English Edition

Refiners See Rising Demand for U.S. Gasoline Overseas

Πεμ, 11 Ιουλίου 2013 - 19:05

U.S. refiners are cranking out gasoline at record rates. But gasoline sales are increasing to China, Argentina, Ecuador and elsewhere, amid slowing consumption by American motorists.

Chevron Oil, Gas Output Declining

Πεμ, 11 Ιουλίου 2013 - 19:05

Chevron Corp. said that its second-quarter global oil and gas production and refining-business activity is on track to decrease from a year earlier.

Uprisings Here, There, and Everywhere

Τετ, 10 Ιουλίου 2013 - 18:39

The now persistent uprising in Turkey has been followed by an even larger uprising in Brazil, which in turn has been followed by a less noticed, but no less real, uprising in Bulgaria. Of course, these uprisings were not the first but merely the latest in a truly worldwide series of such uprisings in recent years. There are many ways to analyze this phenomenon. I see them as the continuing process of what started as the world-revolution of 1968.

OPEC Says Global Oil Demand to Pick Up Pace Next Year; Warns of Political Risk

Τετ, 10 Ιουλίου 2013 - 18:38

OPEC said Wednesday global oil demand will pick up pace next year and rise by about 1 million barrels a day, but it warned of political risk to supply going forward.

BP, SOCAR, Total to Buy a 50% Stake in TAP

Τετ, 10 Ιουλίου 2013 - 18:38

Oil giant BP (BP), Azerbaijan's state energy company, SOCAR, and French Total S.A. (TOT) will buy a total of 50% in Trans-Adriatic Pipeline, or TAP, officials at SOCAR said Wednesday.

Nuclear Talks Between UK and EDF to Last Until End of 2013

Τετ, 10 Ιουλίου 2013 - 18:37

Talks between the British government and power giant Electricite de France SA (EDF.FR) over the potential building of new nuclear reactors in the U.K. are expected to last until the end of the year, well past the initial deadline of the end of 2012, several people close to the discussions said.

Plan to Double Prinos Oil Output

Τετ, 10 Ιουλίου 2013 - 15:07

Energean Oil is beginning its new drilling program at the Prinos oil field in the northern Aegean on Wednesday, aiming to double its output from the reserve through four new oil wells.

Akkuyu Nuclear Plant EIA Submitted to Ministry

Τετ, 10 Ιουλίου 2013 - 13:14

An environmental impact assessment (EIA) prepared by Akkuyu NPP JSC, which is the general customer and investor of the Akkuyu nuclear power plant, was submitted to the Ministry of Environment and Urban Planning on Tuesday for review.

Russia To Liberalize LNG Exports in Early 2014

Τρι, 9 Ιουλίου 2013 - 18:12

Russia will liberalize exports of liquefied natural gas at the beginning of next year, bringing to an end the monopoly of gas giant OAO Gazprom (GAZP.RS), the energy minister said in an interview with Kommersant daily published Tuesday.

OMV: Libyan Production Shut-In Since June 25

Τρι, 9 Ιουλίου 2013 - 18:12

The Austrian oil and gas company OMV AG (OMV.VI) said Tuesday most of its production in Libya has been shut-in since June 25, 2013.

Crude Prices Lower After Sharp Gains on Egypt, Libya

Τρι, 9 Ιουλίου 2013 - 18:12

Crude oil futures were trading lower Tuesday, readjusting after a sharp push to 14-month highs last week amid violence in Egypt.

Fitch: SE Europe Gas Supply Risk From Gazprom Prepayment Halt

Τρι, 9 Ιουλίου 2013 - 14:05

Gazprom's decision to halt prepayment of natural gas transit fees to Naftogaz until at least 2015 creates the potential for modest supply disruptions in South East Europe this winter due to low levels of gas in Ukraine's storage facilities, Fitch Ratings says. The move is a further blow to Naftogaz, which depends on revenues from the transit of Russian gas to Europe.