English Edition

Iberdrola To Price EUR400M Tap Of 2016 Bond At Swaps +2.98

Τετ, 18 Ιανουαρίου 2012 - 18:42

Spanish utility Iberdrola (IBDRY) is to price a EUR400 million tap of its EUR600 million bond maturing January 2016, one of the banks running the deal said Wednesday.

Eni Says It Is Awarded New Barents Sea Exploration License

Τετ, 18 Ιανουαρίου 2012 - 18:41

Eni SpA (E), Italy's biggest energy company by market value, said Wednesday it was awarded a new exploration license in the Barents Sea by Norway, as it seeks to expand in the hydrocarbon-rich region.

Abu Dhabi, China Seek Improved Upstream Ties

Τετ, 18 Ιανουαρίου 2012 - 13:43

Abu Dhabi has signed an agreement with China to develop greater upstream co-operation during Chinese premier Wen Jiabao's visit to the Mideast Gulf producer.

Strike Costs Bulgaria's Maritsa East Mines up to 1.53 Mln Euro Daily

Τετ, 18 Ιανουαρίου 2012 - 12:35

Bulgaria's largest coal mining complex Maritsa East incurs daily losses of between 2.0 and 3.0 million levs ($1.3-1.96 million/1.02-1.53 million euro) from an ongoing workers' strike.

OIL FUTURES: Crude Above $100/Bbl On Brisk China 4Q Growth

Τρι, 17 Ιανουαρίου 2012 - 18:57

Oil futures jumped back above $100 a barrel Tuesday, lifted by better-than-expected economic growth in China that boosted expectations for higher crude demand.

IAEA Delegation To Visit Iran January 29-31: Iran Envoy

Τρι, 17 Ιανουαρίου 2012 - 18:56

A high-level IAEA delegation is to visit Iran January 29-31 to discuss issues it has over Tehran's nuclear program, Iran's envoy to the U.N. atomic watchdog said Tuesday according to the Fars news agency.

EU Policy Can Be Met With Nabucco Or Other Pipeline Options-Spokeswoman

Τρι, 17 Ιανουαρίου 2012 - 18:56

The European Union's aim of importing gas from the Caspian region to diversify its natural gas supplies can be met with the Nabucco pipeline or with other leading pipeline options, provided that they comply with two conditions, a spokeswoman for the EU said Tuesday.

Anadarko's Natural Gas Find Raises Hopes For Offshore Mozambique

Τρι, 17 Ιανουαρίου 2012 - 18:55

Anadarko Petroleum Corp. (APC) said Tuesday that it encountered a significant amount of natural gas at an appraisal well offshore Mozambique, helping confirm the value of previous discoveries.

Oil Price, Politics Risks For Russia Views - Fitch

Τρι, 17 Ιανουαρίου 2012 - 18:55

Credit rating company Fitch Ratings could carry through either positive or negative rating actions on Russia, depending on the political and economic developments there, Managing Director Edward Parker told Dow Jones Newswires Tuesday.

Norway Awards 60 New Oil Production Licenses

Τρι, 17 Ιανουαρίου 2012 - 18:55

Norway has awarded 60 new production licenses to 42 oil companies in the "biggest ever" award in so-called predefined areas, Energy Minister Ola Borten Moe said Tuesday.

China Moves Towards Outright Emissions Caps

Τρι, 17 Ιανουαρίου 2012 - 15:36

The Chinese government instructed seven of the country's local governments on 13 January to draft emissions control targets and allocation plans. The move indicates that China is beginning to embrace the concept of outright emissions targets, which it has historically avoided.

Turkey to Take Iranian Gas Price to Arbitration

Τρι, 17 Ιανουαρίου 2012 - 15:26

International arbitration over the price of Iranian natural gas is “inevitable” due to Tehran’s reluctance to provide a discount, Energy Minister Taner Yıldız said yesterday, just a day before Iran’s foreign minister comes to Turkey for economic cooperation talks.

Vestas Wind Exec: European Debt Crisis Seen Impacting Med Sales In 2012

Δευ, 16 Ιανουαρίου 2012 - 19:05

Vestas Wind Systems A/S (VWS.KO) expects southern Europe's sovereign debt crisis to continue to impact sales from the Mediterranean region this year and is banking on growth potential for wind power in the Middle East and North Africa to make up for muted sales from those markets in the coming few years, a senior executive said Monday.