English Edition

Libya Stands By Oil Contracts With West

Τετ, 16 Μαρτίου 2011 - 14:14

Libya will honor all current oil contracts with Western oil companies but the ongoing crisis in the country could affect future cooperation, Deputy Foreign Minister Khaled Kaim said.

BarCap: Japan Quake's Economic, Human Impact Worse Than Kobe

Τρι, 15 Μαρτίου 2011 - 16:46

The Japanese earthquake, tsunami and subsequent nuclear crisis are "expected to inflict more human and physical damage" than the 1995 Kobe earthquake, economists at Barclays Capital said.

With Nuclear Questions, Oil Could See Lasting Rise

Τρι, 15 Μαρτίου 2011 - 16:46

Oil prices fall below $100/bbl on reduced demand from Japan, but the global economy could face permanent increases in energy prices with nuclear power in now in question, Strategas says.

Iraq Panel Submits Bill On National Oil Co. To Parliament

Τρι, 15 Μαρτίου 2011 - 16:45

Iraq's parliament is expected to start soon debating a controversial draft law setting up a new national oil company, a leading Iraqi lawmaker told Dow Jones Newswires Tuesday.

Azerbaijan: Jan-Feb Oil Output 7.9 Mln Tons, Flat On-Year

Τρι, 15 Μαρτίου 2011 - 16:45

Azerbaijan produced 7.9 million metric tons of crude oil in January and February, unchanged from the same period last year, Azerbaijan's state statistics agency said Tuesday.

6.1-Magnitude Earthquake Centered 72 Miles From Tokyo

Τρι, 15 Μαρτίου 2011 - 16:45

An earthquake measuring a preliminary magnitude of 6.1 struck 72 miles west-southwest of Tokyo at a shallow depth, the U.S. Geological Survey reported Tuesday.

Italy's Nuclear Referendum Has Deja Vu Feeling

Τρι, 15 Μαρτίου 2011 - 16:44

This year's referendum on nuclear renaissance in Italy will have an overly familiar feeling amid fears of a possible radiation release in Japan.

Turkish Petroleum Corporation to Explore for Gas in Qatar

Τρι, 15 Μαρτίου 2011 - 14:57

Today's Zaman reports that Turkey's state-owned Turkish Petroleum Corporation (TPAO) and Qatari Gas have signed a memorandum of understanding for the exploration and production of natural gas in Qatar.

Turkey to Continue with Atomic Power Plans Despite Japan Disaster

Τρι, 15 Μαρτίου 2011 - 14:56

Turkey will press ahead with plans for two nuclear plants, including one that may use Japanese technology, despite Japan's crisis and its own tendency to quakes, Energy Minister Taner Yildiz said on Monday.

Cyprus Receives Expressions of Interest from 10 Companies for the Oil Storage Terminal

Δευ, 14 Μαρτίου 2011 - 17:45

Cyprus has received expressions of interest from 10 companies for a project to build an oil storage terminal together with the government, providing a capacity of at least 300,000 cubic metres.

Bulgaria Set to Cut Carbon Emissions by 6% by 2020, Stimulate Biofuels

Δευ, 14 Μαρτίου 2011 - 17:44

Bulgaria's government has approved a draft amendment to the Environmental Protection Act providing for reducing the country's greenhouse gas emissions by 6% by 2020.

Quake-Hit Japan Seeks People's Support For Power Cuts

Δευ, 14 Μαρτίου 2011 - 17:43

The Japanese government asked citizens to support planned power cuts starting early Monday after the earthquake and tsunami that crippled nuclear power plants in the northeast.

Radiation At Onagawa Nuclear Plant Back To Normal - IAEA

Δευ, 14 Μαρτίου 2011 - 17:43

Radiation levels at the Onagawa nuclear plant in Japan have returned to normal after a state of emergency was called there earlier, the UN atomic watchdog IAEA said Sunday.