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BP Wants Smaller Nabucco Option

BP Wants Smaller Nabucco Option

Παρ, 25 Μαΐου 2012 - 16:23

BP will not consider shipping gas from its Shah Deniz Stage 2 Gas field in Azerbaijan through the original plans of the Nabucco pipeline, forcing the EU-backed project to offer a smaller alternative.

Cyprus Can Become a Gas Storage Hub for the EU

Cyprus Can Become a Gas Storage Hub for the EU

Παρ, 25 Μαΐου 2012 - 14:19

The energy sector in Cyprus, in relation to both domestic and global developments, is at a critical juncture, Under Secretary to the President Titos Christofides said in a speech on behalf of President Demetris Christofias at the Energy Gas Storage Summit 2012 in Prague.

China Solar Companies Worry About Implications Of US Tariffs

China Solar Companies Worry About Implications Of US Tariffs

Πεμ, 24 Μαΐου 2012 - 17:05

Chinese solar companies on Thursday called for free trade and open competition in the global solar energy sector, saying U.S. antidumping tariffs would harm the sector's development and risked sparking a wider trade war in the sector.

Statoil Moves To Ship North Sea Oil To South Korea

Statoil Moves To Ship North Sea Oil To South Korea

Πεμ, 24 Μαΐου 2012 - 17:04

Statoil ASA (STO) is the latest company to look to send North Sea oil to South Korea in June as part of an increasingly common trade that until last year was virtually unheard of, ship brokers said Thursday.

EDF Completes Acquisition Of Edison

EDF Completes Acquisition Of Edison

Πεμ, 24 Μαΐου 2012 - 17:04

Electricite de France (EDF.FR) Thursday completed the acquisition of Edison SpA (EDN.MI), as it purchased shares from investment vehicle Delmi for EUR784 million.

Statoil Upgrades Brazil Pre-salt Discoveries To 1.24 Bln Barrels

Statoil Upgrades Brazil Pre-salt Discoveries To 1.24 Bln Barrels

Πεμ, 24 Μαΐου 2012 - 17:03

Statoil ASA (STO) said Thursday it and its partners had substantially upgraded estimates for the Brazilian Campos basin pre-salt oil and gas discoveries, to a total 1.24 billion barrels of oil equivalent, and the Norwegian oil giant said this also increased its optimism for its geologically similar acreage in Angola.

Gazprom May Review List Of Shtokman Participants In June

Gazprom May Review List Of Shtokman Participants In June

Τετ, 23 Μαΐου 2012 - 17:50

Russian gas giant OAO Gazprom (GAZP.RS) said Wednesday it may review the list of participants in its project to develop the Shtokman offshore gas field next month, the Prime news agency reports, citing a company official.

Nigeria Lost $4.3 Million To Oil Theft Over Last 2 Years

Nigeria Lost $4.3 Million To Oil Theft Over Last 2 Years

Τετ, 23 Μαΐου 2012 - 17:49

Nigeria has lost $4.3 million over the last two years as a result of oil theft in the Niger Delta, the Nigeria Extractive Industries Transparency Initiative said in a press statement published on its website last week.

Libyas Ex Oil-chief Ghanem Under International Warrant Days Before His Death

Libya's Ex Oil-chief Ghanem Under International Warrant Days Before His Death

Τετ, 23 Μαΐου 2012 - 17:48

Interpol issued an international request to arrest Libya's ex-oil minister Shokri Ghanem in connection with an anti-corruption investigation in his home country, days before his body was found in the River Danube in Vienna, according to a document issued by Interpol headquarters.