English Edition

Glencore Signs Fuel Agreement with Libya

Τρι, 6 Σεπτεμβρίου 2011 - 16:02

Commodities trader Glencore has signed its first contract to deliver fuels to Libya’s interim council, industry sources said, in a further sign that rival Vitol is losing its position as top supplier to rebels that are now interim leaders.

Japan Nuclear Power Plants to Close

Τρι, 6 Σεπτεμβρίου 2011 - 14:26

Japan's trade minister has said all of the country's nuclear reactors will be shut down, following the recent nuclear crisis at Fukushima.

RWE Mulling Sale Of Stake In Uranium Enrichment Co

Δευ, 5 Σεπτεμβρίου 2011 - 15:36

German utility RWE AG (RWE.XE) is considering selling its stake in uranium enrichment company Urenco, which it owns jointly with E.ON AG (EOAN.XE) as well as the U.K. and Dutch governments, the Daily Telegraph reported at the weekend.

Russian Woes Are Credit Negative For BP -Moody's

Δευ, 5 Σεπτεμβρίου 2011 - 15:35

BP PLC's (BP) new Russian woes, including the loss of a major Arctic oil deal and a raid by Russian authorities on its premises last week, are "credit negative" for the company, said ratings agency Moody's Monday.

Lebanon Warns Israel Sea Border Threatens Peace

Δευ, 5 Σεπτεμβρίου 2011 - 15:35

Lebanon warned the United Nations on Monday that Israel's proposed sea border threatens peace and security, as tensions rise between the neighbors over offshore oil and gas reserves.

E.ON Considering Sale Of Gas Transmission Network

Δευ, 5 Σεπτεμβρίου 2011 - 15:34

German utility company E.ON (EOAN.XE) Monday confirmed it is considering selling its gas transmission network.

Drilling Halted In Israel's Leviathan Well On Technical Issues

Δευ, 5 Σεπτεμβρίου 2011 - 15:34

The Israeli partners in the offshore Leviathan natural gas field Monday said drilling in one of its wells has been halted due to technical problems.

Iran To Give IAEA Full Supervision If Sanctions Lifted

Δευ, 5 Σεπτεμβρίου 2011 - 15:34

Iran is ready to give the International Atomic Energy Agency "full supervision" of its nuclear program for five years if U.N. sanctions are lifted, its nuclear chief said in remarks published Monday.

Halliburton Accuses BP of Cover-up After Macondo

Δευ, 5 Σεπτεμβρίου 2011 - 12:43

Oil field services company Halliburton has accused BP of concealing crucial information about the cause of last year's disastrous Macondo well blowout “in hopes of covering up its own culpability.”

Libya Oilfield Restarts Next Week

Δευ, 5 Σεπτεμβρίου 2011 - 12:42

Libya's National Transitional Council expects to restart oil production at the Misla and Sarir oilfields early next week, the country’s new oil minister Ali Tarhouni has announced.

New International Committee of Qatar National Research Fund

Δευ, 5 Σεπτεμβρίου 2011 - 12:42

The Management of QNRF nominates Dr. Theodore Theodoropoulos, Greek national, as a Member of the HIC. Dr. Theodore is the Author ‘’The Secret World of Energy’’ and PF Executive in Qatar Petroleum (The State Oil & Gas Company). Qatar Foundation has recognized his contribution to energy education and knowledge for Qatar and GCC. Notice that Dr. Theodore’s book was the first ISBN code in Qatar.

Glencore Interested in the Privatization of Greece's Larko

Δευ, 5 Σεπτεμβρίου 2011 - 12:40

Glencore, the multinational mining and commodities trading company, has expressed interest in the privatization of Larko, an old ailing mining concern, and EYDAP, the Athens water supply company, according to sources reports Kathimerini.

Albania: CEZ Asks for 4.5% Increase of Electricity Price

Δευ, 5 Σεπτεμβρίου 2011 - 12:39

CEZ Distribution has filed a request with Albania’s Energy Regulatory Entity (ERE) for an increase by 4.5 percent of the price of electricity in Albania, local media reports. If the request is approved, households in Albania will pay on average 200 Leks more for their electricity bill.