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Rosneft, Vitol Sign Non-Binding Agreement On LNG Sale, Purchase

Παρ, 21 Ιουνίου 2013 - 14:47

Russian oil major Rosneft (ROSN.RS) and commodity-trading firm Vitol Friday signed a non-binding agreement regarding cooperation in liquefied natural gas (LNG) at the St. Petersburg Economic Forum.

Eni CEO: Rosneft, Eni May Cooperate in Africa

Παρ, 21 Ιουνίου 2013 - 14:46

Russian oil major OAO Rosneft (ROSN.RS) and Eni SpA (E) are looking into opportunities to cooperate abroad and may work in Africa together, Eni Chief Executive Paolo Scaroni told Interfax on the sidelines of the St. Petersburg International Economic Forum Friday.

Gazprom and GDF Suez to Explore Possible Nord Stream Expansion

Παρ, 21 Ιουνίου 2013 - 14:46

French energy company GDF Suez (GSZ.FR) and Russian giant OAO Gazprom (GAZP.RS) Friday said they have agreed to cooperate in exploring the possibility of Nord Stream gas pipeline expansion.

Enel Agrees to Sell Belgium Power Plant to Gazprom for EUR227 Mln

Παρ, 21 Ιουνίου 2013 - 14:46

Enel SpA (ENEL.MI), Italy's biggest utility by market value, Friday said it signed a letter of intent to sell to OAO Gazprom (GAZP.RS) a Belgium power plant as part of its 6 billion euro ($7.92 billion) asset disposal program to slash debt.

IEA: Natural Gas to Emerge as Significant New Transport Fuel Over Next 5 Years

Πεμ, 20 Ιουνίου 2013 - 10:54

Natural gas is set to emerge as a significant new transportation fuel over the next five years, raising the prospect of a challenge to oil's dominance in the sector, the International Energy Agency said Thursday.

Repsol Shareholders Push for Negotiated Solution With YPF

Πεμ, 20 Ιουνίου 2013 - 10:53

The three largest shareholders of Spain's Repsol SA (REPYY, REP.MC) are pressing the oil company's chairman, Antonio Brufau, to resume negotiations with Argentina's YPF SA (YPF, YPFD.BA) after the South American government seized a controlling stake in YPF from Repsol last year, reports Expansion on its website Thursday.

Gazprom to Make Offer for Enel's Belgium Plant

Πεμ, 20 Ιουνίου 2013 - 10:52

Russian gas giant OAO Gazprom (GAZP.RS) is likely to make a formal offer to buy a majority stake in a Belgian power plant held by Enel SpA (ENEL.MI), Italy's energy utility, according to Italian business tabloid, Milano Finanza, Thursday.

Gazprom, CNPC To Sign Long-Term Gas Contract By Year-End

Τετ, 19 Ιουνίου 2013 - 15:39

Russia's gas giant OAO Gazprom (GAZP.RS) and China National Petroleum Corp. (CNPC.YY) plan to sign a long-term contract to supply Russian gas to China by the end of the year, Gazprom said in a statement Wednesday.

Russia Sees No Drop in Oil Output in Medium Term

Τετ, 19 Ιουνίου 2013 - 15:39

Russian energy ministry sees no drop in oil output in the medium term, the country's energy minister Alexander Novak told reporters Wednesday, Interfax reported.

ENI CEO: Reviewing Relationship with Saipem

Τετ, 19 Ιουνίου 2013 - 15:38

Eni SpA (E) Chief Executive Paolo Scaroni said Wednesday that the Italian oil and gas multinational was reviewing its relationship with services company Saipem, of which it holds 43% but with no control over its operations.

IENE’s «7th S.E. Europe Energy Dialogue» to Take Place Just Before the Final Selection for the Natural Gas «Southern Corridor»

Τετ, 19 Ιουνίου 2013 - 14:58

At the most opportune moment for the outcome of EU’s “Southern Corridor” IENE is organizing the “7th South East Europe Energy Dialogue” on June 19 – 20, 2013, in Thessaloniki. A significant part of the 7th SEEED’s agenda is devoted to the latest developments concerning the Southern Corridor, while a decision on the selection of the pipeline to transfer natural gas from the Azeri “Shah Deniz II” field to Europe is imminent

Sinopec in Preliminary Talks to Explore Oil, Gas off Iceland

Τρι, 18 Ιουνίου 2013 - 18:05

China Petrochemical Corp., known as Sinopec Group, is in preliminary talks to explore for oil and gas off the northwest coast of Iceland, the state-run China Daily reported Tuesday, citing an unnamed source from Sinopec.

China, EU to Hold Talks on Solar Panels, Other Trade Issues

Τρι, 18 Ιουνίου 2013 - 18:05

China's Commerce Ministry said Tuesday that it will review a broad range of business issues with the European Union this week, including a potentially disruptive dispute over solar panels.