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Statoil Sees Lower Production

Πεμ, 7 Φεβρουαρίου 2013 - 16:18

STATOIL (STO), a Norwegian oil and gas company, said Thursday it expected production to fall in 2013 because of the terror attack on its facility in Algeria and lower gas output in the U.S. and Europe, but posted higher-than-forecast net profit for the fourth quarter.

Parlt to Vote on Bulgaria’s Withdrawal from Burgas-Alexandroupolis Project

Πεμ, 7 Φεβρουαρίου 2013 - 13:47

The Bulgarian government said it will propose to parliament to cancel an agreement between Bulgaria, Greece and Russia for cooperation in the construction of Burgas-Alexandroupolis oil pipeline project.

Eni Discovers New Oil in Egypt's Western Desert

Τετ, 6 Φεβρουαρίου 2013 - 18:01

Eni SpA (E) Wednesday said it has discovered new oil in the Meleiha Concession in the Western Desert of Egypt.

Bosch Plans to Acquire Italian Energy Service Provider

Τετ, 6 Φεβρουαρίου 2013 - 18:00

German automotive technologies company Robert Bosch GmbH said Wednesday it plans to acquire Astrim Energia S.r.l., an Italy-based energy service provider.

Rosneft to Pay RUB5.4B for 12 Arctic Shelf Licenses - Regulator

Τετ, 6 Φεβρουαρίου 2013 - 18:00

Russian state-owned oil giant Rosneft (ROSN.RS) will pay about 5.4 billion rubles ($179.8 million) for 12 exploration licenses on the Arctic shelf, Russian regulator Rosnedra said on its website Wednesday.

Cyprus and Total Sign Contract for Hydrocarbon Exploration in Blocks 10 and 11

Τετ, 6 Φεβρουαρίου 2013 - 14:06

The Cypriot ministry of Commerce and French oil company, Total, signed today a contract concerning the realization of hydrocarbon exploration in the blocks 10 and 11 of the country’s EEZ.

Three Foreign Cos Buy Tender Papers for Oil, Gas Exploration on Bulgarian Offshore Block

Τετ, 6 Φεβρουαρίου 2013 - 13:43

Three foreign companies have bought documents to take part in a tender for awarding a licence for oil and natural gas exploration in the Bulgarian section of the Black Sea, the energy ministry said.

PPC Renewables Announces Three New Tenders for the 50 MW PV Plant in Megalopoli

Τετ, 6 Φεβρουαρίου 2013 - 13:38

PPC Renewables, the branch of Greek utility PPC, for the development of renewable energy projects, announced yesterday three new tenders for the 50MW photovoltaic project of Megalopoli.

Bulgaria's Bulgargaz Plans Expansion

Τετ, 6 Φεβρουαρίου 2013 - 12:39

Dimitar Gogov, CEO of state-owned gas supplier Bulgargaz, has said that the company is gearing up for expansion on gas markets.

BP Fourth Quarter Profit Falls 72% On Gulf Fines, Lower Output

Τρι, 5 Φεβρουαρίου 2013 - 18:15

BP PLC (BP.LN) Tuesday posted a 72% drop in profit for the fourth quarter, as its production fell due to asset sales and it agreed to pay billions of dollars in fines to the U.S. government to settle criminal charges over the Deepwater Horizon oil spill.

OPEC Production Eases Slightly In January On Libya Disruption-Survey

Τρι, 5 Φεβρουαρίου 2013 - 18:14

Crude oil output from the Organization of the Petroleum Exporting Countries fell slightly in January as some Libyan output was disrupted and the Saudis kept their supply at lower levels, according to a Dow Jones Newswires survey of industry sources and analysts.

Colombia's January Oil Output Surpasses 1 Million-Barrel-a-Day Mark

Τρι, 5 Φεβρουαρίου 2013 - 18:14

Colombia said it produced an average of 1.01 million barrels of oil per day in January, marking the first time that average crude output for a month surpassed the one million-barrel mark that the government had set as a target for the country's oil industry.