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BP Delivers First Gas Shipment to Israeli Offshore Buoy

BP Delivers First Gas Shipment to Israeli Offshore Buoy

BP PLC began delivering liquefied natural gas to Israel via an offshore buoy Thursday to help meet Israel's energy needs until it begins production of local gas from an offshore field later this year, government officials said. The buoy was built off the Israeli coast by government-owned Israel Natural Gas Lines Co. at a cost of 500 million shekels ($134 million)

Global LNG Trade Shrank in 2012 on Tight Supply

Global LNG Trade Shrank in 2012 on Tight Supply

The global trade in liquefied natural gas likely shrank last year due to lower overall gas output, and gas producers will focus on meeting a supply shortfall for the next couple of years, a senior BG Group PLC (BG.LN) executive said Thursday. Preliminary data show the volume of LNG changing hands declined for the first time in the industry's history by 2.5 million metric tons in 2012, compared with a 19-million-ton jump a year earlier, Steve Hill, vice president of global LNG and oil marketing at BG Group, said at the LNG Supplies for Asian Markets conference in Singapore

Energy Journal: Whats Bad for Gazprom Could Be Bad for Many

Energy Journal: What's Bad for Gazprom Could Be Bad for Many

A big energy development from the snow-tinged talking shop Davos, where Russia's Prime Minister Dmitry Medvedev hinted at an end to Gazprom's monopoly on exporting natural gas. Talking with Bloomberg TV, Mr. Medvedev said this may happen as long as it doesn't harm Russia's economic interests

Iran Diplomat Warns of Strait Closure if US Chooses War

Iran Diplomat Warns of Strait Closure if US Chooses 'War'

The United States has nothing left to pressure Tehran over its nuclear program except for war, and if it chooses conflict Iran could close a key energy chokepoint, its envoy to Baghdad told AFP Thursday. Ambassador Hassan Danaie-Far insisted in an interview that Tehran retained the right to close the Strait of Hormuz, through which a third of the world's traded oil passes, in response to any aggression, military or otherwise

Conergy Completes Three 500KW PV Arrays in Greece

Conergy Completes Three 500KW PV Arrays in Greece

German PV group Conergy has brought three 500kW PV arrays on line in Greece, as integrators and module suppliers continue to view the sunny Mediterranean country as a key growth market – despite its ongoing economic woes and incentive claw-backs.

DAVOS: Russia May End Gazprom Monopoly On Gas Exports

DAVOS: Russia May End Gazprom Monopoly On Gas Exports

Russia may allow natural gas producers other than OAO Gazprom (GAZP.RS) to export gas, Russian Prime Minister Dmitry Medvedev said in an interview with Bloomberg TV at the World Economic Forum in Davos, Switzerland, on Wednesday.

DAVOS: Lukoil CEO in Talks over Lebanese Shelf Project

DAVOS: Lukoil CEO in Talks over Lebanese Shelf Project

OAO Lukoil Holdings (LKOH.RS), Russia's No. 2 crude oil producer, is interested in developing oil on the continental shelf in the Middle East and is considering a project in Lebanon, Chief Executive Vagit Alekperov said.

Azerbaijan Shah Deniz Project To Choose Preferred Pipeline In June -BP Exec

Azerbaijan Shah Deniz Project To Choose Preferred Pipeline In June -BP Exec

The partners in Azerbaijan's Shah Deniz 2 gas field will make a final investment decision on the project in 2013 and choose between two pipelines vying to carry its gas to Europe in June, Al Cook, BP PLC (BP) vice president for the project said Wednesday.

Turkey at the Last Phase of Selecting a Firm for the Second NPP

Turkey at the Last Phase of Selecting a Firm for the Second NPP

Turkey has arrived at the last phase of selecting a firm for the second nuclear power plant that will be constructed in the Black Sea province of Sinop, with the competition split between frontrunners between China, Japan and South Korea.

Wind Energy Reaches 1746 MW in Greece in 2012

Wind Energy Reaches 1746 MW in Greece in 2012

Wind energy installations in Greece reached 1746 MW after the end of 2012, according to the statistics of the Hellenic Wind Energy Association (ELETAEN). Of those, 1461,4 MW are installed in the interconnected grid, while another 284,6 MW are installed in the Greek islands.

EIA: US Could Be Worlds Biggest Liquid Fuel Producer By 2014

EIA: US Could Be World's Biggest Liquid Fuel Producer By 2014

Total U.S. production of liquid fuels could equal or surpass Saudi Arabia as early as next year, but crude oil production will remain short of that in the Middle Eastern energy giant, said the chief of the U.S. Energy Information Administration.

Spains Iberdrola: Three New Wind Parks In US Now Open

Spain's Iberdrola: Three New Wind Parks In US Now Open

Spanish energy group Iberdrola began operating three new wind parks in the U.S. Tuesday, the company said, a move that strengthens its position as the number two renewable energy operator in the country.

Algeria Hostage-takers Aided By Libyan Islamists

Algeria Hostage-takers Aided By Libyan Islamists

Militants who seized an Algerian gas plant before they were killed in a bloodbath received logistical aid from Islamists in Libya, a well-informed source told AFP Tuesday