taken by the member states of the Energy Charter Conference at its 22nd Meeting in Sofia, Bulgaria,on 29 November 2011.

EU Hits Syrian Oil Trio

Παρ, 2 Δεκεμβρίου 2011 - 13:42

Syria has been hit by further sanctions as the European Union slaps measures on a three oil companies. The measures are due to ongoing political and social upheaval in the Middle Eastern oil-producing country which has led international governments to heap pressure on the regime of President Bashar al-Assad.

Goldman Sachs Sees 2013 Brent Oil At $130/Bbl, 2012 Unchanged

Πεμ, 1 Δεκεμβρίου 2011 - 17:56

Goldman Sachs is forecasting a 2013 average Brent crude oil price of $130 a barrel despite the poor economic outlook, as oil prices will need to continue rising in order to slow demand growth, the bank said in a note released Thursday.

Saudi Arabia Targets 15% Energy Consumption From Solar In Next 5 Years

Πεμ, 1 Δεκεμβρίου 2011 - 17:56

Saudi Arabia aims to have renewable energy account for 15% of domestic energy consumption in the next five years, its chief climate change negotiator said Thursday.