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Turkey is Planning 15000 MW Coal Based Power Generation Plants

Τετ, 14 Σεπτεμβρίου 2011 - 19:20

Turkey is planning to set up some 15000 MW Coal based power generation plants and requested Indian companies to participate in the tenders.

Geopolitics at Play as Cyprus Gets Ready to Develop Offshore Natural Gas Deposits

Τετ, 14 Σεπτεμβρίου 2011 - 15:05

At the start it was the Arab spring and the unrest that followed in the northern coastal strip of Africa which is a net oil and gas exporter. From a European energy point of view Libya is what really matters, although Egypt’s position is pivotal since a sizeable amount of oil and gas, a cumulative 2.0 to 2.5 bbl per day , flows through the Suez canal and the country itself is a net gas exporter.

Arctic Ice Coverage Shrinks to Near Record Low - Russian Meteorologists

Τετ, 14 Σεπτεμβρίου 2011 - 14:44

Arctic sea ice coverage has shrunk to a near-record low this year, a deputy chief of Russian meteorological service Rosgidromet said on Wednesday.

Gazprom Forecasts 2011 Production at 520 bcm

Τετ, 14 Σεπτεμβρίου 2011 - 14:44

Russian gas giant Gazprom expects to produce 520 billion cubic meters of gas in 2011, up from 515 bcm last year, Vsevolod Cherepanov, head of gas, gas condensate and oil production, said on Wednesday.

Saudi Aramco, Total Refinery JV Fully Operational In 4Q, 2013

Τρι, 13 Σεπτεμβρίου 2011 - 19:11

Saudi Aramco Total Refining and Petrochemical Co., or Satorp, said Tuesday its refinery complex at Jubail on the Persian Gulf coast is expected to be fully operational in the fourth quarter of next year.

Gadhafi Whereabouts A Mystery - NATO

Τρι, 13 Σεπτεμβρίου 2011 - 19:10

NATO doesn't know whether Moammar Gadhafi is still in Libya as the fallen Libyan leader has disappeared from public view, an alliance spokesman said on Tuesday.

E.ON Shares Up On Possible Gas Grid Sale

Τρι, 13 Σεπτεμβρίου 2011 - 19:10

E.ON (EOAN.XE) shares rise after a DJN report that the company is moving ahead with the sale of its gas grid, citing unnamed sources.

MOL, Slovnaft To Invest EUR80M In Adria Oil Pipeline

Τρι, 13 Σεπτεμβρίου 2011 - 19:09

Hungarian oil and gas company MOL Nyrt. (MOL.BU) and its Slovakian unit Slovnaft (SLN.BS) will spend about EUR80 million to modernize the Adria oil pipeline that runs between the two countries, Hungarian state news agency MTI cited Slovnaft as saying Tuesday.

Brazil Petrobras In Talks With Venezuela's PdVSA On Refinery JV

Τρι, 13 Σεπτεμβρίου 2011 - 19:09

Brazilian federal oil company Petroleo Brasileiro (PBR, PETR4.BR) said Tuesday that it was still in talks with Petroleos de Venezuela SA to complete a joint-venture deal to build a refinery in Brazil's Pernambuco state.

For Libyan Oil, Security Is Everything

Τρι, 13 Σεπτεμβρίου 2011 - 19:09

On Monday, OPEC came out with a remarkably optimistic forecast for Libyan oil. Despite Libya's oil industry being almost completely shut down by the civil war, OPEC said the country could be producing 1 million barrels a day of oil again within six months.

Sinovel to Use Greece as Launchpad Into Europe

Τρι, 13 Σεπτεμβρίου 2011 - 16:00

The recent three-day visit to Greece by a 15-member mission from Chinese company Sinovel, the world’s second-largest wind turbine maker, confirmed Chinese interest in investing in this country’s renewable energy sources (RES) sector, originally expressed in April with the memorandum of cooperation it signed with Public Power Corporation (PPC).

Greece Announces Tender for Seismic Surveys

Τρι, 13 Σεπτεμβρίου 2011 - 15:06

Greece invited companies to apply to conduct non-exclusive seismic surveys in its western and southern offshore areas. The objective of the surveys is to ensure data acquisition, processing and interpretation, including reprocessing and interpretation of existing data, in accordance to the highest present day oil and gas industry standards, the Athens-based Energy Ministry said today in an e-mailed statement.

EU To Negotiate Treaty Between the EU, Azerbaijan and Turkmenistan to Build a Trans Caspian Pipeline System

Τρι, 13 Σεπτεμβρίου 2011 - 13:42

Yesterday the European Union has adopted a mandate to negotiate a legally binding treaty between the EU, Azerbaijan and Turkmenistan to build a Trans Caspian Pipeline System. This is the first time that the European Union has proposed a treaty in support of an infrastructure project. The treaty will be concluded by the EU after decision by all 27 Member States that the European Commission should lead the negotiations on behalf of them all.