English Edition

Saipem Chosen To Build Iraq Crude Export Facility

Πεμ, 18 Αυγούστου 2011 - 17:36

The Iraqi Oil Ministry has chosen Italy's Saipem SpA (SPM.MI) to build an oil measuring and control platform at the country's major export terminals in Basra, people within the Iraqi oil industry said Thursday.

Noble Energy To Pay $3.4B To Develop Marcellus Shale With Consol

Πεμ, 18 Αυγούστου 2011 - 17:36

Noble Energy Inc. (NBL) and Consol Energy Inc. (CNX) agreed to jointly develop Consol's interest in the Marcellus Shale under a deal that will see Noble pay about $3.4 billion for a 50% stake in Consol's interest.

Fukushima Tests: Children Exposed To Radiation

Πεμ, 18 Αυγούστου 2011 - 17:36

Nearly half the children surveyed in three towns near the stricken Fukushima Daiichi nuclear plant received low-grade internal exposure to radiation during the early days of the accident there, the government said Thursday, fueling concerns about long-term health effects on local residents.

BP Reports Oil Sheen In Gulf Of Mexico

Πεμ, 18 Αυγούστου 2011 - 17:35

An "unknown" oil sheen covering an estimated 10,000 square yards was spotted Wednesday in the Gulf of Mexico near BP PLC's (BP) Marlin oil platform, according to a government document made public Thursday.

NEK Rejects Russian Roadmap for Belene NPP

Πεμ, 18 Αυγούστου 2011 - 13:18

Bulgaria's National Electric Company NEK has responded to Russia's Atomstroyexport that the roadmap the Russians proposed for the troubled Belene nuclear plant project cannot be accepted as a legally binding document, Novinite.com reports.

TAP Gas Project Strengthens Position in Greece

Πεμ, 18 Αυγούστου 2011 - 13:17

The Trans-Adriatic Pipeline (TAP) remains firmly committed to the planned gas project in Greece, which will bring in excess of €1 billion of foreign direct investment to the country, the consortium said on 17 August.

Tamar Partners Raise Estimate of Gas Reserves

Πεμ, 18 Αυγούστου 2011 - 13:15

The Tamar license partners have received a revised estimate of natural gas reserves in the reservoir of 9.44 trillion cubic feet (best estimate) from Netherland, Sewell & Associates, Inc. (NSAI). The previous best estimate was 8.6 trillion cubic feet of gas.

Over-Reaction to BP Gulf Spill Costing U.S. Jobs

Τετ, 17 Αυγούστου 2011 - 14:09

U.S. oil regulators may have swung from gung-ho to too cautious. Painfully slow drilling approvals mean America could be missing out on 230,000 jobs — and tax revenue, too. Safety matters. But with unemployment and the deficit top national concerns, red tape should be kept in check.

Kogas To Sign Long-Term Contracts For 5.64 Mln Tons/Year LNG Imports

Τετ, 17 Αυγούστου 2011 - 14:07

South Korea's Korea Gas Corp. (036460.SE) will sign long-term contracts in September to buy a total of 5.64 million metric tons of liquefied natural gas a year from Royal Dutch Shell PLC (RDSA) and Total SA (TOT), the Ministry of Knowledge Economy said Wednesday.

Vestas Wind Systems' Net Profit Beats Expectations

Τετ, 17 Αυγούστου 2011 - 14:07

Danish wind turbines maker Vestas Wind Systems (VWS.KO) Wednesday posted a second-quarter net profit above expectations and said it is sticking to its full-year guidance.

China Coal Expects Coal Output To Reach 200 Mln Tons/Year In 2015

Τετ, 17 Αυγούστου 2011 - 14:07

China Coal Energy Co. (1898.HK), the country's second-largest coal producer by revenue, said Wednesday that it aims to boost its coal output to 200 million metric tons a year in 2015.

Vestas CEO Says Market Activity Back At Normal Level

Τετ, 17 Αυγούστου 2011 - 14:06

Danish wind turbine company Vestas Wind Systems AS (VWS.KO) is well-positioned to take advantage of a return to more stable market conditions, its chief executive said Wednesday, as measures it has taken to counter the difficult business climate bear fruit.

North Korea Vows To Bolster Nuclear Deterrent

Τετ, 17 Αυγούστου 2011 - 14:05

North Korea vowed Wednesday to bolster its nuclear deterrent, describing an exercise by U.S. and South Korean forces as preparation for a "war of aggression" against the communist state.