English Edition

IEA Head Says No Contact with U.S. Government Over Reserve Release

Δευ, 20 Αυγούστου 2012 - 13:51

The International Energy Agency hasn't been contacted by the U.S. government about a potential release of emergency oil stockpiles, and market fundamentals don't warrant a release, IEA Executive Director Maria Van Der Hoeven said Friday.

E.ON in Talks to Buy Stake in Turkey's Enerjisa From Verbund

Δευ, 20 Αυγούστου 2012 - 13:50

German utility E.ON AG (EOAN.XE) is in talks with Austria's Verbund AG (VER.VI) to buy a stake in Turkish electricity producer Enerjisa, Reuters reported Friday, citing four sources close to the deal.

RWE CEO Can't Rule Out Job Losses Over Next Decade

Δευ, 20 Αυγούστου 2012 - 13:50

The chief executive of German utility RWE AG (RWE.XE) can't rule out job cuts over the next 11 years due to the current economic turmoil, according to an interview to be published in Monday's edition of Handelsblatt.

Balance Shifts As Iraq Oil Output Surpasses Iran's

Δευ, 20 Αυγούστου 2012 - 13:50

Iraq has reclaimed its place as the second-largest oil producer in the Organization of Petroleum Exporting Countries, overtaking Iran for the first time in 24 years and shifting the balance of power in the group.

China NDRC: July Natural Gas Imports up 28.2% on Year

Δευ, 20 Αυγούστου 2012 - 13:49

China's imports of natural gas in July rose to 3.5 billion cubic meters, up 28.2% from a year earlier, the National Development and Reform Commission said Monday.

Chevron, Shell Swap Australian Natural Gas Assets

Δευ, 20 Αυγούστου 2012 - 13:49

Chevron Corp. (CVX) and Royal Dutch Shell PLC (RDSB) agreed Monday to swap stakes in two multibillion dollar natural gas projects in Australia, betting on the country's ability to feed Asia's growing energy demand just as competition from Africa and North America intensifies.

Nabucco Still in the Running for Azeri Pipeline -SOCAR exec

Δευ, 20 Αυγούστου 2012 - 11:37

The Nabucco project still has a chance of winning the contest to transport Azerbaijan gas to European countries, even after a rival consortium signed a funding deal, an executive of Azerbaijan's state oil firm said on Sunday.

Albania Will Sign TAP Gas Project Deal with Greece and Italy

Δευ, 20 Αυγούστου 2012 - 10:10

Albanian state news agency ATA reports Minister of Foreign Affairs, Edmond Panariti, as saying at a news conference that Albania, Italy and Greece will sign a high level accord to clearly demonstrate the political support for the Trans-Adriatic Pipeline (TAP) as a way to increase the chances for getting the building of the Southern Gas Corridor from the Azerbaijan's Shah Deniz gas fields approved.

Leviathan Partners in Talks with Foreign Gas Giants

Δευ, 20 Αυγούστου 2012 - 10:09

Delek Group Ltd's oil and gas exploration units Avner Oil and Gas LP and Delek Drilling LP reported progress in bringing in a new strategic partner to the Leviathan field, which they jointly own with Noble Energy Inc. and Ratio Oil Exploration (1992) LP.

Further Japan Reactor Restarts Unlikely In 2012

Παρ, 17 Αυγούστου 2012 - 14:04

A just-restarted reactor at a nuclear plant in Fukui Prefecture will likely be the last one in Japan to resume commercial operations this year, the Nikkei reported in its Friday morning edition.

North Korea Could Produce Dozens More Nuclear Weapons

Παρ, 17 Αυγούστου 2012 - 14:04

North Korea could build an arsenal of up to 48 nuclear weapons, several times more than it has now, if the communist state were able to step up its program unchecked, a U.S. think tank said Thursday.

Bulgaria Plans to Increase Excise Duty on Diesel in 2013

Παρ, 17 Αυγούστου 2012 - 10:47

Bulgaria's Finance Minister Simeon Djankov has explained that excise duty on diesel will increase from BGN 630 to BGN 645 per 1000 liters in 2013.

Saudi Arabia's Crude Supply Falls 5.5% to 9.741M B/D in July

Πεμ, 16 Αυγούστου 2012 - 14:04

Top oil exporter Saudi Arabia lowered its crude supply by 569,000 barrels per day to 9.741 million barrels per day in July from a month earlier, the Gulf Oil Review reported Wednesday.