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Gazprom Plans Sakhalin-1 Gas Supply Deal By May

Gazprom Plans Sakhalin-1 Gas Supply Deal By May

Russia's OAO Gazprom (GAZP.RS) plans to sign agreements on the purchase and sale of natural gas from the ExxonMobil-led (XOM) Sakhalin-1 energy project by May, the Interfax news agency reported Thursday.

Kazakh PM Orders Govt Co-Ownerhip Of Kazakhmys Power Plant

Kazakh PM Orders Govt Co-Ownerhip Of Kazakhmys Power Plant

Kazakh Prime Minister Karim Masimov Thursday told state holding company Samruk to hold talks with copper producer Kazakhmys PLC (KAZ.LN) to become a shareholder in a coal-fired power generator the company is buying from Arlington, Va.-based energy company AES Corp. (AES).

Govt Agrees To Restructure Rosnefts Yukos Debt

Govt Agrees To Restructure Rosneft's Yukos Debt

The Russian government agreed in January to restructure debts of state-owned oil company OAO Rosneft (ROSN.RS) relating to its purchase of a former OAO Yukos (YUKO.RS) asset, the Vedomosti business daily reported Thursday, citing unnamed sources.

Kazakh Oil, Gas Condensate Output To Rise To 70M Tons In 08

Kazakh Oil, Gas Condensate Output To Rise To 70M Tons In '08

Kazakhstan plans to produce 69 million to 70 million metric tons, or 1.4 million barrels a day, of oil and gas condensate in 2008, up from 67.5 million tons in 2007, the Kazakh energy and mineral resources minister said Thursday.

Alstom To Equip Two Areva EPR Reactors Sold To China

Alstom To Equip Two Areva EPR Reactors Sold To China

French engineering group Alstom SA (1022047.FR) has been chosen to equip the two European pressurized-water reactors (EPRs) sold by French nuclear giant Areva (CEI.FR) to China, French weekly magazines Challenges reports Thursday without citing sources.

DJ Hellenic Pete Cuts Output At Greece Elefsina Refinery

DJ Hellenic Pete Cuts Output At Greece Elefsina Refinery

Hellenic Petroleum SA (ELPE.AT) is reducing output from its 100,000-barrel-a-day Elefsina refinery in Greece due to poor refining margins, said a person at the company familiar with the situation Thursday.

Turkeys Alarko To Build 1260MW Coal Power Plant

Turkey's Alarko To Build 1260MW Coal Power Plant

Turkish construction and energy firm Alarko Holding (ALARK.IS) will build a 1260 megawatt coal-fired power plant near the northwestern Turkish city of Canakkale, general coordinator Ayhan Yavrucu said Wednesday, Ihlas news agency, or IHA, reported.

Iran Oil Min: Output At 4.184M B/D, Highest Since 1979

Iran Oil Min: Output At 4.184M B/D, Highest Since 1979

Iranian Oil Minister Gholam Hossein Nozari Wednesday said Iran's oil output hit a record 4.184 million barrels a day, the highest since the 1979 Islamic revolution, the official IRNA agency reported.

Polish PM To Offer Russia Nord Stream Alternatives

Polish PM To Offer Russia Nord Stream Alternatives

Polish Prime Minister Donald Tusk will Friday offer an alternative route to the OAO Gazprom-led (GAZP.RS) Nord Stream gas pipeline between Russia and Germany, but could also seek to join the project itself

Minor Oil Spill Occurs Offshore Abu Dhabi In Persian Gulf

Minor Oil Spill Occurs Offshore Abu Dhabi In Persian Gulf

Abu Dhabi crude oil production was not affected by a minor oil spill that occurred offshore the United Arab Emirates' largest emirate, Abu Dhabi, in the Persian Gulf, two days ago, Abu Dhabi National Oil Co., or Adnoc, said Wednesday.

Gazproms Chmn Asks For Chayandinskoye Decision In 1Q

Gazprom's Chmn Asks For Chayandinskoye Decision In 1Q

Russian Deputy Prime Minster Dmitry Medvedev Wednesday ordered his staff to speed up efforts to give natural gas monopoly OAO Gazprom (GAZP.RS) a license for the Chayandinskoye gas field in Yakutia, Interfax news agency reported.