English Edition

Japan Likely to Keep July Refinery Runs Slightly Lower on Year

Πεμ, 4 Ιουλίου 2013 - 18:31

Most Japanese refiners will increase the amount of crude they will process in July versus June as many plants are coming back online after spring maintenance, oil refining industry officials said.

Snam CEO Sees Closing of TIGF Buy Earlier Than Expected

Πεμ, 4 Ιουλίου 2013 - 18:30

Snam SpA (SRG.MI), Italy's biggest natural gas grid by pipelines, Thursday said it expects to close the 2.4-billion-euro ($3.12 billion) acquisition of TIGF, a French regional gas pipeline network, earlier than expected.

Serbia's NIS Plans Seismic Survey At Romanian Tria Block

Πεμ, 4 Ιουλίου 2013 - 18:30

Serbian oil company NIS Thursday said it has commissioned Hungary's Acoustic Geophysical Services (AGS) to conduct seismic surveys at the Tria concession block in western Romania, news agency Mediafax reported.

Egypt's Mansour Is Sworn In

Πεμ, 4 Ιουλίου 2013 - 14:25

Adly Mansour, Egypt's new interim president, swore the oath of office in front of Egypt's Supreme Constitutional Court on Thursday morning, ending a whirlwind insurrection that brought millions of Egyptians onto the streets and overturned an Islamist president that only days ago had seemed immutable.

Statoil Makes Investment Decision on Oil Pipeline in North Sea

Πεμ, 4 Ιουλίου 2013 - 14:25

Norwegian oil and gas major Statoil ASA (STO) said Thursday that with its partners it has made the investment decision for a joint oil export solution for the Edvard Grieg and Ivar Aasen fields in the Norwegian North Sea.

Eni Keeps $90/Bbl Brent Crude Forecast; Sees Downward Price Trend

Πεμ, 4 Ιουλίου 2013 - 14:25

Eni SpA (E), Italy's biggest energy company by revenue, is keeping its forecast for Brent oil prices unchanged at $90 a barrel, adding that it expects the price of crude to be in a downward trend, rather than a rising one.

PGS Releases First Data Sets Ahead of Licensing Round in Greece

Πεμ, 4 Ιουλίου 2013 - 12:26

PGS has acquired 2D MultiClient data in Western and Southern offshore Greece for the Hellenic Republic Ministry of Environment, Energy and Climate Change (www.ypeka.gr) and the first fast-track datasets are now available. Seismic data including marine gravity and magnetic data can be obtained by contacting the PGS MultiClient team at [email protected].

GDF Suez Aims to Sell Stakes in Wind, Solar Energy

Τετ, 3 Ιουλίου 2013 - 17:22

French utility company GDF Suez SA is seeking to raise at least 600 million euros ($784 million) by selling large stakes in some of its European wind- and solar-energy businesses, people with direct knowledge of the matter said Tuesday.

Egypt Fears Driving Crude Rally - Analyst

Τετ, 3 Ιουλίου 2013 - 17:21

Concerns over the impact of unrest in Egypt on oil supply are driving a rally in crude-oil futures Wednesday, Chen Hoay Lee, investment analyst at Phillip Futures, says.

Supensions and Bad Weather Slows Iraq Oil Exports in June

Τετ, 3 Ιουλίου 2013 - 17:21

Iraq's crude oil exports fell 6.5% on the month in June due to suspension of exports from northern oil fields for more than 10 days and bad weather in the southern export terminals, according to people familiar with Iraq's State Oil Marketing Organization.

Japan Says Has Concerns About China Drilling in Disputed Waters

Τετ, 3 Ιουλίου 2013 - 17:21

Japan said on Wednesday it has raised with China its serious concerns about the construction of a drilling rig near a disputed and potentially rich gas field in the East China Sea.

EU Parliament Votes in Favor of Backloading CO2 Emissions Permits

Τετ, 3 Ιουλίου 2013 - 17:20

The European Parliament voted Wednesday in favor of revamping its carbon-trading program, approving a proposal intended to restore financial incentives for shifting away from fossil fuels and towards renewable energy.

E.ON Shares Gain After EU Vote On CO2 Backloading

Τετ, 3 Ιουλίου 2013 - 17:20

E.ON (EOAN.XE) shares swing briefly into positive territory in an overall negative market. E.ON's move follows approval by the European Parliament of backloading CO2 emission permits, which should benefit the German company, a trader says.