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Million-Barrel Oil Tanker Ablaze Off Yemen

Million-Barrel Oil Tanker Ablaze Off Yemen

Τετ, 6 Ιουλίου 2011 - 15:08

An oil tanker carrying 1 million barrels of oil, almost enough to supply Greece for three days, is on fire off the Yemeni coast after being attacked by pirates.

E.ON, Gazprom Still Talk On Long-Term Supply Deals

E.ON, Gazprom Still Talk On Long-Term Supply Deals

Τρι, 5 Ιουλίου 2011 - 18:22

German utility E.ON AG (EOAN.XE) continues to talk with its largest supplier of natural gas--Russia's Gazprom OAO (GAZP.RS)--in an effort to adjust the commercial terms of supply contracts, two people familiar with the matter told Dow Jones Newswires.

Iraq Kurdistan To Boost Oil Exports To 200,000 B/D By Yr End

Iraq Kurdistan To Boost Oil Exports To 200,000 B/D By Yr End

Τρι, 5 Ιουλίου 2011 - 18:22

Oil exports from Iraqi Kurdistan currently stand at about 180,000 barrels a day and the region's natural resources ministry has prepared a plan to boost their volume to 200,000 barrels a day by the end of the year, said Ashti Hawrami, the natural resources minister of the Kurdistan Regional Government, or KRG.

EU Lawmakers Reject Call For More Ambitious Climate Policy

EU Lawmakers Reject Call For More Ambitious Climate Policy

Τρι, 5 Ιουλίου 2011 - 18:21

The European Parliament rejected Tuesday a motion to support more ambitious climate targets, in a move that shows how the fight against climate change is losing steam even in the European Union, after a similar setback just days ago among government representatives.

Russia June Oil Output 10.19M B/D

Russia June Oil Output 10.19M B/D

Δευ, 4 Ιουλίου 2011 - 17:06

Russia produced an average of 10.19 million barrels of oil a day in June, below a post-Soviet record of 10.26 million barrels reached in May, Interfax news agency reports Monday citing statistics from the Energy Ministry.

Iraq Parliament Panel Wants Government To Stop Signing Hydrocarbon Deals

Iraq Parliament Panel Wants Government To Stop Signing Hydrocarbon Deals

Δευ, 4 Ιουλίου 2011 - 17:06

The Iraq parliament's oil and energy committee has called for lawmakers to ban the Baghdad central government, as well as regional and provincial governments, from signing any new oil and gas contracts until a long-delayed hydrocarbon law is enacted.

Iran Guards Ready To Close Strait Of Hormuz - Commander

Iran Guards Ready To Close Strait Of Hormuz - Commander

Δευ, 4 Ιουλίου 2011 - 17:06

Iran is ready if threatened to close the Strait of Hormuz to ships linking the Gulf to international markets, Revolutionary Guards commander General Mohammad Ali Jafari told Mehr news agency Monday.

Exxon Pipeline Oil Spill Cleanup Efforts Widening

Exxon Pipeline Oil Spill Cleanup Efforts Widening

Δευ, 4 Ιουλίου 2011 - 17:04

An additional 80 people were heading to the Exxon Mobil Corp. (XOM) pipeline spill site Monday as the effort to clean the oil spilled from its Silvertip pipeline widened, Exxon said.

Hyundai Samho Wins $400 mln LNG Ship Order from Greece

Hyundai Samho Wins $400 mln LNG Ship Order from Greece

Δευ, 4 Ιουλίου 2011 - 14:50

South Korea's Hyundai Samho Heavy Industries said it had received an order to build two liquefied natural gas (LNG) carriers worth $400 million in total from Greece's Maran Gas.

Chevron Begins Work To Double Capacity At Caspian Pipeline

Chevron Begins Work To Double Capacity At Caspian Pipeline

Παρ, 1 Ιουλίου 2011 - 18:45

The Chevron Corp. -led Caspian Pipeline Consortium Friday said it has started a $5.4 billion expansion to double capacity to 1.4 million barrels a day by 2015. "The capacity of the 900-mile [1500 kilometer] pipeline, which carries crude oil from Western Kazakhstan to a dedicated terminal in the Black Sea, will increase to 1.4 million barrels a day from its current capacity of 730,000 barrels a day," Chevron said in a statement