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Romania January-June Power Output Falls 7.6% On Year -Mediafax

Πεμ, 8 Αυγούστου 2013 - 17:55

Romanian energy output fell 7.6% on the year to 10.57 million tons of oil equivalent in the first six months, due to declining activity in the thermal sector, official data showed Thursday, news agency Mediafax reports.

Circle Oil to Test and Complete Egypt Well After Drilling

Πεμ, 8 Αυγούστου 2013 - 17:55

Circle Oil PLC (COP.LN) said Thursday that it plans to test and complete its AASE-18 Well in Egypt after successful drilling that started on July 7.

Libya's Main Crude Grade Output Collapses after Protests Shut Port

Πεμ, 8 Αυγούστου 2013 - 17:55

The production of Libya's main grade of crude oil, called Es Sider, has collapsed after the terminal that exports the oil to global markets was shut by protesters, Libyan oil officials said late Wednesday.

Cyprus, Greece And Israel Sign Energy Accord

Πεμ, 8 Αυγούστου 2013 - 17:54

Cyprus, Greece and Israel signed a deal on Thursday to cooperate over energy and aiming at securing Europe's energy supply.

TAP Submits Environmental and Social Impact Assessment to the Authorities in Greece

Τετ, 7 Αυγούστου 2013 - 15:52

After almost four years of intensive pipeline route selection and refinement in Greece, TAP has submitted its comprehensive Environmental and Social Impact Assessment (ESIA) to the Ministry of Energy, Environment and Climate Change.

Serbian Energy Regulator Mulls Gas Price Hike

Τετ, 7 Αυγούστου 2013 - 14:03

Serbia's energy regulator, AERS, said on Tuesday it is reviewing a gas price hike proposal from Srbijagas that could see household tariffs rise by 4.4% as of September 1 while the average increase for all customers is estimated at 5.7%.

CNPC Starts Second Phase of Halfaya Oil Project in Iraq

Τρι, 6 Αυγούστου 2013 - 18:06

China's largest oil company has started the next phase of construction at its landmark oil project in Iraq as it attempts to improve energy security and make up for a decline in oil exports from Iran.

Gazprom Neft Net Rises on Higher Output

Τρι, 6 Αυγούστου 2013 - 18:05

OAO Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Tuesday its net profit for the second quarter increased 25% on the year to 38.1 billion rubles ($1.16 billion) on the back of higher crude oil production.

Global LNG Spend to Top $228 Bln in Next 5 Years - Consultant

Τρι, 6 Αυγούστου 2013 - 18:05

Global capital expenditure in the liquefied natural gas sector will more than double to around $228 billion in the 2013-2017 period, compared to the previous five years, consulting firm Douglas Westwood said in a statement.

Edison CEO Says is Thinking About Importing Shale Gas

Τρι, 6 Αυγούστου 2013 - 18:05

The Chief Executive of Italian utility Edison, controlled by French EDF (EDF.FR), said in an interview published Tuesday that Edison is "thinking" about importing shale gas in Europe.

Israeli Energy Firms Confirm Export Talks to Neighboring Countries

Τρι, 6 Αυγούστου 2013 - 18:04

A group of Israeli energy companies confirmed for the first time Tuesday that they are talking with officials in pursuit of exporting natural gas to Egypt, Turkey, Jordan and the Palestinian Authority.

Brazil to Approve 12th Round Natural Gas Concession Auction Tuesday

Τρι, 6 Αυγούστου 2013 - 18:04

Brazil's National Energy Policy Council was expected to approve Tuesday an auction of natural gas concessions scheduled for November, said the director of the country's National Petroleum Agency, or ANP.

Iraq Seeks Foreign Firms for New Iraq-Turkey Oil Pipeline

Τρι, 6 Αυγούστου 2013 - 12:32

Iraq has invited international companies to build part of a new oil export pipeline linking the country's northern Kirkuk fields to Turkey, an oil ministry spokesman said on Monday. The stretch of pipeline through Iraqi territory will act as a back-up to an existing pipeline that has suffered repeated bomb attacks and technical faults, said Oil Ministry spokesman Asim Jihad.