English Edition

Greece Sees Oil Rigs in Place by End 2012, Energy Minister Says

Παρ, 6 Ιανουαρίου 2012 - 15:31

Greece probably will have better estimates of the size of its hydrocarbon reserves by the end of the year, Environment and Energy Minister George Papaconstantinou said.

Turkish Visit Aims To Smooth Ties With Tehran

Παρ, 6 Ιανουαρίου 2012 - 13:40

Turkey's Foreign Minister Ahmet Davutoglu on Thursday reassured Iran that Ankara wouldn't allow Turkish soil to be used for any attack against a neighbor, during a trip to Tehran focused on averting a Sunni-Shia "cold war" in the region.

Sinopec 2011 Crude Oil Output Up 0.4%; Natural Gas Output Up 16.8%

Παρ, 6 Ιανουαρίου 2012 - 13:40

China Petroleum & Chemical Corp. (SNP), also known as Sinopec, produced 0.4% more crude oil and 16.8% more natural gas in 2011 compared with 2010, it said in an in-house newsletter published Friday.

China Mulls Energy Super-Ministry In 2013

Παρ, 6 Ιανουαρίου 2012 - 13:39

China could create an energy "super-ministry" to replace the National Energy Administration as part of a sweeping reshuffle in 2013, Reuters reported Friday, citing two unnamed sources.

GDF Suez CEO Satisfied With French Natural Gas Price Increase

Παρ, 6 Ιανουαρίου 2012 - 13:39

French power operator GDF Suez SA's (GSZ.FR) Chairman and Chief Executive Gerard Mestrallet Friday said "things are fine" now that natural gas regulated tariffs in France have been increased.

SOCAR Exports 22,969,000 Tonnes of Profit Oil by BTC

Παρ, 6 Ιανουαρίου 2012 - 10:32

In 2011 the State Oil Company of Azerbaijan exported 22,969,000 tonnes of Azeri profit oil by the BTC pipeline, according to sources in SOCAR.

Screws Tighten on Iran as Big Buyers Shun its Oil

Παρ, 6 Ιανουαρίου 2012 - 09:41

Iran faced the prospect of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear program appeared to be driving its economy to the wall.

Japan Looking at Taking Control of Nuclear Power

Παρ, 6 Ιανουαρίου 2012 - 09:39

Japan's government is considering taking control of the nation's nuclear power plants away from private utilities, in a bid to improve accountability of the industry, the Yomiuri newspaper reported on Friday, as quoted by Reuters.

Iraq 2011 Oil Exports +12.7% On Year At 2.165 Mln B/d - SOMO

Πεμ, 5 Ιανουαρίου 2012 - 18:31

Iraq's crude oil exports averaged 2.165 million barrels a day in 2011, a 12.7% increase over the previous year due to the development of its southern oil fields, the head of the State Oil Marketing Organization, or SOMO, said Thursday.

OPEC Dec Oil Production 1M B/D Above New Output Ceiling

Πεμ, 5 Ιανουαρίου 2012 - 18:31

The Organization of Petroleum Exporting Countries produced just over 31 million barrels of oil a day in December, implying that the oil market could face a significant production cut if the group swiftly moves in line with the new 30 million barrel a day production ceiling agreed last month.

Azerbaijan Oil Exports Down Nearly 15% In 2011 - SOCAR

Πεμ, 5 Ιανουαρίου 2012 - 18:31

Oil exports from Azerbaijan fell by 14.7% in 2011 compared with a year earlier, the country's state-owned oil company SOCAR said Thursday.

Iran Wants Nuclear Talks To Resume In Turkey

Πεμ, 5 Ιανουαρίου 2012 - 18:30

Iran's foreign minister said Thursday he would like to see talks with world powers on his country's nuclear program resume in Turkey, but was waiting for a venue and date to be agreed.

BP Slammed By Norway Regulator For Valhall Fire

Πεμ, 5 Ιανουαρίου 2012 - 18:29

BP PLC (BP.LN) has been ordered to take immediate steps to address a number of "serious breaches" of regulations in connection with a fire on its Valhall platform last year, Norway's offshore safety authority said Thursday.