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Iraq May Oil Exports Down 5.4% On Month At 2.480 Million B/D -Oil Ministry

Iraq May Oil Exports Down 5.4% On Month At 2.480 Million B/D -Oil Ministry

Iraq's crude oil exports in May were down 5.4% to 2.480 million barrels a day, versus 2.622 million barrels a day in April due to bad weather in the southern oil terminals in the Gulf and acts of sabotage against the northern oil export pipeline to Turkey, the Iraqi oil ministry said in a statement Sunday.

Eni May Win EUR500M Nat Gas Savings -Mediobanca

Eni May Win EUR500M Nat Gas Savings -Mediobanca

Eni's (E) renegotiations over natural gas with its main suppliers may result in operating gains of more than EUR500 million this year, says Mediobanca.

Qatars Emir Poised to Transfer Power to Son

Qatar's Emir Poised to Transfer Power to Son

The emir of gas-rich Qatar, a major player on the world's diplomatic scene, is poised to announce his abdication in favor of his son or name him prime minister, officials and diplomats said Monday.

Iraq Northern Oil Exports On Hold Since Friday -Shippers

Iraq Northern Oil Exports On Hold Since Friday -Shippers

Exports of crude oil from northern Kirkuk oil fields have been on hold for the last three days due to an explosion at a key pipeline in Iraq, two Middle East shipping agents said Monday.

Eni CEO: Rosneft, Eni May Cooperate in Africa

Eni CEO: Rosneft, Eni May Cooperate in Africa

Russian oil major OAO Rosneft (ROSN.RS) and Eni SpA (E) are looking into opportunities to cooperate abroad and may work in Africa together, Eni Chief Executive Paolo Scaroni told Interfax on the sidelines of the St. Petersburg International Economic Forum Friday.

Enel Agrees to Sell Belgium Power Plant to Gazprom for EUR227 Mln

Enel Agrees to Sell Belgium Power Plant to Gazprom for EUR227 Mln

Enel SpA (ENEL.MI), Italy's biggest utility by market value, Friday said it signed a letter of intent to sell to OAO Gazprom (GAZP.RS) a Belgium power plant as part of its 6 billion euro ($7.92 billion) asset disposal program to slash debt.

Repsol Shareholders Push for Negotiated Solution With YPF

Repsol Shareholders Push for Negotiated Solution With YPF

The three largest shareholders of Spain's Repsol SA (REPYY, REP.MC) are pressing the oil company's chairman, Antonio Brufau, to resume negotiations with Argentina's YPF SA (YPF, YPFD.BA) after the South American government seized a controlling stake in YPF from Repsol last year, reports Expansion on its website Thursday.

Gazprom to Make Offer for Enels Belgium Plant

Gazprom to Make Offer for Enel's Belgium Plant

Russian gas giant OAO Gazprom (GAZP.RS) is likely to make a formal offer to buy a majority stake in a Belgian power plant held by Enel SpA (ENEL.MI), Italy's energy utility, according to Italian business tabloid, Milano Finanza, Thursday.

Gazprom, CNPC To Sign Long-Term Gas Contract By Year-End

Gazprom, CNPC To Sign Long-Term Gas Contract By Year-End

Russia's gas giant OAO Gazprom (GAZP.RS) and China National Petroleum Corp. (CNPC.YY) plan to sign a long-term contract to supply Russian gas to China by the end of the year, Gazprom said in a statement Wednesday.

Russia Sees No Drop in Oil Output in Medium Term

Russia Sees No Drop in Oil Output in Medium Term

Russian energy ministry sees no drop in oil output in the medium term, the country's energy minister Alexander Novak told reporters Wednesday, Interfax reported.