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Russia lays out view of Benefits of Interdependence on Energy Networks

Russia lays out view of Benefits of Interdependence on Energy Networks

Prime Minister Costas Karamanlis arrives in Moscow today for talks with President Vladimir Putin focusing on energy issues, particularly progress in the construction of the long-delayed Burgas-Alexandroupolis oil pipeline, and Greece’s participation in the South Stream natural gas pipeline, which is a joint Russian-Italian initiative.

Bombings, Threats Shake Algeria Energy Outlook

Bombings, Threats Shake Algeria Energy Outlook

IN AMENAS, Algeria -- Here in the Sahara, it isn't the sandstorms, swarms of locusts and 125-degree summers that bother Norwegian Sigbjorn Ohnstad. It is the kidnapping threats he can't stand.

Iran Says First Nuclear Fuel Arrives From Russia - AFP

Iran Says First Nuclear Fuel Arrives From Russia - AFP

TEHRAN (AFP)--The first consignment of nuclear fuel from Russia for Iran's first atomic power station has arrived in the country, the head of its atomic energy organization Gholam Reza Aghazadeh said Monday

Iran Needs 82 Tons Fuel For Nuclear Plants 1st Year - AFP

Iran Needs 82 Tons Fuel For Nuclear Plant's 1st Year - AFP

TEHRAN (AFP)--Iran requires 82 metric tons of nuclear fuel for the first year of operations at its first nuclear power station in the southern city of Bushehr, the ISNA news agency quoted an official as saying Monday.

Japans JBIC To Sign $3B Loan With Adnoc Within 2 Days

Japan's JBIC To Sign $3B Loan With Adnoc Within 2 Days

DUBAI (Zawya Dow Jones)--Japan will this week extend a $3 billion loan for energy projects in the United Arab Emirates to help secure long-term crude supplies, people familiar with the deal said Monday.

Greeces PPC Eyes EUR1.95B Investment In Renewables By 2014

Greece's PPC Eyes EUR1.95B Investment In Renewables By 2014

ATHENS (Dow Jones)--Greece's dominant electricity company, Public Power Corp. SA (PPC.AT), or PPC, said it will invest EUR1.95 billion in renewables between 2008 and 2014 to gain a 22% market share.

Iraq Complains Over Turkish Bombing Of Rebel Targets In Iraq

Iraq Complains Over Turkish Bombing Of Rebel Targets In Iraq

ANKARA (AP)--Iraq complained Monday that Turkey hadn't coordinated with Baghdad before sending dozens of warplanes to bomb Kurdish rebel targets in northern Iraq - the largest aerial attack in years against the outlawed separatist group.

OMV, NAFTA Launch Joint E&P Activities In Slovakia

OMV, NAFTA Launch Joint E&P Activities In Slovakia

FRANKFURT (Dow Jones)--Austrian oil and gas company OMV AG (OMV.VI) and the Slovakian peer NAFTA a.s. signed agreements on a long-term partnership, with the goal to jointly explore the Slovakian part of the Vienna basin, covering an exploration license area of approximately 1,400 square kilometers, OMV said Friday.

Hellenic Petroleum says CEO has resigned, been replaced

Hellenic Petroleum says CEO has resigned, been replaced

Greece’s largest refiner, Hellenic Petroleum (HELPE), announced early this week its chief executive officer Panos Cavoulacos resigned and was replaced by former Petrola CEO Ioannis Costopoulos.

Sinopec agrees to triple imports from Iran

Sinopec agrees to triple imports from Iran

China's top refiner Sinopec Corp will nearly triple its imports of Iranian crude next year, increasing Beijing's reliance on the OPEC producer that faces Western political pressure over its nuclear program.

Russian Nuclear Giant Eyes Entry To UK Market -Report

Russian Nuclear Giant Eyes Entry To UK Market -Report

LONDON (Dow Jones)--Russian nuclear energy giant Atomenergoprom is seeking partners with which it can build new nuclear power plants in the U.K., The Times of London reports Friday

Venezuela Would Support Brazils OPEC Membership

Venezuela Would Support Brazil's OPEC Membership

CARACAS (Dow Jones)--Venezuela plans to support Brazil's possible membership in the Organization of Petroleum Exporting Countries, Venezuela's oil minister said Thursday.

Brazil May Join OPEC In The Future - President Lula

Brazil May Join OPEC In The Future - President Lula

CARACAS (Dow Jones)--Brazilian President Luiz Inacio Lula da Silva said Thursday that his country was close to joining the Organization of Petroleum Exporting Countries and that it could become part of the organization in the next few years.