English Edition

ConocoPhillips First US Buyer Of Libyan Crude - Traders

Παρ, 30 Σεπτεμβρίου 2011 - 18:26

ConocoPhillips (COP) has purchased a cargo of Libyan crude from Vitol Holding, making it the first U.S. oil major to buy the country's oil since Col. Moammar Gadhafi's fall, trade sources told Dow Jones Newswires Friday.

Stirling Energy Systems Bankruptcy Latest In Solar Industry Woes

Παρ, 30 Σεπτεμβρίου 2011 - 18:26

Solar-power equipment manufacturer Stirling Energy Systems Inc. has filed for bankruptcy, adding to a wave of troubles in the solar industry amid soft demand, falling prices and difficulty raising money.

BP $7.1B Argentina Sale To Cnooc Said To Risk Collapse -Bloomberg

Παρ, 30 Σεπτεμβρίου 2011 - 18:25

Plans by BP PLC (BP) to sell its 60% stake in Argentine crude producer Pan American Energy to a joint venture of China's Cnooc Ltd. (0883.HK) and Argentine-owned Bridas Energy Holding Ltd. is at risk of collapse, Bloomberg News reported Friday on its website, citing a person with knowledge of the matter.

Plutonium Detected Outside Fukushima Nuclear Plant -Ministry

Παρ, 30 Σεπτεμβρίου 2011 - 18:24

A limited amount of plutonium has been detected in soil outside Japan's troubled Fukushima nuclear power plant which was crippled by the March 11 quake-tsunami disaster, the government said Friday.

Crude Oil Heads for Its Biggest Quarterly Decline in New York Since 2008

Παρ, 30 Σεπτεμβρίου 2011 - 14:03

Oil headed for its biggest quarterly drop inNew Yorksince the 2008 financial crisis as signs of slowing growth in China and Germany heightened concerns that fuel demand will suffer.

Hyundai, Greece's Metka Win $656.9M Iraq Power Plant Deals

Πεμ, 29 Σεπτεμβρίου 2011 - 18:08

Iraq's cabinet has approved deals with South Korea's Hyundai Engineering Co. (000720.SE) and Greece-based Metka (METKK.AT) to build power plants in the southern oil hub of Basra worth up to $656.9 million, a government spokesman said, in moves aimed at tackling the acute power shortage in the oil-rich country.

Japan Renewables Law May Get More Wind Turbines Spinning

Πεμ, 29 Σεπτεμβρίου 2011 - 18:06

Japan's wind power companies hope a new law approved in the wake of the country's nuclear disaster will be a big boost for a sector which for now holds only a tiny share of the energy mix, but they are waiting to see details before they start cheering.

Ceyhan Oil Exports Seen Unaffected By Kirkuk Pipeline Outage

Πεμ, 29 Σεπτεμβρίου 2011 - 18:04

Iraqi oil exports from the Turkish terminal of Ceyhan are unlikely to be affected by a pipeline interruption, as there is adequate crude in storage at the export terminal, an Iraqi official said Thursday.

Turkey Seeks Russian Gas Discount; Threatens Contract Withdrawal

Πεμ, 29 Σεπτεμβρίου 2011 - 18:04

Turkey said Thursday it had demanded a discount on natural gas imports from Russia, threatening to revoke the contract if a reduction wasn't agreed.

EU In Renewed Push For Energy Market Liberalization

Πεμ, 29 Σεπτεμβρίου 2011 - 18:03

The European Union's executive body is formally asking 18 member countries to implement rules aimed at liberalizing the EU energy markets adopted years ago, as part of a bid to speed up reforms and meet a 2014 deadline, the European Commissioner for Energy said Thursday.

Trans Adriatic Pipeline Submits Preliminary Environmental Impact Assessment to Greek Authorities

Πεμ, 29 Σεπτεμβρίου 2011 - 17:20

The Trans Adriatic Pipeline (TAP) has submitted a Preliminary Environmental Impact Assessment (PEIA) to the Greek Ministry of Environment. This application is an addition to the scoping documents that TAP submitted earlier this year in preparation for its full Environmental & Social Impact Assessment (ESIA).

Gas Deposits Fuel Old and New Rivalries

Πεμ, 29 Σεπτεμβρίου 2011 - 16:50

Things have never been too tranquil in this corner of the Mediterranean, and the recent discovery of large deposits of gas beneath the waters off Israel and Cyprus hasn’t made things any easier. You can almost hear the tectonic plates of regional politics shifting — and Nicosia’s recent decision to drill for hydrocarbons off the divided island’s southern coast has only accelerated the process.

ExxonMobil To Start Fracking At Second Shale Gas Well In Poland

Τετ, 28 Σεπτεμβρίου 2011 - 18:44

ExxonMobil Corp. (XOM) plans to start hydraulic fracturing next week on its second test well in Poland, near the eastern town of Siennica, Jim Johnston, board member of ExxonMobil Exploration and Production Poland, said Wednesday.