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Iran Oil Ministry Says Ahmadinejad Wont Attend OPEC Meet -Agency

Iran Oil Ministry Says Ahmadinejad Won't Attend OPEC Meet -Agency

Δευ, 23 Μαΐου 2011 - 18:23

Iran's Oil Ministry quashed reports that the country's President Mahmoud Ahmadinejad would attend the June meeting of the Organization of Petroleum Exporting Countries, according to the official state news agency Irna Monday.

Russia Energy Minister: No Chance To Revive Of BP-Rosneft Deal

Russia Energy Minister: No Chance To Revive Of BP-Rosneft Deal

Δευ, 23 Μαΐου 2011 - 18:22

Russian Energy Minister Sergei Shmatko said Monday he doesn't expect BP PLC (BP)and OAO Rosneft (ROSN.RS) to be able to revive their landmark strategic alliance after it was blocked by BP's existing Russian partners, but he said the two energy giants are continuing discussions.

Gulf Keystone Prepares To Export Oil In Kurdistan

Gulf Keystone Prepares To Export Oil In Kurdistan

Δευ, 23 Μαΐου 2011 - 18:22

Gulf Keystone Petroleum (GKP.LN) said Monday that it is preparing to export up to 5,000 barrels of oil per day at the request of the Kurdish Ministry of Natural Resources.

Iran Says Finds Light Oil in Offshore Gas Field

Iran Says Finds Light Oil in Offshore Gas Field

Δευ, 23 Μαΐου 2011 - 17:56

Iran has discovered a deposit of light oil offshore of an estimated in-place reserve of 756 million barrels valued at $13.6 billion, the state TV website reported on Saturday quoting a senior oil official.

Bulgaria: Nuclear Stress Tests Need to be Technology-Neutral

Bulgaria: Nuclear Stress Tests Need to be Technology-Neutral

Δευ, 23 Μαΐου 2011 - 12:50

Stress tests of Europe's nuclear power plants should be neutral to technology and need to ensure the levels of safety for all existing and new nuke plants within the European Union and neighbouring countries, Bulgaria's Energy Minister Traicho Traikov said during the 6th European Nuclear Energy Forum in Prague.

Trans Adriatic Pipeline and Montenegro Sign MOU to Explore Natural Gas

Trans Adriatic Pipeline and Montenegro Sign MOU to Explore Natural Gas

Δευ, 23 Μαΐου 2011 - 12:47

Trans Adriatic Pipeline and the Ministry of Economy of Montenegro have entered into a Memorandum of Understanding and Cooperation (MOUC) to explore opportunities for developing natural gas markets and enhancing supply diversity in South East Europe (SEE).

Siemens, Rosatom To Discuss Nuclear JV Given Competition Curbs

Siemens, Rosatom To Discuss Nuclear JV Given Competition Curbs

Παρ, 20 Μαΐου 2011 - 17:26

German industrial conglomerate Siemens AG (SI) Friday said it will discuss its planned nuclear energy joint venture with Russia's Rosatom in view of the competition restrictions imposed on Siemens by a court Thursday, which could end up delaying or derailing its plans to become a major force in the field of nuclear energy.

Gamesa Sees No Recovery In US Demand For Wind Turbines Pre-2012

Gamesa Sees No Recovery In US Demand For Wind Turbines Pre-2012

Παρ, 20 Μαΐου 2011 - 17:26

Spain's Gamesa Corporacion Tecnologica SA (GAM.MC), the world's second-largest wind power turbine producer, doesn't anticipate a pickup in U.S. demand of turbines before next year, Chairman Jorge Calvet said Friday.

Libyas Ghanem Was Due In Vienna But Whereabouts Unknown - Austria

Libya's Ghanem Was Due In Vienna But Whereabouts Unknown - Austria

Παρ, 20 Μαΐου 2011 - 17:25

Libya's top oil official Shokri Ghanem was due to land in Vienna on Thursday this week (May 19), but it's unclear if he has actually arrived in the European nation or not, a spokesman for Austria's Interior ministry said Friday.

Bharat Petroleum Starts 120,000 Bbl/Day Central India Refinery

Bharat Petroleum Starts 120,000 Bbl/Day Central India Refinery

Παρ, 20 Μαΐου 2011 - 17:24

Bharat Petroleum Corp. (500547.BY) Friday formally initiated commercial operations at its new 120,000-barrel-a-day refinery in central India that will allow it to sell fuel products in the country's north and take its total refining capacity to 30.5 million metric tons a year.

IEA Could Swap Light For Heavy Crude -JPMorgan

IEA Could Swap Light For Heavy Crude -JPMorgan

Παρ, 20 Μαΐου 2011 - 17:23

A major release of emergency crude stocks this summer by the IEA this summer would be politically tricky, but the agency could take targeted action to ease the shortage of light, sweet crude following the loss of Libyan supplies, says JPMorgan analyst Lawrence Eagles.

Erdogans Crazy Plan Unveiled

Erdogans Crazy Plan Unveiled

Παρ, 20 Μαΐου 2011 - 15:31

With his party expected to win its third overall majority in general elections on June 12, Tayyip Erdogan, Turky’s prime minister, seems set on establishing his own legacy with his long-promised “crazy project” finally unveiled this week: a 50-kilometre long, 120-metre wide canal that his government plans to construct 100 km west of Istanbul between the Black Sea and the Sea of Marmara.