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EU Expects Russia, Ukraine to Ensure Gas Flow to EU Arent Disrupted

EU Expects Russia, Ukraine to Ensure Gas Flow to EU Aren't Disrupted

The European Union expects both Russia and Ukraine to ensure that natural gas supplies to the bloc aren't disrupted, as the two countries face a spat about prices, a spokeswoman said Monday, refusing to call the situation a "crisis."

Shell, Kinder Morgan Announce Plans To Export LNG From U.S.

Shell, Kinder Morgan Announce Plans To Export LNG From U.S.

A Royal Dutch Shell PLC (RDSA) unit struck a deal with a Kinder Morgan Inc (KMI) company to export liquefied natural gas out of an existing import terminal near Savannah, Ga., the companies said Monday.

Algeria Gas Pipeline Attack Kills 2 Guards: Witnesses

Algeria Gas Pipeline Attack Kills 2 Guards: Witnesses

Two security guards protecting a gas pipeline have been killed and seven others wounded in an attack by Islamists southeast of the Algerian capital, local residents said on Monday.

Total Says Korean JV Buying Iran Crude Complies With Law

Total Says Korean JV Buying Iran Crude Complies With Law

French integrated oil and gas major Total SA (TOT, FP.FR) Monday confirmed that Samsung Total Petrochemicals, its joint venture with South Korea's Samsung Group, has resumed buying crude oil from Iran, but insisted it was complying with all international sanctions.

Turkey and Shell to Explore Hydrocarbons in Black Sea

Turkey and Shell to Explore Hydrocarbons in Black Sea

Turkey’s state-run oil researcher TPAO prepares to search for oil in the Black Sea with the Anglo-Dutch Shell, after failed attempts by international energy companies, according to sources. The ministerial sources said TPAO and the Holland-United Kingdom-based Shell have been in contact for an oil exploration partnership in the Black Sea.

Pyongyang Plans Nuclear Detonation

Pyongyang Plans Nuclear Detonation

North Korea made its most explicit statement yet that it plans to detonate another nuclear device -- its third -- in the near future, in what it said was "a new phase of the anti-U.S. struggle."

Libya Says No Word On Western Evacuations

Libya Says No Word On Western Evacuations

Libya said Friday it has yet to be informed by any Western country of their intention to evacuate citizens after several states issued security alerts for their citizens to leave the second city of Benghazi.

Two Missing Statoil Employees in Algeria Found Dead

Two Missing Statoil Employees in Algeria Found Dead

Norwegian oil major Statoil ASA (STO) Friday said two of its employees have been confirmed dead in the fatal attack on the In Amenas gas facility in Algeria.

605 Million euros Loan for Greek Refiner, ELPE

605 Million euros Loan for Greek Refiner, ELPE

Hellenic Petroleum S.A. and Hellenic Petroleum Finance PLC (together “Hellenic Petroleum”) are pleased to announce that they have successfully signed a new €605,000,000 Term Loan Facility and a Bond Loan (together “the Facilities”). The Facilities, which were supported by a group of international and domestic banks, were oversubscribed, exceeding the initial target of €525,000,000.

Cyprus Issues Two Licences for Offshore Gas Exploration

Cyprus Issues Two Licences for Offshore Gas Exploration

Cyprus licenced Italy's ENI and South Korea's Kogas for offshore gas exploration yesterday (24 January), in a boon to an economy in line for an international bailout because of its exposure to debt-crippled Greece.

Bulgaria: Turnout of Referendum on Nuclear Power Seen at 25%-35% According to Poll

Bulgaria: Turnout of Referendum on Nuclear Power Seen at 25%-35% According to Poll

Between 25% and 35% of Bulgaria's six million adults plan to vote in the referendum on the future of the country's nuclear energy scheduled for January 27, a poll shows. The referendum's threshold for validity is turnout in the previous parliamentary elections, i.e. 4.3 million people. The question will be worded as follows: "Should we develop nuclear energy in the Republic of Bulgaria by building a new nuclear plant?"