English Edition

Chevron Awards Contracts For $6-$8B Indonesia Gas Project

Πεμ, 2 Δεκεμβρίου 2010 - 18:35

Chevron Corp. (CVX) said Thursday it has awarded engineering contracts for a deepwater natural gas project that will be its biggest single investment in Indonesia and increase its exposure to booming demand in North Asia for cleaner-burning fuels.

Serica Energy Will Plug And Abandon Marindan-1 Exploration Well

Πεμ, 2 Δεκεμβρίου 2010 - 18:34

Serica Energy PLC (SQZZF), an energy company, Thursday said the indicated volume of hydrocarbons present at the Marindan-1 Exploration Well, Kutai PSC, Indonesia, is not expected to be sufficient to justify commercial development and the well will be plugged and abandoned.

Uranium Prices Could Double In Next Decade-Strateco

Πεμ, 2 Δεκεμβρίου 2010 - 18:34

Prices of spot uranium could more than double within the next decade, the chief executive of Strateco Resources Inc. (RSC.T) said Thursday, due to increased demand from Asia's developing fleet of nuclear reactors.

Iran Makes Arrests Over Nuclear Scientist Killing

Πεμ, 2 Δεκεμβρίου 2010 - 18:34

Iran has arrested "some elements" who were working with Western spy agencies and connected to the murder of a senior Iranian nuclear scientist, Intelligence Minister Heydar Moslehi said on Thursday.

EPA Official Says Agency Ready To Defend Greenhouse Gas Rules

Πεμ, 2 Δεκεμβρίου 2010 - 18:33

The Obama administration is preparing to defend its greenhouse gas policies after Republicans take control of the U.S. House of Representatives next year, the Environmental Protection Agency's top clean-air regulator said Thursday.

Cyprus Seeks Long Term Gas Supplier

Πεμ, 2 Δεκεμβρίου 2010 - 14:50

Cyprus may pick its natural gas supplier for the next 20 years within the coming month, the head of the island’s state electricity authority said on Tuesday. Now exclusively reliant on heavy fuel, authorities are conducting negotiations with short-listed companies for natural gas to come on stream by 2014. A government-controlled company, Natural Gas Public Company (DEFA), is leading talks.

Iran Completes Fueling Bushehr Nuclear Reactor

Πεμ, 2 Δεκεμβρίου 2010 - 14:49

Iran has finished loading fuel into the core of the Bushehr Nuclear Power Plant, Russia's contractor Atomstroiexport said on Thursday.

Gazprom, Naftogaz Ukrainy Agree to Set Up Two Joint Ventures

Πεμ, 2 Δεκεμβρίου 2010 - 14:49

Russia’s Gazprom and Ukraine’s Naftogaz Ukrainy have agreed to set up two joint ventures, the Russian company said after a meeting between its CEO Alexei Miller and Ukrainian Fuel and Energy Minister Yuri Boiko.

No Reasons to Suspect Iran of Seeking Nuklear Weapons - Putin

Πεμ, 2 Δεκεμβρίου 2010 - 14:48

We have “no grounds to suspect Iran of seeking to possess nuclear weapons,” Russian Prime Minister Vladimir Putin said in an interview with CNN’s Larry King.

Shell Eyes 175,000 B/D From Iraq Majnoon In 2012

Τετ, 1 Δεκεμβρίου 2010 - 19:07

Royal Dutch Shell PLC (RDSB.LN) plans to raise oil production from Iraq's supergiant Majnoon oil field to 175,000 barrels a day by the end of 2012, a company executive said Wednesday.

Enel Merges 2 Foreign Financing Units To Optimize Assets

Τετ, 1 Δεκεμβρίου 2010 - 19:07

Enel SpA (ENEL.MI), Italy's biggest utility by market value, said Wednesday it merged two international financing units to optimize its activities abroad and to cut costs.

Syria Plans To Ship 560,000 Tons Of Crude In December

Τετ, 1 Δεκεμβρίου 2010 - 19:06

Syrian state oil marketer Sytrol is scheduled to load 560,000 metric tons, or 3.90 million barrels, of crude oil in December, unchanged from November, a trader familiar with the matter said Wednesday.

EDF Mobilizes Output, Buys In Mkts To Meet Demand Due To Cold

Τετ, 1 Δεκεμβρίου 2010 - 19:06

French utility Electricite de France (EDF.FR) said Wednesday it is utilizing all its means of production and is buying in supplies to help it meet a surge in demand for electricity in France, as a cold snap and snow storms sweep through the country.