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BP: Production From Azeri Chirag Platform Restarted Monday

Τρι, 21 Δεκεμβρίου 2010 - 20:14

BP PLC (BP) restarted production at its offshore Chirag platform in Azerbaijan Monday, a spokesman for the company told Dow Jones Newswires in an emailed statement Tuesday.

Gazprom, Naftogaz Sign MOU On Methane Production In Ukraine

Τρι, 21 Δεκεμβρίου 2010 - 20:14

Russian natural gas monopoly OAO Gazprom (GAZP.RS) and Ukrainian national energy company Naftogaz have signed a memorandum of understanding to jointly produce methane from coal in Ukraine, the Russian company said Tuesday.

French Fin Min: Areva Must Be In 'Conquest' Mode Internationally

Τρι, 21 Δεκεμβρίου 2010 - 20:13

One of nuclear engineering firm Areva SA's (CEI.FR) objectives is to be in "conquest" mode on the international stage, said French economics and finance minister Christine Lagarde Tuesday.

Obama Hails Iraq's Approval Of New Government

Τρι, 21 Δεκεμβρίου 2010 - 20:12

President Barack Obama on Tuesday praised Iraqi leaders for agreeing to form a new government after months of political turmoil, saying the move represents a "major step forward in advancing national unity."

China To Raise Fuel Prices Despite Inflation Worries

Τρι, 21 Δεκεμβρίου 2010 - 20:12

China will raise the gasoline price by 3.8% and raise diesel by 4% beginning Wednesday in the face of rising crude oil prices, despite persistent worries about inflation.

Halliburton Agrees To Pay $35M To Settle Nigeria Bribery Case

Τρι, 21 Δεκεμβρίου 2010 - 20:12

Halliburton Co. (HAL) said Tuesday it has agreed to pay $35 million to the Nigerian government to settle bribery allegations related to the construction and expansion of its Bonny Island natural gas liquefaction facility, in which its former subsidiary KBR Inc. (KBR) had a 25% stake.

Gazprom Cuts Output Forecast to 570-580 bcm by 2015

Τρι, 21 Δεκεμβρίου 2010 - 13:50

Russia's gas giant Gazprom has cut its gas output forecast for 2015 to 570-580 billion cubic meters per year due to worsening market conditions, the company said on Tuesday.

Russia, India Ready to Develop Nuclear Cooperation

Τρι, 21 Δεκεμβρίου 2010 - 13:50

Russia and India intend to develop cooperation in the nuclear sphere, the Russian president and Indian prime minister said in a joint statement on Tuesday.

Latvia, Gazprom Agree on Lower Price for Natural Gas

Τρι, 21 Δεκεμβρίου 2010 - 13:49

The Latvian gas company Latvijas Gaze signed an contract with Russia’s Gasprom for natural gas supplies in 2011, according to which the purchasing price of gas for this Baltic country will be 15 percent lower than this year.

E.ON Sells Italy Gas Grid Unit To F2i,Axa Private Equity

Δευ, 20 Δεκεμβρίου 2010 - 18:46

E.ON AG (EOAN.XE) said Monday it has agreed to sell its Italian natural gas distribution network company E.ON Rete to a consortium of Italian and French financial investors.

EU Ministers Back Deal To Cut Van CO2 Emissions

Δευ, 20 Δεκεμβρίου 2010 - 18:45

European Union environment ministers Monday backed a preliminary agreement with other EU institutions on new rules that will cut greenhouse gas emissions by small trucks starting in 2017.

French Regulator Says Shell Unit Falsified Documents

Δευ, 20 Δεκεμβρίου 2010 - 18:45

The French competition authority Monday accused Shell and its subsidiary Butagaz of having produced false documents in connection with an inquiry into alleged price-fixing by gas distributors.

GDF Suez Aims For No 2 Gas, No 3 Power Spot In Italy By 2014

Δευ, 20 Δεκεμβρίου 2010 - 18:45

French power group GDF Suez SA (GSZ.FR) aims to become Italy's second-biggest natural gas company and its No. 3 electricity one by 2014 with investments topping EUR1 billion, said a top official Monday.