Shell and Petromanas Plan to Begin Exploration Work in Albania Παρ, 17 Φεβρουαρίου 2012 - 14:47 Albania's Prime Minister Sali Berisha received this week the executives of Petromanas Energy Inc. and Shell Oil Company, Petromanas' General Manager Glen McNamara and Shell's vice president for international strategy Marcus Antonini. Both companies exercise their activity in the field of oil and gas.
Bulgaria: Energy Law Passed First Reading in Energy Commission in Parliament Παρ, 17 Φεβρουαρίου 2012 - 14:46 The energy law transposing into national legislation Directives 2009/77/EC and 2009/73/EC was presented to MPs on February 15, 2012. Bulgaria’s power market opened to competition in theory in 2007 but only big industrial plants can currently choose their power distributor.
Libya's Production Of Crude And Condensates Tops 1.4M B/D-Oil Chief Πεμ, 16 Φεβρουαρίου 2012 - 18:52 Libya's production of crude and condensates has risen above 1.4 million barrels a day, the country's oil chief said Thursday, as a faster-than-expected recovery in the North African country brings much-needed relief to markets jittered by tensions with Iran.
Rwanda To Spend $1B On Geothermal Exploration By 2017 Πεμ, 16 Φεβρουαρίου 2012 - 18:52 Rwanda will invest about $1 billion in geothermal energy development in the next five years, The New Times newspaper reports Thursday, citing Stephen Alumasa, a consultant at the Energy Water and Sanitation Agency.
Wingas: Russian Gas Shipments Back To Normal As Of Thursday Πεμ, 16 Φεβρουαρίου 2012 - 18:51 Wingas GmbH--Germany's second largest importer of natural gas behind E.ON AG's (EOAN.XE) E.ON Ruhrgas--said Thursday gas shipments from Russia have returned to normal after a cold spell across Europe resulted in reduced deliveries as Russia struggled to meet increased demand.
Israeli PM, Cyprus President Talk On Energy Cooperation Πεμ, 16 Φεβρουαρίου 2012 - 18:51 Israeli Prime Minister Benjamin Netanyahu held talks in Nicosia Thursday with Cypriot leaders on energy cooperation and economic ties, during a landmark visit to the east Mediterranean island.
KIDSF Fund To Provide 110 Mln Euro for Energy Sector Projects in Bulgaria Πεμ, 16 Φεβρουαρίου 2012 - 14:06 Bulgaria's energy ministry said that funding applications can now be submitted for 110 million euro ($144.5 million) in grant financing that the Kozloduy International Decommissioning Support Fund (KIDSF) will disburse for energy sector projects.
Russian company Transneft Has Not Given Up on the Burgas-Alexandroupolis Oil Pipeline Project Πεμ, 16 Φεβρουαρίου 2012 - 14:06 Russian company Transneft has not given up on the Burgas-Alexandroupolis oil pipeline project, the company's Deputy President Mikhail Barkov has revealed.
Gazprom Remains Open To Setting Up Hungary Gas Storage Τετ, 15 Φεβρουαρίου 2012 - 19:04 Russian energy group OAO Gazprom (GAZP.RS) is still open to establishing natural gas storage capacities in Hungary, a company executive told business daily Vilaggazdasag Wednesday.
Eni Sees 10% E&P Growth In 2012 Net Of Production Sharing Deals Τετ, 15 Φεβρουαρίου 2012 - 19:04 Eni SpA (E), Italy's biggest oil-and-natural-gas company by market value, Wednesday said it expects exploration and production growth this year of about 10%, net of production sharing agreements, or PSAs.
Iran Adds 3,000 More Centrifuges To Nuclear Programme - Ahmadinejad Τετ, 15 Φεβρουαρίου 2012 - 19:04 Iran has added 3,000 more centrifuges to its uranium enrichment effort, President Mahmoud Ahmadinejad said Wednesday as he unveiled progress in his country's controversial nuclear program.
Iraq Sweetening New Energy Bid Round Terms - Official Τετ, 15 Φεβρουαρίου 2012 - 19:03 Iraq is sweetening the terms to be offered to international companies ahead of a new bidding round for 12 exploration blocks, a senior Oil Ministry official said Wednesday.
EU: Received Letter From Iran On Resuming Nuclear Talks Τετ, 15 Φεβρουαρίου 2012 - 19:03 The European Union confirmed Wednesday afternoon that Iran's chief nuclear negotiator had replied to the letter EU foreign policy chief Catherine Ashton sent him in October offering to re-open talks on Iran's nuclear program.
Bulgaria To Raise Natgas, Heating Prices as of Apr 1 Τετ, 15 Φεβρουαρίου 2012 - 17:43 Bulgaria will raise natural gas and heating prices as of April 1, the chairman of the country's energy regulator said without specifying the exact size of the increase.
Serbia Expects Normalisation of Energy Supplies on Monday Τετ, 15 Φεβρουαρίου 2012 - 13:37 Member of Serbia's Working group for monitoring the situation regarding the security of energy supply in the 2011/2012 heating season Petar Skundric said that normalisation of the situation in energy supplies is expected on Monday, and called on citizens to continue to save electricity.
Israeli Cos Likely to Bid in New Cypriot Gas Tenders Τετ, 15 Φεβρουαρίου 2012 - 13:35 Israeli companies will likely participate in the new Cypriot gas tenders. The Cypriot government has published tenders for 12 offshore blocks in its exclusive economic zone.