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EUs Oettinger: Will Take Close Look at German Renewable Energy Law

EU's Oettinger: Will Take Close Look at German Renewable Energy Law

Τρι, 22 Ιανουαρίου 2013 - 17:35

European Union energy commissioner Guenther Oettinger Tuesday said the EU will take a closer look at Germany's renewable energy law to check whether certain exemptions of German power price levies are compatible with European state aid regulations.

Chevron Signs Agreement for Exploration Areas Offshore Morocco

Chevron Signs Agreement for Exploration Areas Offshore Morocco

Τρι, 22 Ιανουαρίου 2013 - 17:34

Chevron Corporation (NYSE:CVX) announced that its subsidiary, Chevron Morocco Exploration Ltd, signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas.

Rosneft CEO Sees Market Cap at $120 Billion

Rosneft CEO Sees Market Cap at $120 Billion

Τρι, 22 Ιανουαρίου 2013 - 17:34

Russian oil giant OAO Rosneft's (ROSN.RS) market capitalization could be a third higher if markets improve and the company works more effectively, Chief Executive Igor Sechin told President Vladimir Putin Tuesday, Russian news agencies report.

CNPC Processed 147 Mln Tons Crude in 2012 -SASAC

CNPC Processed 147 Mln Tons Crude in 2012 -SASAC

Δευ, 21 Ιανουαρίου 2013 - 18:26

China National Petroleum Corp. processed 147 million metric tons of crude oil last year, the State-owned Assets Supervision and Administration Commission said Monday.

Iraq Finds Extra Billion Barrels of Oil -Ministry

Iraq Finds Extra Billion Barrels of Oil -Ministry

Δευ, 21 Ιανουαρίου 2013 - 18:26

Iraq said Sunday it has discovered deposits of crude, equivalent to one billion barrels of oil after the first exploration work by state-owned firms in almost 30 years.

Iraq Oil Sales Dip Last Month But Income Up in 2012

Iraq Oil Sales Dip Last Month But Income Up in 2012

Δευ, 21 Ιανουαρίου 2013 - 18:25

Iraq's oil exports in December fell due to bad weather and a dispute with the Kurdish region, but the country still saw sharply higher income last year compared with 2011, new figures showed Monday.

Statoil CEO: Algeria Crisis is Crossroads for Oil and Gas Industry

Statoil CEO: Algeria Crisis is Crossroads for Oil and Gas Industry

Δευ, 21 Ιανουαρίου 2013 - 18:25

Statoil ASA (STO, STL.OS) Chief Executive Helge Lund said Monday in a town hall meeting with Norway's prime minister and thousands of employees that the In Amenas terror attack represents a crossroads for the global oil and gas industry, but international activities by the company and Norway's wider industry won't be deterred.

TNK-BP To Invest $7B in Rospan Gas Project By 2040

TNK-BP To Invest $7B in Rospan Gas Project By 2040

Δευ, 21 Ιανουαρίου 2013 - 18:25

Russian oil producer TNK-BP, which is being taken over by state-controlled OAO Rosneft (ROSN.RS), said Monday it will invest $7 billion in its Rospan natural gas project by 2040.

Genel Energy Sees 2012 Revenue Ahead of Views at $330M

Genel Energy Sees 2012 Revenue Ahead of Views at $330M

Παρ, 18 Ιανουαρίου 2013 - 18:02

Oil company Genel Energy PLC (GENL.LN) Friday said it expects 2012 revenue to be about $330 million, ahead of previous guidance, even though production for the full year 2012 was in line with guidance at 44,500 barrels of oil a day.