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Price of Natural Gas in Bulgaria to Soar by 25 per cent

Παρ, 2 Ιουλίου 2010 - 14:02

The price of natural gas, hot water, central heating and electricity in Bulgaria will increase from July 1. In the case of natural gas, prices will increase by as much as 25 per cent, following an earlier ruling from the state energy watchdog, Bulgarian media reported on July 1 2010.

Purvanov Visits Azerbaijan for Energy Discussions

Πεμ, 1 Ιουλίου 2010 - 19:33

Bulgarian President Georgi Purvanov has started a two-day visit to Azerbaijan during which he will discuss strategic energy projects with his opposite number, president Ilham Aliyev.

EU Energy Chief:Shale Gas Won't Replace Conventional Gas In EU

Πεμ, 1 Ιουλίου 2010 - 19:32

Shale gas won't replace conventional gas in Europe, but it will play a complementary role, the European commissioner for energy said Thursday.

Top UN Nuclear Watchdog Inspector Resigns - IAEA

Πεμ, 1 Ιουλίου 2010 - 19:32

The United Nations nuclear watchdog said Thursday its top investigator Olli Heinonen, head of the agency's long-running investigations into Iran and Syria, would step down next month for personal reasons.

Tullow:First Oil From Ghana Jubilee Field In Nov Or Dec

Πεμ, 1 Ιουλίου 2010 - 19:31

The first oil will be produced from Ghana's Jubilee field in November or December and output will reach 120,000 barrels a day within six months, field operator Tullow Oil PLC (TLW.LN) said Thursday.

BP: Production Back Online After Hurricane Alex

Πεμ, 1 Ιουλίου 2010 - 19:31

BP PLC (BP) said Thursday that production from its western operations in the Gulf of Mexico that had been shut in due to Hurricane Alex is back online.

French Ministry: Iran Taking Wrong Direction On Nuclear Drive

Πεμ, 1 Ιουλίου 2010 - 19:31

Iran's insistence that new United Nations sanctions won't affect its nuclear program show that Iran isn't "going in the right direction," the French foreign ministry said Thursday.

Turkey Talks To Oil Giants To Reduce Traffic Through Bosporus

Πεμ, 1 Ιουλίου 2010 - 19:30

Turkish officials held talks with oil companies Thursday on ways to reduce growing tanker traffic through the Turkish Straits and lessen the risks posed by congestion in the two waterways.

Bulgaria To Get Azeri Gas In 2011 Via Georgia, Turkey – Report

Τετ, 30 Ιουνίου 2010 - 18:24

Bulgaria is likely to receive its first gas supplies from Azerbaijan in 2011, Bulgarian news agency Novinite reports on its website Wednesday, citing the two countries' presidents.

Total Acquires 20% Interest In Brazilian Santos Basin License

Τετ, 30 Ιουνίου 2010 - 18:24

French oil giant Total SA (TOT) Wednesday said it is acquiring a 20% interest from Royal Dutch Shell PLC (RDSA.LN) in the BM-S-54 license in the Santos Basin, Brazil.

Shell S Iraq Gas Deal To Produce 2.5 BCF/Day-Official

Τετ, 30 Ιουνίου 2010 - 18:23

Iraq's draft deal with Royal Dutch Shell PLC (RDSA) to capture and exploit the huge volumes of gas flared from its giant southern oil fields is expected to produce 2.5 billion cubic feet a day, an Iraqi government spokesman said Wednesday.

Russia Recognizes Gas Debt, New Deal Soon - Belarus

Τετ, 30 Ιουνίου 2010 - 18:22

Belarus said on Wednesday that Russian gas giant OAO Gazprom (GAZP.RS) had admitted to owing it $32 million for transit of Russian gas to Europe, saying a new deal removing all sticking points would be signed this week.

Turkey To Up Power Transmission Capacity To Georgia-IHA

Τετ, 30 Ιουνίου 2010 - 18:22

Turkey plans to raise its power transmission capacity to Georgia by 1,000 megawatts from the current 100 MW, Turkish Energy Minister Taner Yildiz said Wednesday, the Ihlas News Agency, or IHA, reported.

Russia's TNK-BP Eyeing BP Assets Abroad

Τετ, 30 Ιουνίου 2010 - 18:21

Russian oil major TNK-BP Ltd.--jointly owned by BP PLC (BP) and a group of Russian businessmen--said Wednesday it would be interested in buying assets from its U.K. shareholder as a platform for international expansion.

Presentations from IENE's Greek-Bulgarian Cooperation in the Energy Sector

Τετ, 30 Ιουνίου 2010 - 14:13

Energia.gr provides you the opportunity to watch all the presentations from IENE's one day conference at Sofia, titled "Greek-Bulgarian Cooperation in the Energy Sector", that took place at the 29th of April, 2010.

Apocalypse in the Gulf: Could a Sinkhole Swallow the Deepwater Horizon Well -- And BP?

Τετ, 30 Ιουνίου 2010 - 13:08

BP has confirmed that the failed blowout preventer (BOP) on its Deepwater Horizon well in the Gulf of Mexico is tilting sideways at an acute angle 12 to 15 degrees from perpendicular. Geologists and petroleum engineers are now debating the worst case scenario: growing evidence that the Macondo discovery well’s casings beneath the ocean floor have been irreversibly damaged