English Edition

Serbia will Become a First-Class Transit Zone of Renewable Energy Sources

Δευ, 14 Νοεμβρίου 2011 - 12:32

Serbia's Minister of Foreign Affairs Vuk Jeremic said that the region of South East Europe will become in several years a first-class transit zone of renewable energy sources, and thus also a catalyst of energy stability in this part of the world.

Bulgarian Kozloduy Nuclear Power Plant Will Increase the Capacity of its Two Working Units to 104%,

Δευ, 14 Νοεμβρίου 2011 - 12:32

Bulgarian Kozloduy nuclear power plant will increase the capacity of its two working units to 104%, which will increase the output of each reactor to 1100 MW reports Novinite. If Kozloduy's two operational reactors, Unit 5 and Unit 6, work at 100% of their current capacity, their output would be 1040 MW each.

Iran To Call On OPEC Members To Return To Pre-Libya War Output

Παρ, 11 Νοεμβρίου 2011 - 19:08

Iran will call on members of the Organization of Petroleum Exporting Countries to cut their output to levels seen before the war in Libya, the Islamic Republic's oil minister said Friday.

Noble Energy Announces Its 2011 Analyst Conference and Webcast

Παρ, 11 Νοεμβρίου 2011 - 19:08

Noble Energy, Inc. (NYSE: NBL) will host its 2011 Analyst Conference on Tuesday, November 15, 2011 beginning at 8:00 a.m. Central Time at the Houstonian Hotel in Houston, TX.

Total Paid Novatek $425M For 20% Stake In Yamal LNG

Παρ, 11 Νοεμβρίου 2011 - 19:08

Russia's biggest independent natural gas producer, OAO Novatek (NVTK.RS), Friday said French energy company Total SA (TOT) paid $425 million for a 20% stake in the Yamal liquefied natural gas project in northern Russia.

BP's Troubles Far From Over

Παρ, 11 Νοεμβρίου 2011 - 19:07

A week that began inauspiciously for BP after the collapse of its deal to sell its stake in Argentina's Pan-American Energy has ended somewhat more positively for the U.K. oil giant on news that a Siberian court has found in its favor and dismissed two cases brought against it by a minority shareholder in its Russian joint venture.

ExxonMobil May Lose Other Iraq Oil Contract On Kurdish Deal

Παρ, 11 Νοεμβρίου 2011 - 19:07

The Iraqi government said Friday that Exxon Mobil Corp. (XOM) could lose its current contract to redevelop the giant West Qurna oil field if it proceeds with an agreement to explore for oil in the Kurdish region of the country.

Eni CEO Sees $50 Bln Mozambique Gas Investment

Παρ, 11 Νοεμβρίου 2011 - 19:07

Italian oil and gas company Eni SpA (E) will invest $50 billion developing its huge Mozambique natural gas discovery with a view to exporting the gas to Asian markets, its Chief Executive Paolo Scaroni said in an interview Friday after a visit to East Africa.

SOCAR to Build New Oil and Gas Producing Complex

Παρ, 11 Νοεμβρίου 2011 - 15:31

Azerbaijan’s demands for gas processing are growing every year, which causes the need for construction of a new processing enterprise.

Putin is Using Gas Politics as a Weapon - Oettinger

Παρ, 11 Νοεμβρίου 2011 - 15:30

EU energy commissioner Gunther Oettinger sharply criticised Russian prime minister Vladimir Putin for using energy to play power politics and called on European leaders to adopt a tougher common position in negotiations with Moscow.

Russia Ready To Build New Reactors In Iran

Πεμ, 10 Νοεμβρίου 2011 - 17:17

Russia is ready to build more nuclear reactors in Iran, its nuclear chief Sergei Kiriyenko said Thursday, despite renewed fears that Tehran is seeking to produce nuclear weapons.

Repsol Net Profit Up Despite 18.2% Drop In Petroleum Output

Πεμ, 10 Νοεμβρίου 2011 - 17:17

Higher oil and gas prices helped boost Repsol YPF SA's (REP.MC) third-quarter net income, even as the company reported a steep drop in oil and gas production compared with last year.

EU Says Russia Is Using Energy As Diplomacy Weapon

Πεμ, 10 Νοεμβρίου 2011 - 17:16

Russia is using its natural gas as a "weapon" in international relations, the European Union's energy chief said Thursday, underscoring again how energy relations between the two are becoming increasingly tense.