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Iran Denies Helping Iraq Battle ISIS for Oil Refinery

Iran Denies Helping Iraq Battle ISIS for Oil Refinery

Τετ, 27 Μαΐου 2015 - 16:13

Iran denied allegations that Iranian forces were fighting in Iraq to regain control over the Beiji oil refinery. “We have sent no military forces to Iraq,” Iran’s deputy Foreign Minister Hossein Amir Abdollahian said on May 25 from Moscow.

Germany Unexpectedly 0ptimistic on Greece

Germany Unexpectedly 0ptimistic on Greece

Τρι, 26 Μαΐου 2015 - 18:28

European shares fell Tuesday as markets reopened after holidays in several countries, as concerns overGreece’sdebt crisis overshadowed news from China of support for new infrastructure projects.

UK Energy Firm Suspends Ukraine License to Drill

UK Energy Firm Suspends Ukraine License to Drill

Δευ, 25 Μαΐου 2015 - 19:27

UK - based energy firm JKX Energy, which is leading shale exploration and production in Ukraine, said it was granted more areas for work in the former Soviet republic, though the cost of business was still prohibitive to drilling.

Uzbekistan Energises Relations with EU

Uzbekistan Energises Relations with EU

Δευ, 25 Μαΐου 2015 - 14:56

Uzbekistan and the European Union are discussing the possibility of establishing energy alliances. The matter was discussed by Uzbek Foreign Minister Abdulaziz Kamilov and Marosh Shefchovich, the vice-president of the European Commission, on May 18.

Gazprom Neft Ups Production Thanks to Arctic Iraq

Gazprom Neft Ups Production Thanks to Arctic Iraq

Δευ, 25 Μαΐου 2015 - 14:56

Despite falling oil prices and Western sanctions against Russia over Ukraine, Gazprom Neft, the oil arm of the Russian gas monopoly, said on May 19 that crude oil production increased year-on-year, largely from the development of Arctic and Iraqi assets.

EU Backs Greek Energy Plans Investment Hopes

EU Backs Greek Energy Plans Investment Hopes

Πεμ, 21 Μαΐου 2015 - 19:44

EU Regional-policyCommissioner Corina Cretusaid she hoped that Greece would recover and enter a path of growth and development in order to create new opportunities and jobs, including in the energy sector.

Piraeus Bank Successfully Agrees Disposal of Stake in Piraeus Bank Egypt to ABK

Piraeus Bank Successfully Agrees Disposal of Stake in Piraeus Bank Egypt to ABK

Πεμ, 21 Μαΐου 2015 - 18:21

Piraeus Bank announces that it has entered into a definitive agreement with Al Ahli Bank of Kuwait K.S.C.P. (“ABK”) to dispose its stake (98.5%) in Piraeus Bank Egypt S.A.E. (“PBE”), its Egyptian subsidiary, subject to Central Bank of Egypt and other regulatory approvals in Egypt, Greece and Kuwait, including the Hellenic Financial Stability Fund.

Iran Eyes Foreign Cash if Sanctions are Lifted

Iran Eyes Foreign Cash if Sanctions are Lifted

Τετ, 20 Μαΐου 2015 - 18:13

Iran hasn’t been in contact with representatives in the US oil sector, said Mehdi Hosseni, the head of a contract revision committee in the Iranian Oil Ministry.