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Gazprom, Naftogaz Ukrainy Agree to Set Up Two Joint Ventures

Gazprom, Naftogaz Ukrainy Agree to Set Up Two Joint Ventures

Russia’s Gazprom and Ukraine’s Naftogaz Ukrainy have agreed to set up two joint ventures, the Russian company said after a meeting between its CEO Alexei Miller and Ukrainian Fuel and Energy Minister Yuri Boiko.

Shell Eyes 175,000 B/D From Iraq Majnoon In 2012

Shell Eyes 175,000 B/D From Iraq Majnoon In 2012

Royal Dutch Shell PLC (RDSB.LN) plans to raise oil production from Iraq's supergiant Majnoon oil field to 175,000 barrels a day by the end of 2012, a company executive said Wednesday.

Syria Plans To Ship 560,000 Tons Of Crude In December

Syria Plans To Ship 560,000 Tons Of Crude In December

Syrian state oil marketer Sytrol is scheduled to load 560,000 metric tons, or 3.90 million barrels, of crude oil in December, unchanged from November, a trader familiar with the matter said Wednesday.

EDF Mobilizes Output, Buys In Mkts To Meet Demand Due To Cold

EDF Mobilizes Output, Buys In Mkts To Meet Demand Due To Cold

French utility Electricite de France (EDF.FR) said Wednesday it is utilizing all its means of production and is buying in supplies to help it meet a surge in demand for electricity in France, as a cold snap and snow storms sweep through the country.

Turkish PM Says US Should Fire Diplomats In Leaks

Turkish PM Says US Should Fire Diplomats In Leaks

Prime Minister Recep Tayyip Erdogan of Turkey suggested Wednesday the U.S should fire diplomats who reported claims in leaked State Department cables that he and his family are corrupt and said he planned to take legal action against them.

Belarus to Scrap Highly-Enriched Uranium Stocks

Belarus to Scrap Highly-Enriched Uranium Stocks

Belarus announced it would eliminate its highly enriched uranium stocks before a nuclear security summit in South Korea in 2012, the country's Belta news agency said on Wednesday.

Gazprom, CNPC Circle Kazakh Fields `Like Vultures, Leak Shows

Gazprom, CNPC Circle Kazakh Fields `Like Vultures,' Leak Shows

China National Petroleum Corp. and OAO Gazprom were ready to scoop up Kazakh oil assets in January if ventures led by Eni SpA and BG Group Plc collapsed, a U.S. diplomatic cable posted on WikiLeaks.org shows.

Bulgaria, Greece to Have Full Gas Interconnection 2013

Bulgaria, Greece to Have Full Gas Interconnection 2013

Bulgaria and Greece have signed Tuesday a contract for interconnection of their natural gas networks that must be built by 2013, announced Bulgarian Minister of Energy Traycho Traykov.

Partitipation of Serbia in Belene NPP Project Construction is Very Important

Partitipation of Serbia in Belene NPP Project Construction is Very Important

Minister of Energy and Mining Petar Skundric stressed on Tuesday that a project to construct the Belene nuclear power plant in Bulgaria is very important for Serbia, adding that if Serbia were to participate in it, it would be the first successful joint project of Southeast European countries contributing to regional energy stability.

Iraqi Kurds: Oil Laws By June 2011 Or Wont Join Government

Iraqi Kurds: Oil Laws By June 2011 Or Won't Join Government

The semi-autonomous government of Iraq's Kurdistan region wants new hydrocarbon and revenue-sharing laws by June 2011 as a condition of its participation in a new Iraqi administration, the Kurdistan Regional Government's minister for natural resources said Tuesday.

Italy Approves Bill For Renewables Incentives Changes

Italy Approves Bill For Renewables Incentives Changes

Italy's Cabinet approved Tuesday a bill setting the guidelines for changes to the renewable energy incentives system, as part of efforts to reduce the cost to consumers.

Eni Chief To Meet Ugandan President On Oil Licenses-Minister

Eni Chief To Meet Ugandan President On Oil Licenses-Minister

Italy-based Eni Spa (E) has written to the Ugandan government seeking a meeting with President Yoweri Museveni over its interest in the country's oil licenses in the Lake Albertine Graben, Uganda's energy and minerals minister said Tuesday.