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S Korea Adjusts Oil-Product Volume In Release Of Emergency Reserves

S Korea Adjusts Oil-Product Volume In Release Of Emergency Reserves

Τετ, 6 Ιουλίου 2011 - 18:19

South Korea has increased the proportion of petroleum products that will comprise the stocks of oil that it plans to release from emergency reserves, in line with the preferences of local refiners, Korea National Oil Corp. said Wednesday.

National Grid Sees Steep Decline In UK Gas Output This Winter

National Grid Sees Steep Decline In UK Gas Output This Winter

Τετ, 6 Ιουλίου 2011 - 18:18

The coming winter is likely to see a much sharper-than-usual fall in U.K. natural gas production due to the decline of existing fields and a low number of new resources coming onstream, U.K. utility National Grid PLC (NGG) said Wednesday.

«South East Europe Energy Outlook»: Α Major Reference Study by IENE on the Energy Prospects of the Region

«South East Europe Energy Outlook»: Α Major Reference Study by IENE on the Energy Prospects of the Region

Τετ, 6 Ιουλίου 2011 - 17:51

IENE has just published a major reference study, entitled «South East Europe Energy Outlook». The study provides a thorough and detailed perspective of the energy sector of the region. The structure of the study is based on two main parts: (i) the energy profile of each country and (ii) sectorial analyses. Furthermore, the study covers the liberalization of the electricity and natural gas markets, stresses the role of the «Energy Community» and the influence of the European unification process on the countries of SE Europe

Million-Barrel Oil Tanker Ablaze Off Yemen

Million-Barrel Oil Tanker Ablaze Off Yemen

Τετ, 6 Ιουλίου 2011 - 15:08

An oil tanker carrying 1 million barrels of oil, almost enough to supply Greece for three days, is on fire off the Yemeni coast after being attacked by pirates.

E.ON, Gazprom Still Talk On Long-Term Supply Deals

E.ON, Gazprom Still Talk On Long-Term Supply Deals

Τρι, 5 Ιουλίου 2011 - 18:22

German utility E.ON AG (EOAN.XE) continues to talk with its largest supplier of natural gas--Russia's Gazprom OAO (GAZP.RS)--in an effort to adjust the commercial terms of supply contracts, two people familiar with the matter told Dow Jones Newswires.

Iraq Kurdistan To Boost Oil Exports To 200,000 B/D By Yr End

Iraq Kurdistan To Boost Oil Exports To 200,000 B/D By Yr End

Τρι, 5 Ιουλίου 2011 - 18:22

Oil exports from Iraqi Kurdistan currently stand at about 180,000 barrels a day and the region's natural resources ministry has prepared a plan to boost their volume to 200,000 barrels a day by the end of the year, said Ashti Hawrami, the natural resources minister of the Kurdistan Regional Government, or KRG.

EU Lawmakers Reject Call For More Ambitious Climate Policy

EU Lawmakers Reject Call For More Ambitious Climate Policy

Τρι, 5 Ιουλίου 2011 - 18:21

The European Parliament rejected Tuesday a motion to support more ambitious climate targets, in a move that shows how the fight against climate change is losing steam even in the European Union, after a similar setback just days ago among government representatives.

Russia June Oil Output 10.19M B/D

Russia June Oil Output 10.19M B/D

Δευ, 4 Ιουλίου 2011 - 17:06

Russia produced an average of 10.19 million barrels of oil a day in June, below a post-Soviet record of 10.26 million barrels reached in May, Interfax news agency reports Monday citing statistics from the Energy Ministry.

Iraq Parliament Panel Wants Government To Stop Signing Hydrocarbon Deals

Iraq Parliament Panel Wants Government To Stop Signing Hydrocarbon Deals

Δευ, 4 Ιουλίου 2011 - 17:06

The Iraq parliament's oil and energy committee has called for lawmakers to ban the Baghdad central government, as well as regional and provincial governments, from signing any new oil and gas contracts until a long-delayed hydrocarbon law is enacted.