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Noble Gets Noa Green Light

Δευ, 13 Ιουνίου 2011 - 12:45

Israel's Infrastructure Ministry has authorised Texas-based Noble Energy to begin developing the Noa natural gas field due to an expected shortage of gas next year.

Debt-Hit Greece Sees Profit In Air Pollution

Δευ, 13 Ιουνίου 2011 - 11:38

Greece could earn up to 170 million euros for its cash-strapped treasury from a trade of greenhouse-gas emission allowances on the Athens stock exchange, a report said Sunday.

Italy Votes To Scrap Nuclear Energy, Other Issues

Δευ, 13 Ιουνίου 2011 - 11:38

Italians began voting Sunday in a referendum on whether to indefinitely shelve government plans to revive the country's nuclear energy plans, following the nuclear crisis at Japan's Fukushima Daiichi plant.

Japan Power Bills Could Rise 18% Without Nuclear Power

Δευ, 13 Ιουνίου 2011 - 11:37

Average monthly household electricity bills could increase by around Y1,000, or 18%, in fiscal 2012 if nuclear power plants are not restarted after regular inspection and thermal power generation is boosted to make up the shortfall, the Nikkei reported in its Monday evening edition.

China May Natural Gas Imports More Than Double On Year

Δευ, 13 Ιουνίου 2011 - 11:37

China's natural gas imports in May more than doubled from a year earlier to meet robust demand for the cleaner-burning fuel, the National Development and Reform Commission said Monday, citing industry data.

Iraq Cabinet Approves $927 Million For Power Projects

Δευ, 13 Ιουνίου 2011 - 11:37

The Iraqi cabinet has approved an additional budget of $927 million for the country's electricity ministry to finance new power projects in a bid to offset public anger over acute shortage of electricity, a government spokesman said Monday.

Shell: First Cargo Leaves Flagship Qatar Gas-To-Liquid Plant

Δευ, 13 Ιουνίου 2011 - 11:36

Royal Dutch Shell PLC (RDSB.LN) said Monday it has shipped the first cargo of gasoil manufactured from natural gas at its flagship Pearl Gas-To-Liquids plant in Qatar.

EU: No Deal, Even In Principle On Greek Aid

Παρ, 10 Ιουνίου 2011 - 17:03

There is no agreement, even "in principle," on a new aid package for Greece, a European Commission spokesman said Friday.

Eni Sells TAG Stake to CdP In EUR675 Mln Cash, Loan Deal

Παρ, 10 Ιουνίου 2011 - 17:03

Eni SpA (E) agreed to sell to Italy's state-controlled lender Cassa Depositi e Prestiti SpA its majority stake in the natural gas pipeline TAG, the energy giant said Friday, as part of a deal to settle a dispute with European Union regulators.

China Official: Sees 30 Mln KW Summer Power Shortage

Παρ, 10 Ιουνίου 2011 - 17:03

China is likely to face a power shortage of 30 million kilowatts this summer, with particular troubles in the provinces of Zhejiang and Jiangsu and the metropolis of Chongqing, state radio reported Friday, citing National Development and Reform Commission Vice Chairman Liu Tienan.

Qatar Delivers 1st LNG Cargo To Thailand

Παρ, 10 Ιουνίου 2011 - 17:02

State-run Qatargas said Friday it delivered its first shipment of liquefied natural gas, or LNG, to Thailand, as demand for the fuel climbs in fast-growing Asia.

Rosneft Not Mulling BP As Partner For Kara Project

Παρ, 10 Ιουνίου 2011 - 17:02

Russian state oil producer OAO Rosneft (ROSN.RS) no longer considers BP PLC (BP) a partner for a closely-watched Arctic development project and has received no new proposals from the U.K. oil major, the company's chief executive, Eduard Khudainatov, said Friday.

Japan's Mitsui Buys 9% In Poland Shale Gas Concession

Πεμ, 9 Ιουνίου 2011 - 17:14

Japanese trading house Mitsui & Co. Ltd. (8031.TO) Thursday became the first Japanese company to enter into a European shale gas project by agreeing to acquire a 9% stake in Polish exploration concessions from subsidiaries of Marathon Oil Corp. (MRO).

Italy To Give EUR300M-EUR400M In Aid To Libya Rebels

Πεμ, 9 Ιουνίου 2011 - 17:13

Italy will provide Libya's rebel council with loans and fuel products worth EUR300 million to EUR400 million, a foreign ministry spokesman said in Abu Dhabi Thursday.

Merkel: Germany Needs Up To 20GW New Fossil Generation Capacity

Πεμ, 9 Ιουνίου 2011 - 17:13

To secure energy security while exiting nuclear power Germany needs to build double the amount of new fossil-fired power plants than the government previously had earmarked, Chancellor Angela Merkel said Thursday, while sticking to ambitious emission reduction goals.

Oil, Gas Companies Fear Higher Royalty Payments Under Obama Effort

Πεμ, 9 Ιουνίου 2011 - 17:12

Energy companies are concerned they could be forced to pay higher oil and gas royalties under a new Obama administration effort to revamp royalty calculations for energy extracted from federal lands and waters.