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Iraq Seeks Foreign Firms for New Iraq-Turkey Oil Pipeline

Τρι, 6 Αυγούστου 2013 - 12:32

Iraq has invited international companies to build part of a new oil export pipeline linking the country's northern Kirkuk fields to Turkey, an oil ministry spokesman said on Monday. The stretch of pipeline through Iraqi territory will act as a back-up to an existing pipeline that has suffered repeated bomb attacks and technical faults, said Oil Ministry spokesman Asim Jihad.

Saudi Electric Co. Signs with Hyundai for $3.2 Billion Power Plant

Δευ, 5 Αυγούστου 2013 - 17:53

Saudi Electricity Co. (5110.SA) has signed a contract with South Korea's Hyundai for a $3.2 billion thermal power plant, the Saudi utility said Sunday.

GDF Suez Sells 50% Of Portugal Thermal, Renewable To Marubeni

Δευ, 5 Αυγούστου 2013 - 17:53

French power group GDF Suez SA (GSZ.FR) Monday said it sold half of its thermal and renewable power generation assets in Portugal to Japan's Marubeni Corp. (8002.TO) for an undisclosed amount, helping though cutting its net financial debt by 600 million euros ($797 million) as of the closing of the deal.

Over 99% of SolarWorld 2016 Bondholders Favor Restructuring Plan

Δευ, 5 Αυγούστου 2013 - 17:53

Nearly 100% of bondholders voted in favor of a proposed restructuring plan for Solarworld AG (SWV.XE) at a bondholders' meeting Monday, the company said, confirming information attained by Dow Jones Newswires from a person attending the meeting.

EU Calls For Rapid Progress On Iran Nuclear Issue

Δευ, 5 Αυγούστου 2013 - 17:52

The European Union urged Iran's new president Monday to make "rapid progress" towards resolving concerns over the country's disputed nuclear program after he struck an apparently more conciliatory stance.

Total Mulls Moving Treasury, Financial Communications Services to London

Δευ, 5 Αυγούστου 2013 - 17:52

Total SA (TOT) is considering moving its corporate treasury and financial communications services from Paris to London, the French oil major said Monday, adding the move would have nothing to do with the current level of taxes in France.

Croatia's INA, Serbia's NIS, Statoil, Total, ExxonMobil in Frame for Hydrocarbon Tender in Montenegro

Δευ, 5 Αυγούστου 2013 - 14:14

Croatian oil and gas company INA and Serbian peer NIS are among the 19 companies that have visited the data room set up for an ongoing offshore hydrocarbons tender in Montenegro, data of the Montenegrin economy ministry showed.

Natural Gas Edges Higher, Still at Depressed Levels

Παρ, 2 Αυγούστου 2013 - 20:11

Natural-gas futures ticked higher Friday, as traders covered bets on lower prices a day after a bigger-than-expected increase in domestic-gas inventories. Natural gas for September delivery rose 0.8 cent, or 0.3%, to recently trade at $3.395 a million British thermal units on the New York Mercantile Exchange.

Iran s Rowhani Misquoted on Israeli «Wound»

Παρ, 2 Αυγούστου 2013 - 20:06

Iran's president-elect Hassan Rowhani was misquoted on Friday by state media as saying arch-foe Israel was a "wound...that must be cleansed," state television video footage showed. The cleric, flanked by his bodyguards was shown marching in Tehran alongside thousands of people in support of the Palestinian cause and condemnation of Israel, marking Iran's annual Quds (Jerusalem) Day

Iraq's Key Domestic Gas Pipeline on Fire Following Blast - Ministry

Παρ, 2 Αυγούστου 2013 - 20:04

A key Iraqi gas pipeline carrying gas from Iraq's northern oil fields to power stations was on fire Friday following an explosion, the Iraqi oil ministry said. The ministry gave no reason for the causes of the blast but said its teams are investigating the incident that took place early Friday

Rompetrol's Rominserv Inks $1B Deal To Upgrade Kazakh Pavlodar Refinery

Πεμ, 1 Αυγούστου 2013 - 19:29

Rominserv Valves Iaifo Zalau, the general contractor of Romania's second-largest oil group Rompetrol, was awarded a $1.07 billion contract to modernize and upgrade the Pavlodar refinery in Kazakhstan, Rompetrol said in a statement Thursday, news agency Mediafax reports

Eni Says Kashagan Field to Start Output by End of September

Πεμ, 1 Αυγούστου 2013 - 19:29

Eni SpA (E) said it expected the Kashagan field in Kazakhstan to start output by the end of the September with a daily output of 75,000 barrels of oil, a top official of the Italian energy company said Thursday

Cyprus National Hydrocarbons Company Vice President Solon Kasinis Ηas Ρesigned

Πεμ, 1 Αυγούστου 2013 - 16:36

Cyprus’ National Hydrocarbons Company (KRETYK) Vice President Solon Kasinis has resigned, He met Wednesday with the President of the Republic Nicos Anastasiades to whom he explained the reasons that led him to his decision to resign his position. In statements to CNA, Kasinis said that he had a frank conversation with the President, which lasted about 50 minutes