English Edition

Bulgaria Offered to Pay Installment for Burgas–Alexandrupolis Pipeline by Mar 20

Παρ, 18 Φεβρουαρίου 2011 - 14:14

Bulgaria has been offered to pay its installment as a shareholder in the Burgas-Alexandrupolis oil pipeline, estimated by Russia at EUR 7.3 million, by March 20, 2011, and to continue funding the project, Russian daily RIA Novosti reported on Thursday.

IEA Report: China Oil Cos Autonomous From Govt, Boost Supplies

Πεμ, 17 Φεβρουαρίου 2011 - 16:49

China's state oil companies are operating autonomously and are helping boost oil supplies globally, an energy watchdog said in a report Thursday, contrary to a widespread perception that they are acting under the sole orders of the country's government.

Shtokman Faces New Delays On Low Gas Demand

Πεμ, 17 Φεβρουαρίου 2011 - 16:49

The giant Shtokman gas project in Russian Arctic waters faces new delays due to low gas demand and disagreements between shareholders over the project's design, government and company officials said Thursday.

Rosneft Fully Replaced Hydrocarbon Reserves In 2010

Πεμ, 17 Φεβρουαρίου 2011 - 16:49

Russia's biggest oil producer OAO Rosneft (ROSN.RS) said Thursday it added more hydrocarbons to its reserves than it produced in 2010, posting a reserve replacement rate of 106%.

EDF: Generic Anomaly At French Nuclear Plants

Πεμ, 17 Φεβρουαρίου 2011 - 16:48

French utility giant Electricite de France SA (EDF.FR) Thursday reported a level-one generic anomaly affecting the bearing bushings of its back-up diesel generators at several of its French nuclear power plants, with a level-two anomaly reported at another.

Iran Says It Will Send 2 Warships Through Suez Canal: PRESS TV

Πεμ, 17 Φεβρουαρίου 2011 - 16:48

Two Iranian warships are on their way to pass through the Suez Canal and the Iranian government is in contact with Egyptian officials to arrange passage, Iran's Press TV reported Thursday on its website, citing an unidentified Iranian naval official.

Iraq Exports 2.163 Million B/D Of Oil In Feb -SOMO Chief

Πεμ, 17 Φεβρουαρίου 2011 - 16:48

Iraq has exported 2.163 million barrels a day of crude oil this month to Feb. 17, the same rate as the previous month, head of the state oil marketing company, or SOMO, said Thursday.

US Energy Firm Says Fata Favorable for Sizable Quantity of Natural Gas Off Cyprus

Πεμ, 17 Φεβρουαρίου 2011 - 14:50

U.S. company Noble Energy said Wednesday that seismic data indicate a strong chance of a sizable natural gas find off the southeastern coast of Cyprus and that it hopes to begin drilling late this year or in early 2012.

RSEnergy successfully completes the renewal procedure of the ISO 9001 certification by TUV AUSTRIA HELLAS

Πεμ, 17 Φεβρουαρίου 2011 - 14:46

RSEnergy Hellas Solartechnik was one of the first photovoltaic companies in Greece being audited by TUV AUSTRIA HELLAS and having received an ISO9001:2000 certification. In the first week of February RSEnergy has successfully completed the renewal procedure of the ISO9001 certification in its upgraded version ISO9001:2008

Russia's Gazprom, Slovenia to Create South Stream Gas Pipe JV in March 2011

Τετ, 16 Φεβρουαρίου 2011 - 16:28

Russia's gas giant Gazprom plans to establish a joint venture with Slovenia's gas transport company Geoplin Plinovodi in March 2011 to oversee construction of the Slovenian part of the South Stream pipeline project intended to bring Russian gas to Europe across the Black Sea, Igor Schyogolev, co-chairman of the Russian-Slovenian intergovernmental commission, said on Wednesday.

EdF Has Until Feb 20 To Submit Final Bid For Polish Enea -Report

Τρι, 15 Φεβρουαρίου 2011 - 17:10

Electricite de France SA (EDF.FR) has until Feb. 20 to submit a final offer for the Polish Treasury Ministry's 51% stake in Polish utility Enea SA (ENA.WA), daily Dziennik Gazeta Prawna reports Tuesday, citing an unnamed source.

Cnooc To Spend CNY350 Bln On Exploration Next 5 Years -Report

Τρι, 15 Φεβρουαρίου 2011 - 17:10

China National Offshore Oil Corp. will spend CNY350 billion ($53 billion) on oil and gas exploration in China over the next five years, state television reported Tuesday, without citing a source.

Iraq To Hold New Oil, Gas Exploration Bid Round 4Q

Τρι, 15 Φεβρουαρίου 2011 - 17:09

The Iraqi government plans to hold a new oil and gas licensing auction later this year as it seeks a major push to increase oil output and to capture natural gas for electricity generation, a senior Iraqi oil official said.

Exxon Mobil Corporation Announces 2010 Reserves Replacement

Τρι, 15 Φεβρουαρίου 2011 - 17:09

Exxon Mobil Corporation announced today that additions to its proved reserves in 2010 totaled 3.5 billion oil-equivalent barrels, replacing 209 percent of production. Excluding the impact of asset sales, reserves additions replaced 211 percent of production.

Siemens To Invest Millions Of Dollars In Saudi Arabia

Τρι, 15 Φεβρουαρίου 2011 - 17:09

German industrial conglomerate Siemens AG (SI) said Tuesday it plans to invest hundreds of millions of dollars in building a gas turbine manufacturing and repair facility in Saudi Arabia.

Noble Energy $750 Mln 30-Year Bond On Tap

Τρι, 15 Φεβρουαρίου 2011 - 17:08

Noble Energy Inc. (NBL) said Tuesday it would be offering a new 30-year bond. The $750 million senior unsecured issue is expected to be sold later this session via active bookrunners Barclays and Bank of America Merrill Lynch (BAC). It will include a make-whole call option, with final maturity slated for March 1, 2041.