English Edition

Lithuania President Doesn't Expect Deal for Cheaper Russian Gas

Παρ, 20 Σεπτεμβρίου 2013 - 17:57

Lithuania's president Friday said she did not expect her country to secure cheaper gas from its sole supplier, Russia's OAO Gazprom (GAZP.RS), as negotiations have stalled.

EU To Publish Results Of Gazprom Pricing Probe By Spring -- Commissioner

Πεμ, 19 Σεπτεμβρίου 2013 - 18:51

The European Union expects to publish the results of its investigation into OAO Gazprom's (GAZP.RS) pricing and contract policy by "spring next year," EU energy chief Guenther Oettinger said Thursday.

Brazil's ANP: Exxon Mobil, BP, BG Out of Pre-Salt Oil Auction

Πεμ, 19 Σεπτεμβρίου 2013 - 18:49

Oil majors Exxon Mobil (XOM), BP Plc (BP) and BG Group (BG.LN) won't bid in Brazil's sale of one of the world's largest offshore oil discoveries, the director of Brazil's National Petroleum Agency said Thursday.

BP-Led Shah Deniz Group Inks Deals to Sell Azeri Gas Direct to Europe

Πεμ, 19 Σεπτεμβρίου 2013 - 18:49

The BP-led consortium developing the giant Shah Deniz natural gas field in Azerbaijan's Caspian Sea said Thursday it has clinched deals valued at more than $100 billion to sell gas from the project direct into Europe.

Saudi Crude Output, Exports Rise in July Vs June

Τετ, 18 Σεπτεμβρίου 2013 - 19:16

Oil production in Saudi Arabia, the world's largest exporter of crude, jumped to 10.034 million barrels a day in July, compared with 9.642 million barrels a day a month earlier, while exports rose 2.1% during the same period, official data showed Wednesday.

EU Opens Probe into Water Concession Deal for Portugal's EDP

Τετ, 18 Σεπτεμβρίου 2013 - 19:16

European Union authorities are opening a probe into the 2007 concession to Portuguese utility EDP Energias de Portugal S.A. (EDP.LB) of public water resources, saying the price paid may not have been "adequate."

BP and CNPC Gets $4.5 Billion Payment for Investment in Iraq Field

Τετ, 18 Σεπτεμβρίου 2013 - 19:15

Oil Major BP PLC (BP) and partner China National Petroleum Corp., or CNPC received a total of $4.5 billion until the end of 2012 for their investments in the supergiant Rumaila oil field in southern Iraq, a senior Iraqi oil official has said.

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

Τετ, 18 Σεπτεμβρίου 2013 - 19:15

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.

Brazil's Petrobras Uncomfortable With Spying Allegations

Τετ, 18 Σεπτεμβρίου 2013 - 19:14

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

Τετ, 18 Σεπτεμβρίου 2013 - 19:14

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

Τετ, 18 Σεπτεμβρίου 2013 - 16:44

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

Τρι, 17 Σεπτεμβρίου 2013 - 18:19

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.

Shell Reopens Trunk Line of Trans-Niger Pipeline In Nigeria

Τρι, 17 Σεπτεμβρίου 2013 - 18:19

Nigeria-Royal Dutch Shell PLC's (RDSA) Nigerian unit has reopened a trunk line of its Trans-Niger Pipeline in Nigeria that was shut in July following a leak, the company said Tuesday.