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Russia Urals February Exports Hit By Pipeline Maintenance -Transneft

Τετ, 1 Φεβρουαρίου 2012 - 18:38

Planned annual maintenance at the pipeline running into the Russian Baltic Sea port of Primorsk is a major reason for a fall in export volumes of Russian Urals crude in February, a spokesman for Russian state oil pipeline operator OAO Transneft (TRNFP.RS) said Wednesday.

EU: Italy, Poland, Slovakia Russian Gas Supplies 8%-10% Lower

Τετ, 1 Φεβρουαρίου 2012 - 18:37

Italy, Poland and Slovakia's natural gas supplies from Russia were between 8% and 10% lower than normal as of 1100 GMT Wednesday, but those countries were able to cover the missing supply by using stored gas or getting additional supplies from other sources, a spokeswoman for the European Commission said.

European Officials See OK Gas Supplies Despite Lower Gazprom Shipments

Τετ, 1 Φεβρουαρίου 2012 - 18:37

Officials from various corners of Europe acknowledged Wednesday that Russia had trimmed a fraction of its natural gas deliveries, but said they were confident that supplies would be sufficient to withstand the most intense run of cold weather thus far this winter.

Noble Considering to Build Natgas Terminal in Cyprus

Τετ, 1 Φεβρουαρίου 2012 - 17:01

Noble Energy is considering the option of building a terminal in Cyprus in order to provide natural gas for the domestic market and for exports, Vice President Noble Energy Terry Gerhart has said, noting that the estimation for 5 to 8 trillion cubic feet natural gas in Cyprus' block 12 is a very large accumulation of gas.

Arctic Cold Grips Bulgaria, Power Consumption Peaks to All-Time High

Τετ, 1 Φεβρουαρίου 2012 - 15:56

Bulgaria faced another day of record low temperature as arctic freeze gripped the country, pushing up power consumption to all-time highs.

Kuwait Current Oil Production 2.9 Mln B/D - Official

Τρι, 31 Ιανουαρίου 2012 - 19:00

Kuwait is currently producing 2.9 million barrels a day, the head of the state oil company said Tuesday.

Still Uncertainties Over Nuclear Costs In France - Report

Τρι, 31 Ιανουαρίου 2012 - 19:00

Many uncertainties remain over the costs faced by the nuclear industry in France, notably those related to the decommissioning of reactors and the treatment of nuclear waste, the French state audit office president Didier Migaud said in an interview with French daily Le Monde released Tuesday.

Kuwait Working On Contingency Plans For Hormuz Blockade

Τρι, 31 Ιανουαρίου 2012 - 18:59

Kuwait is looking at contingency plans in case the Strait of Hormuz was blocked, the head of the country's state oil company said Tuesday.

Russian Economy Grew By 4.3% In 2011, Rosstat Says

Τρι, 31 Ιανουαρίου 2012 - 18:58

Russia's gross domestic product grew by 4.3% in 2011, preliminary data from the Federal Statistics Service showed Tuesday, coming in slightly above an earlier forecast by Prime Minister Vladimir Putin.

Shell CEO Says Arctic Focus On Alaska, Greenland

Τρι, 31 Ιανουαρίου 2012 - 18:58

Royal Dutch Shell PLC's (RDSA.LN) plans to drill for oil and gas in the Arctic region will be centered on Alaska and Greenland, though the Anglo-Dutch major is also eyeing Russia's far north as an exploration frontier, said Chief Executive Peter Voser.