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Norway Launches 86 New Oil And Gas Exploration Areas

Παρ, 30 Μαρτίου 2012 - 17:26

Oil production is moving farther north, said Norway's Ministry of Petroleum and Energy Friday, as it announced a proposal for new production licenses in 86 blocks, 72 of them in the Barents Sea in northern Norway and 14 in the Norwegian Sea.

Greece's PPC Swings To Net Loss In 2011, Sees Risks Ahead

Παρ, 30 Μαρτίου 2012 - 17:25

Greek state-controlled utility Public Power Corp. SA (PPC.AT) Friday swung to a net loss in 2011 on slumping demand and increased competition from rival power producers eating into its market share.

Japan's Feb Fuel Oil Imports For Power Inch Up To 800,000 Tons

Παρ, 30 Μαρτίου 2012 - 17:25

Japan's February fuel oil imports for power generation rose 3.3% from January to about 800,000 metric tons, as peak winter season and lost nuclear power boosted domestic demand, government data showed Friday.

UK CO2 Emissions At Lowest Level In 40 years

Παρ, 30 Μαρτίου 2012 - 17:24

U.K. emissions of carbon dioxide fell to just 456 million metric tons last year, their lowest levels since records began more than 40 years ago, according to Department of Energy and Climate Change, reported the Financial Times Thursday.

Gazprom Shifts Gas Transit From Ukraine To Nord Stream, Belarus

Παρ, 30 Μαρτίου 2012 - 17:24

Russian state gas producer OAO Gazprom (GAZP.RS) has started redirecting natural gas volumes bound for Europe from Ukraine to alternative routes such as the Nord Stream pipeline and Belarus' pipeline system, the company said Friday.

Some 3% Of UK Gas Output Being Lost Because Of Elgin Leak

Παρ, 30 Μαρτίου 2012 - 17:23

Around 3% of the U.K. North Sea's gas output is being lost as a result of the continued shut-in of the Elgin field following a leak on a Total SA (TOT) platform, said U.K. Energy Minister Charles Hendry Friday.

Argus Launches Forward Price Assessments for Wholesale Electricity in Bulgaria and Greece

Παρ, 30 Μαρτίου 2012 - 13:59

Argus has become the first global energy price reporting organisation to provide forward price assessments for wholesale electricity in Bulgaria and Greece. The new weekly assessments are for physical month-ahead base-load power. They are published online and each Thursday in the daily Argus European Electricity report.

Mytilineos and Motor Oil to Hook Up for DEPA Bid

Πεμ, 29 Μαρτίου 2012 - 17:57

Mytilineos Holdings SA and Motor Oil Hellas SA will jointly express interest to acquire DEPA SA, Greece’s state-controlled natural gas supplier.

Bulgaria is Looking for Potential Investors in its Gas Turbine Power Plant

Πεμ, 29 Μαρτίου 2012 - 14:28

Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed.

Israel Could Export Natural Gas to Its Neighbors, Landau Says

Τετ, 28 Μαρτίου 2012 - 18:51

Israel could export recently discovered natural gas to Jordan and the Palestinian Territories, Israeli Energy Minister Uzi Landau said at a conference in Athens today.

Russia Deputy Energy Min: Oil To EU Likely To Rise After Iran Embargo

Τετ, 28 Μαρτίου 2012 - 18:50

Russian oil exports to the European Union are likely to increase, as the bloc goes ahead with an embargo on imports from Iran, Russia's Deputy Energy Minister Anatoly Yanovsky said Wednesday.

Cnooc 2011 Net Profit Rises 29% To CNY70.26 Bln

Τετ, 28 Μαρτίου 2012 - 18:49

Cnooc Ltd. (CEO), China's biggest offshore oil and gas producer by output, Wednesday reported a 29% increase in 2011 net profit because of higher oil prices, though it set a conservative production output target this year following the shutdown of its Bohai Bay oil field in northeast China in September.