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Landmark Deal With Jordan Turns Israel Into Gas Exporter

Landmark Deal With Jordan Turns Israel Into Gas Exporter

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 Wont Let Oil Ports Reopen

Libyan Rebel Leader Won't Let Oil Ports Reopen

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

Circle Oil Expects 2014 to Be Very Active Year

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

EU Foreign Ministers Downbeat on Ukraine Deal Prospects

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 Totals French Refineries Strike

Workers at Total's French Refineries Strike

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

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

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

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

Iran Nuclear Talks Expected To Resume In Next Few Days - Kerry

Iran Nuclear Talks Expected To Resume In 'Next Few Days' - Kerry

U.S. Secretary of State John Kerry said Friday nuclear talks between world powers and Iran were expected to resume soon, after Tehran said it was quitting the negotiations. "We're making progress, but I think we're at a point in those talks where folks feel a need to consult, take a moment," Kerry told reporters in Tel Aviv.

EU: Gazprom Submits Draft Proposals in Antitrust Probe

EU: Gazprom Submits Draft Proposals in Antitrust Probe

Russian energy company OAO Gazprom has submitted draft proposals to European Union regulators about its pricing and other practices, the European Commission said Friday. "I can confirm that we have received the proposals," said EU commission spokesman Antoine Colombani

Chevron to Spend Less on Capital and Exploration in 2014

Chevron to Spend Less on Capital and Exploration in 2014

Chevron Corp. (CVX) intends to spend $39.8 billion on capital and exploratory investments next year, about $2 billion less than is expected for 2013, which was a relative peak year for such spending.

Bulgaria, Westinghouse Enter into Exclusive Talks on Nuclear Deal

Bulgaria, Westinghouse Enter into Exclusive Talks on Nuclear Deal

Westinghouse Electric Co., the U.S.-based unit of Japan's Toshiba Corp (6502.TO), Thursday said it had signed an agreement with the Bulgarian energy ministry to enter into exclusive talks for the supply of a new nuclear reactor at its existing Kozloduy nuclear power plant.

Saudi Arabia Signals It Is Unwilling to Cut Oil Output Solo

Saudi Arabia Signals It Is Unwilling to Cut Oil Output Solo

Saudi Arabia won't unilaterally cut oil production as it and fellow OPEC members discuss how to cope with a possible increase in global crude output, according to people familiar with the matter.

New Energy Regulator Head Appointed in Bulgaria

New Energy Regulator Head Appointed in Bulgaria

Bulgaria's governmentappointed on Wednesday the chief executive officer of the state-owned Bulgarian Energy Holding (BEH), Boyan Boev, as head of the country's energy regulator.

Turkey Seeks to Raise Stake in TANAP Project

Turkey Seeks to Raise Stake in TANAP Project

Turkey is seeking to increase its 20% stake in the Trans Anatolian Natural Gas Pipeline (TANAP) project, which will carry Azeri gas to Europe through Turkey, Turkish media reported on Wednesday.

IEA Says Iran Oil Exports Rising But Challenges Abound

IEA Says Iran Oil Exports Rising But Challenges Abound

Iran's oil exports are already rebounding after an interim deal with the West but the Islamic Republic won't flood markets even if international sanctions are lifted, the International Energy Agency said Wednesday.