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Norway to Open First New Oil and Gas Acreage Since 1994

Δευ, 22 Απριλίου 2013 - 18:07

The Norwegian government will propose this week to open the southeastern Barents Sea for oil activity, the Ministry of Petroleum and Energy said Monday, the first new oil acreage in nearly two decades.

Qatar Petroluem, Total Consortium to Build $1.5B Refinery

Δευ, 22 Απριλίου 2013 - 18:07

State-owned Qatar Petroleum said Monday it has signed a joint venture agreement with a consortium led by France's Total SA (TOT) to build a $1.5 billion condensate refinery in Ras Laffan Industrial City.

Hellenic Petroleum Plans Roadshow for Possible Bond Sale

Παρ, 19 Απριλίου 2013 - 18:04

Greek oil refining company Hellenic Petroleum SA (ELPE.AT) is planning to meet investors ahead of a potential bond sale, one of the banks organizing the roadshow said Friday.

Lebanon Pre-Qualifies 46 Firms for First Oil, Gas Licensing Round

Παρ, 19 Απριλίου 2013 - 18:04

Lebanon has shortlisted 46 international oil firms, including U.S. giant ExxonMobil Corp. (XOM), Chevron Corp. (CVX) and France's Total SA (TOT), for its first oil and natural gas licensing round in its Mediterranean coastal waters, the Petroleum Administration said.

Enphase Energy Expands to Greece

Παρ, 19 Απριλίου 2013 - 12:14

US-based company Enphase Energy Inc (NASDAQ:ENPH) said today that its solar microinverters are now available in Greece in addition to seven other countries in the region.

Greece is Planning to Impose an Extraordinary Levy on Rooftop Photovoltaic Systems

Παρ, 19 Απριλίου 2013 - 12:13

Greece's Environment and Energy Ministry is planning to impose an extraordinary levy on photovoltaic systems on rooftops used for the production of electricity (not water heaters) as a result of pressure from the country’s international creditors to bring the electricity market’s deficit down to zero by 2014. The levy could range between 10 and 15 percent of turnover, but those with low incomes will be exempt reports Kathimerini.

RWE Confirms Bleak Outlook on Poor European Power Prices

Πεμ, 18 Απριλίου 2013 - 17:15

Utility RWE AG (RWE.XE) Thursday reiterated that its earnings will come under severe pressure over the next few years as low electricity prices across Europe erode the profitability of its power plants, the company's core business.

Egypt Nears Deal to Import Libya Oil on Credit in May

Πεμ, 18 Απριλίου 2013 - 17:15

Cash-strapped Egypt is close to finalizing an agreement to import 600,000 barrels of crude from OPEC-member Libya in May on credit, in a move that could offer relief from fuel shortages that have recently afflicted the Egyptian economy, officials from the two countries said Thursday.

Russia Sees 2013 Oil Output At 520M Tons, Gas Output At 600BCM-610BCM

Πεμ, 18 Απριλίου 2013 - 17:15

Russia expects its 2013 oil output to be 520 million tons and sees gas output at 600 billion cubic meters to 610 billion cubic meters, deputy energy minister Kirill Milodtsov told reporters, Russian news agencies reported Thursday.

Russia May Lower Stake In Transneft To 75% By 2014

Πεμ, 18 Απριλίου 2013 - 17:14

Russia may cut its stake in pipeline operator OAO Transneft (TRNFP.RS) to 75% by 2014, First Vice President Maksim Grishanin said at a meeting with analysts Thursday, Russian news agencies reported.

France Antitrust Body Calls For End OF Regulated Gas Tariffs

Πεμ, 18 Απριλίου 2013 - 17:14

France's antitrust authority Thursday recommended that regulated natural gas tariffs should be gradually phased out as the scheme is detrimental to domestic competition and doesn't benefit French households.

Anadarko Discovers New Natural-Gas Field Offshore Mozambique

Πεμ, 18 Απριλίου 2013 - 17:14

Anadarko Petroleum Corp. (APC) discovered a new natural-gas field offshore Mozambique and said it has completed drilling a well offshore Kenya.

EREC: 2030 RES Target Will Cut Costs and Kick-Start Sluggish European Economies

Πεμ, 18 Απριλίου 2013 - 14:21

The European Renewable Energy Council (EREC) launched a publication today entitled ‘Hat-trick 2030 – An integrated climate and energy framework’ at the Renewable Energy House in Brussels, ahead of a meeting of Energy and Environment Ministers in Dublin early next week.