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OMV Petrom, ExxonMobil Start Large 3D Seismic Study in Black Sea

Τετ, 5 Δεκεμβρίου 2012 - 18:43

OMV Petrom S.A. (SNP.RO), an affiliate of the Austrian oil and gas company OMV AG (OMV.VI), and ExxonMobil Exploration and Production Romania Limited, an affiliate of the oil company ExxonMobil Corp. (XOM), have started conducting a large 3-D seismic study in the Black Sea, OMV Petrom said Wednesday.

Yemen Gunmen Sabotage Oil Pipeline

Τετ, 5 Δεκεμβρίου 2012 - 18:43

Gunmen Wednesday attacked an oil pipeline that pumps some 8,000 barrels of crude per day from southeastern Yemen to export terminals on the Gulf of Aden, suspending operations, an official said.

Cutting Feed-in Tariffs to Cost Slovenia Jobs and Investments

Τετ, 5 Δεκεμβρίου 2012 - 13:36

On November 28th the Slovenian Government significantly decreased the Feed-in tariffs for all newly installed solar power plants as of December 1st, 2012. The Government adopted amendments to the Regulation on supports for the electricity generated from renewable energy sources unexpectedly and has consequently triggered outrage among investors as well as the Slovenian Photovoltaic Industry Association (ZSFI).

Greek Energy Ministry Announces New Bill on Renewable Energy

Τρι, 4 Δεκεμβρίου 2012 - 18:04

The Greek energy ministry presented on Monday a new bill about various matters concerning renewable energy, such as the licensing procedure, the use of the electricity grid and the installation of small wind turbines. The bill is subject to public debate from 3 December until 14 December.

Polish Shale Gas to Be Significantly Cheaper than Gazprom's -PGNiG

Τρι, 4 Δεκεμβρίου 2012 - 17:45

Poland's domestic production of natural gas, including shale gas, will be significantly cheaper than gas imported from the country's main supplier, Russia's OAO Gazprom (GAZP.RS), the chief executive of Polish gas monopoly PGNiG (PGN.WA) said Tuesday.

Turkey May Increase Natural Gas Imports from Russia

Τρι, 4 Δεκεμβρίου 2012 - 17:44

Turkey will increase its natural gas imports from Russia if needed, Turkish Energy Minister Taner Yildiz said Tuesday, adding that imports from Iran won't be hit by new U.S. sanctions.

Gamesa to Sell 58 Turbines to China Guangdong Nuclear Group

Τρι, 4 Δεκεμβρίου 2012 - 17:44

Spain's Gamesa Corporacion Tecnologica SA (GAM.MC) said Tuesday that China Guangdong Nuclear Group Energy Ltd. has awarded it a contract to supply 58 wind turbines.

UAE Security Sacred -Sheikh Khalifa

Δευ, 3 Δεκεμβρίου 2012 - 16:42

President Sheikh Khalifa bin Zayed al-Nahayan warned Sunday against undermining UAE's security as he promised to widen the decision-making process in the nation where some 60 Islamists have been detained this year.

Kogas: Preferred Bidder for Cyprus Gas Exploration Consortium With Eni

Δευ, 3 Δεκεμβρίου 2012 - 16:41

State-run Korea Gas Corp. (036460.SE) has been selected as preferred bidder for gas exploration in Cyprus, a spokesman for the South Korean company said Monday.

Qatar Energy Min: Global Oil Reserves at a Comfortable Level

Δευ, 3 Δεκεμβρίου 2012 - 16:41

Global oil stocks are at healthy levels and there is adequate supply in the market, Qatar's energy minister said on Monday.

TNK-BP Shareholders Withdraw Suit

Δευ, 3 Δεκεμβρίου 2012 - 16:41

Minority shareholders of the traded subsidiary of Russian oil producer TNK-BP Ltd. have filed to withdraw a $3 billion suit against BP PLC (BP), the shareholders' lawyer said Monday, as the British major and its partners close in on deals to sell Russia's No. 3 oil producer to state-controlled oil giant OAO Rosneft (ROSN.RS).

China Aims to Produce 176 Bln Cum Natural Gas by 2015

Δευ, 3 Δεκεμβρίου 2012 - 16:40

China's domestic natural gas output is expected to reach 176 billion cubic meters by 2015, compared with 102.5 billion cum in 2011, the National Energy Administration said Monday.

Sudan, South Sudan Eye Security Deal to Restart Oil Exports

Δευ, 3 Δεκεμβρίου 2012 - 16:38

Defense and security officials from Sudan and South Sudan are expected to resume talks this week as they seek to implement a deal on border security to pave way for the resumption of the South's transit oil shipments through Sudanese territory, officials said Monday.