Bulgarian Power Market Bemoans Political Appointments Παρ, 24 Αυγούστου 2012 - 10:40 Bulgarian power traders remain unconvinced that a management change at state-owned power utility NEK will lead to meaningful and positive developments in the market.
Bulgargaz Will Consider the Option of Keeping Natural Gas Rates Unchanged Παρ, 24 Αυγούστου 2012 - 10:22 State-owned gas company Bulgargaz will consider the option of keeping natural gas rates in Q4, 2012 the same as in the previous quarter, according to a media statement of the company.
Petromanas Energy Updatew its Ongoing Drilling Program in Albania Παρ, 24 Αυγούστου 2012 - 10:21 Petromanas Energy Inc. provided an operational update on its ongoing drilling program in Albania. The Company spud the Shpirag-2 well located on Blocks 2-3 onshore Albania on June 30, 2012. Drilling of the well continues and the Company has set surface casing to a depth of 1,057 metres and the intermediate hole has reached a depth of approximately 2,200 metres
North Korea's Ceremonial Head of State to Attend Non-Aligned Movement Summit Πεμ, 23 Αυγούστου 2012 - 13:35 North Korea's ceremonial head of state Kim Yong Nam will attend a summit of the Non-Aligned Movement in Tehran next week, the official news agency said Thursday.
Romney Sees More Oil Drilling on US Land and Offshore Πεμ, 23 Αυγούστου 2012 - 13:34 White House hopeful Mitt Romney will unveil an energy plan Thursday that would empower U.S. states to control drilling on federal lands.
Genel Energy Buys Large Exploration Stakes Offshore Malta, Morocco Πεμ, 23 Αυγούστου 2012 - 13:34 Genel Energy PLC (GENL.LN), an oil company, primarily focused on the Kurdistan region of Iraq, Thursday announced that it has expanded its exploration acreage after acquiring large stakes in two licenses, offshore Morocco and offshore Malta.
Korea Real Time: Iranian Crude Imports: Not Quite Zero Πεμ, 23 Αυγούστου 2012 - 13:33 Imports of Iranian crude oil to South Korea were suspended in July as a result of EU sanctions, which cut off insurance for tankers carrying Iranian crude.
Gas Price in Balkans Cheaper than Europe Πεμ, 23 Αυγούστου 2012 - 10:37 The natural gas prices in Balkan countries, including Turkey, is cheaper that the European average with even Bosnians, consumers of the most expensive gas in the region, pay less than EU’s 0.64 euros per cubic meter.
Saudi Oil Output At 10.1 Million B/D In June, Exceeding Russia Τετ, 22 Αυγούστου 2012 - 14:28 Oil production in Saudi Arabia, the world's largest crude exporter, rose to 10.103 million barrels a day in June, from 9.807 million barrels a day in May, overtaking Russia as the world's largest producer, official data showed.
Saudi Aramco To Soon Announce Gas Discoveries Τετ, 22 Αυγούστου 2012 - 14:27 State-owned Saudi Arabian Oil Co., or Aramco, will soon announce unconventional gas discoveries in the north and northwest of the kingdom, al-Riyadh newspaper reports Wednesday, citing the firm's chief executive.
Bulgaria to Have 200,000 Electric Vehicles by 2025 Τετ, 22 Αυγούστου 2012 - 11:24 At least 200,000 electric vehicles will hit Bulgaria's roads by 2025, the Sofia-based Electric Vehicles Industrial Cluster (EVIC) has forecast.
Bulgarian Power Distributors Incurring Losses over Green Energy Policy Τετ, 22 Αυγούστου 2012 - 11:23 A recent change in the tariff policy of Bulgaria's energy regulator spells more losses for the country's power distributors as the financial burden of the regulatory support scheme for green energy shifts away from power grid operator NEK.
U.S. Says Oil Firms Should Respect Baghdad Government Τρι, 21 Αυγούστου 2012 - 13:37 The U.S. said Monday that oil companies shouldn't bypass Iraq's central government after authorities in the autonomous Kurdish north signed dozens of deals with foreign energy firms.
China Fund Invests in US Gas Export Plant Τρι, 21 Αυγούστου 2012 - 13:36 China's sovereign wealth fund China Investment Corp. is a passive investor in Blackstone Group LP's (BX) $1.5 billion investment in Cheniere Energy Partners LP's (CQP) planned natural gas export facility, the Financial Times reported on its website Tuesday, without citing sources.
Japanese Solar Power Outlook Looks Bright but Wind May Not Fly Τρι, 21 Αυγούστου 2012 - 13:36 New minimum price rules for Japan's renewable energy sector will likely help solar power shine, but bird strikes and tough environmental assessment needs may make it tough for wind generation to take off.
Venezuela PdVSA Takes Steps to Speed Up Orinoco Development -Chavez Τρι, 21 Αυγούστου 2012 - 13:36 Venezuelan state oil company Petroleos de Venezuela, or PdVSA, Monday night signed accords with two other state companies intended to help speed up development of the country's Orinoco heavy oil belt and increase the country's oil production, Venezuelan President Hugo Chavez said in a televised address.