English Edition

Statoil Buys Brigham Exploration for $4.4 Billion

Δευ, 17 Οκτωβρίου 2011 - 16:06

Statoil ASA (STL),Norway’s biggest oil company, agreed to buyBrigham Exploration Co. (BEXP)for about $4.4 billion in cash, expanding in unconventional U.S. assets because of declining North Sea production.

Israel in Talks to Buy Gas from Qatar

Δευ, 17 Οκτωβρίου 2011 - 16:04

The Qatari government is holding negotiations to sell liquid natural gas (LNG) to Israel, the Egyptian newspaper "Youm7" reported today.

Greece Suspends Fuel Prices Caps

Δευ, 17 Οκτωβρίου 2011 - 12:41

Greece will suspend a cap on petrol prices imposed to protect consumers from price-gouging after a court ruling suspended a strike by customs officials that had been expected to disrupt fuel supplies, the government said on Sunday.

Global Oil Demand Has Never Been Higher, Despite Recent Revisions

Δευ, 17 Οκτωβρίου 2011 - 12:40

Global oil demand has never been higher, despite recent revisions. Demand is driven by growth in Asia, the Middle East, Latin America and FSU, while requirements in North America and EU are contracting in 2011 as well as in 2012.

GE To Build Solar-Panel Plant In Colorado, Hire 355 People

Παρ, 14 Οκτωβρίου 2011 - 17:47

General Electric Co. (GE) selected Colorado as the site for a new solar-panel plant that will be the biggest in the country, bringing 355 jobs to the Denver suburb of Aurora.

E.ON, GDF Suez In Talks To Team For French Wind Farm Bids

Παρ, 14 Οκτωβρίου 2011 - 17:46

Germany's E.ON AG (EOAN.FR) is in advanced talks with power group GDF Suez SA (GSZ.FR) to join the French group's consortium for a 3,000 megawatt windfarm tender offer offshore France, French daily Le Figaro reported Friday, without citing sources.

Russia Temporarily Halts China Oil Link On Earthquake

Παρ, 14 Οκτωβρίου 2011 - 17:46

Russia temporarily halted oil pipeline deliveries to China, as well as some rail shipments of crude, after an earthquake, Russia's state pipeline operator said Friday.

IAEA Urges Japan To Set Realistic Decontamination Goals

Παρ, 14 Οκτωβρίου 2011 - 17:46

The International Atomic Energy Agency, in a report released Friday, urged Japan to take a more focused and realistic approach to dealing with radioactive contamination in areas around the stricken Fukushima Daiichi nuclear plant in northeastern Japan, amid signs the Japanese government is becoming increasingly overwhelmed by public demands for decontamination.

French Climate Negotiator: Hopes For Global Climate Around 2018 Or 2020

Παρ, 14 Οκτωβρίου 2011 - 17:45

Advocates for a binding international climate treaty are hoping the upcoming United Nations talks in South Africa yield an agreement to maintain the Kyoto Accord's climate mitigation rules for the next few years and a commitment to enact a binding global agreement in the 2018 or 2020 time-frame, France's chief climate negotiator said Friday.

BP Investments in Projects in Azerbaijan top $31bn

Παρ, 14 Οκτωβρίου 2011 - 14:01

Investments into development of Azeri-Chirag-Gunashli, Shah Deniz (Phase I) fields, Baku-Tbilisi-Ceyhan oil pipeline and South Caucasus pipeline projects have totaled $31.6bn since they were first launched.

Wind, Solar Farm Finance at Record in Q3

Παρ, 14 Οκτωβρίου 2011 - 14:00

Wind farm and solar park financing surged to a record $41.8 billion in the third quarter, even though clean energy share prices and the Europeaneconomyslumped, a report by research firm Bloomberg New Energy Finance said on Thursday.

Vestas Gets 99MW Wind Turbines Order For Texas Project

Πεμ, 13 Οκτωβρίου 2011 - 18:31

Danish wind turbine manufacturer Vestas Wind Systems A/S (VWS.KO) said Thursday it has received an unconditional order for 55 v100-1.8 megawatt wind turbines for a U.S. wind farm project.

BP Commits Itself To North Sea

Πεμ, 13 Οκτωβρίου 2011 - 18:31

BP's (BP) new GBP4B investment in the giant Clair field is something of a turnaround in terms of commitment to the North Sea, notes Evolution Securities. Says that in recent years the majors have tended to talk more about redeploying capital to less mature regions with greater prospectivity.