English Edition

Nabucco: Could Route N Iraq Gas Through Turkey To Europe

Τετ, 22 Φεβρουαρίου 2012 - 16:10

Nabucco consortium could turn its attention to routing natural gas from Northern Iraq to Europe, a spokesman for the pipeline project said Wednesday, pointing to the region's "huge potential" as a resource base. "Why shouldn't we pipe gas from Northern Iraq," said Christian Dolezal. The consortium still remains focused on its primary project of a major pipeline to carry Caspian natural gas to Europe, said Dolezal

IAEA Nuclear Inspector Says Reached Impasse With Iran

Τετ, 22 Φεβρουαρίου 2012 - 16:08

The chief United Nations nuclear inspector probing Iran's alleged atomic weapons drive said Wednesday negotiations have reached an impasse following a high-stakes two-day visit to the Islamic republic. "We tried to reach agreement on a way forward to resolve all the outstanding issues...We approached this trip in a constructive spirit. Unfortunately we could not get agreement," Herman Nackaerts told reporters at Vienna airport

Iran To Resume Crude Sales To France, UK If They Sign Deals

Τετ, 22 Φεβρουαρίου 2012 - 16:06

Iran is ready to restart exporting its oil to France and the UK if they sign long-term supply deals, and will also continue delivering crude to Italy's Eni SpA, Tehran's oil chief said Wednesday, as the country climbed down from threats that have pushed oil prices to a nine-month high

Shah Deniz Pipeline Decision To Come Middle 2013

Τετ, 22 Φεβρουαρίου 2012 - 16:00

A decision concerning which pipeline will receive gas from the Shah Deniz field will be made by the middle of 2013, Austrian oil and gas company OMV AG's Chief Executive Office Gerhard Roiss said Wednesday. "The consortium (developing the field) has told us that they will definitely decide by middle of 2013," said Roiss. Previously, a decision had been expected in 2012

ITGI: Greek, Italian Energy Ministries Reiterate Support

Τετ, 22 Φεβρουαρίου 2012 - 12:43

The energy ministries of Greece and Italy issued a joint statement reiterating their support for the Interconnector Turkey-Greece-Italy (ITGI) pipeline project.

Mongolia Seeks Tie-Ups With Japan In Nuclear Energy, Rare Earths -Kyodo

Τρι, 21 Φεβρουαρίου 2012 - 17:46

Mongolian Prime Minister Sukhbaataryn Batbold has called for boosting economic cooperation with Japan in the areas of nuclear energy and development of natural resources such as rare earth minerals, Kyodo News reported Tuesday.

Iraq To Approve New Saudi Ambassador For First Time Since 1990

Τρι, 21 Φεβρουαρίου 2012 - 17:46

Iraq will quickly approve the nomination of a non-resident Saudi ambassador, meaning the kingdom will have an ambassador to Iraq for the first time since 1990, the Iraqi premier's spokesman said Tuesday.

Shell Executive: Nigerian Crime Syndicates Stealing 150,000 Barrels Of Oil Daily

Τρι, 21 Φεβρουαρίου 2012 - 17:45

Organized crime syndicates in Nigeria are stealing about 150,000 barrels of oil daily from the maze of pipelines crisscrossing Africa's top oil producer, an executive with Royal Dutch Shell PLC (RDSA) said at a conference Tuesday.

Total: Finalizes Uganda Entry With Tullow, CNOOC

Τρι, 21 Φεβρουαρίου 2012 - 17:45

French oil-and-gas major Total SA (TOT) Tuesday confirmed the finalization of its farm-in with Tullow Oil PLC (TLW.LN) for an interest of 33.33%, covering EA-1 and EA-2 licenses, the new Kanywabata license and the Kingfisher production license in Uganda's Lake Albert region.

Petrofac Gets $329.7M Contract In Iraq's Badra Oil Field

Τρι, 21 Φεβρουαρίου 2012 - 17:44

Iraq and a consortium led by Russia's state oil producer OAO Gazprom Neft (SIBN.RS) have awarded a $329.758 million deal to U.K.-based oil and gas services company Petrofac Ltd. (PFC.LN) to develop the untapped Badra oil field, in eastern Iraq, an Iraqi government spokesman said Tuesday.