English Edition

Ineos, Union Reach Deal to Save UK Petrochemical Plant

Παρ, 25 Οκτωβρίου 2013 - 18:32

Ineos Group Holdings Ltd. Friday reached an agreement with union members to keep open its petrochemicals plant at Grangemouth, Scotland, in a dramatic U-turn on the fate of the Scottish site.

Serbian Energy Min Says Unreformed Srbijagas Slowing Down Project for Gas Link with Bulgaria

Παρ, 25 Οκτωβρίου 2013 - 14:15

The lack of reforms at Serbian state-owned gas monopoly Srbijagas is slowing down the project for the construction of a gas interconnector to Bulgaria, Serbian energy minister Zorana Mihajlovic said.

Ministerial Council Takes Decisive Steps on the Future of the Energy Community and Adopts List of Projects of Energy Community Interest

Παρ, 25 Οκτωβρίου 2013 - 13:35

In the annual Ministerial Council meeting which took place in Belgrade, on Thursday, October 24, a list of 35 “Projects of Energy Community Interest” (PECIs) was adopted. Fourteen electricity generation, nine electricity infrastructure, ten gas infrastructure and two oil infrastructure projects were selected due to their importance for the development of cross-border energy markets in the region

53 Companies and Business and Investor Associations Call for ETS Reform Legislation

Παρ, 25 Οκτωβρίου 2013 - 13:07

EURELECTRIC, together with 51 European companies and business and investor associations, has called on the European Commission to bring forward by the end of the year draft legislation for a structural reform of the EU Emissions Trading Scheme (ETS). A clear carbon price signal and long-term visibility are essential to drive investments and growth, they said in an open letter to European Commission President Barroso, published today.

BHP Billiton Sees Global Commodities Demand Rising 75% Over Next 15 Years

Πεμ, 24 Οκτωβρίου 2013 - 18:16

Anglo-Australian mining firm BHP Billiton Ltd (BHP) expects global commodities demand to grow 75% over the next 15 years driven in part by continued urbanization in emerging economies, the company's chief executive said Thursday.

Iran Temporarily Halts 20% Uranium Enrichment

Πεμ, 24 Οκτωβρίου 2013 - 18:15

Iran has temporarily halted its production of enriched uranium to 20% purity as it has sufficient stocks to fuel its Tehran research reactor, a lawmaker was quoted Thursday as saying.

Noble Energy 3rd-Quarter Net Falls 7.2%; Oil, Gas Revenue Up

Πεμ, 24 Οκτωβρίου 2013 - 18:15

Noble Energy Inc.'s (NBL) third-quarter earnings fell 7.2% as hedging impacts masked the oil-and-gas explorer's stronger revenue and sales volume.

Greece Approves EIA Study on Gas Link with Bulgaria

Πεμ, 24 Οκτωβρίου 2013 - 15:22

Greece ratified on Wednesday the environmental impact assessment (EIA) for the Gas Interconnector Greece-Bulgaria (IGB Pipeline), which will link directly the two countries' national natural gas systems, Greek media reported.

Zagreb, Budapest and Kiev to Link Up to TAP

Πεμ, 24 Οκτωβρίου 2013 - 14:52

Croatia, Hungary and Ukraine agreed on Wednesday to expand their existing pipelines to create a corridor that will carry natural gas through the three countries and connect to the planned Trans-Adriatic Pipeline (TAP) in Europe’s south.

Iberdrola Profit Declines on Regulatory Changes, Weak Demand

Τετ, 23 Οκτωβρίου 2013 - 19:11

Spanish utility Iberdrola SA's (IBE.MC) net profit fell 3% in the first nine months of the year due to regulatory changes and weak demand, the company said Wednesday.

UK Government to Allow Restart of BP UK Gas Field Shut Due to Iran Sanctions

Τετ, 23 Οκτωβρίου 2013 - 19:11

The U.K. government said it had taken "the necessary steps" to allow BP PLC (BP) to restart production at its North Sea Rhum natural gas field, which is partly owned by a Tehran-controlled company.

Eni Says Libya Situation Is Worrying as Wafa Field Remains Shut

Τετ, 23 Οκτωβρίου 2013 - 19:10

The unrest in Libya is worrying as the natural-gas Wafa field remains shut, said Chief Executive Paolo Scaroni of Eni SpA (E) Wednesday, as the Italian energy company continues to face challenges in the key North African country two years after the end of Col. Moammar Gadhafi's regime.

Russia and China Agree on Oil and Gas-Supply Deals

Τρι, 22 Οκτωβρίου 2013 - 19:03

Two of Russia's top energy producers announced Tuesday agreements with China to deliver oil and gas, as the countries move to cement stronger ties.

Romania Launches Gas Company IPO Before IMF Review

Τρι, 22 Οκτωβρίου 2013 - 19:02

Romania on Tuesday launched the sale of a 15% stake in Romgaz, the largest producer of natural gas in Central Europe, seeking to raise between $425 million and $567 million.

Czech Nuclear Expansion Tender Hits New Setback

Τρι, 22 Οκτωβρίου 2013 - 19:02

A Czech court Tuesday issued an injunction preventing utility CEZ AS (BAACEZ.PR) from closing a contract in its ongoing tender for a supplier of two nuclear reactors at its Temelin power plant after it was challenged by a bidder that was cast out of the competition.

Petroleo Brasileiro Petrobras SA: Libra Auction Result

Τρι, 22 Οκτωβρίου 2013 - 14:17

Petrobras announces that the consortium comprised of Petrobras (10%), Shell (20%), Total (20%), CNPC (10%) and CNOOC (10%) was the winner in the 1st Pre-salt bidding round held today by the Brazilian National Petroleum Agency (ANP). With this result, the consortium has acquired rights and obligations to the Libra block.