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E.ON to Sell Lignite Mine, Power Plant to Unit of Czech EPH

E.ON to Sell Lignite Mine, Power Plant to Unit of Czech EPH

German utility E.ON SE (EOAN.XE) said Wednesday it has agreed to sell an opencast lignite coal mine and a power plant to a wholly-owned subsidiary of Czech energy investor EPH for an undisclosed price.

Brazils Petrobras Uncomfortable With Spying Allegations

Brazil's Petrobras Uncomfortable With Spying Allegations

The president of Brazilian state-run oil company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, says she's "uncomfortable" with news that the company may have been the target of spying by the U.S., but said she doesn't believe any crucial technology was stolen.

Genel Energy and DNO International in Kurdistan Gas Supply Pact

Genel Energy and DNO International in Kurdistan Gas Supply Pact

Oil group Genel Energy PLC (GENL.LN) said Wednesday that it and Norway's DNO International ASA (DNO.OS) have signed a Gas Sales and Purchase Agreement with the Kurdistan Regional Government to supply gas from the Summail field in the Dohuk license in the Kurdistan Region of Iraq.

­­­IEA Overhauls its Energy Data Website

­­­IEA Overhauls its Energy Data Website

The International Energy Agency announced on Tuesday that as part of a comprehensive overhaul of the statistics pages of its website, more than 20 years of data for more than 140 countries and regions worldwide are now available online for the first time.

Libyan PM Calls on Foreign Technical Help to Restore Security

Libyan PM Calls on Foreign Technical Help to Restore Security

Shut down oil production in Libya will soon resume, but Libya's internal security situation won't improve unless it receives technical support from the international community, the country's prime minister said Tuesday.

Romanias GSP to Drill Four Wells in Aegean Sea

Romania's GSP to Drill Four Wells in Aegean Sea

Romanian drilling contractor Grup Servicii Petroliere (GSP) has won a 120-day contract to drill four wells in Greece's sole oil and gas field Prinos for Energean Oil&Gas, GSP said on Monday.

Saboteurs Blow Up Yemen Export Oil Pipeline

Saboteurs Blow Up Yemen Export Oil Pipeline

Saboteurs on Sunday blew up a main oil pipeline in Yemen carrying crude to the Red Sea coast, halting its flow, an industry official and tribal sources said.

Kuwait to Start Offshore 2D Seismic Surveys in Sept

Kuwait to Start Offshore 2D Seismic Surveys in Sept

Kuwait will begin conducting the first survey of its offshore waters in decades this month, part of the Gulf state's plans to boost its hydrocarbon output, the exploration unit of state-owned Kuwait Petroleum Corp. said Sunday.

Repsol Hunts For Oil Deal In North America

Repsol Hunts For Oil Deal In North America

Spanish oil major Repsol SA is shopping for a North American oil company as it seeks to increase its investments in politically stable countries and the U.S. energy boom, according to people familiar with the talks.

China Plans to Boost Urban Infrastructure Construction

China Plans to Boost Urban Infrastructure Construction

China on Monday outlined plans to boost infrastructure construction by 2015 through transport and energy projects, as part of efforts to speed up urbanization and support economic growth.

Asian Oil Product Margins Weaken on Sluggish Demand

Asian Oil Product Margins Weaken on Sluggish Demand

Asian oil product margins narrowed through last week, dragging down refining margins in the region, as weak demand and healthy supply levels offset the impact of refinery outages.

Oil Futures Fall as Syria Agreement Reduces Chance of Military Strike

Oil Futures Fall as Syria Agreement Reduces Chance of Military Strike

Oil futures tumbled Monday after the U.S. and Russia over the weekend agreed to the framework of a deal for Syria to turn over its chemical weapons to international authorities, easing concerns of a potential strike against the country and supply disruptions in the Middle East.

Cyprus has a Vision to Become an Energy Hub

Cyprus has a Vision to Become an Energy Hub

Cyprus' Minister of Energy, Commerce, Industry and Tourism Mr Yiorgos Lakkotrypis visited New York on Thursday, September 12 where he had a series of contacts and meetings with organizations and companies dealing with energy issues, think tanks based in New York, officials of the state of New York, expatriate journalists and American media dealing with energy issues.

EPA Plan Seen Curbing New Coal-Fired Power Plants

EPA Plan Seen Curbing New Coal-Fired Power Plants

The Obama administration plans to block the construction of new coal-fired power plants unless they are built with novel and expensive technology to capture greenhouse-gas emissions, according to people familiar with a draft proposal.