English Edition

Iran President Ahmadinejad To Join OPEC Meeting

Τετ, 18 Μαΐου 2011 - 15:36

Iranian President Mahmoud Ahmadinejad will attend the next meeting of the Organization of Petroleum Exporting Countries, a top Iranian official was quoted as saying Wednesday, but officials on both sides said there had been no final confirmation.

Repsol: Three Bilbao Refinery Units Under Partial Maintenance

Τετ, 18 Μαΐου 2011 - 15:35

Spanish energy company Repsol YPF (REP) said its 220,000 barrel-a-day Bilbao refinery shut three of its units for planned maintenance at the start of this week.

Libya Rebel Spokesman: Finance Min, Not Ghanem, Would Be At OPEC

Τετ, 18 Μαΐου 2011 - 15:35

Libya's rebel National Transitional Council wants to send its finance minister to the next meeting of the Organization of Petroleum Exporting Countries and has ruled out oil official Shokri Ghanem, a spokesman for the NTC said Wednesday.

BP, Conoco Scrap $35 Billion Alaska Natural-Gas Pipeline

Τετ, 18 Μαΐου 2011 - 15:34

A BP PLC (BP, BP.LN) and ConocoPhillips (COP) joint venture said Tuesday that it is scrapping a $35 billion Alaska natural gas pipeline project because of weak customer demand and poor project economics.

CEZ To Price EUR500 Mln 5-Year Bond At Swaps +0.85

Τετ, 18 Μαΐου 2011 - 15:34

Czech power company CEZ AS will price its EUR500 million, five-year bond at 85 basis points over midswaps, one of the banks leading the deal said Wednesday.

Egypt Tells Jordan No Gas Without Price Increase

Τετ, 18 Μαΐου 2011 - 15:33

Egypt is withholding its contracted gas supply to energy-poor Jordan unless a new deal is signed at a higher price, a Jordanian official said Wednesday.

RWE To Get 20% Stake In New Dutch Nuclear Power Plant

Τρι, 17 Μαΐου 2011 - 17:30

German utility RWE AG (RWE.XE) could get a 20% stake in a planned Dutch nuclear power plant, Dutch public utility Delta said in a statement Tuesday.

Eni Farms In MEO Australia's Heron, Blackwood Gas Discoveries

Τρι, 17 Μαΐου 2011 - 17:29

Eni SpA (E), Italy's biggest energy company by market value, said Tuesday it signed an agreement with MEO Australia Ltd. (MEO.AU) to farm in to the Heron and Blackwood natural gas discoveries in Northern Australia.

Iran Denies Sharing Missile Know-how With North Korea

Τρι, 17 Μαΐου 2011 - 17:29

Iran's foreign ministry on Tuesday rejected a U.N. panel report alleging that it has been exchanging ballistic missile expertise and components with North Korea in violation of U.N. sanctions.

Gamesa Gets $2 Bln Order From Caparo In India

Τρι, 17 Μαΐου 2011 - 17:29

Gamesa Wind Turbines Pvt. Ltd., the Indian unit of Spain's Gamesa Corporacion Tecnologica SA (GCTAY), Tuesday received a $2 billion order from the local unit of Caparo Energy Ltd. (CNE.LN) to build 2,000 megawatts of wind power projects in the South Asian country.

Libya Rebel Fin Min: Trying To Unlock $1.15B Of Cash From UK

Τρι, 17 Μαΐου 2011 - 17:28

Libya's western allies are financially "strangling" the rebels due to the lack of progress in releasing funds to pro-democracy fighters trying to unlock up to $1.15 billion of cash in the U.K., the National Transitional Council finance and oil minister said Tuesday.

Japan LNG Imports Surge, Thwart Hope Of Lower Prices

Τρι, 17 Μαΐου 2011 - 17:28

Japan's imports of liquefied natural gas surged 23% in April compared with the same month in 2010, after the March earthquake and tsunami shut down several of the country's nuclear reactors, according to data published late Monday by ship tracking service Waterborne.

Turkeys Renewables Turn Foreign Investor Eyes to the Country

Τρι, 17 Μαΐου 2011 - 13:13

Turkey’s initiative to go ‘green’ in energy production turn foreign investor eyes to the country in a bid to partake in one of the fastest growing energy markets in the region. Two separate teams of US energy companies, one specifically focusing on renewables, is expected to visit the country in June and October, according to U.S. Embassy’s Commercial Counselor, Michael Lally.