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IEA Ministerial 2013: Global Synergy for Tomorrow’s Energy

IEA Ministerial 2013: Global Synergy for Tomorrow’s Energy

Chaired by Turkish Minister of Energy and Natural Resources Taner Yildiz, the IEA Ministerial took place on 19-20 November in Paris, bringing together ministers and senior government officials from the 28 IEA member countries as well as Brazil, China, India, Indonesia, Mexico, Russia and South Africa. Also participating were ministers from the IEA accession nations of Chile and Estonia – the latter of which just cleared the last hurdle toward IEA membership – as well as more than 30 industry leaders from the IEA Energy Business Council, which is made up of top companies active in energy or closely related fields

IENE Acted as Adviser to Minister Yannis Maniatis at IEA’s Ministerial 2013

IENE Acted as Adviser to Minister Yannis Maniatis at IEA’s Ministerial 2013

Following an invitation by Greece’s Minister of Environment, Energy and Climate Change Mr. Yannis Maniatis, IENE’s Executive Director Mr. Costis Stambolis, joined the Greek delegation as an advisor at the recent IEA Ministerial 2013 conference held in Paris on November 19-20. Costis Stambolis assisted the Greek team with background research and expert analysis on a variety of issues which were discussed during this two day intensive top level gathering which was held at OECD headquarters in Paris

Turkey, Iraqi Kurds Make Progress on Oil Deal

Turkey, Iraqi Kurds Make Progress on Oil Deal

Turkey and the Kurdish Regional Government in northern Iraq are quickly forging ahead with a series of deals that would let the semiautonomous region start piping oil to world markets as soon as early next year. But the central government in Baghdad remains a major obstacle.

Iran Deal Stuck Over Uranium Enrichment

Iran Deal Stuck Over Uranium Enrichment

Iran's demand that the West recognize what it says is its right to enrich uranium has emerged as one of the final missing pieces in an interim nuclear agreement with global powers, according to Iranian, American and European officials.

Oil Pipeline Blast in Chinas Qingdao City Kills at Least 22

Oil Pipeline Blast in China's Qingdao City Kills at Least 22

An oil pipeline explosion near a petrochemicals plant Friday morning left at least 22 people dead in the eastern port city of Qingdao, according to local authorities and the official Xinhua news agency.

Statoil Delays Development of Bressay Oil Field

Statoil Delays Development of Bressay Oil Field

Global energy company Statoil ASA (STO) is to delay investment in the Bressay heavy-oil field in the U.K. sector of the North Sea, in a setback to its development plans.

Italy Announces EUR12B Privatization Plan

Italy Announces EUR12B Privatization Plan

Italy's government on Thursday approved plans to sell up to 12 billion euros ($16.13 billion) in business assets in a bid to overcome objections from Brussels and gain the right to make extra public investments in 2014.

IEA: Key Emerging Economies Announce Mutual Interest to Pursue Enhanced Co-operation

IEA: Key Emerging Economies Announce Mutual Interest to Pursue Enhanced Co-operation

The International Energy Agency and six "partner countries" – Brazil, China, India, Indonesia, Russia and South Africa – on Wednesday for the first time expressed their mutual interest in pursuing a stronger, more enhanced form of multilateral co-operation. The Joint Declaration on Association was issued at the end of the 2013 IEA Ministerial Meeting.

Novatek, Gazprom Neft Buy ENIs Share In SeverEnergia For $2.94B

Novatek, Gazprom Neft Buy ENI's Share In SeverEnergia For $2.94B

Russia's No. 2 natural gas producer OAO Novatek (NVTK.RS) and OAO Gazprom Neft (SIBN.RS), the oil arm of the gas giant OAO Gazprom (GAZP.RS) said Wednesday they are buying Italy's Eni SpA stake in gas producer SeverEnergia for $2.94 billion.

Libyas Mellitah Terminal Restarts Oil Exports

Libya's Mellitah Terminal Restarts Oil Exports

Libya's western Mellitah port has resumed oil exports for an Eni SpA (E) joint-venture after protests ended there, a government oil official said Wednesday.

Oliver Hits Back at EU over Oil Sands -- Globe & Mail

Oliver Hits Back at EU over Oil Sands -- Globe & Mail

Natural Resources Minister Joe Oliver said a move by the European Union to target the oil sands could have an indirect impact on the fate of the Keystone XL pipeline project because it would stigmatize Canadian oil.

U.S. Consumer Prices Fall 0.1% in October on Energy Costs

U.S. Consumer Prices Fall 0.1% in October on Energy Costs

U.S. consumer prices fell slightly in October, the latest soft inflation figure that could weigh on Federal Reserve officials as they consider scaling back their bond-buying program.