English Edition

Areva German Wind Prospect Could Boost Renewables Effort

Δευ, 28 Νοεμβρίου 2011 - 18:42

Areva SA (AREVA.FR) said Monday that it is in advanced talks to build around 120 wind turbines at two offshore wind farms in Germany, the latest evidence of the group's efforts to diversify away from nuclear technology.

Iran Minister Says Europe Has No Alternative To Iran Oil

Δευ, 28 Νοεμβρίου 2011 - 18:41

Iran's Oil Minister, Rostam Ghasemi, downplayed the threat of a European Union ban on oil imports from his country Monday, saying Europe has no alternative but to buy Iranian crude, according to Fars news agency.

Iraq-Shell Gas Project To Start Production In 2013

Παρ, 25 Νοεμβρίου 2011 - 19:13

A large gas project Iraq will sign with a consortium led by Royal Dutch Shell PLC (RDSA) on Sunday will start production in 2013, a senior Iraqi oil ministry official said Friday.

Gazprom Neft: Starts Drilling In Iraqi Badra Deposit

Παρ, 25 Νοεμβρίου 2011 - 19:13

Russia's OAO Gazprom Neft (SIBN.RS), the oil unit of state gas giant OAO Gazprom (GAZP.RS), said Friday it has started drilling the first appraisal well in the Iraqi Badra oil deposit, operated by the company.

Gazprom Pays $2.5 Bln For 50% Of Belarus Pipeline System

Παρ, 25 Νοεμβρίου 2011 - 19:13

Russian state gas producer OAO Gazprom (GAZP.RS) has agreed to pay Belarus $2.5 billion for a 50% stake in the country's pipeline operator Beltransgaz, taking full ownership of the company, the company said Friday.

Iran's Top Oil Official: World Needs Iran's Oil, Gas

Παρ, 25 Νοεμβρίου 2011 - 19:12

The head of Iran's national oil company warned Friday that world energy markets couldn't do without the country's oil and gas, after France Thursday reiterated a call to ban Tehran's crude from Europe.

Lukoil To Drill 2 To 4 Wells In Ghana Next Year

Παρ, 25 Νοεμβρίου 2011 - 19:12

Russia's biggest independent oil producer, OAO Lukoil Holdings (LKOH.RS), is keen to keep drilling off the coast of Ghana despite two dry wells this year, and plans to drill another two to four wells there in 2012, the company's Deputy Chief Executive Leonid Fedun said Friday.

EU Ban On Iran Oil Would Have Limited Effect -IEA

Παρ, 25 Νοεμβρίου 2011 - 19:11

If Europe were to decide to ban imports of crude oil from Iran, it would have a limited impact on the Iranian oil industry, says David Fyfe, head of oil markets at the International Energy Agency.

EU To Give Bulgaria Extra 185 Mln Euro for Shutting Down N-Plant Units

Παρ, 25 Νοεμβρίου 2011 - 16:11

The European Commission proposed on Thursday to provide a further 185 million euro ($247.7 million) in assistance to Bulgaria until 2020 to support the decommissioning of nuclear power plant Kozloduy's old reactors.

Four Big Investments Eyeing Fast Track Licensing

Παρ, 25 Νοεμβρίου 2011 - 16:11

Four major projects, running to a total cost of around 3.5 billion euros, are expected to pass the scrutiny of an interministerial committee for strategic investments within the next couple of weeks before it is decided whether they are eligible to enter the streamlined licensing system for investments known as Fast Track.

EU Takes Bulgaria to Court for Non-Compliance with Gas Market Rules

Παρ, 25 Νοεμβρίου 2011 - 14:57

The European Commission said on Thursday it will take Bulgaria and Romania to court over non-compliance with the EU gas market rules. "The European Commission considers that Bulgaria and Romania are still not fully in line with EU gas market rules and has therefore decided today to take these countries to the EU Court of Justice," it said in a statement.

Oil Exploration Facility Attacked In East Turkey - Minister

Πεμ, 24 Νοεμβρίου 2011 - 17:48

An oil research and exploration facility in the south east of Turkey was attacked by Kurdish militants, Turkey's Energy Minister Taner Yildiz said Thursday.

EU Offers New Funds To Shut Down Soviet-Era Reactors

Πεμ, 24 Νοεμβρίου 2011 - 17:47

The European Commission offered Thursday an additional EUR500 million in European Union aid for Bulgaria, Lithuania and Slovakia to put Soviet-era nuclear reactors out of service for good.