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EU Ban On Iran Oil Would Have Limited Effect -IEA

EU Ban On Iran Oil Would Have Limited Effect -IEA

Παρ, 25 Νοεμβρίου 2011 - 19:11

If Europe were to decide to ban imports of crude oil from Iran, it would have a limited impact on the Iranian oil industry, says David Fyfe, head of oil markets at the International Energy Agency.

Four Big Investments Eyeing Fast Track Licensing

Four Big Investments Eyeing Fast Track Licensing

Παρ, 25 Νοεμβρίου 2011 - 16:11

Four major projects, running to a total cost of around 3.5 billion euros, are expected to pass the scrutiny of an interministerial committee for strategic investments within the next couple of weeks before it is decided whether they are eligible to enter the streamlined licensing system for investments known as Fast Track.

EU Takes Bulgaria to Court for Non-Compliance with Gas Market Rules

EU Takes Bulgaria to Court for Non-Compliance with Gas Market Rules

Παρ, 25 Νοεμβρίου 2011 - 14:57

The European Commission said on Thursday it will take Bulgaria and Romania to court over non-compliance with the EU gas market rules. "The European Commission considers that Bulgaria and Romania are still not fully in line with EU gas market rules and has therefore decided today to take these countries to the EU Court of Justice," it said in a statement.

EU Offers New Funds To Shut Down Soviet-Era Reactors

EU Offers New Funds To Shut Down Soviet-Era Reactors

Πεμ, 24 Νοεμβρίου 2011 - 17:47

The European Commission offered Thursday an additional EUR500 million in European Union aid for Bulgaria, Lithuania and Slovakia to put Soviet-era nuclear reactors out of service for good.

Gazprom Says To Buy 100% Of Beltransgaz On Friday - Interfax

Gazprom Says To Buy 100% Of Beltransgaz On Friday - Interfax

Πεμ, 24 Νοεμβρίου 2011 - 17:47

Russian state gas firm OAO Gazprom (GAZP.RS) will Friday sign a deal to increase its stake in Belarussian gas pipeline company Beltransgaz to 100%, the Interfax news agency reports Thursday citing Gazprom Chief Executive Alexei Miller.

Early Nuclear Stress Test Reports Highlight Issues

Early Nuclear Stress Test Reports Highlight Issues

Πεμ, 24 Νοεμβρίου 2011 - 17:46

Preliminary national reports on the safety of nuclear plants in the European Union show that some will have to improve resistance to damages from flooding, earthquakes and power losses, the European Commission said Thursday, offering the first feedback on a closely watched safety check.

China Signs Deal With Turkmenistan To Boost Gas Supply

China Signs Deal With Turkmenistan To Boost Gas Supply

Τετ, 23 Νοεμβρίου 2011 - 16:19

Turkmenistan's agreement to boost its supply of natural gas to China by nearly two-thirds significantly expands the world's largest energy consumer's access to the clean-burning fuel, the sourcing of which is a key concern in China, where winter shortages are common.

Iraq To Sign Water Injection Deal With 4 Firms Nov 26

Iraq To Sign Water Injection Deal With 4 Firms Nov 26

Δευ, 21 Νοεμβρίου 2011 - 18:11

Iraq is expected to sign Saturday an agreement with four international oil companies to build a multi-billion-dollar oil field water injection plant, a senior Iraqi oil official said Monday.

Libya Plans 9M Barrels Of Oil Exports In December

Libya Plans 9M Barrels Of Oil Exports In December

Δευ, 21 Νοεμβρίου 2011 - 18:10

Libya is planning to export 9 million barrels in December, 2.2 million barrels more than this month, the country's National Oil Co. said, as shipments remain a long way from pre-war levels despite an accelerated ramp up.

Serbia, Gazprom Open Gas Storage For South Stream Pipeline

Serbia, Gazprom Open Gas Storage For South Stream Pipeline

Δευ, 21 Νοεμβρίου 2011 - 18:10

Serbia's state-run gas company and Russia's OAO Gazprom (GAZP.RS) opened Monday an underground gas storage facility as a part of the future South Stream pipeline, Tanjug news agency reported.

Cyprus Insists On Gas Hunt Despite Turkey

Cyprus Insists On Gas Hunt Despite Turkey

Δευ, 21 Νοεμβρίου 2011 - 18:09

A defiant Cyprus President Demetris Christofias said Monday that the island's offshore hydrocarbon search will carry on despite strong opposition from Turkey.