English Edition

Nigeria Oil Production at All Time High

Παρ, 3 Αυγούστου 2012 - 17:57

Nigerian oil production hit its highest level ever this week, reaching 2.7 million barrels per day, the state oil firm said Friday, though hurdles remain to a sustained boost in production.

Exxon Mobil, Shell and Lukoil Bid for Ukraine Fields -Interfax

Παρ, 3 Αυγούστου 2012 - 17:57

Russia's OAO Lukoil Holdings (LKOH.RS) and a consortium led by Exxon Mobil Corp. (XOM) have submitted bids for an oil-and-gas field on Ukraine's Black Sea shelf, Interfax reported Friday.

Cnooc Ltd: Unit Signs Pact on Clean Energy Development

Παρ, 3 Αυγούστου 2012 - 17:56

Cnooc Ltd (CEO), China's largest offshore oil producer, said Friday its wholly owned unit signed an agreement with China United Coalbed Methane Corporation Ltd, or CUCBM, on exploration, development, production and sale of coalbed methane, a type of clean energy source.

Bulgaria-Turkey Talks About Gas Grid Interconnection

Παρ, 3 Αυγούστου 2012 - 13:12

Turkish Energy and Natural Resources Minister, Taner Yildiz, met Delyan Dobrev, Bulgaria's Minister of Energy, Economy and Tourism in Ankara on Wednesday.

German Solar Installations Rise in June

Παρ, 3 Αυγούστου 2012 - 13:07

Germany has around 1,790MW in new solar power capacity in June alone, as households and investors race to secure feed-in tariffs.

Russia Eyes Huge Hikes in Shelf Gas, Oil Production By 2030

Πεμ, 2 Αυγούστου 2012 - 18:05

Russia plans to massively increase its shelf gas and oil production by 2030, President Dmitry Medvedev said Thursday.

Rosneft Expects Return To Profit In 3Q

Πεμ, 2 Αυγούστου 2012 - 18:05

Russian state-controlled oil giant OAO Rosneft (ROSN.RS) sees a return to profit in the third quarter after an unexpected loss of RUB8 billion in the second quarter, the company's Vice President Dmitry Avdeyev said.

Iraq Slams Turkish FM Kirkuk Visit

Πεμ, 2 Αυγούστου 2012 - 18:05

The Iraqi foreign ministry Thursday sharply criticized a visit by Turkish Foreign Minister Ahmet Davutoglu to the disputed city of Kirkuk, saying it had not been informed of or approved the trip.

Kurdistan To Restart 100,000 B/D Oil Exports Aug 7-KRG Adviser

Πεμ, 2 Αυγούστου 2012 - 18:04

Iraq's semi-autonomous region of Kurdistan plans to restart 100,000 barrels a day of oil exports next week in a goodwill gesture aimed at breaking a deadlock with Baghdad over payment for previous exports, according to an advisor to the Kurdish minister of natural resources and letters sent to foreign companies working in the region.

GE to Bring Explosion-Hit Cyprus Plant Back Into Full Service by Year-End

Πεμ, 2 Αυγούστου 2012 - 16:45

General Electric (GE) aims to bring all four GE 6FA gas turbines at the 850-MW Vasilikos Power Station in Cyprus back into full operation before the end of the year. GE has already returned two turbines back to full service in June, after the power station had to be shut down July last year when it was hit by an explosion.

Bulgaria To Raise Capital of Burgas-Alexandroupolis Oil Pipeline Project Co

Πεμ, 2 Αυγούστου 2012 - 13:39

Bulgaria's government said it allocated 150,000 levs ($94,400/77,000 euro) from the state budget to raise the capital of the Burgas-Alexandroupolis Oil Pipeline Project Company in order to cover costs before withdrawing from the pipeline project.

German Demand For Wind Energy Up In First Half - VDMA

Τετ, 1 Αυγούστου 2012 - 17:39

Demand for wind energy in Germany has risen in the past half year, engineering federation VDMA said Wednesday.

Iraq Plans to Auction Nassiriya Oil Field This Year

Τετ, 1 Αυγούστου 2012 - 17:39

The Iraqi Oil Ministry has begun preparations for a new bidding round to award the massive Nassiriya oil field, a senior Iraqi oil official said Wednesday.