English Edition

Eni Chairman: Resuming Libya Oil Output Could Take Up To A Year

Πεμ, 22 Σεπτεμβρίου 2011 - 17:51

Eni SpA (ENI.MI, E) expects to resume some Libyan natural gas production by mid-October, though oil production could take much longer, Chairman Giuseppe Recchi said in an interview with The Wall Street Journal and Dow Jones Newswires.

China, US Aim To Deploy CO2 Capture, Storage By 2020-Statement

Πεμ, 22 Σεπτεμβρίου 2011 - 17:50

Senior U.S. and Chinese officials said Thursday the two countries needed to urgently increase carbon capture utilization and storage demonstrations and enable commercial deployment of the technology by the end of the decade.

EU Gives Blanket Offer To Resume Iran Nuclear Talks

Πεμ, 22 Σεπτεμβρίου 2011 - 17:50

The European Union Thursday offered to resume face-to-face talks with Iran over its nuclear activities, "without pre-conditions," a spokeswoman for foreign affairs chief Catherine Ashton said.

Azerbaijan Exports Over 49,000 Tonnes of Liquefied Gas

Πεμ, 22 Σεπτεμβρίου 2011 - 16:46

In January-July, Azerbaijan exported 49,795 tonnes of liquefied gas worth $5,269,000. Compared to the same period of the last year, production export has dropped by 46.3%, The liquefied gas revenues have dropped by 41.2%.

Turkey Cannot Block Israel's Oil Supply

Πεμ, 22 Σεπτεμβρίου 2011 - 16:02

"The underground facility" is what Israelis call a strategic installation. The precise details, and even its location, may not be published. It is only possible to mention that it is located somewhere in the south, deep underground, protected from conventional and nonconventional, even nuclear, attack.

Russia to Begin Barents Sea Shelf Exploration in 2012

Πεμ, 22 Σεπτεμβρίου 2011 - 14:14

Russia will begin geological exploration of the promising Barents Sea shelf located on the border with Norway in 2012, Russia's Natural Resources Minister Yury Trutnev said on Thursday.

Turkey Slave to Gas, Minister Says

Πεμ, 22 Σεπτεμβρίου 2011 - 14:13

Turkey is a slave to the natural gas lobby, according to the economy minister. “Even countries that produce natural gas or have resources do not use the fuel as much as Turkey does in electricity production,” Minister Zafer Çağlayan told the press in Ankara during a Wednesday meeting with business representatives from the Aegean province of İzmir.

OPEC Head Sees Gulf Producers Cutting Output As Libya Resumes

Τρι, 20 Σεπτεμβρίου 2011 - 18:10

Gulf oil producers, already facing a weakening demand picture in 2011 and 2012, are expected to cut their output once Libya resumes production, OPEC's top official said Monday.

Mixed Euro Court Ruling Says Yukos Shareholders' Rights Were Violated

Τρι, 20 Σεπτεμβρίου 2011 - 18:09

The European Court of Human Rights Tuesday partially ruled in favor of shareholders in defunct Russian oil company OAO Yukos, but also said that Russia's conduct was not politically motivated.

Fukushima Plant To Be Brought Under Control Sooner Than Expected

Τρι, 20 Σεπτεμβρίου 2011 - 18:09

Japan expects to bring the reactors at the Fukushima Daiichi nuclear plant under control sooner than previously expected, government officials said Tuesday, although new problems have emerged over the large amounts of radioactive water in the basements of the units, complicating longer-term efforts to clean up the site.