Brazil's Petrobras To Hike Gas Price By 12% -Report Παρ, 15 Απριλίου 2011 - 18:10 The Brazilian state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will hike natural gas price by 12%, reported in its Friday edition the local newspaper O Estado de Sao Paulo.
Greece Outlines 5-Year Austerity Plan, Details Privatizations Παρ, 15 Απριλίου 2011 - 18:10 Greece's government Friday outlined plans to take a further EUR26 billion in new austerity measures over the next five years, and said it would sell down its stake in key state-owned enterprises in an effort to reduce its giant debt.
Statoil Awarded Licenses Close To Major Oil Find Παρ, 15 Απριλίου 2011 - 18:09 Norwegian oil and gas firm Statoil ASA (STL.OS) has been awarded 11 licenses in Norway's most recent licensing round, the Norwegian ministry of petroleum and energy said in a statement Friday.
German Finance Minister: Anglo-Saxon Media Sowing Confusion On Greece Παρ, 15 Απριλίου 2011 - 18:09 Foreign media are responsible for spreading confusion about Germany's attitude to the Greek debt problem, German Finance Minister Wolfgang Schaeuble said Friday.
Bulgarian Energy Holding Sacks NEK's Head Παρ, 15 Απριλίου 2011 - 13:16 The board of directors of Bulgarian Energy Holding (BEH) has unanimously decided to release Krassimir Purvanov from his position of chief executive officer of the National Electricity Company (NEK), the country's Economy Ministry said in a statement on Thursday.
LUKoil, Bashneft to Develop Giant Trebs, Titov Oilfields Παρ, 15 Απριλίου 2011 - 13:16 Mid-sized Russian oil company Bashneft, the winner of a tender to develop the giant Trebs and Titov oilfields in the Russian Arctic and the country's largest private oil firm LUKoil will sign an agreement of intent on Friday to jointly develop the fields, a LUKoil spokesman said.
Turkey Caught Between Nabucco and South Stream Παρ, 15 Απριλίου 2011 - 13:15 Rival gas pipeline projects Nabucco and South Stream are seeking Turkey's support. But it would not be in Ankara's interest to decide between one or the other, said energy expert Roland Götz. EurActiv Germany reports.
Europe Can Make 30% Emissions Cuts, EU Figures Show Παρ, 15 Απριλίου 2011 - 13:14 A 30% cut in greenhouse gas emissions is possible by 2020 if Europe meets its efficiency targets, according to the maths used by Climate Commissioner Connie Hedegaard.
PPC, Alapis Sign Deals With Chinese Partners Πεμ, 14 Απριλίου 2011 - 17:41 Power utility PPC and pharmaceutical company Alapis announced deals on Wednesday hooking up with Chinese partners eyeing growth opportunities in south eastern Europe.
Gazprom Mngt Recommends 2010 Dividend Of RUB2.7/Share Πεμ, 14 Απριλίου 2011 - 17:40 The management at Russian gas firm OAO Gazprom (GAZP.RS) has recommended its board to pay 2.7 rubles ($0.10) a share in 2010 dividends, a 13% increase from a year earlier, Russian news agencies reported Thursday citing unnamed sources.
Eni Seeks To Ship As Much Equity Libya Oil As Possible To Italy Πεμ, 14 Απριλίου 2011 - 17:39 Eni SpA (E), Italy's biggest energy company by market value, said Thursday it plans to transport as much as possible of its own oil stored in a Western Libyan terminal to Venice for safety reasons.
Refiners Seen Too Weak To Drive Up Oil Price In Coming Months Πεμ, 14 Απριλίου 2011 - 17:39 The usual seasonal pickup in oil demand as refiners ramp up for the summer driving season may be too small this year to overcome doubts about weakening of oil demand growth that have dragged prices lower this week, according to industry experts.
Halliburton is Awarded an Integrated Well Services Contract with Statoil in Norway Πεμ, 14 Απριλίου 2011 - 17:39 Halliburton (NYSE: HAL) has been awarded a contract by Statoil to provide integrated drilling and well services offshore Norway with options up to eight years in duration with extended scope and activity.
Kuwait Resumes Oil Exports As Sandstorm Subsides Πεμ, 14 Απριλίου 2011 - 17:38 State-owned Kuwait Petroleum Corp., or KPC, Thursday resumed oil exports after they were halted due to bad weather conditions a day earlier, state-run Kuwait News Agency, or Kuna, reports citing an official.
Chevron Plans Investment In Kazakh Wind Power Πεμ, 14 Απριλίου 2011 - 17:38 U.S. oil major Chevron Corp. (CVX) plans to develop a wind power project in Kazakhstan, the web site of the Kazakh president said Thursday, quoting Chevron Chief Executive John Watson during his visit to the Central Asian country.
Libyans Must Be Given Means To Defend Themselves - Qatar Τετ, 13 Απριλίου 2011 - 18:11 Qatar's crown prince said the Libyan people must be given the means to defend themselves, at the start of a meeting of top-level diplomats and international organizations in Doha Wednesday.