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Srbijagas Eyes 175 mln euro Gazprom Loan for South Stream Section

Τετ, 13 Νοεμβρίου 2013 - 14:55

Serbian state-owned gas monopoly Srbijagas is expecting to get a loan of around 175 million euro ($233.9 million) from Gazprom in the first quarter of 2014 to fund works on the local section of the South Stream gas pipeline, Srbijagas director general Dusan Bajatovic said.

Gas Flow to Bulgaria Not Affected by Ukraine's Halt of Russian Gas Imports

Τρι, 12 Νοεμβρίου 2013 - 14:05

Ukraine’s decision to completely halt Russian gas imports has had no effect on gas deliveries to Bulgaria for the time being, the former head of gas monopoly Bulgargaz, Dimitar Gogov, said.

Serbia Says Work on Local South Stream Section Starts Nov 24

Τρι, 12 Νοεμβρίου 2013 - 13:16

The construction of the Serbian section of the South Stream gas pipeline is set to get underway on November 24 while an offshoot could pump gas to Kosovo to ensure the regional reliability of supplies, the government in Belgrade said on Monday.

Russia's Rosneft Signs Bolivia Energy Deal

Δευ, 11 Νοεμβρίου 2013 - 18:20

Russian oil giant Rosneft (ROSN.RS) has signed a deal to explore for and develop energy in Bolivia, state oil company YPFB said Saturday.

Total Won't Leave Abu Dhabi After Concession Expires, CEO Says

Δευ, 11 Νοεμβρίου 2013 - 18:19

French oil company Total SA (TOT) plans to continue operating in Abu Dhabi even if a key oil concession isn't renewed upon expiry in January, the company's chief executive said Sunday.

BASF: Renewable Surcharge Exemption Removal to Cost EUR400M

Δευ, 11 Νοεμβρίου 2013 - 18:19

BASF AG (BAS.XE) expects to face 400 million euros ($535 million) in additional costs at its headquarters alone should the German government lift an exemption from renewable energy surcharges.

Statoil Makes New Oil Discovery in Norwegian Sea

Δευ, 11 Νοεμβρίου 2013 - 18:19

Norwegian oil and gas major Statoil ASA (STO) said Monday that together with its partners it has made an oil discovery in the Snilehorn prospect in the Norwegian Sea.

Iran, UN Nuclear Agency Reach Deal On Roadmap For Cooperation

Δευ, 11 Νοεμβρίου 2013 - 18:18

Iran and the United Nations nuclear watchdog Monday reached agreement on a "roadmap for cooperation" to resolve outstanding issues linked to Iran's controversial atomic drive, nuclear chief Ali Akbar Salehi said.

Enel CEO Sees Net Debt Dropping to EUR40B This Year

Δευ, 11 Νοεμβρίου 2013 - 18:18

Enel SpA (ENEL.MI), Italy's largest utility, will end the year less indebted than it forecast, Chief Executive Fulvio Conti said in an interview Monday.

Offshore, Shipping and Cruise: Towards a New Era in Marine Technology

Δευ, 11 Νοεμβρίου 2013 - 14:20

The Hellenic Institute of Marine Technology (H.I.M.T.) is an independent, non-profit organisation, established in 1972, playing since then an active role in Greek shipping. Its mission is to contribute to the advancement of maritime technology, by functioning as a platform of interaction among scientists, technologists, entrepreneurs and the regulators of the field.

Serbia Signs Agreement with France in the Environmental Protection and Sustainable Development

Παρ, 8 Νοεμβρίου 2013 - 17:47

Minister of Energy, Development and Environmental Protection Zorana Mihajlovic and French Ambassador to Serbia Francois Xavier Deniau signed today the Administrative agreement between the two countries in the field of environmental protection and sustainable development.

Kashagan Giant Oil Field Won't Restart Output Before Next Year

Παρ, 8 Νοεμβρίου 2013 - 17:45

Oil production at Kazakhstan's giant Kashagan field, halted since early October because of a dangerous gas leak, won't resume before next year, according to people with direct knowledge of the matter, casting a cloud over one of the world's biggest industrial projects.

Enel to Cash In EUR130 Million from Endesa Asset Sale to Cut Debt

Παρ, 8 Νοεμβρίου 2013 - 17:45

Enel SpA (ENEL.MI), Italy's biggest utility that built up its debt after taking over a Spanish rival, Friday said Endesa SA (ELE.MC) agreed to sell an asset that will allow it further reduce its debt burden.

Iran, West Race to Try to Seal Initial Nuclear Deal

Παρ, 8 Νοεμβρίου 2013 - 17:44

Iran and world powers raced in an effort to seal an initial deal Friday to curb Iran's nuclear program in exchange for some easing of sanctions, with U.S. Secretary of State John Kerry and several European foreign ministers arriving in Geneva to narrow differences.

Novatek Planning Move Into Oil Industry

Παρ, 8 Νοεμβρίου 2013 - 14:05

Privately-owned Russian natural gas company Novatek is moving into oil production in the latest sign of its rapid expansion, business newspaper Vedomosti reported Friday.

EDF Lowers FY Nuclear Output Target As Revenue Grows 6.9%

Πεμ, 7 Νοεμβρίου 2013 - 18:08

Electricité de France SA (EDF.FR) Thursday lowered its nuclear output target for the year but kept its financial objectives as it reported a 6.9% increase in revenue for the first nine months of the year, thanks to price hikes in the summer, the integration of Edison's sales and the colder weather than usual in the first half.