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Greek Police Trace EU Carbon Thieves in Romania

Δευ, 31 Ιανουαρίου 2011 - 17:09

The theft of pollution permits that forced the closure of the spot market in EU emissions permits last week may have originated in Romania, a Greek police official said on Saturday (29 January).

TNK-BP to Block Dividend Payment in Protest Against BP-Rosneft Deal

Δευ, 31 Ιανουαρίου 2011 - 17:08

Russian shareholders of the TNK-BP joint venture plan to block dividend payments in opposition to the Rosneft-BP share swap deal in a move that could cost BP $1 billion, a business daily said on Monday.

Brent Could Rise Over $100/bbl On US GDP - SEB

Παρ, 28 Ιανουαρίου 2011 - 18:04

North Sea Brent crude could rise above $100/bbl if US GDP figures due for release at 1330 GMT surprise to the upside, says Filip Petersson at SEB Commodity Research. However, the overall outlook for Brent remains neutral-to-bearish as several fundamental supports have weakened lately.

German CO2 Emissions Registry Remains Closed For Time Being

Παρ, 28 Ιανουαρίου 2011 - 18:03

Germany's carbon dioxide emissions registry remains closed, and it's still unclear how long the closure will last, a spokeswoman for the Deutsche Emissionshandelsstelle told Dow Jones Newswires Friday.

Iran Nuclear Plant Will Be Ready In April

Παρ, 28 Ιανουαρίου 2011 - 18:03

Iran's first nuclear power plant will be ready to generate electricity on April 9, atomic energy chief Ali Akbar Salehi said Friday, in signs of yet another delay.

The Sweet Spot For Big Oil - Goldman Sachs

Παρ, 28 Ιανουαρίου 2011 - 18:02

This year will be the "sweet spot" for earnings at large oil companies as high oil and gas prices boost margins, but ample capacity in the oil service industry keeps a lid on costs, says Goldman Sachs. "We forecast 2011 EPS growth of 27%," for the sector, it says.

Chevron Production To Increase 1% In 2011

Παρ, 28 Ιανουαρίου 2011 - 18:02

Chevron (CVX) expects to increase 2011 production 1% to about 2.79 million barrels of oil equivalent per day. The forecast assumes oil at $79/barrel. UBS said the guidance is in line with analysts estimates and previous guidance.

Cnooc Aims To Raise 2011 Output 8%-12%, Capex 55%

Πεμ, 27 Ιανουαρίου 2011 - 15:13

Cnooc Ltd. (CEO), China's biggest offshore oil and gas producer by output, said Thursday it expects its crude oil and natural gas production this year to rise by 8%-12% from 2010 through implementation of new projects in China and abroad.

BP: UK Onshore Oil Field Shut Since November By Small Oil Leak

Πεμ, 27 Ιανουαρίου 2011 - 15:13

BP PLC (BP) shut down its Wytch Farm oil field in the U.K. in November following a small oil leak on a pipeline, but should restart the field shortly, the company said in a statement Thursday.

Rosneft, ExxonMobil To Explore For Black Sea Oil

Πεμ, 27 Ιανουαρίου 2011 - 15:12

U.S. oil giant Exxon Mobil Corp. (XOM) Thursday became the second company in a month to sign a major offshore oil exploration agreement with Russian oil company OAO Rosneft (ROSN.RS), following a similar deal with BP PLC (BP).

Tullow Approaching Finishing Line On Uganda Dispute

Πεμ, 27 Ιανουαρίου 2011 - 15:12

Tullow Oil PLC (TLW.LN) is "approaching the finishing line" in talks with the Ugandan government to resolve a tax dispute that has held up for months its plans to bring in new partners to develop oil discoveries there, the company's chief financial officer, Ian Springett, said Thursday.

MARKET TALK: BP Must Show Rosneft Deal Is Mutually Positive-Guardian

Πεμ, 27 Ιανουαρίου 2011 - 15:12

Russian shareholders in TNK-BP, BP's (BP.LN) Russian joint venture, have asked a court in London to halt the landmark share swap and exploration deal between BP and Rosneft (ROSN.RS), according to a representative of the Russian partners.

Czech CO2 Registry: Impossible To Say When Market Will Reopen

Πεμ, 27 Ιανουαρίου 2011 - 15:11

Ongoing police investigations mean Czech and other European carbon dioxide trading registries are to remain closed indefinitely, the head of the Czech registry said Thursday.