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Saudi May Oil Output +0.9% To 8.89 Mln B/D Vs April - Data

Δευ, 18 Ιουλίου 2011 - 18:07

World's largest crude exporter Saudi Arabia saw its oil production rise 0.9% to 8.89 million barrels a day in May compared with 8.82 million barrels a month earlier, official data showed Monday.

Greek Oil Tanker Hijacked Off Nigerian Coast - Police

Δευ, 18 Ιουλίου 2011 - 18:07

Armed men hijacked a Greek oil tanker off the coast of Nigeria at the weekend and took the 20 crew-members hostage, Greek port police told AFP Monday.

TNK-BP Signs Deal To Join Brazil's Solimoes Basin Project

Δευ, 18 Ιουλίου 2011 - 18:06

BP PLC's (BP) Russian joint venture TNK-BP Ltd. (TNBP.RS) has signed a deal to join the Solimoes Basin project in Brazil's Amazon forest, but still awaits regulatory and board approval, the company said Monday.

Russia Jails Ex-Yukos Executive To Eight Years In Absentia

Δευ, 18 Ιουλίου 2011 - 18:06

A Russian court Monday sentenced the former head of a subsidiary of Mikhail Khodorkovsky's OAO Yukos oil giant to eight years jail in absentia on charges of embezzlement, a court official said.

Fitch: Sector Implications if U.S. Loses AAA Rating

Δευ, 18 Ιουλίου 2011 - 18:06

Fitch Ratings remains of the opinion that an agreement will be reached to raise the debt ceiling prior to Aug. 2 and that the U.S. government will make full and timely payment on all of its obligations. As previously stated by Fitch, in the unlikely event that the ceiling is not raised by Aug. 2

Halliburton CEO: Demand For Services Outpacing Capacity Growth

Δευ, 18 Ιουλίου 2011 - 18:05

Halliburton Co. (HAL) Chief Executive Dave Lesar said Monday that demand for oil field services in North America, such as hydraulic fracturing, continues to grow faster than companies like his can add equipment as producers rush to drill unconventional oil basins.

Brent Crude In $110-$120/Bbl Band To Year-End -Mirae

Παρ, 15 Ιουλίου 2011 - 18:26

Despite lingering eurozone fears, Brent oil prices will hover at $110-$120/bbl for the rest of year, Mirae Asset Research says

Japan Hopes To Complete Nuclear Stress Tests By Year-End

Παρ, 15 Ιουλίου 2011 - 18:26

Japan's main nuclear regulatory body said Friday that it hopes the two stages of "stress tests" on the nation's nuclear reactors can be completed by the end of the year, checks that are meant to reassure the public after the Fukushima Daiichi nuclear disaster.

Germany's EnBW To Sue Government Over Nuclear Tax

Παρ, 15 Ιουλίου 2011 - 18:25

German utility EnBW Energie Baden-Wuerttemberg AG (EBK.XE) Friday said its nuclear power unit EnBW Kernkraft GmbH will file a lawsuit against the government over its tax on nuclear fuel rods.

Greece To Sell Controlling Stake In DEPA; Likely To Keep 10%

Παρ, 15 Ιουλίου 2011 - 18:25

The Greek government will sell a controlling stake in natural gas monopoly DEPA SA, but is likely to keep at least a 10% stake in the company, DEPA Chairman and Chief Executive Harry Sachinis said Friday.

BP Makes Voluntary Gulf Of Mexico Safety Commitments

Παρ, 15 Ιουλίου 2011 - 18:24

U.K. energy giant BP PLC (BP.LN) has vowed to hold itself to a higher set of deepwater drilling standards than those already prescribed by U.S. authorities as it aims to assure regulators it is ready to return to operations in the Gulf of Mexico following last year's Deepwater Horizon disaster and subsequent oil spill.

Azerbaijan Jan-Jun Oil Output -5.6% On-Year At 24M Tons

Παρ, 15 Ιουλίου 2011 - 18:23

Azerbaijan produced 23.89 million metric tons of crude oil in January to June, down 5.6% from the same period last year, the state statistics agency said Friday.

Azerbaijan's Socar May Buy Stake In Greece's DEPA

Παρ, 15 Ιουλίου 2011 - 16:18

Azerbaijan's state energy company Socar intends to buy a stake in Greek natural gas monopoly DEPA SA, the company's President Rovnaq Abdullayev said Friday.