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Uganda To Issue Tender For 5 Oil Blocks In 2010 - Official

Παρ, 8 Ιανουαρίου 2010 - 18:32

Uganda is set to issue an international tender for the five remaining exploration oil blocks in the Albertine Graben later this year as it seeks to establish the exact size of its oil reserves, a senior government official said Friday.

RWE: Investment For UK Wind Farms To Be Around EUR12B

Παρ, 8 Ιανουαρίου 2010 - 18:32

German utility RWE AG (RWE.XE) expects a total investment volume of around EUR12 billion for two offshore wind farms for which the U.K. government Friday awarded RWE and its partners construction licenses.

Statoil Executive: UK Offshore Wind Is Clear Extension For Co

Παρ, 8 Ιανουαρίου 2010 - 18:31

Entering the U.K. offshore wind sector is a natural extension for Norwegian oil and gas major Statoil ASA (STO), the world's largest offshore operator, company executive Anne Lycke said Friday.

Aegean Marine Inks Deal to Expand in ARA Region

Παρ, 8 Ιανουαρίου 2010 - 13:53

Aegean Marine Petroleum Network has agreed to acquire Verbeke Bunkering NV, a bunker operator, or supplier of marine fuel, in the Netherlands, for an undisclosed amount.

Rising Energy Prices Drive OECD Inflation

Πεμ, 7 Ιανουαρίου 2010 - 20:04

Rising energy prices confirmed the developed world's emergence from a period of deflation in November, but the prices of most goods and services rose at a slower pace.

Uganda Oil Reserves In 3 Blocks Could Hit 6B Barrels

Πεμ, 7 Ιανουαρίου 2010 - 20:04

Oil reserves in Uganda's three blocks along the Lake Albert basin could be at least 6 billion barrels up from the current estimate of 2 billion barrels once appraisals are completed in around two years time, the energy minister told Dow Jones Newswires Thursday.

Barclays Raises Big Oil '10 Profit Forecast But Cuts Refiners

Πεμ, 7 Ιανουαρίου 2010 - 20:03

Barclays Capital is raising its earnings-per-share forecast for integrated oil companies by an average of 9% in 2010, while reducing its EPS forecast for refiners by an average of 69% in the same period.

Gazprom: Ukraine Naftogaz Fully Paid For December Gas

Πεμ, 7 Ιανουαρίου 2010 - 20:02

Russian energy giant OAO Gazprom (GAZP.RS) confirmed Thursday that it had received payment from Ukraine for gas delivered in December, calming fears of a repeat of last January's gas cuts to Europe.

Grid Issues Second UK Gas Supply Balancing Alert

Πεμ, 7 Ιανουαρίου 2010 - 20:01

Freezing weather and record demand for U.K. natural gas has forced grid operator National Grid PLC (NGG) to issue a Gas Balancing Alert to the market via email Thursday, the second such alert this week.

OPEC Wont Act In March If Oil Below 100 dollars per Bbl

Τετ, 6 Ιανουαρίου 2010 - 17:15

Libya's top oil official said Wednesday the Organization of Petroleum Exporting Countries won't take action in their March meeting in Vienna if crude oil prices remain between $70-90 a barrel.

French Agency: Cold No Threat To French Power Supplies

Τετ, 6 Ιανουαρίου 2010 - 17:13

The current unseasonal cold weather in Northern Europe isn't a threat to French power supplies, Dominique Maillard, the head of France's electricity transport network RTE, said in an interview with French business daily La Tribune Wednesday.

Japan Project Aims To Turn Carbon Dioxide Into Natural Gas

Τετ, 6 Ιανουαρίου 2010 - 17:12

Japanese researchers Wednesday said they hoped to enlist bacteria in the fight against global warming to transform carbon dioxide buried under the seabed into natural gas.

Exxon, Qatar Petroleum To Develop Chemical Complex

Τετ, 6 Ιανουαρίου 2010 - 17:11

Exxon Mobil Corp. (XOM) has agreed with Qatar Petroleum (QP.YY) to develop a petrochemical complex fueled by a giant natural-gas field off Qatar's Persian Gulf coast.

PetroChina In Talks To Buy Valero's Aruba Refinery

Τετ, 6 Ιανουαρίου 2010 - 17:11

Valero Energy Corp. (VLO), the largest refiner in the U.S., is in negotiations with China oil giant PetroChina Co. Ltd. (PTR, 0857.HK) for the sale of its shuttered refinery on Aruba, Reuters reported Tuesday on its Web site.

Bulgaria Shuts Nuclear Reactor For Maintenance

Τρι, 5 Ιανουαρίου 2010 - 18:41

Bulgaria said Tuesday that it would close for maintenance one of the two 1,100 megawatt reactors at its sole nuclear power plant at Kozloduy on the Danube.

Iran Talks To Qatar Bank To Finance EUR400M Oil Dev

Τρι, 5 Ιανουαρίου 2010 - 18:36

The Iranian Offshore Oil Co. is in talks with the Qatar National Bank for a EUR400 million financing to develop the Esfandiar oil field, Iranian media reported Tuesday.