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OPEC Unlikely To Change Output Ceiling

OPEC Unlikely To Change Output Ceiling

Τρι, 12 Οκτωβρίου 2010 - 18:43

The Organization of the Petroleum Exporting Countries is highly unlikely to change the current output ceiling when the group meets in Vienna Thursday, a senior Gulf OPEC official said Tuesday.

BP Expected To Start Libya Drilling In November

BP Expected To Start Libya Drilling In November

Τρι, 12 Οκτωβρίου 2010 - 18:43

BP PLC (BP) expects its deepwater drilling activities in Libya to begin by November, after initially planning to begin operation in October, Libya's top oil official told Dow Jones Newswires on the sidelines of the Oil & Money Conference in London.

Wind Could Provide 20 pct of World Power by 2020: Study

Wind Could Provide 20 pct of World Power by 2020: Study

Τρι, 12 Οκτωβρίου 2010 - 13:52

Wind power could meet about a fifth of the world's electricity demand within 20 years, an industry group and environmental watchdog Greenpeace predicted in a new report released Tuesday.

Russias Oil Export Duty May Rise to $289-292 per T from Nov. 1

Russia's Oil Export Duty May Rise to $289-292 per T from Nov. 1

Τρι, 12 Οκτωβρίου 2010 - 13:50

Russia's oil export duty may rise to $289-292 from the current $266.5 per ton from November 1, while export duties on East Siberian oil may increase to $98-100 from the current $82.1 per ton, the Finance Ministry said on Tuesday.

Poland, Russia Gas Deal Might Be Imminent, Concerns Remain

Poland, Russia Gas Deal Might Be Imminent, Concerns Remain

Δευ, 11 Οκτωβρίου 2010 - 17:41

The European Commission, Poland and Russia might reach an agreement on natural gas supplies, and the rules to run a gas pipeline, in the next ten days, although there are still some elements of concern, a commission spokeswoman said Monday.

Libya Oil Head Wants To See Oil At $100/Bbl By Yr-End

Libya Oil Head Wants To See Oil At $100/Bbl By Yr-End

Δευ, 11 Οκτωβρίου 2010 - 17:41

Libya's top oil official said Organization of Petroleum Exporting Countries won't change output quotas when they meet in Vienna this week but stressed that he wants to see crude oil at $100 a barrel by year-end as rising commodity prices erode the group's terms of trade.

Enel Chairman: Will List 30% Of Green Power Unit -Report

Enel Chairman: Will List 30% Of Green Power Unit -Report

Δευ, 11 Οκτωβρίου 2010 - 17:40

Italian energy company Enel SpA (ENEL.MI) plans to list 30% of its green power unit, therby keeping a solid majority and ensuring operational control of the company, Enel chairman Piero Gnudi said Monday in an interview with Italian daily Il Giornale.

Oettinger Plans EU Deepwater Drilling Ban

Oettinger Plans EU Deepwater Drilling Ban

Δευ, 11 Οκτωβρίου 2010 - 15:12

Europe's energy chief will this week call for a temporary ban on new deepwater drilling for oil until a probe is completed into the causes of BP's spill in the Gulf of Mexico, a draft document shows.

EU Sees Aviation Deal as Green Light for Emissions Trading

EU Sees Aviation Deal as Green Light for Emissions Trading

Δευ, 11 Οκτωβρίου 2010 - 15:11

A deal struck by the International Civil Aviation Organisation (ICAO) on capping emissions from international aviation paves the way for swift inclusion of aviation in the EU's emissions trading scheme, the European Commission said on Saturday (9 October).

North Korea Forging Ahead With Uranium Weapons Work -Study

North Korea Forging Ahead With Uranium Weapons Work -Study

Παρ, 8 Οκτωβρίου 2010 - 19:05

North Korea is forging ahead with work to enrich uranium for nuclear weapons, which could add to its atomic arsenal and raise the risk it will sell nuclear know-how abroad, a study said Friday.

OMV To Invest EUR600M Turkish Power Plant

OMV To Invest EUR600M Turkish Power Plant

Παρ, 8 Οκτωβρίου 2010 - 19:04

Austrian oil and gas company OMV AG (OMV.VI) is to invest EUR600 million on building its first combined-cycle power plant in Turkey, the company said Friday.