English Edition

Gazprom Boss Says China Gas Deal May Not be Settled Until 2014

Τρι, 17 Δεκεμβρίου 2013 - 17:38

The head of Russian state-run gas giant OAO Gazprom (GAZP.RS) said Tuesday that a long-awaited deal on deliveries to China may not be signed until February despite earlier vows to settle a contract before the end of the year.

Hungary Buys RWE Stake in Budapest Gas Supplier for HUF41B

Τρι, 17 Δεκεμβρίου 2013 - 17:38

Hungary's state-owned utility MVM Zrt. said Tuesday that it will buy a minority stake in Fogaz Zrt., which supplies natural gas to 820,000 households and business customers in Budapest, from German utility firm RWE AG's (RWE.XE).

Noble Energy Sees $4.8 Billion in Capital Spending Next Year

Τρι, 17 Δεκεμβρίου 2013 - 17:38

Noble Energy Inc. (NBL) said it expects to spend $4.8 billion on capital investments next year, almost $1 billion more than this year's target, and also boosted its fourth-quarter volume estimate as the oil and gas company posted improved sales in the U.S., West Africa and Israel.

E.ON Sells German Regional Unit to Municipalities for EUR610M

Τρι, 17 Δεκεμβρίου 2013 - 17:37

Energy utility E.ON SE (EOAN.XE) said Tuesday it has signed an agreement to sell a majority stake in one of its German regional energy suppliers to a consortium of municipalities in the center of the country.

Final Investment Decision on Shah Deniz-2 Signed in Baku

Τρι, 17 Δεκεμβρίου 2013 - 14:12

The final investment decision on Shah Deniz Stage 2 project has been signed today in Heydar Aliyev Center in Baku.

Landmark Deal With Jordan Turns Israel Into Gas Exporter

Δευ, 16 Δεκεμβρίου 2013 - 16:59

A drilling consortium developing Israeli offshore natural-gas fields is closing in on a politically sensitive deal to supply gas to Jordan, according to people familiar with the situation -- moving the Jewish state a step closer to exporting energy for the first time in its history.

Libyan Rebel Leader Won't Let Oil Ports Reopen

Δευ, 16 Δεκεμβρίου 2013 - 16:59

A Libyan rebel leader said Sunday his group won't let oil ports reopen because his demands for greater regional autonomy hadn't been met.

Circle Oil Expects 2014 to Be Very Active Year

Δευ, 16 Δεκεμβρίου 2013 - 16:58

Circle Oil PLC (COP.LN), an international oil and gas exploration, development and production company, said Monday 2014 will be a very active year operationally with substantial drilling activity in all areas of operation.

EU Foreign Ministers Downbeat on Ukraine Deal Prospects

Δευ, 16 Δεκεμβρίου 2013 - 16:58

European foreign ministers were downbeat Monday about the prospects of signing an agreement with Ukraine anytime soon, and some warned that its unraveling could tarnish relations with Russia.

Workers at Total's French Refineries Strike

Δευ, 16 Δεκεμβρίου 2013 - 16:58

Workers at Total SA's (TOT) refineries in France began a strike over the weekend to demand higher pay, the CGT union said Monday.

EIA: U.S. Oil Output to Grow By Average 800,000 B/D Through 2016

Δευ, 16 Δεκεμβρίου 2013 - 16:57

Surging U.S. crude oil output will rise by 800,000 barrels a day through 2016, when it nears 9.6 million barrels a day, the record high hit in 1970, government forecasters said Monday.

Turkey’s Energy Regulator Clears 93 Renewable Power Plants for FiTs in 2014

Δευ, 16 Δεκεμβρίου 2013 - 12:24

Turkey’s Energy Market Regulatory Authority (EMRA) said it has approved 93 renewable power plants for feed-in tariffs (FiTs) under the country’s Renewable Energy Systems Support Mechanism (YEKDEM) in 2014.

EVN Says Sale of Stake in Devoll HPP Project in Albania Dents FY 2013 Earnings

Παρ, 13 Δεκεμβρίου 2013 - 20:11

The EVN Group said on Thursday the sale of its 50% stake in the Devoll hydro power project in Albania had a negative effect of 27.6 million euro ($38 million) on its earnings in fiscal 2013 ended September 30. The group posted earnings before interest, taxes, depreciation, and amortization (EBITDA) of 457.6 million euro in fiscal 2013