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RAE: Weighted Average Import Price of Natural Gas in Greece

Τρι, 11 Δεκεμβρίου 2012 - 12:37

According to the provisions of the Ministerial Decision No Δ1/Γ/400 (Government Gazette Issue Β’ 33/19.1.2007), entitled «Determination of the procedure applied to collect and process the data required to calculate the weighed average import price of Natural Gas”, the companies importing Natural gas in the National Natural Gas System (NNGS) are required to submit to RAE, every three months, data about the quantities and prices of imported Natural Gas.

Vitol Cancels Deal to Buy Oil From Iraq Kurdistan

Δευ, 10 Δεκεμβρίου 2012 - 18:28

Swiss-based Vitol, a leading oil trader, has cancelled a deal with the semi-autonomous Kurdistan region in northern Iraq to buy oil, struck without approval of the central government in Baghdad, the country's federal oil minister said Sunday

Iran: OPEC's Overproduction Could Inflate Oil Inventories

Δευ, 10 Δεκεμβρίου 2012 - 18:21

Iran Monday warned OPEC's current excess oil production could increase oil-inventory levels and said the organization hasn't yet reached a consensus on its next secretary general, Iran's oil ministry website Shana said. The remarks highlight key points of contention for the Organization of Petroleum Exporting Countries to discuss when the group meets Wednesday in Vienna for the first time since June

South Stream Says Undersea Construction To Begin in 2014

Δευ, 10 Δεκεμβρίου 2012 - 18:18

Construction of the undersea section of the South Stream gas pipeline linking Russia to European consumers will only begin in 2014, the consortium said Monday after a major ceremony led by President Vladimir Putin launched the project. Mr. Putin on Friday oversaw a ceremonial first welding of the pipeline which is due to be completed in 2015 and start pumping the gas of Russian state giant Gazprom under the Black Sea to Europe

Russia's Rosneft Places $3 Billion in Eurobonds

Παρ, 7 Δεκεμβρίου 2012 - 17:09

Russian state-controlled oil company OAO Rosneft (ROSN.RS) has placed $3 billion in Eurobonds, the company said Friday, as it seeks to finance its $55 billion buyout of competitor TNK-BP.

Romania Power Output Falls in First 10 Months of 2012

Παρ, 7 Δεκεμβρίου 2012 - 17:09

Romanian energy output fell 2.1% on the year to 19 million metric tons of oil equivalent in the first 10 months of 2012 due to declining production in the hydropower and nuclear sectors, official data showed Friday, news agency Mediafax reports.

OMV CEO Confirms RWE to Exit Nabucco Project

Παρ, 7 Δεκεμβρίου 2012 - 17:08

German utility RWE AG (RWE.XE) will be leaving the consortium behind the proposed pipeline Nabucco West, Austrian oil and gas company OMV AG (OMV.VI) Chief Executive Officer Gerhard Roiss said Friday.

Putin Launches Construction of South Stream Pipeline

Παρ, 7 Δεκεμβρίου 2012 - 17:08

President Vladimir Putin on Friday launches construction of the South Stream pipeline that the Kremlin hopes will pump Russia's natural gas to Europe while bypassing its unpredictable neighbor Ukraine.

JinkoSolar Signs US$1 Billion Strategic Cooperation Agreement with China Development Bank

Παρ, 7 Δεκεμβρίου 2012 - 17:07

SHANGHAI and ZUG, Switzerland, Dec. 7, 2012 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, today announced that JinkoSolar (Switzerland) AG, its Swiss subsidiary, has entered into a strategic cooperation agreement ("Strategic Cooperation Agreement") with the Guangdong Branch of China Development Bank

Eni To Take 22 BCM of Russian Natural Gas in 2012

Παρ, 7 Δεκεμβρίου 2012 - 17:07

Italy's Eni SpA (E) will take 22 billion cubic meters of gas from Russia's OAO Gazprom (GAZP.RS) this year and won't fulfill its "take-or-pay" commitments, Interfax news agency quoted the company's chief executive, Paolo Scaroni, as saying Friday.

Rosneft, ExxonMobil Sign West Siberia Exploration Agreement

Παρ, 7 Δεκεμβρίου 2012 - 13:30

Russian and US oil majors Rosneft and ExxonMobil signed an agreement Thursday to jointly explore the commercial potential of oil fields in Western Siberia, a Rosneft press release said Friday.

Noble to Deliver 750 MCF of Leviathan Gas Daily

Παρ, 7 Δεκεμβρίου 2012 - 13:13

Noble Energy Inc.(NYSE:NBL) plans delivering up to 750 million cubic feet of gas per day from the Leviathan field in the first phase of development in its 2012, the company told its analysts conference The first gas will be delivered, the company added, via a northern entry point in 2016.

Bulgargaz To Propose 9.0% Cut in NatGas Prices as of January 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:56

Gas monopoly Bulgargaz will most likely propose a 9.0% reduction of natural gas prices as of January 1, the company's executive director Dimitar Gogov said.

French Regulated Gas Tariffs May Rise 2% to 3% Jan 1

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Regulated gas prices in France may rise between 2% and 3% from Jan. 1, French daily Le Figaro reports Thursday, without citing its sources.

Russia, China May Sign Gas Deal Within Months - Russia Deputy PM

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

Russia and China will sign a deal on the price and route of Russian natural gas deliveries within months, Russian Deputy Prime Minister Arkady Dvorkovich said Thursday, even as talks between top officials from both countries in Moscow appear to have yielded no breakthrough.

Swedish Nuclear Reactor Ordered Offline Due to Safety Concerns

Πεμ, 6 Δεκεμβρίου 2012 - 17:55

The Oskarshamn 2 nuclear reactor in southern Sweden will be taken offline Thursday after the Swedish Radiation Safety Authority ordered an immediate shut-down due to safety concerns.