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Azerbaijan Refuses to Lower Gas Price for Turkey

Δευ, 23 Ιανουαρίου 2012 - 14:02

According to Turkish media, Azerbaijan, like earlier Iran, dismissed the proposal of the Turkish side to reduce gas prices.

Iran Sanction Bill Exempts BP Project

Δευ, 23 Ιανουαρίου 2012 - 14:01

British and European Union officials have convinced some U.S. lawmakers to ensure that any new sanctions against Iran exempt a BP PLC-led natural-gas project, as Western governments try to isolate Tehran without harming their own energy security.

Sinopec In Pact With Australia Pacific LNG For More LNG Supplies

Παρ, 20 Ιανουαρίου 2012 - 18:45

China Petrochemical Corp., known as Sinopec Group, said Friday that it has reached an agreement with Australia Pacific LNG Pty Ltd. to buy up to 7.6 million metric tons of liquefied natural gas a year, up from 4.3 million tons.

Gazprom To Start South Stream Construction In December 2012

Παρ, 20 Ιανουαρίου 2012 - 18:44

Russian state-controlled gas producer OAO Gazprom (GAZP.RS) will significantly speed up the South Stream gas pipeline to Europe and plans to begin construction in December this year, the company said Friday.

Gazprom Neft Consortium To Invest $531 Mln In Iraq's Badra Field In 2012

Παρ, 20 Ιανουαρίου 2012 - 18:44

A consortium led by Russian state-controlled oil major OAO Gazprom Neft (SIBN.RS) will spend $531 million this year to develop the Iraqi Badra oil deposit, the company said Friday.

Gazprom, Novatek Discuss Joint Yamal LNG Production

Παρ, 20 Ιανουαρίου 2012 - 18:44

Russia state gas giant OAO Gazprom (GAZP.RS) and top independent producer OAO Novatek (NVTK.RS) Friday discussed the possibility of joint projects to increase production of liquefied natural gas in the country's northern Yamal peninsula.

Vattenfall Mulls Constitutional Complaint Over German Nuclear Exit

Παρ, 20 Ιανουαρίου 2012 - 18:43

Vattenfall Group is seeking billions of euros in financial compensation from the German government over its accelerated exit from nuclear power generation, and is pursuing a double-tracked legal strategy, the company's head of energy production said in an interview with The Wall Street Journal Deutschland.

Shell To Spend Nearly C$1B On Oil Exploration Offshore Nova Scotia

Παρ, 20 Ιανουαρίου 2012 - 18:43

Royal Dutch Shell PLC (RDSA) said Friday it will spend nearly C$1 billion on deepwater oil exploration off the coast of Nova Scotia.

Cyprus, Israel may Ponder Linking Power Grids

Παρ, 20 Ιανουαρίου 2012 - 16:09

Israel and Cyprus may consider linking their power grids, according to the head of the Cyprus Energy Regulatory Authority.

Greeks Remains to Be Convinced on Iran Sanctions Package

Παρ, 20 Ιανουαρίου 2012 - 15:20

Resolution of Greek concerns remains the stumbling block to EU sanctions against the import of Iranian crude, commencing 1 July, being agreed by foreign ministers on 23 January.

Gas Use Breaks Record in Turkey

Πεμ, 19 Ιανουαρίου 2012 - 16:49

Due to the unseasonably chilly winter weather, Turkey broke a natural gas consumption record on Jan. 16, consuming 178 million cubic meters of natural gas.

Cyprus LNG and Possible Markets

Πεμ, 19 Ιανουαρίου 2012 - 12:11

Cyprus has natural gas that can export and together with Israel they reach a critical quantity that allows them to consider building a common LNG liquefaction plant. Taking the assumption that they would not choose the pipeline option, we will look the LNG alternative as of its economic feasibility.

Iraq To Up Export Capacity By 900,000 B/D In Few Days-Oil Minister

Τετ, 18 Ιανουαρίου 2012 - 18:43

Iraq will be able to raise its oil export capacity from southern terminals by 900,000 barrels a day when a new single point moorings, or SPM, is tested in a few days time, the country's oil minister said Wednesday.