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Statoil Delays Development of Bressay Oil Field

Παρ, 22 Νοεμβρίου 2013 - 15:12

Global energy company Statoil ASA (STO) is to delay investment in the Bressay heavy-oil field in the U.K. sector of the North Sea, in a setback to its development plans.

Iran Nuclear Negotiator: No Deal Without Right to Enrich Uranium

Πεμ, 21 Νοεμβρίου 2013 - 17:41

Iran will not sign up to a nuclear deal with world powers unless they accept its right to enrich uranium, its chief negotiator to talks in Geneva said Thursday.

Italy Announces EUR12B Privatization Plan

Πεμ, 21 Νοεμβρίου 2013 - 17:41

Italy's government on Thursday approved plans to sell up to 12 billion euros ($16.13 billion) in business assets in a bid to overcome objections from Brussels and gain the right to make extra public investments in 2014.

IEA: Key Emerging Economies Announce Mutual Interest to Pursue Enhanced Co-operation

Τετ, 20 Νοεμβρίου 2013 - 18:37

The International Energy Agency and six "partner countries" – Brazil, China, India, Indonesia, Russia and South Africa – on Wednesday for the first time expressed their mutual interest in pursuing a stronger, more enhanced form of multilateral co-operation. The Joint Declaration on Association was issued at the end of the 2013 IEA Ministerial Meeting.

EU Approves Lithuania's EUR448M State Aid for LNG Terminal Construction

Τετ, 20 Νοεμβρίου 2013 - 18:14

European Union antitrust authorities have approved the state aid that Lithuania's government is providing for the construction and operation of a liquefied natural gas terminal, the EU said Wednesday.

Novatek, Gazprom Neft Buy ENI's Share In SeverEnergia For $2.94B

Τετ, 20 Νοεμβρίου 2013 - 18:14

Russia's No. 2 natural gas producer OAO Novatek (NVTK.RS) and OAO Gazprom Neft (SIBN.RS), the oil arm of the gas giant OAO Gazprom (GAZP.RS) said Wednesday they are buying Italy's Eni SpA stake in gas producer SeverEnergia for $2.94 billion.

Libya's Mellitah Terminal Restarts Oil Exports

Τετ, 20 Νοεμβρίου 2013 - 18:13

Libya's western Mellitah port has resumed oil exports for an Eni SpA (E) joint-venture after protests ended there, a government oil official said Wednesday.

Oliver Hits Back at EU over Oil Sands -- Globe & Mail

Τετ, 20 Νοεμβρίου 2013 - 18:12

Natural Resources Minister Joe Oliver said a move by the European Union to target the oil sands could have an indirect impact on the fate of the Keystone XL pipeline project because it would stigmatize Canadian oil.

U.S. Consumer Prices Fall 0.1% in October on Energy Costs

Τετ, 20 Νοεμβρίου 2013 - 18:12

U.S. consumer prices fell slightly in October, the latest soft inflation figure that could weigh on Federal Reserve officials as they consider scaling back their bond-buying program.

Security Situation in Libya Preventing OMV from Producing Oil

Τρι, 19 Νοεμβρίου 2013 - 19:43

The perilous security situation in Libya is preventing OMV AG (OMV.VI) from producing oil in the north African country, the chief financial officer of the Austrian energy firm said Tuesday.

German Court Doubts Legality of Nuclear Fuel Tax

Τρι, 19 Νοεμβρίου 2013 - 19:42

Germany's biggest utilities, still reeling from the country's early exit from nuclear power, scored a major victory Tuesday when a Hamburg court said the national tax on nuclear fuel rods may violate European law.

UN Chief Deeply Concerned Over Lack of Action on Climate

Τρι, 19 Νοεμβρίου 2013 - 19:42

The head of the United Nations, Ban Ki-moon, said Tuesday he was "deeply concerned" that countries weren't doing enough to limit global warming.

Total Says Two Dead In Belgian Refinery Explosion

Τρι, 19 Νοεμβρίου 2013 - 19:42

Total S.A. (TOT) said Tuesday that two people died and one was missing after an explosion at its refinery in Antwerp, Belgium.