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Russia's Putin: Marine Portion Of Nord Stream Almost Complete

Δευ, 4 Ιουνίου 2012 - 14:21

The marine portion of the Nord Stream pipeline, which will carry gas from Russia to northern Europe, is almost complete, Russian President Vladimir Putin said Monday.

Mitsubishi Heavy: Jordan Nuclear Project Still Alive

Δευ, 4 Ιουνίου 2012 - 14:21

Mitsubishi Heavy Industries Ltd. (7011.TO) believes Jordan still plans to build its first nuclear power plant in the near future, despite opposition in parliament based on fears of a major accident like the one in Fukushima last year, a company executive said Monday.

Petronas Gets Approval To Invest In Floating LNG Project

Δευ, 4 Ιουνίου 2012 - 14:21

Malaysian oil and gas company Petroliam Nasional Bhd., or Petronas, is pushing ahead with its floating liquefied natural gas facility project and will compete with Royal Dutch Shell PLC's (RDSA) proposed floating LNG plant to be the world's first of its kind.

Iran Wants Ceiling Unchanged at OPEC Meeting Amid Price Drop

Δευ, 4 Ιουνίου 2012 - 14:20

Iran said it will ask OPEC to keep its production ceiling unchanged at its June meeting, as the group's crude price fell to a level not seen since early 2011.

Delek Energy to Loan Subsidiaries $36 Million to Develop Gas Field

Δευ, 4 Ιουνίου 2012 - 14:20

Delek Energy Systems Ltd. (DLEN.TV) said Monday that it will loan its subsidiaries $36 million for the continued development of the Tamar natural gas field offshore from Israel.

Greek Power Regulator Warns of Energy Meltdown

Παρ, 1 Ιουνίου 2012 - 18:31

Greece's power regulator RAE will hold an emergency meeting next week to avert a collapse of the debt-stricken country's electricity and natural gas system, it said on Friday.

Pirates Attack Greek Oil Tanker Off Nigeria: IMB

Παρ, 1 Ιουνίου 2012 - 18:29

Pirates attacked a Greek-owned oil tanker off Nigeria Friday but failed to hijack the ship after the crew hid in a safe room, the International Maritime Bureau said.

Rosneft CEO Sechin: Never Considered Buying TNK-BP

Παρ, 1 Ιουνίου 2012 - 18:28

Russian state-owned oil champion Rosneft never considered buying BP PLC's (BP) assets in Russian venture TNK-BP (TNBP.RS), Rosneft's Chief Executive Igor Sechin said, Interfax reported Friday.

OPEC Sees No Need To Cut After Price Drops Below $100

Παρ, 1 Ιουνίου 2012 - 18:28

OPEC producers, including from the Gulf, said Friday they saw no immediate need to cut production despite oil prices dropping below $100 a barrel--the price the organization sees as ideal.

Brent Below $100/Bbl, Could Fall Another $25, Say Analysts

Παρ, 1 Ιουνίου 2012 - 18:27

Brent crude oil prices Friday dropped below the key $100 a barrel level and could fall by up to another $25 a barrel in the next few weeks if the sour sentiment in broader markets continues, analyst and brokers said.

Lukoil Neftochim Refinery will Build Hydrocracking Plant in Bulgaria

Παρ, 1 Ιουνίου 2012 - 16:25

The Lukoil Neftochim Refinery in Bulgaria's Burgas, a subsidiary of the Russian energy giant, and the Bulgarian government broke the ground of a USD 1,5 B hydrocracking catalyst installation that will process petroleum waste.

UK Interested in North Stream Gas - Putin

Παρ, 1 Ιουνίου 2012 - 16:24

Britain and the Scandinavian countries have expressed an interest in deliveries of Russian gas via the North Stream pipeline system in the Baltic, Russian President Vladimir Putin said on Friday during talks with Germany's Chancellor Angela Merkel.

BP May Sell its Stake in TNK-BP

Παρ, 1 Ιουνίου 2012 - 15:12

BP is looking to sell its stake in its UK-Russian joint venture TNK-BP after being approached by a potential buyer.