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Iran Considers Halting Nuclear Expansion To Avert EU Oil Ban

Τετ, 25 Απριλίου 2012 - 18:36

Iran will weigh a Russian proposal calling for a halt to an expansion of the country's nuclear program as a way to avert fresh sanctions, one of its envoys said Wednesday, Bloomberg News reported on its website.

IEA Urges Ramp-up In CO2 Capture To Avert Temperature Rise

Τετ, 25 Απριλίου 2012 - 18:36

Clean energy technologies aren't being deployed fast enough, putting the world on track for a temperature increase of at least six degrees Celsius under current policies, the International Energy Agency said Wednesday.

Greek Regulator Asks Traders for Financial Guarantees

Τετ, 25 Απριλίου 2012 - 16:57

Greece's Regulatory Authority for Energy (RAE) has written to 30 supply and trading companies asking them to pay their undisclosed debts or risk having their licences revoked. The RAE has also asked the firms to submit financial guarantees to electricity market operator Lagie and grid operator Admie.

Rosneft Picks Italy’s Eni to Develop Offshore Deposits

Τετ, 25 Απριλίου 2012 - 16:11

Russian state-run oil major Rosneft has picked Italy’s Eni to jointly develop Black and Barents Sea offshore deposits, following a strategic partnership agreement signed by the companies on Wednesday.

Cnooc CEO Says Exploration Progress Supports Growth Targets

Τρι, 24 Απριλίου 2012 - 17:57

Cnooc Ltd. (CEO), China's third-largest oil company by assets, is aiming for compound annual production growth of 6% to 10% between 2011 to 2015, it said Tuesday.

RWE Discovers 4-13 Bln Cubic Meters Of Gas In Norwegian Sea

Τρι, 24 Απριλίου 2012 - 17:57

German utility RWA AG (RWE.XE) said Tuesday it has discovered an estimated 4 billion to 13 billion cubic metres of gas in the Norwegian Sea.

Iran's Shipping Giant To Boost Fleet Despite Sanctions

Τρι, 24 Απριλίου 2012 - 17:56

Iran's giant oil-tanker company NITC is set to boost its fleet with new large tankers by the end of next year, an Iranian official said Tuesday, as demand for its ships gets a boost despite sanctions against Tehran.

Saudi Arabia Fuel Oil Demand To Ramp Up -BarCap

Τρι, 24 Απριλίου 2012 - 17:56

Fuel oil prices are likely to rise in 2Q12 and into 2013 as an upswing in power generation in Saudi Arabia kicks in this summer.

CNPC Offers Help To South Sudan To Build Alternate Oil Pipeline

Τρι, 24 Απριλίου 2012 - 17:56

China has signaled an interest in a long-term role in South Sudan's oil sector, and has offered to help build an export pipeline and provide technical help once the crisis with neighboring Sudan eases, a South Sudanese official said Tuesday.

Russian Minister Says TNK-BP To Speed Pipeline Modernization

Τρι, 24 Απριλίου 2012 - 17:55

TNK-BP Holding (TNBP.RS) has promised the Russian government to speed modernization of its pipelines after the state's criticism of the company's ecological policy, Yury Trutnev, Russia's natural resources and environment minister, said Tuesday, Interfax reported.

Azerbaijani Minister Confident on Trans Anatolia Pipeline Deal

Τρι, 24 Απριλίου 2012 - 14:52

An agreement with Turkey on construction of the Trans-Anatolian gas pipeline is more or less ready for signing, Azerbaijan's energy minister has said.

Turkey May Purchase Natural Gas from Qatar

Δευ, 23 Απριλίου 2012 - 15:04

Turkey’s energy and natural resources minister said on April 21 that Turkey was willing to purchase natural gas from Qatar to meet its growing natural gas needs.

E.ON Eyes Link With Batista's Oil Group

Δευ, 23 Απριλίου 2012 - 14:57

Brazil's richest man, Eike Batista, is in talks with German utility E.ON AG (EOAN.XE) over the creation of a joint venture to exploit Brazil's oil and gas reserves, the Financial Times reported on its website Sunday.

China Approves First Phase Of $9.21 Bln Refinery By CNPC, Petroleos De Venezuela

Δευ, 23 Απριλίου 2012 - 14:56

China's State Council, or cabinet, has formally approved the initial phase of construction on a CNY58 billion ($9.21 billion) refinery project by China National Petroleum Corp. and Petroleos de Venezuela SA, a person familiar with the situation said Monday.

Mediterranean Oil & Gas Makes Solid Start To 2012, Plans To Repay Debt

Δευ, 23 Απριλίου 2012 - 14:56

Mediterranean Oil & Gas PLC (MOG.LN), a central Mediterranean producer, developer and explorer of oil and gas assets, said Monday it has made a solid start to 2012 having delivered reliable cash flow from its producing assets in Italy, and acquiring the seismic data required to evaluate prospective resources offshore Malta.

Iran Oil Ministry Under Cyber Attack

Δευ, 23 Απριλίου 2012 - 14:55

Iran's oil ministry and its affiliates have come under a "cyber attack" and a specialized team has been assembled to confront it, Iranian media reported Monday.