English Edition

Turkey Orders $350 Mln LNG From Qatar

Πεμ, 5 Δεκεμβρίου 2013 - 17:44

Turkey has ordered five cargoes of liquefied natural gas imports from Qatar worth $350 million due to expected cold weather in the coming days, Energy Minister Taner Yildiz said Thursday.

EDF CFO Denies Specific Interest in E.ON's Italian Assets

Πεμ, 5 Δεκεμβρίου 2013 - 17:43

Energy giant Electricite de France SA (EDF.FR) has "no specific interest" in E.ON SE's (EONGY) Italian assets, EDF's Chief Financial Officer Thomas Piquemal said Thursday, responding to earlier press reports that included the French firm in a list of potential buyers.

Eni CEO Had Long and Very Warm Meeting With Iran Oil Minister

Πεμ, 5 Δεκεμβρίου 2013 - 17:43

The head of Italian oil company Eni SpA (E) had a "fairly long and very warm" meeting with Iran's oil minister in Vienna Thursday to discuss a possible increase in the company's activities in the country if western sanctions are lifted.

Vitol in Talks to Resume Iran Oil Purchases If Sanctions Over

Πεμ, 5 Δεκεμβρίου 2013 - 17:43

One of the world's largest oil traders, Vitol Group SA, is in talks with Iran to resume buying its oil when sanctions are lifted, people familiar with the matter said Thursday.

Austria's OMV Met Iran Oil Minister

Πεμ, 5 Δεκεμβρίου 2013 - 17:42

A representative of Austria's oil company OMV AG (OMV.VI) met Iran's oil minister Bijan Zanganeh Thursday in Vienna, an Iranian official said.

Italian Parliament ApprovesTri-lateral Intergovernmental Agreement Between Italy, Greece and Albania on TAP

Πεμ, 5 Δεκεμβρίου 2013 - 17:42

Today the Italian Parliament approved the ratification law on the tri-lateral Intergovernmental Agreement (IGA), following the signing of an IGA between Italy, Greece and Albania on the Trans Adriatic Pipeline (TAP) project on the 13th of February 2013.

EU Approves Bulgaria's Plan to Allocate EUR945M Worth of Free CO2 Allowances

Τετ, 4 Δεκεμβρίου 2013 - 16:06

The European Commission approved Wednesday Bulgaria's decision to allocate 945 million euros worth of free greenhouse gas emission allowances for the modernization of Bulgaria's electricity sector.

Gazprom CEO: No Agreement Yet On Ukraine's Gas Debt to Russia, Talks Ongoing

Τετ, 4 Δεκεμβρίου 2013 - 16:05

No agreement on Ukraine's gas debt to Russia has been reached yet, chief executive of the gas giant OAO Gazprom (GAZP.RS) Alexei Miller said in a statement Wednesday.

Noble Energy Unveils Two Exploration Discoveries

Τετ, 4 Δεκεμβρίου 2013 - 16:04

Noble Energy Inc. (NBL) disclosed two new discoveries of crude oil and natural gas as the exploration company seeks to meet growing demand for the resources.

OPEC Faces Challenges to Maintain Oil-Market Stability

Τρι, 3 Δεκεμβρίου 2013 - 13:20

The oil market has been rocked by upheaval in the last 1,000 days, from revolution in Libya and an embargo on Iran's oil sales to a 6 million barrel rise in world oil use and an astonishing resurgence in U.S. oil production.

BP Gets Favorable Ruling From Federal Appeals Court

Τρι, 3 Δεκεμβρίου 2013 - 13:20

A federal appeals court ruling late Monday may spare BP PLC (BP, BP.LN) from making hundreds of millions of dollars in compensation payments stemming from its 2010 oil spill in the Gulf of Mexico.

Polish Companies Plan $3.9 Bln Investment in Petrochemical Plant

Τρι, 3 Δεκεμβρίου 2013 - 13:19

Poland's state-controlled companies Grupa Lotos SA (LTS.WA) and Grupa Azoty SA (ATT.WA) want to build a 12 billion zloty ($3.9 billion) petrochemical plant as part of the government's plan to strengthen national champions.

Iran Deal And Iraqi Output Refresh Tensions At OPEC

Δευ, 2 Δεκεμβρίου 2013 - 18:37

Tensions are emerging within the Organization of the Petroleum Exporting Countries over which member countries should trim oil production to make room for a resurgence in Iraqi exports and the possible return of more Iranian crude to world markets if sanctions are eased.