Bulgarian Environment Minister Says Shale Gas Ban Only Temporary Τρι, 4 Ιουνίου 2013 - 14:02 The moratorium on shale gas exploration and extraction using hydraulic fracturing is only a temporary measure which hinders economic activity, the country's environment minister said.
Greece Announces Plan to Setup a National Hyrdocarbon Company Τρι, 4 Ιουνίου 2013 - 13:23 Greece's Prime Minister Antonis Samaras on Tuesday announced plans for setting up a "national hydrocarbon company" to prospect for natural gas and oil deposits in the Aegean and Ionian seas reports Kathimerini.
Total CEO Sees More European Refineries Closing in Coming Years Δευ, 3 Ιουνίου 2013 - 17:30 More European refineries, including some in France, are likely to shut down in the coming years, as refined-oil products consumption is falling in the region, Total SA (TOT, FP.FR) Chairman and Chief Executive Christophe de Margerie said Sunday.
Gulf States Warn of Steps Against Lebanon's Hezbollah Δευ, 3 Ιουνίου 2013 - 17:30 Arab states of the Gulf could take measures against the Lebanese Shiite movement Hezbollah, openly involved in the Syrian conflict, the head of their six-member bloc said on Sunday.
Libya to Take Steps to Tighten Security in South Δευ, 3 Ιουνίου 2013 - 17:29 Libya announced measures Sunday to tighten security in the south of the country and along its southern borders, after charges from its neighbors that the area has become a source of regional instability.
IGas Says UK Shale Gas Resource May Be Bigger Than Previously Thought Δευ, 3 Ιουνίου 2013 - 17:29 U.K. onshore oil and gas producer IGas Energy PLC (IGAS.LN) said Monday preliminary estimates indicate there may be more shale gas in their northwest England acreage than previously thought.
E.ON Confirms Deal to Import LNG from Canada Δευ, 3 Ιουνίου 2013 - 17:29 German utility E.ON SE (EOAN.XE) confirmed Monday it has reached an agreement with Canada's Pieridae Energy involving the delivery of liquefied natural gas, or LNG, from Canada, after The Wall Street Journal and other media agencies reported on the deal.
BP Plans $1 Billion in New Investment, Adding Two Drilling Rigs in Alaska Δευ, 3 Ιουνίου 2013 - 17:28 BP PLC (BP, BP.LN ) will spend at least $1 billion to increase its Alaska drilling activity over the next five years, the company said Monday.
Greek PPC Renewables' Q1 Net Profit Decreases Δευ, 3 Ιουνίου 2013 - 12:32 Greek clean energy firm PPC Renewables SA has experienced a drop in first quarter net profit to EUR 400,000 (USD 521,000) from EUR 900,000 a year earlier, its parent, Public Power Corp (ATH:PPC), said yesterday.
Eni Sells 6.7% of Galp for EUR677.6M Παρ, 31 Μαΐου 2013 - 17:51 Italian energy giant Eni SpA (ENI.MI) Friday said it had sold 6.7% of smaller Portuguese peer Galp Energia SGPS SA (GALP.LB) for 677.6 million euros ($883.1 million).
South Korea Outlines Energy-Saving Measures After Reactor Shutdown Παρ, 31 Μαΐου 2013 - 17:51 It will be a hotter-than-average summer in South Korean offices this summer if companies comply with energy-saving measures the government is implementing to avert power disruptions following the sudden shutdown of two nuclear reactors this week after it was ascertained that they were operating with fabricated certificates for some components.
Gazprom Exec: May Delay Shtokman for A Future Generation Παρ, 31 Μαΐου 2013 - 17:51 OAO Gazprom (GAZP.RS) could delay the development of its flagship Shtokman gas field in the Artic for "a future generation," a deputy chairman of the state gas giant's board was quoted as saying Friday.
Oil Market Shrugs Off OPEC Output Decision Παρ, 31 Μαΐου 2013 - 17:50 OPEC's decision Friday to retain its production ceiling of 30 million barrels a day came as no surprise to the oil markets, with the lack of movement having been heavily flagged in the runup to the producer group's meeting.
Statoil Accepts NOK30 Million Fine for Gullfaks C Incident Παρ, 31 Μαΐου 2013 - 17:50 Norwegian oil major Statoil ASA (STL.OS) said Friday it has accepted to pay a NOK30 million fine following a 2010 well control incident on the Gullfaks C platform in the North Sea.
GEK TERNA 1Q Results: Significant Reductions in the Construction Segment Παρ, 31 Μαΐου 2013 - 17:50 According to the financial statements of 31/03/2013, which were prepared in accordance with the International Financial Reporting Standards, the 1st quarter results of 2013 for the GEK TERNA Group are as follows:
Bulgaria Reports EU’s Sharpest Rise in Greenhouse Gas Emissions in 2011 Παρ, 31 Μαΐου 2013 - 16:56 Greenhouse gas emissions in Bulgaria increased the most among EU member states in 2011, against the backdrop of a decrease in the bloc's total emissions, the European Union's environmental agency said.