English Edition

Shell CFO: Sees Production At Iraq Majnoon Greenfield Project Within 2-3 Months

Τρι, 21 Μαΐου 2013 - 17:41

Royal Dutch Shell PLC (RDSB.LN) aims to start production from a greenfield project in Iraq's Majnoon oil field within the next two to three months, Chief financial Officer Simon Henry said Tuesday.

Greek Refiner, HELPE, Issues Order to Buy 80.000 Barels of Urals Crude Oil

Τρι, 21 Μαΐου 2013 - 12:05

Hellenic Petroleum (ELPE), Greece’s largest refiner, has issued a tender to buy an 80,000-ton cargo of Russian Urals crude oil for early June delivery, a trading source said, the first in months as its finances improve.

Itochu, Partners Win Y350B Turkey Refinery Order -Nikkei

Δευ, 20 Μαΐου 2013 - 17:24

A consortium comprised of Itochu Corp. (8001.TO) and foreign firms won an order from the State Oil Company of the Azerbaijan Republic (SOCAR) to build Turkey's largest oil refinery in the western city of Izmir, the Nikkei reported in its Monday evening edition.

Japan Set To Invest In African Resources

Δευ, 20 Μαΐου 2013 - 17:24

Japan is pledging $2 billion for energy and mineral projects in Africa, capping a conference with government resource officials from across the continent as it seeks to catch up with years of Chinese investment.

Egypt Appoints New CEO for State-Owned Oil Firm

Δευ, 20 Μαΐου 2013 - 17:23

Egypt's oil ministry Monday named Tarek El-Barkatawy chief executive of state-owned Egyptian General Petroleum Corp., or EGPC, at a time when the country is facing a severe fuel shortage and needs to negotiate favorable rates with oil producers.

Algeria Plans to Build First Nuclear Plant by 2025

Δευ, 20 Μαΐου 2013 - 17:23

Algeria plans to build its first nuclear power plant by 2025 in a bid to diversify its energy resources and meet soaring demand for electricity, the country's Energy and Mines Minister Youcef Yousfi said in remarks published Monday.

Energy Chief Oettinger Says EU to Review Fracking This Year

Δευ, 20 Μαΐου 2013 - 17:23

The European Union will review hydraulic fracturing and the environmental concerns surrounding the practice this year, EU Energy Commissioner Guenther Oettinger says in newspaper Die Welt.

Japan Eyes Resuming Nuclear Development Talks With India -Kyodo

Δευ, 20 Μαΐου 2013 - 17:22

Japan is considering resuming talks with India on bilateral cooperation in nuclear energy development, the top government spokesman said Monday, Kyodo News reported.

Bulgaria Invites Bids for Seismic Qualification Upgrade of N-plant Building

Δευ, 20 Μαΐου 2013 - 13:23

Bulgaria's State Enterprise Radioactive Waste (SERAW) invited bids for a seismic qualification upgrade to a building of the country's sole nuclear power plant in Kozloduy, on the Danube, the European Bank for Reconstruction and Development (EBRD) said.

Trans Adriatic Pipeline Secures Third Party Access Exemption

Παρ, 17 Μαΐου 2013 - 18:01

Following the approval from th e relevant regulatory authorities in Italy, Greece and Albania, the European Commission has formally approved the Trans Adriatic Pipeline’s (TAP) application for Third Party Access (TPA) exemption for the initial capacity of 10bcm.

Total CEO Confirms Medium-Term Production Targets

Παρ, 17 Μαΐου 2013 - 17:57

French oil major Total SA's (TOT) chairman and chief executive, Christophe de Margerie, Friday confirmed the group's medium-term production targets.

GDF Suez's Belgian Unit to Restart Nuclear Reactors

Παρ, 17 Μαΐου 2013 - 17:57

Electrabel, a Belgian power utility controlled by French group GDF Suez (GSZ.FR), is preparing to restart two nuclear reactors shut since last summer after the country's regulator Friday authorized their reopening.

Total CEO: Unlikely Probed Oil Firms Involved in Alleged Price Rigging

Παρ, 17 Μαΐου 2013 - 17:57

The head of French oil company Total SA (TOT) said Friday he believed the companies being investigated as part of a European Commission probe into alleged oil-price manipulation weren't involved in such activities.