English Edition

Grid Issues Second UK Gas Supply Balancing Alert

Πεμ, 7 Ιανουαρίου 2010 - 20:01

Freezing weather and record demand for U.K. natural gas has forced grid operator National Grid PLC (NGG) to issue a Gas Balancing Alert to the market via email Thursday, the second such alert this week.

OPEC Wont Act In March If Oil Below 100 dollars per Bbl

Τετ, 6 Ιανουαρίου 2010 - 17:15

Libya's top oil official said Wednesday the Organization of Petroleum Exporting Countries won't take action in their March meeting in Vienna if crude oil prices remain between $70-90 a barrel.

French Agency: Cold No Threat To French Power Supplies

Τετ, 6 Ιανουαρίου 2010 - 17:13

The current unseasonal cold weather in Northern Europe isn't a threat to French power supplies, Dominique Maillard, the head of France's electricity transport network RTE, said in an interview with French business daily La Tribune Wednesday.

Japan Project Aims To Turn Carbon Dioxide Into Natural Gas

Τετ, 6 Ιανουαρίου 2010 - 17:12

Japanese researchers Wednesday said they hoped to enlist bacteria in the fight against global warming to transform carbon dioxide buried under the seabed into natural gas.

Exxon, Qatar Petroleum To Develop Chemical Complex

Τετ, 6 Ιανουαρίου 2010 - 17:11

Exxon Mobil Corp. (XOM) has agreed with Qatar Petroleum (QP.YY) to develop a petrochemical complex fueled by a giant natural-gas field off Qatar's Persian Gulf coast.

PetroChina In Talks To Buy Valero's Aruba Refinery

Τετ, 6 Ιανουαρίου 2010 - 17:11

Valero Energy Corp. (VLO), the largest refiner in the U.S., is in negotiations with China oil giant PetroChina Co. Ltd. (PTR, 0857.HK) for the sale of its shuttered refinery on Aruba, Reuters reported Tuesday on its Web site.

Bulgaria Shuts Nuclear Reactor For Maintenance

Τρι, 5 Ιανουαρίου 2010 - 18:41

Bulgaria said Tuesday that it would close for maintenance one of the two 1,100 megawatt reactors at its sole nuclear power plant at Kozloduy on the Danube.

Iran Talks To Qatar Bank To Finance EUR400M Oil Dev

Τρι, 5 Ιανουαρίου 2010 - 18:36

The Iranian Offshore Oil Co. is in talks with the Qatar National Bank for a EUR400 million financing to develop the Esfandiar oil field, Iranian media reported Tuesday.

Polish Pipeline Operator Signs Deals To Ship Gas To Czech Rep

Τρι, 5 Ιανουαρίου 2010 - 18:32

Polish state-owned gas pipeline operator Gaz-System said Tuesday it signed three agreements for natural gas shipment using a pipeline between Poland and the Czech Republic.

Turkish PM To Visit Russia Next Week For Economic,Energy Talks

Τρι, 5 Ιανουαρίου 2010 - 18:31

Turkish Prime Minister Recep Tayyip Erdogan will fly to Russia next week for talks on boosting economic and energy cooperation, his press office said Tuesday.

Iran's President Ahmadinejad Hails New Turkmenistan Gas Link

Τρι, 5 Ιανουαρίου 2010 - 18:29

Iranian President Mahmoud Ahmadinejad on Tuesday hailed the launch of a gas pipeline link to Iran from its energy-rich neighbor Turkmenistan, while on a visit to the Central Asian state.

Russia's Gazprom Pumping More Gas To Poland

Τρι, 5 Ιανουαρίου 2010 - 18:22

Russia's Gazprom OAO (GAZP.RS) is pumping more natural gas to Poland even though an agreement last year to increase Russian gas supply hasn't come into force yet, the Rzeczpospolita daily reported Tuesday.

Iraq Seeks $10B From 93 Cos Over Oil-For-Food Affair

Τρι, 5 Ιανουαρίου 2010 - 18:20

The Iraqi government is seeking $10 billion in damages from 93 companies allegedly involved in the oil-for-food affair, including Chevron Corp. (CVX) and BNP Paribas SA (BNP.FR), French business daily Liberation reports Tuesday, citing lawyers and court documents.