Gulf Virus Attacks Seem to Be Deliberate Sabotage Attempts -Security Firm Δευ, 3 Σεπτεμβρίου 2012 - 17:50 Viruses that badly affected computer systems at two major oil and gas companies in the Persian Gulf appear to be deliberate attempts at sabotage, but preliminary analysis of the code doesn't point to a state-sponsored attack, said Moscow cybersecurity firm Kaspersky Lab.
Libya's 2012 Oil, Gas Revenues To Reach $54.9 Billion - NOC Δευ, 3 Σεπτεμβρίου 2012 - 17:50 Libya's National Oil Corp., or NOC, said Monday it expects its revenue from oil and natural gas to top $54.9 billion in 2012.
Gamesa Sells 48 MW Wind Turbines to China's Longyuan Group Δευ, 3 Σεπτεμβρίου 2012 - 17:50 Spanish wind-turbine manufacturer Gamesa Corporacion Tecnologica SA (GAM.MC) said Monday it will supply 48 megawatts of wind power capacity to China's Longyuan Group.
Rosneft to Increase Gas Supplies to E.ON Russia Δευ, 3 Σεπτεμβρίου 2012 - 17:49 Russian state oil giant OAO Rosneft (ROSN.RS) has signed a deal to increase natural-gas supplies to the Russian arm of Germany's E.ON AG (EOAN.XE), the companies said Monday.
Dubai Power Demand Up 3.8%, Output Rises 3% in 2Q-DEWA Δευ, 3 Σεπτεμβρίου 2012 - 17:49 Electricity demand in Dubai, the Gulf financial hub, increased 3.8% in the second quarter of 2012 on year, while production rose 3% during the same period, Dubai Electricity and Water Authority, or DEWA, said Monday.
Iran to Use 18% of Stabilization Fund for Oil, Gas Industry Δευ, 3 Σεπτεμβρίου 2012 - 13:08 Iran is to spend 18 percent of its stabilization fund for the development of the oil and gas sector, Petroleum Minister Rostam Qasemi said.
Greek Utility PPC’s Bad Debt Provisions Soar Παρ, 31 Αυγούστου 2012 - 14:54 Greek state-owned utility PPC increased provisions for bad debts by 164pc on the year in the first half because of the financial crisis and liquidity problems in the power market.
Gazprom Resumes Delivery Through Yamal-Europe Pipeline Πεμ, 30 Αυγούστου 2012 - 18:35 Russian natural-gas export monopoly OAO Gazprom (GAZP.RS) said Thursday that it has resumed fuel delivery through the Yamal-Europe pipeline after two days of it being shut down for repairs in Russia and Poland.
Greece's PPC Reports Profit Slump on Higher Energy Costs Πεμ, 30 Αυγούστου 2012 - 18:34 Greek state-controlled utility Public Power Corp. SA (PPC.AT) reported Thursday a first-half net profit of 18.3 million euros ($23 million), down 85.8% from a year earlier because of higher energy costs and a new lignite levy.
Statoil, Rosneft to Establish JVs For Russian Offshore License Areas Πεμ, 30 Αυγούστου 2012 - 18:34 Norwegian oil major Statoil ASA (ROSN.RS) Thursday said it has agreed to establish joint ventures with its Russian peer OAO Rosneft (ROSN.RS) for four Russian offshore license areas.
German Minister Roessler Calls For Improved Access to Chinese Markets Πεμ, 30 Αυγούστου 2012 - 18:34 German Economics Minister Philipp Roesler called on China to open its markets further to European companies.
Qatar RasGas Says Virus Shuts Computers, LNG Output Unaffected Πεμ, 30 Αυγούστου 2012 - 18:33 Qatar's Ras Laffan Liquefied Natural Gas Co., known as RasGas, said Thursday it has been attacked by a computer virus that has shut down part of its computer system since Aug. 27, but left its production unharmed.
Interest Expressed by ELPE for Oil and Gas Exploration in Montenegro Πεμ, 30 Αυγούστου 2012 - 12:11 Hellenic Petroleum, which has been present in Montenegrin market since 2002, is officially interested in taking part in the forthcoming tender for the offshore carbohydrate exploration, said Director General of Jugopetrol Ioannis Geroulanos.
Libya Raises Es Sider Oil Price by 60 cents in Sept -Trade Τετ, 29 Αυγούστου 2012 - 18:18 Libya's National Oil Co., or NOC will increase the price of its key Es Sider crude grade by 60 cents in September, traders said Wednesday.
Germany Speeds Offshore Wind Expansion, Slaps Costs On Consumers Τετ, 29 Αυγούστου 2012 - 18:18 The German government Wednesday proposed to speed the expansion of offshore wind farms by limiting the liability of power network operators for delays and outages of grid connections. The proposals also include plans to slap additional costs onto consumers' power bills, a move that drew immediate criticism from consumer groups.
Gazprom Postpones Shtokman Investment Decision Τετ, 29 Αυγούστου 2012 - 18:17 Russian state-controlled gas company Gazprom OAO (GAZP.RS) has indefinitely postponed an investment decision on its giant Shtokman gas field, Prime newswire reports Wednesday, citing a source in the company.