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BP CEO: In Talks with Rosneft on Russian Arctic Projects

BP CEO: In Talks with Rosneft on Russian Arctic Projects

BP PLC (BP), which is taking a near-20% stake in Russia's OAO Rosneft (ROSN.RS), is in talks with the state-controlled firm on joint offshore projects in the Arctic, BP Chief Executive Bob Dudley said Thursday in an interview with Rossiya-24 television channel.

Rosneft, Exxon Mobil Sign Important Deal - Sechin

Rosneft, Exxon Mobil Sign Important Deal - Sechin

Neftegaz America Shelf LP, an indirect independent subsidiary of Russian state oil company Rosneft, is acquiring 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by Exxon Mobil, under an agreement signed Wednesday, Rosneft's chief Igor Sechin told reporters.

After Chavez, a Question of His Countrys Oil

After Chavez, a Question of His Country's Oil

Some of the most significant ramifications of the death of Hugo Chavez for the U.S., both short-term and long-term, may have little to do with the late ruler's politics and more to do with his country's oil.

Eni To Stay In Venezuela Post Chavez –Bernstein

Eni To Stay In Venezuela Post Chavez –Bernstein

BernsteinResearch expects Eni (E) to continue operating in Venezuela following the death of President Hugo Chavez as the Latin American country requires its investment and expertise to tap into the vast hydrocarbon reserves.

EU Confirms Started Registering China Solar Panels, Components

EU Confirms Started Registering China Solar Panels, Components

The European Commission confirmed it had asked national authorities Tuesday to start registering Chinese solar panels and their main components but said this had no bearing on the anti-dumping investigation.

Saudi Aramco Lowers April OSPs to Mediterranean, Europe

Saudi Aramco Lowers April OSPs to Mediterranean, Europe

State-owned Saudi Arabian Oil Co., known as Aramco, cut the official selling price for its April crude oil term supply to northwest Europe and the Mediterranean, it said in an official notice Tuesday.

Iraq Feb Oil Exports Rose by 7.5% on Month to 2.536 Million B/D

Iraq Feb Oil Exports Rose by 7.5% on Month to 2.536 Million B/D

Iraq's crude oil exports in February rose by 7.5%, to 2.536 million barrels a day on month, compared with 2.359 million barrels a day in January, according to people familiar with the State Oil Marketing Organization, or SOMO.

BP CEO Dudley Named as Candidate for Rosneft Board by Russian Govt

BP CEO Dudley Named as Candidate for Rosneft Board by Russian Govt

BP PLC (BP) Chief Executive Bob Dudley has been named as a candidate for the board of directors of oil giant Rosneft (ROSN.RS) by the Russian government, and will vote on major company issues according to government directives if the nomination is confirmed by shareholders later in the year, a government spokeswoman said Monday.

Nabucco Gas Pipeline Project Signs Deal with Tanap

Nabucco Gas Pipeline Project Signs Deal with Tanap

The consortium planning the Nabucco pipeline said Monday it has signed an agreement with Tanap, the other planned pipeline, that would feed it with Caspian natural gas, in an effort to increase technical and strategic cooperation.

Obama To Announce Picks for EPA, Energy Dept.

Obama To Announce Picks for EPA, Energy Dept.

President Barack Obama is expected to announce Monday his picks to lead the Environmental Protection Agency and the Energy Department, selecting a veteran regulator and a noted academic to lead a pair of agencies responsible for driving U.S. energy policies.

Bulgaria: Electricity Prices to be Cut by Less than 8.0%

Bulgaria: Electricity Prices to be Cut by Less than 8.0%

Electricity prices in Bulgaria will be reduced by less than 8.0%, the head of the energy regulator, Yuliana Ivanova, told reporters.The exact date from which the price cut will become effective has not been determined yet, daily Dnevnik reported

Kremlin Plays Down Chance of Imminent Gas Deal with Ukraine

Kremlin Plays Down Chance of Imminent Gas Deal with Ukraine

The Kremlin Friday played down the chances of an imminent new gas deal with Ukraine after saying that Russian President Vladimir Putin will meet his Ukrainian counterpart Viktor Yanukovych in Moscow next week. A spokesman for Mr. Putin said there would be no deals to sign following Monday's meeting, that was originally planned for December. Those talks were cancelled at the last minute, with both sides saying they needed to finalize documents