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Iranians Stage New Anti-British Rally

Iranians Stage New Anti-British Rally

Iranians in Tehran staged a fresh anti-British demonstration Friday in support of the storming of Britain's diplomatic compounds earlier this week, the official IRNA news agency reported.

Energy Charter Appoints New Secretary General

Energy Charter Appoints New Secretary General

The Energy Charter Conference has appointed Ambassador Urban Rusnak from the Slovak Republic as the new Secretary General of the Energy Charter Secretariat. The decision was taken by the member states of the Energy Charter Conference at its 22nd Meeting in Sofia, Bulgaria,on 29 November 2011.

EU Hits Syrian Oil Trio

EU Hits Syrian Oil Trio

Syria has been hit by further sanctions as the European Union slaps measures on a three oil companies. The measures are due to ongoing political and social upheaval in the Middle Eastern oil-producing country which has led international governments to heap pressure on the regime of President Bashar al-Assad.

Goldman Sachs Sees 2013 Brent Oil At $130/Bbl, 2012 Unchanged

Goldman Sachs Sees 2013 Brent Oil At $130/Bbl, 2012 Unchanged

Goldman Sachs is forecasting a 2013 average Brent crude oil price of $130 a barrel despite the poor economic outlook, as oil prices will need to continue rising in order to slow demand growth, the bank said in a note released Thursday.

Saudi Arabia May Try To Tap Green Climate Fund, Wont Pay In

Saudi Arabia May Try To Tap Green Climate Fund, Won't Pay In

Saudi Arabia will not pay into a $100 billion climate fund under discussion at the U.N.-sponsored climate change talks, but it could seek access to the funding in the future to help its economy adapt to policies that might dent oil demand, the country's chief negotiator for climate change said Thursday.

Gazprom Sees Annual Dividends RUB200B 2012-14

Gazprom Sees Annual Dividends RUB200B 2012-14

Russian gas producer OAO Gazprom (GAZP.RS) may pay out 200 billion rubles ($6.5 billion) in dividends per year between 2012 and 2014, the Interfax news agency reports Thursday, citing an unnamed person.

EU Refiners Likely To Seek More Saudi Oil If Iran Embargoed

EU Refiners Likely To Seek More Saudi Oil If Iran Embargoed

European refiners who are regular buyers of Saudi Arabian crude will likely ask the Kingdom to increase supplies if the European Union decides to impose an embargo on Iranian oil, people at several of the companies told Dow Jones Newswires Thursday.

Greeces Biggest Power Producer PPC Will Cut Statement and Bill Production Time with the GMC Solution

Greece's Biggest Power Producer PPC Will Cut Statement and Bill Production Time with the GMC Solution

GMC Software Technology, a leading provider of customer communications and output management solutions, yesterday announced that Public Power Corporation S.A. (PPC) has significantly cut statement and bill production time with the GMC solution. As GMC Software Technology is a Xerox Business Innovation Partner, PPC was able to discover GMC’s Customer Communications Management (CCM) solutions through Xerox.

Turkey Could Bypass Syria For Regional Trade

Turkey Could Bypass Syria For Regional Trade

Turkey plans to bypass Syria for regional trade if conditions in the neighboring country deteriorate, the country's transport minister said Tuesday.

Kuwait Oil Eyes Future Gas Exploration At Deep Levels -Kuna

Kuwait Oil Eyes Future Gas Exploration At Deep Levels -Kuna

State-run Kuwait Oil Co., or KOC, is preparing a future plan for exploration at deep geological levels with the aim of producing 1.5 million cubic feet a day of natural gas from new discoveries in order to meet local demand, state-run Kuwait News Agency, or Kuna, reports Tuesday, citing an executive.