English Edition

Iran Receives Final Load Of Russian Uranium For Nuclear Plant

Iran Receives Final Load Of Russian Uranium For Nuclear Plant

Iran received the final shipment of uranium fuel from Russia on Monday for its first nuclear plant, state media reported, a key step toward the launch of the reactor's operations expected later this year.

France,Germany To Unveil Alternative To EU Energy Measures-FT

France,Germany To Unveil Alternative To EU Energy Measures-FT

France and Germany will unveil this week a third alternative to the European Commission's energy unbundling measures that would prevent the forced breakup of their power companies, The Financial Times reports.

StatoilHydro: North Sea Fields Back To Normal After Storms

StatoilHydro: North Sea Fields Back To Normal After Storms

A range of StatoilHydro's ASA (STO) Norwegian North Sea fields were back in action Monday after partial de-manning and a production outage imposed ahead of stormy weather over the weekend.

ENKA And KEPCO To Cooperate On Nuclear Plant In Turkey - IHA

ENKA And KEPCO To Cooperate On Nuclear Plant In Turkey - IHA

Turkish construction firm ENKA Insaat (ENKAI.IS) said Monday it has signed a preliminary agreement with Korea Electric Power Corp. (KEP) to cooperate on a nuclear energy project in Turkey, Ihlas news agency, or IHA, reported.

Edison, DEPA Set up JV for ITGI Pipeline

Edison, DEPA Set up JV for ITGI Pipeline

Italian energy group Edison and Greek natural gas firm DEPA will set up a joint venture to develop a new pipeline to bring 8 billion cubic meters of gas from Azerbaijan to Italy, Edison said yesterday.

Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq Stops 100,000 B/D Oil Exports To South Korea - Official

Iraq has suspended crude oil exports to South Korea because Korean companies haven't yet abandoned a deal signed with the Kurdistan regional government to explore disputed oil fields, a senior Iraqi oil official said Monday.

Rosneft, Gazprom Neft Choose Tomsknefts Executives-Vedomosti

Rosneft, Gazprom Neft Choose Tomskneft's Executives-Vedomosti

Vladimir Paltsev will remain the chief executive of Russian Tomskneft, a subsidiary of the state-controlled oil major Rosneft (ROSN.RS), jointly owned with the energy giant Gazprom's (GAZP.RS) oil unit Gazprom Neft (SIBN.RS), the daily Vedomosti reported Monday, citing unnamed sources close to Tomskneft.

Russia Wins Pipeline War in Serbia Pact

Russia Wins Pipeline War in Serbia Pact

Russia won the right yesterday to route a major gas supply route to Europe through its ally Serbia, a move analysts described as marking a Kremlin victory in a “pipeline war” with the European Union.

Gas OPEC To Be Discussed Again In June - AFP

Gas OPEC To Be Discussed Again In June - AFP

Gas-producing countries will discuss the idea of forming a "gas OPEC" along the lines of the Organization of Petroleum Exporting Countries in Moscow in June, Qatar's energy minister said riday.

Putin Hosts Serbian Leaders For Signing Of Major Gas Deal

Putin Hosts Serbian Leaders For Signing Of Major Gas Deal

Russian President Vladimir Putin Friday hosted Serbian leaders in Moscow for the signing of a multibillion-dollar energy deal that would make Serbia a key hub for Russian energy supplies.

StatoilHydro: Oseberg South Field Shutting In On Storms

StatoilHydro: Oseberg South Field Shutting In On Storms

StatoilHydro ASA (STO) said it began a shutdown at its Oseberg South field Friday morning as a result of storms in the area, but expects the worst weather to pass over during the afternoon and may start the field back up in the evening.

EU Paper Indus: Needs More CO2 Trade Clarity,Auction Concerns

EU Paper Indus: Needs More CO2 Trade Clarity,Auction Concerns

The Confederation of European Paper Industries Thursday called for more clarity from the European Commission over plans for the European Union Emissions Trading Scheme post 2013 and said that the introduction of large-scale auctioning was a cause for concern.

DAVOS: OPEC Unsure More Oil Would Ease Prices - Qatar Oil Min

DAVOS: OPEC Unsure More Oil Would Ease Prices - Qatar Oil Min

Oil ministers from the Organization of Petroleum Exporting Countries are concerned by fears of global recession but aren't convinced that pumping more crude will alleviate high prices, Qatar's oil minister told Dow Jones Friday.